The COVID-19
virus has caused wholesale changes to not only us here in America, but, all
over the world as well. How we interact with one another, how we shop, and even
what we spend our money on has been altered.
While the
larger corporations will adapt and move on many small businesses will fail and
fall by the wayside. Being a small business owner, I too will have to
restructure my business in hopes to survive. Surviving being the key at this
stage in the game.
However,
there are those that will prosper during this time of crisis. Someone that hasn’t
been decimated by the COVID-19 virus and still has money to invest can do quite
well in this down market. Stocks are down temporarily but they will recover. For
those with the right mindset, this will only be a little bump in the road and a
chance to make a lot of money by investing in strong companies that will bounce
back stronger than ever.
The key to
many things right now is not to panic. This holds true both at home and in the
marketplace. If you freak out like the multitude of toilet paper buyers, you
aren’t yet in the right mindset.
