Episode Details

Who will the winners or losers following the coronavirus crisis?

Winners

- Technology - Zoom, Cloud services

- Netflix 16 million new subscribers

- Amazon recruiting 100,000 extra staff

- Drug and pharmaceutical

- Utilities

- small luxuries – Coke, drinks, cigarettes all prospered during the great depression

- FAANGS – Facebook, Amazon, Apple, Netflix, Google (Alphabet)

- Oil record lows - indicator of global economic activity

Losers

Travel

Airlines, cruise operators

Commercial and office landlords. Will companies retain more workers at home and dispense with expensive offices?

Buy to let rental demand down 42%

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What do you think?

- 1.5 million more claims for Universal Credit in UK

- Councils warned about holding up grants

- John Lewis, Stella McCartney, Victoria Beckham, Richard Branson

- Tesco  - market cap £22 billion, revenue £63 billion CEO earns £4.9 million

Is real American dream turning into a nightmare?

- LA Has 45,000 rough sleepers. It is estimated that they are half a million short of affordable housing.

- Based on a minimum wage you would need to work 100 hours per week to afford a one bedroom apartment in Los Angeles.

- Thousands of people living in tents, cars and vans on the streets of LA

- 22 million people are now unemployed in America with hundreds of thousands registering every day whilst the country is in lockdown.

Discussion – Who will the winners or losers following the coronavirus crisis?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

In this Money Tips Podcast episode:

1. Which businesses will the winners or losers following the coronavirus pandemic?
2. For instance - FAANGS – Facebook, Amazon, Apple, Netflix, Google (Alphabet)
3. Small luxuries – Coke, drinks, cigarettes all prospered during the great depression
4. John Lewis, Stella McCartney, Victoria Beckham, Richard Branson on support
5. The American dream turns into a nightmare for millions homeless and unemployed
6. Oil market in turmoil as prices reach 18 year low indicating economic growth
7. Opportunities – stock market, options trading, business and buying cheap assets
8. Learn insider secrets on buying and selling in auctions from leading experts
9. See full interview with auction expert https://www.facebook.com/CharlesKellyUK
10. 10 things you can do to thrive during Covid 19 isolation

Can you afford to retire?

Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

Quit the rat race and retire early

You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than wo