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Is Now A Good Time To Invest Money And Buy Shares Amid The Coronavirus Pandemic?

Global stock markets never looked as choppy as this. Markets suffered substantial falls earlier this year when Covid-19 become widespread and countries lockdown. The FTSE 100 began to level out as investors started to feel more confident, and in early June, it even hit a three month high. But it was announced in August that the UK was officially in recession, and fell again down the Footsie.

The FTSE 100 has fallen 20 percent since the beginning of the year, as it did on August 14. The yellow metal’s price plunged in March, but it has recovered sharply. Overall, as of August 14, it’s up 28 percent since the beginning of the year.

With lower share prices, though, now might be a good time to pick up some bargains. Gemma Godfrey, Times Money Mentor’s executive editor, discusses the possibility of closing down pubs, restaurants, theaters, and cinemas. Some buyers have …

Financial Statement

Is Investing in Local and Small Businesses Safe And Profitable in 2020 Due To Coronavirus Pandemic?

November 10, 2020November 10, 2020 - by Chloe Richardson

In March a lot of small businesses across the country were forced to close down amid the fear and spread of the coronavirus pandemic. While this isn’t great, it is not all gloom and doom since some of these businesses have resumed normal activities in recent times as the surge of the pandemic continues to go down. What then does this mean for new investors? Is investing in local businesses doomed from the start due to the effects of COVID-19?

The Rebuilding Society user experiences say otherwise, and a lot of feedbacks have shown that recession or hard times could be a good time to start a business for a number of reasons. Going by the fact that customer needs are the driving force for setting up new businesses, then, we could all agree businesses could still thrive in a time like this.

In essence, while it seems the business …

Financial Plan

Reaching Financial Freedom – A Very simple Plan to Go From Start to Finish

October 17, 2020November 10, 2020 - by Chloe Richardson

Financial freedom is something which anyone who’s old sufficient to know the worth of money wishes for. But, despite this, only a tiny portion of the population essentially succeeds at individual wealth-creating and the establishment of financial freedom and security. If you are intrigued by understanding the essential variations between people that succeed and those who struggle, that is what this article is going to cover.

Financial Freedom Can Only Take place On Objective

Are you what people today might take into account to become a “tightwad” about how you manage your money? You know what I’m talking about, a nerd who lives on a written financial strategy and who keeps track of what they earn and what they devote. If not, it is time to stop caring about what individuals say about getting a nerd or even a tightwad and it is time to commence living like a single. …

Financial Management

2020 Crucial Decision: Saving Money Or Buy Investment Properties?

October 1, 2020October 1, 2020 - by Chloe Richardson

Buying and owning a property are both a good and successful investment strategy. In comparison to investors in stock and bonds, prospective property owners can leverage their property to purchase by paying a portion of the cost upfront and paying overtime the balance plus interest.

Although the typical mortgage typically needs a 20% to 25% down payment, in some cases a 5% down payment is all you need to buy a whole house. The right to manage the asset when documents are signed both property pinchers and landlords who, in turn, will take second mortgages on their homes to make payments on other properties.

Here are tips for saving money by buying a property as an investment.

1. Rentals properties

Ownership of properties can be an excellent opportunity to generate more income. For example, when you have a different house for rent, the more the people rent the more income …

Financial Management

How to Become Debt-Free?

September 17, 2020September 17, 2020 - by Chloe Richardson

It can be tough to stay motivated when you have to separate most of your time and money on paying off your debts. No matter if you own a mortgage, an auto loan, or credit cards, altogether these may create a debt burden with no probable way outs.

If you are working on paying off a large amount of debt, you know just how difficult it can be to stay on track. It’s easier to find motivation at the start than when you are close to the finish line. Today we will discuss a simple tool named the debt progress thermometer that may help you out during your entire debt-free journey.

What is a Debt Progress Thermometer?

A debt progress thermometer is a simple illustration of your outstanding obligations. There is a thermometer figure on the left side, and on the right-hand side is a column where you need to …