Stocks Dropping, Assets Dropping

The stock market is dropping at a substantial rate. So are many people’s assets. Is this the time to buy or to sell.

When Stocks Crash…

Things tend to get cheaper, unemployment rises, money loses value, precious metals go up in value. Many times when stocks crash people go into a frenzy(especially when you pair that with a virus…). As people go crazy there is that one percent who use it to their own advantage. 

The One Percent?

The one percent is those people you know who are always making more money than you and you don’t know why. While you work at your job everyday they just stay at home and do nothing, right? They got there from hard work, but you work hard too. One percenters worked especially hard researching and doing something until it worked, not what they were told by the world.

Money On A Thin Line

At this point in history (2020) there is no certainty at what anything will be like in a year. You have probably heard of inflation if not it is essentially where money is going down in value. When the government first started printing money it was backed up by gold and silver, but a good indicator that it is probably not anymore is inflation. If the stocks do crash completely then paper money will lose a tremendous amount of value.

Precious Metals

Precious metals are silver, gold, etc. These will go up a huge deal if the stock market crashes. This is called a recession. The reason is that everybody knows that paper is worth almost nothing, so if our money is not backed up by anything it will be worth nothing.

Hoarding

As people get nervous they do unreasonable things. Toilet paper is disappearing from off the shelf. At this time stop, drop and think. People are spending money on things they don’t need or even want. If you save that money for the future you will be better off. Tell me what you guys think about these times in the comments below.

Published by Austin Anderson

I'm 14 years old, a Christian, and an entrepreneur. I like to help people and to learn to make money online, I created this blog to be the start of my followers who can also help the community!

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8 Comments

  1. Yes as people panic this is often a great time for those who keep their head! For example the last time the price of oil was close to $20/barrel was 40 years ago. So I’d say that it looks like oil stocks may be on “sale”! I guess another way to look at this would be to fill your car up with gas and drive somewhere… or maybe not b/c everything is closed. So use that money and invest in oil!

    Liked by 1 person

    1. I think that your points were ones i came up with a while ago, but thanks for sharing them to know that i’m not the only one not panicking

      Like

      1. Oil is not something to invest in at the current time. However, just before the end of the epidemic i am predicting that the oil prices will jump a hundredfold, so that would be the time to do it if you’re going to.

        Like

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