Covid's Impact on the Stock Market
William Rick Graham • January 20, 2021
From the Desk of The VP
William “Rick” Graham, Vice President/ Strategic Planning
It can be stated, without a sense bravado that this has been a year for the ages. Not only has there been a tremendous amount of damage done to the economy due to the leadership, or should I say, lack of federal government leadership, in response to the Covid-19 pandemic, but the value from the loss of life is incalculable and will never be recovered.
Aside from stating the obvious fact that most people were not prepared for all that this past year has brought us as a community, there were many people who had some of their best years, financially speaking. The saying, “The Rich Get Richer”, is as true a statement as ever, as this past year showed. Many investors made huge gains by recognizing trends that led to opportunities for financial growth. We saw uncertainty over the pandemic dominate the average investors thought process. Where to put my money, now that oil has hit the floor? Should I sell all my airline stocks at a loss and get out now? Maybe I should try Bitcoin? It is never too late to learn about preparing financially, so the next economic or health crisis that challenges us as a nation will not catch you unprepared.
That where we come in at Bullish Institute.
It is our mission to uplift, educate, and inspire you to go after your dreams of success by exposing you to the necessary tools needed to gain the financial independence you are seeking.
Starting this month, we will begin publishing a blog outlining a particular avenue of thought, pertaining to the financial news of the day. Be it advice from the Chairman, Ken “Blanks”, Harrell, sharing some of his valuable tips, or from one of the team here at Bullish Institute discussing real estate or insurance questions, the topics will be of great interest to you and to your portfolio. On some occasions, there will be a vlog accompanying the article.
This past year has been, by most accounts, a disaster. Let us prepare so 2021 will be the year that you and your finances stand up together, leading you to a new and exciting life. We have the tools to help get you there.
Check us out at:
bullishinstitute@gmail.com
313-744-3489