Discussion in 'Making Money' started by Phoenix11, Mar 16, 2020.
Vloggers or Youtubers
Home Improvement, DIY, House and Garden, Porn
People will be at home and bored. Gardening and especially growing vegetables and fruits will be something to do. Gardening supplies, seeds, bread making equipment and anything that people can do at home rather than buying at a store. Many will be short of money for shopping and also find themselves with more time than money.
Here are some ideas - https://www.fastcompany.com/9047898...us-try-these-industries-if-you-need-a-job-now
Food, cleaning, medical, movies, and porn.
You can now sell surgical masks.there will be profits everywhere.
All business have some kind of underline weak point that can bring them down.
We as a business are booming BUT once the postal network goes down we can't ship. Unless I start my own delivery network... maybe 2020 is year I take on Amazon.
Streaming services (porn, tv, media) is only there while the infrastructure holds up.
Everything has a weak point.
adult, Entertainment and Consumer goods
Medical, weapon, food, and toilet tissue
Local media/news websites have enormous amounts of traffic now. I have access to analytics of one of them. One post about new coronavirus victim today got 1m visitors from country of 3m people.
So far from the data presented by Google based on consumer searches, it shows that three sectors have not been affected, in fact, they've seen an increase in user searches from these three sectors, they're Finance, Media and Health. so I guess anything related to this will be immune to the Chinese virus recession.
What months do you think the coronavirus recession will hit uk or usa
Well at the moment the UK gov is writing blank cheques for everyone... Self Employed & Zero Hours will be offered something next week I think.
I think 'recession' or rather a depression will hit IF and when this blows over. BUT if you want to talk when will some obvious signs start to appear it's Easter holidays in 2 weeks and I think all, but most holidays are cancelled and then Summer is after that with most now not going away.
Id imagine depending on how long a lockdown will last IF and when it starts at all in the UK (again I figure end of March we will see an "official" lockdown) your going see all the popular UK places under fire. BUT then as I said there is still loads of government stimulus in place. SO my best guess when you see house hold companies / travel brands / names go under will be the start of June or July and then it's only going to get worse towards the end of 2020 Christmas may see a small boost for shops but I don't think it will be much.
Car industry is pushing HARD on car sales... BUT if people can't go out. IT's going to get super interesting soon!!!
IF we make it to 2021 that's going to be a worse year in terms of economy, spending, job losses etc in the grand scheme of things it will be worse than what we are going through now. Just look back at the last pandemic and depression.. I'm convinced we will see a war before 2030, war is good for starting money flowing in the economy id love to be wrong! All doom and gloom aside we will get through it.
Thanks. I'm thinking stocks and investment imo. I'm thinking where can I spend where it'll have a knockon affect for a month or so then as soon as the lockdowns are lifted prices jump to atleast 7-10 times more
There are plenty of investment blogs covering this very topic at the moment. Id do a bit of searching / reading and then see what you can find yourself. I did see an article covering this earlier but I can't for the life of me find it now.
Well metals is where it's at during a recession - personally this is something I'm banking heavily on
Anything entertainment related.
You may want to consider pivoting to ecommerce product review sites. There are certain product categories that have remained stable or increased since the outbreak. Amazon, Walmart, Home Depot, Lowes, and other major retailers offer affiliate programs.
Also, could you DM me your portfolio if you do Wordpress sites?
It has already shown its effect in the U.S and U.K. The most affected sectors are restaurants and Travel since people are always indoor, they have time to prepare their meals, they don't want to take the risk of eating out. Vacation is out of question also since a lot of countries and cities have locked down international airports. This is also based on the stats I've seen in the media. Recession will hit hard worldwide in the coming months.
Medical has been mentioned, but it can't be stressed enough. There are so many offshoots to that one field that will not be negatively affected, from the people making vaccines to the blood testing facilities to the delivery drivers delivering everything you can possibly imagine.
The only exceptions I see are the medical businesses dealing with prosthetics and plastic surgeries. These are electives and you can bet they will be drastically cutting those services soon if they haven't already to make room for the needed services.
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