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Yet the question everyone asks: Where do I store my money? I know many many e-commerce and manufacturing executives who took PPL aid and are now absolutely flus
by shiftpgdn 6y ago
Yet the question everyone asks: Where do I store my money? I know many many e-commerce and manufacturing executives who took PPL aid and are now absolutely flush with cash. Where is a safe place for the top 5% to park their cash? That's to say nothing for government purchasing of corporate stocks and bonds.
- lilbaine 6y agoI thought about this since March and my stock investments some what proved me correct. Any company that provides a strong “good” or service during this period with both a strong balance sheet and low debt will make it through and is a good investment. Also real or physical assets such as real estate in proper areas are good investments, real estate in specific regions are going through the roof! This is also due to low interest rates from the fed as well as low supply of property and high demand in specific areas of the country. The real question is how are commercial real estate investments and banks going to be able to absorb or handle these financial hits when small businesses can’t pay rents or when big corporations have their employees work from home and realize it’s more economical for them to work from home and no longer need office buildings? I guess the Fed will just bail them out as well.