Profitable Investments To Make During A Pandemic

If you’ve found yourself in a strong financial position during the pandemic, you may be looking to make a profitable and relatively safe investment. The economy is in a state of uncertainty, so making any investment can be risky, yet there are a few areas that have been consistently strong throughout the pandemic which gives you the best opportunity for a high return on investment. 

E-Commerce Stocks

As shoppers were forced to retreat during lockdown, consumer habits are likely to have changed drastically. Everyone turned to e-commerce for all of their basic needs and will have enjoyed the benefits that come with shopping at home, making them more likely to shop online for things they would usually buy in shopping centres or on high streets. More discount vouchers, no parking fees and free delivery options are just a few of the conveniences associated with e-commerce. So, with consumer shopping behaviour being likely to change for good, investing in e-commerce stocks will give you a great chance at making some decent profit. Sites like Shopify and Wayfair have thrived during the pandemic, so take a look and see if their stocks are something that you’d be interested in.

Residential or Commercial Real Estate

The demand for housing never ceased throughout the pandemic. The residential real estate market remained fairly consistent all year, meaning it will be quite a safe investment to make. If you’re looking to buy a property and are wanting to take out a mortgage, just bear in mind that many mortgage providers are still not offering mortgages without a 20% deposit. For cash buyers, this puts you in a fantastic position. Many people who had been looking to buy a home are now unable to as a result of economic uncertainty, so providing a fantastic rental property for people who aren’t in a position to buy looks like the way forward. 

Whilst the commercial property market still looks unstable, there are a few avenues to explore that have the potential to offer substantial profits. If you’re wanting to go into commercial property management, investing in flexible office spaces is the way forward. People have gotten so used to working from home that the future of working life is likely to change forever. Staff are likely to want the option to be office based some days of the week, and home based others. Flexible office spaces offer a solution to this, as they allow staff from multiple companies to dip in and out when they need. This is also a benefit for the owners of companies as they don’t need to commit to long leases that cost extortionate amounts. So, investing in the future of working life with flexible offices has the potential for great returns. 

Any ISA (Individual Savings Account)

Largely, interest that is built in your savings account would be tax deductible, with a few exceptions. However, any ISA, such as the Help To Buy ISA, Lifetime ISA and other Cash ISAs are completely tax free. Although providers can vary their ISA deals in relation to the interest they pay, you know that any contributions from the government will not be tax deductible, helping you to get more out of your money. With a very uncertain financial future overall when it comes to taxable earnings, having money in an account that is protected is a sensible step to take. There is a limit to the amount of money that can be put into an ISA each month or year, dependent on the type, yet it is still a great option to have. 

Summary

So, there are a few of the most sensible and potentially profitable investments you can make in this current climate. It may feel like you are taking a risk, yet as long as you have researched the market and understand the implications of your investment, you will be in a strong position to assess any risks and remedy them when needed. 

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If returning to normal means shopping is in vain, then forget it

The past few months have been a time to re-evaluate his life. They not only work at home, but also at home and their bodies, tidying up, getting fit and tidying up everything. They have tips on how to structure our days as we marry our souls.

But that year wasn’t like that for me. The large pile of clothes and shoes in the corner of my room remains unsorted. These are things that I cannot live for and I cannot live without. Marie Condo asks if an object brings joy. My answer is whether the object provokes a story. An old dress can evoke memories of returning the favor, even knowing you may never wear it again. How can you throw away a shoe you can’t fit into, but that’s not just heels, but a golden ticket to a world you want to visit again one day? Deed and treasure.

There is madness that clearly underlies all this. Seriously, when will I wear heels again? Do I even want a highly respected person in a bathrobe in the corner shop. An advertisement pops up on my screen for something called a homemade dress – before you get to underwear. I don’t have a terrace so everything looks fine, like Palm Springs. This is a big, wide dress that we usually call a muumuus or a kaftan or even a beach blanket. Here they are, they condone weight gain and are a little more casual than pajamas.

In this crisis, everything I “put on myself – I don’t care what anyone else thought” turned out to be a scam. It turns out that people who dress themselves don’t bother with dressing at all. How many coworkers just get annoyed with Zooming up and down for the rest of the day?

All this caused a fashion crisis, or rather the retail sector. Fast fashion seems increasingly unsustainable as the “stuff” changes every three months. It’s not that people have forgotten the pleasures of dressing in our recession, so many “fashions” – especially for young people – seem bolder and irresistible even when turned down at a low price.

Oxfam’s September Second Hand was just getting started. We want us to commit to buying used goods within 30 days. “Every week 13 million items of clothing end up in landfills in the UK,” he said. When I finally tidied up my room, it was 14m away.

I love this campaign because it really breaks the madness. They say we can look great in old things. We don’t need to update our clothes and looks endlessly. The consumer’s logic says the opposite: You can never have enough. If you buy one more item, all the better.

The pandemic changed all that, but politicians don’t seem to understand how much the consumption cycle has changed. There’s no point telling yourself to go back to the sandwich chain or grocery store out of patriotic debt when we find a small business that suits us better. Many of us also find that we don’t need all the things we have thought about.

The shopping shift from shopping to entertainment – “retail therapy” – is one of modern life’s most unfortunate drawbacks. Do people ever look happy in these big malls? Even as a social activity, shopping is completely compartmentalized. We consume to maintain our individuality as if this is our true purpose in life – but it is happening en masse. We are in a completely passive relationship with what we want: clothes, food, or household items.

The gap between what we consume and where and how it is produced has long been established, but it is a small gap during a pandemic. Not in what many see as Puritan environmental lectures, but in recalibrated and reassessed relationships with local, independent, community-based businesses.

If the idea of ​​getting back to normal leads to useless spending rather than tackling more sustainable trends – diversions, home improvements, secondhand shopping, small business support – I don’t want to get back to normal. The main roads of our homogeneous city had to be diverted long before the coronavirus.

The desire to dress will not go away. I predict a new romantic reconstruction in which the creative generation will fall in love with great effort. You don’t need a chance to get dressed; You will be the opportunity. It can sit next to a hug in casual clothes. Maybe we actually wear what we really feel good about, also to work. Radical.

“What consumerism really is, at worst, is getting people to buy things that don’t really improve their lives.” Who said that? A French Marxist in the early 1970’s? No, Jeff Bezos.

What makes your life better is very personal. You can actually find them online. Or you can find it in the pile of clothes at the bottom. If something good has come at this terrible time, it is time. Reconnecting with our material existence, a meaningless pause in consumption. “If it’s hard, it’s hard to shop,” they said. Well that’s not true anymore if ever.

It’s hard to find, if we’re lucky, we actually already have a lot of what we need. We don’t need to add to the pile.

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Half of UK finance workers want to change careers because of the pandemic

The coronavirus pandemic has seen workers in the UK financial industry consider career options. According to the new report, 44 percent are considering moving.

Of urban workers seeking change, 13% said they would like to leave the sector as a whole. According to a KPMG study and the Financial Services Skills Commission (FSSC), that figure increases to 16 percent for ages 18 to 30.

The coronavirus pandemic has rattled the UK job market. Data earlier this month showed the country had lost nearly 750,000 jobs since the blockade began in March.

Britain is also facing constant changes in the way people work. A BBC survey of 50 major companies yesterday found that none of them plan to bring all employees back to the office full-time anytime soon.

KPMG and FSSC asked more than 600 tax officials in July whether the coronavirus pandemic has caused them to change careers and 44% said yes.

The weather outside the office is changing

Karim Hadji, Head of Financial Services at KPMG, said, “Since we spend more time at home away from our colleagues and offices, it makes sense that many people question their current roles and decisions.”

About a third – 31 percent – of workers said they were looking for new roles that would dry up or come out of finances by the end of the year.

15% of those who wish to leave funding cite long working hours as the reason. About 13% of people are now blamed for the long commute.

Hadji said finance must dispel certain beliefs about the sector, including that it has “a conservative employee policy”. However, he said “some work is being done” sparked by the pandemic.

Claire Tunley, CEO of the Financial Services Skills Commission, said, “This sector has a real opportunity to learn from the pandemic’s experience to create a better workforce built on an existing reputation for good pay and promotion.”

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