Fundrise has revolutionized the real estate market with its meteoric rise that can be attributed to its invention of eREITs (electronic real estate investment trusts). These unique investment trusts give low income-bracket investors an opportunity to buy into commercial and residential properties.
Having killed more than 100,000 people already, the Novel Coronavirus, Covid-19, is wreaking havoc. To date, more than 1.7 million people in at least 210 countries and territories worldwide have been affected, with the number rising by several thousand each day. Without exaggerating, it’s been one of the worst epidemics in the last 100 years.
Unsurprisingly, Not Everyone Is Feeling the Blues
While some stare at months or potentially years of turmoil, a few industries are reaping big from the impacts of the Covid-19. Here are just a few examples of industries that seem to be thriving amidst the chaos.
Health and Wellness
Businesses that prescribe or sell home fitness programs and exercise equipment, also known as Lifestyle of Health and Sustainability (LOHAS) providers, are swimming in money this Covid-19 season.
From fitness apps that offer workout programs such as yoga and cycling to live broadcast fitness classes, sales have surged exponentially. Sales of skipping ropes (56%), dumbbells (60%), and yoga mats (150%), for instance, have increased.
Now that people can’t go out freely, they can’t do their own shopping. But, they still need to eat. So, what do they do? Find someone else to do their grocery shopping! That’s where delivery companies come in.
Alibaba’s grocery delivery app, Fresh Hema, for instance, witnessed 100,000 new downloads in a single day during the February lockdown in China.
Ecommerce and e-marketplaces
Similar to grocery delivery, although people have been asked to stay indoors, that doesn’t mean they can’t buy the items they need. It just means that they can’t do it while outside their homes. A quick solution? Order whatever you need online!
The result has been a sharp spike in online shopping. Amazon, for instance, is adding 100,000 new jobs to manage the extra demand.
Online education and remote learning
Although education programs in many countries are suspended, learning hasn’t stopped entirely. Instead, many people are turning to online platforms, and EdTech companies are taking full advantage.
In China, TAL Education owner Zhang Bangxin saw his wealth rise by over $1.7 billion within just three months after partnering with 300 schools in the country to offer courses online.
First off, in nearly all nations, pharmacies have been classified as “essential” and thus left open despite strict restrictions on movement. Those who need medicines will quickly get permission from the authorities to visit the nearest pharmacy.
Additionally, the pharmaceutical companies that eventually develop a vaccine for the coronavirus are guaranteed billions in profits.
Since everyone else is indoors, logistics companies are needed now more than ever to plan and execute the delivery of essential goods such as oil, medical equipment, and food. And, they’re making a killing off the current strains.
Alibaba’s Green Channel Initiative, which delivers PPEs, masks, and other medical equipment, for instance, has shipped over 5 million medical equipment in China alone.
If people can’t go to the office to work, how do they attend to clients? Easy – find a reliable video conferencing app and discuss new deals or the progress of old contracts from the comfort of your homes!
Video conferencing apps are significantly benefiting from this new trend. Zoom, a US-based videoconferencing start-up, for example, has witnessed a 50% jump in sales over the Covid-19 period.
A joint study by analytics firm AlphaBeta and the Australian credit bureau illion shows a 67% increase in online gambling in the week ending Thursday 9, April. And, in the US, Global Poker recently revealed a 43% increase in the use of online poker sites in the country.
It makes sense considering that people are stuck at home. Bored and without any other viable alternatives, even lottery players will be looking to buy tickets online. It’s an excellent distraction from the prevailing confusion.
Forbes indicates that Covid-19 has pushed up streaming by more than 12%. Although the shock of the lockdowns and curfews initially led to a drop in streaming, there’s been a swift uptick in both new subscriptions and total streaming time.
In Italy, for example, streaming is up 90%, with one streaming site, MainStreaming, reporting a 300% rise in streaming traffic.
Finally, more people are also playing video games as they stay at home this coronavirus season. Data from US telecommunications giant Verizon shows that video gaming has increased 75% during peak hours in North America.
Doug Creutz, an analyst for investment bank Cowen, predicts that the industry will “fare far better than the market average” during the pandemic.
Although it’s been doom and gloom for the past few months, covid-19 has had a positive impact on select industries. Hopefully, the gains made during this period will give these industries a firm footing and spur their growth even after the virus is long gone.
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Image source, Yuri Samoilov, via Flickr.
A DST or Delaware Statutory Trust is a legal issuance that real estate investors create and frequently use, allowing for multiple investors to pool their money in an effort to hold fractional interest in the trust’s assets and holdings. It’s comparable though there are critical legal distinctions to the functionality of a limited partnership where a master partner has the assignment to manage the trust’s owned assets. The DST then gives owners limited liability and passes cash distributions and income to minority partners. Continue reading
Retirement planning is a challenging endeavor. With so much uncertainty in life, it pays to give enough thought to retirement plans. Many events take place which we do not expect. Such events can unfold new opportunities and challenges. The right plan and execution can allow one to leverage the resources one has to improve their future. But what life changes affect retirement planning? Continue reading
Both trading and investing can be considered as two different methods of attaining profit in financial markets. Both traders and investors look for profit by taking part in the market. The only obvious difference between the two groups is that investors tend to seek larger returns over an extended period of time, while traders seek smaller, more frequent profits over a much shorter period of time.
Comparing Trading With Investing
Both trading and investing require a degree of emotional discipline as well as patience to execute correctly. However, the time required by a trader and an investor differs in many aspects. In the case of traders, they remain active, potentially executing several trades throughout the day if they find positive trading opportunities. Investors, on the other hand, work on a long –term basis, as it does not require constantly watching the positions of his/her portfolio.
Comparing the potential returns of trading and investing is like comparing oranges to apples, as there are no definitive ways to answer it. One of the biggest advantages that trading has over normal investing is the phenomenon of rapid compounding of gains. For instance, if a trader starts out with $50000 with a 10% profit every month, the trader starts with $55000 in the next month, followed by $60500 the following month if the profit level remains the same.
Thus, through trading, a trader tends to make gains on prior gains, as well as on any additional deposited capital. This serves as a striking advantage that trading has over long-term investing. This is not the case with investing where traders have to wait years for profits to be realised and cannot use the said profit to generate even more gains.
Using IQ Option for Trading
Many potential traders avoid trading, citing a lack of reliable brokers as the prime reason behind their decisions. However, IQ Option, a Cyprus based brokerage service has become a popular option for traders looking to diversify their portfolio. Along with binary options trading, IQ Option offers a mix of forex contract for Differences, Stock CFDs, cryptocurrency CFDs, commodity CFDs as well as digital options, in a single, seamless platform.
As mentioned before, IQ Option offers a mix of forex, cryptocurrency, stock and commodity markets for traders to trade in. It offers Binary Options on some stocks, forex pairs and on some commodities. Because of recent changes in regulatory directives, it offers digital options for EU-based traders who are prohibited from trading Binary Options by law.
As traders require some skill and experience before attaining success, IQ Option offer a fully functional demo account for traders to get the hang of it. This demo account has all the features of a real account, with virtual money for traders to hone their skills. Novice traders can thus use this feature to get a feel of the trading market in real time, with options to restore the original virtual balance at any time.
IQ Option is thus a secure online broker which caters to both small and large participants in the market. The minimum deposits are as small as $ 1 USD with trades starting from $1 as well. Founded in 2008, the platform has more than 25,580,000 as of 2020.
Both trading and investments have their own sets of advantages and it cannot be definitively said which one is better. Ultimately, it depends on the skill level of the trader or investors involved, in order to be successful. With the emergence of online brokerage services such as IQ Option, the online trading industry has provided access to more traders worldwide than ever before, making trading one of the most accessible and profitable aspects of dealing in the financial market.
Image source: OTA Photos, via Flickr.
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