Bank of England warns of 30% drop in GDP, is anywhere safe to put your money?
Bank of England warns of 30% drop in GDP, is anywhere safe to put your money?
With leaders driving the economy into almost certain depression by shutting down their country’s economies, you’d be forgiven for believing in the Coronavirus conspiracy theorists, like David Icke, that this is a deliberate plan to destroy the world order as we know it!
Cash is King!
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
In this Money Tips Podcast episode:
- Where can you put your money that is safe from the coming depression?
- BoE predict 30% fall in first 6 months and 15% fall in 2020 – highest ever
- I’m telling it like it is and do not dress up the facts with “positive” crap!
- Stock market prices are still way overvalued are likely to crash deeper
- “Buffett predictor” of imminent market crash is at highest level for 50 years
- What about shares, Bonds, Gold, Silver, Bitcoin, Property and bank deposits?
- UK Bank deposits government protected up to £85,000 per depositor per bank
- Chancellor is bound to slash government aid for business furlough scheme soon
- Businesses need end to lockdown to get back to work now to come off state aid
- 3 million furloughed on Job Retention Scheme costing us billions every month
- Builders stuck due to lack of materials while supermarket chains can sell everything
- Why opening a shop in the High Street is financial suicide for most business start-ups
- Your best investment could be investing in yourself through education to make money
Can you afford to retire?
Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?
Quit the rat race and retire early
You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income.
If you’d like more information on how to quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.
See more articles at www.moneytipsdaily.com
