Time to Invest... Differently
It's the middle of April and unfortunately as I write this the COVID-19 pandemic continues to have a drastic impact on our lives. Many Canadians have been laid off or are working from home, whilst foot traffic in retail areas, parks, transit stations, and grocery stores remain minimal. (See charts and graphs below)
For those interested, this data is available from Google, taken from users who have location history turned on for their google accounts. Click Here to check it out.
Unsurprisingly, residential traffic is up which leads me to my next point - how we can invest differently. Some of you have seized the opportunity to add more assets into your portfolio - and kudos to you - but investing doesn't always have to do with money.
Sure, there are trends that will develop out of this situation in the healthcare and technology field that the investment managers will take advantage of... but today's message is different. Today I thought it'd be appropriate to discuss investing in a different way - investing time in personal development or in those relationships around you.
One of the things I've just started during the quarantine is a 30 day workout challenge - walks and bike rides in the neighborhood only do so much, and when the weather is colder like the last few days, it's not as fun! Since going to the gym is no longer an option I'll have to focus on home workouts instead. Even as I've done walks in the neighborhood, I've seen more families out than I have before this quarantine started. It's cool to see parents playing basketball against their kids!
Has this been an opportunity for you to focus more on those around you, whether it be family members or children, or are you focusing more on personal development?
You know, we can't always control the world around us, but we can control our attitude and mindset to try and make the most of any given situation.
Financial Advisor, BASc
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