Today i wanna talk about crisis. We know that crisis effects everyone accept children. Crisis occurs abruptly, it's like a wind. Wind comes and damages the tree leafs. And the tree leafs fall. The crisis is exactly the same. It comes suddenly and and a person standing in high position suddenly falls, mostly it effects banks.
But if you are wise enough! you can make money during this crisis. But you need capital. If your and ordinary person... it'll be arduous to gain big profits. But if you have capital and your businessman or you own a business you can gain vast amount of profits. For example during crisis assets such as houses are getting cheap and some industries are ending up bankrupt. And many things are getting cheap but for a while. If you use this moment and if you buy them during the beginning of the crisis, and then you can sell it at a high price after 1 or 2 years. Or even 1 month.
There is one more way to get rich. It's by internet. You can buy and sell shares of the public limited companies in internet. When the crisis started 1 share was 0.4 dollars. This was Russian bank called "Sberbank" but now it's shares are reaching 3 dollar per share. you see if you are wise enough you could buy 100000 of shares for 40000 dollars and now you could sell it for 300000 dollars. See how much profit is it? 260 thousand dollars of profit.
also here is a source this gives more information in details.
Also for businesses if they are really wise they can make a lot! during crisis.
Diseconomies of scale
7 years ago
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