What To Do With Your Money During The Coronavirus Pandemic

The coronavirus pandemic continues to wreak havoc on the global economy, with more than 20 million Americans out of work. However, the stock market remains open for business, and it has seen historically dramatic swings in the last eight weeks. For those fortunate enough to receive a steady paycheck amid the crisis, now might be a good time to cautiously consider investing in equities. Senior video correspondent Graham Flanagan talked to two world-renowned financial experts: Ellevest CEO and former Citigroup CFO Sallie Krawcheck, and Professor of Finance at the Stern School of Business at NYU Aswath Damodaran. He asked them for guidance about investing in equities, managing longterm accounts like 401(k) plans, and advice for people who received stimulus checks from the U.S. government. Flanagan also talked to Barstool Sports founder Dave Portnoy, a multimillionaire known for sports gambling who decided to try day trading in the stock market after the coronavirus cancelled all sports leagues. At the time of the interview, Portnoy told Flanagan that he had lost over $700,000.

MORE BUSINESS INSIDER CONTENT:
The Best Way To Understand Why People Are Mad At The Airline Bailout

How A Shoe Company Makes 100,000 Masks A Week To Fight The Coronavirus

Why Spacesuits Are So Expensive | So Expensive

——————————————————

#Stocks #Money #BusinessInsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit us at: https://www.businessinsider.com
Subscribe: https://www.youtube.com/user/businessinsider
BI on Facebook: https://read.bi/2xOcEcj
BI on Instagram: https://read.bi/2Q2D29T
BI on Twitter: https://read.bi/2xCnzGF
BI on Amazon Prime: http://read.bi/PrimeVideo

————————————————–

What To Do With Your Money During The Coronavirus Pandemic

Who Gets A Coronavirus Vaccine May Depend On The 2020 Census

The coronavirus could threaten the accuracy of the 2020 census, which could then jeopardize how a future coronavirus vaccine is dispersed. This leaves minorities — a group that is historically hardest to count — vulnerable to being put behind.

MORE CORONAVIRUS CONTENT:
What Could Be The Fastest Way To End The Coronavirus Crisis?

The Best Way To Understand Why People Are Mad At The Airline Bailout

Why Bats Are The Perfect Breeding Ground For Viruses

——————————————————
#Coronavirus #Census #BusinessInsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit us at: https://www.businessinsider.com
Subscribe: https://www.youtube.com/user/businessinsider
BI on Facebook: https://read.bi/2xOcEcj
BI on Instagram: https://read.bi/2Q2D29T
BI on Twitter: https://read.bi/2xCnzGF
BI on Amazon Prime: http://read.bi/PrimeVideo

————————————————–

Who Gets A Coronavirus Vaccine May Depend On The 2020 Census

The Best Way To Understand Why People Are Mad At The Airline Bailout

Many airlines spent billions of dollars on their own stocks over the past decade, and are now receiving almost $60 billion of aid from the US government. The airlines say the help is necessary to keep paying their employees, but in some cases, the total buyback amounts over the years could have covered employee salaries during the COVID-19 coronavirus pandemic.

MORE CORONAVIRUS COVERAGE:
How To File For Unemployment If You Lose Your Job During The Coronavirus Pandemic

How Long Will Social Distancing Last? It’s Complicated

World’s Largest Glove Maker Is Struggling To Keep Up With Demand

——————————————————

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit us at: https://www.businessinsider.com
Subscribe: https://www.youtube.com/user/businessinsider
BI on Facebook: https://read.bi/2xOcEcj
BI on Instagram: https://read.bi/2Q2D29T
BI on Twitter: https://read.bi/2xCnzGF
BI on Amazon Prime: http://read.bi/PrimeVideo

————————————————–

The Best Way To Understand Why People Are Mad At The Airline Bailout