Invest
When Sh*t hits the fan, Cash is still King
By Side Hustle Rich  •  March 17, 2020

Almost anyone can invest into a bull market and come off looking like a genius. But when shit hits the fan, and the economy goes belly up (as seen from the covid-19 fall out that is still evolving by the way), and businesses scramble to survive, cash is still king.

As we take in the news of how governments around the world are taking action to halt or slow the spread of the covid-19 virus, we’re also anticipating the impact of those actions on the economy at large.

Travel and Hospitality

The travel and hotel industries have been hit especially hard. From all-out bans of travel in and out of the country (Italy, Malaysia), or partial travel bans and advisories to multiple cities, airlines, hotels and tourism related businesses are all badly impacted.

Expedia, still reeling from the sudden departures of CEO and CFO in December, announced

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By Side Hustle Rich
I’m Richard, creator of SideHustleRich. I created this site to journal my experiments, experiences and thoughts on working up multiple streams of income, in an attempt to achieve financial independence. I’m a happily married man and a father to two young boys. I don’t believe in working until i’m 65, maybe enjoy 5 years of retirement before starting to ache all over from basically growing old and tired.
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