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Is It Wrong to Profit From COVID?

This COVID Play Is an Easy Double

Written by Jeff Siegel
Posted August 20, 2020

I’m not sure how a global pandemic became a political issue.

I’m not sure how we got to this place where non-mask wearers are being assaulted by the mask police.

And I’m not sure how we got to this place where business owners who require customers to wear masks are being assaulted by folks who have equated mask wearing with some kind of violent attack on their constitutional rights.  

No shoes, no shirt, no service has never been a problem, but masks are the breaking point?

It’s all very frustrating.

Especially because this pandemic has not gone gently into that good night.

It is true that it’s hard to get reliable data — again, because this has turned into a divisive political sideshow instead of something that should’ve unified us. 

But the fact is, no matter what you think about COVID-19, this thing is going to be with us well into 2021.

Businesses will continue to struggle, schools will continue to close, and supply chain disruptions will continue.

It’s a perfect recipe for economic turmoil, social unrest, and increased rates of depression, anxiety, and addiction.

But it’s also a perfect recipe for creating wealth.

Crisis = Opportunity

I have no idea how this whole COVID thing is going to play out.

What I do know, however, is regardless of whether it crushes us this fall or just peters out over time, investors should be taking full advantage of this rare opportunity to make a ton of cash.

Don’t get me wrong.

I’m not trying to downplay the severity of this pandemic, but you know the drill…

Crisis equals opportunity.

I don’t say this to be crass.

It’s merely an observation of truth. 

While it brings me no joy to watch so many people lose their jobs and so many businesses go under, I’d be lying if I said I wasn’t going to take advantage of this crisis by profiting from it.

If that makes me a bad person, so be it.

But I have no control over how this pandemic plays out.

The only thing I can control is how I deal with it. And one of the ways I deal with it is by doing everything I can to secure more cash, which we’ll clearly need more of if this thing drags into next year.

To give you an example of what I’m talking about, from this pandemic came a huge opportunity for a quick triple-digit gain from one stock.

The stock is Zoom (NASDAQ: ZM), and as the demand for virtual meetings soared after offices all over the world shut down, Zoom made a fortune. And so did investors.

My colleague Chris DeHaemer actually recommended I pick up some Zoom shares around late February when he predicted that millions of people would soon have to work from home and would need to conduct meetings virtually. Zoom was the low-hanging fruit.

Here’s how that worked out...

zoommf

That’s a 151% gain in less than six months!

Chris actually has a whole list of stocks that he’s been making a killing on because of this pandemic, and it will continue to crush it well into 2021. 

You can get access to that list here.

You can also read this investment note Chris sent me when he first started cherry-picking all these plays on COVID.

While I’m not happy about watching the world fall apart because of this pandemic, I will also make no apology for finding a way to profit from it.

Never feel bad about building your wealth — even in the darkest of times.

In fact, that’s when you need to be the most focused.

And that’s why I’m following Chris’ lead on this one. 

Click here to see where he’s investing next.

To a new way of life and a new generation of wealth...

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks, a private investment community that capitalizes on opportunities in alternative energy, organic food markets, legal cannabis, and socially responsible investing. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page.

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