Even though some places in the world had at least a little time to brace before the COVID-19 pandemic hit them with full force, it would be hard to find a society that managed to do it and keep any kind of loss to the minimum. Lost lives are a tragedy, but so are the fates of the many people who lost their jobs during the pandemic.
It might look like this isn’t the best time for education about finances, but looks are deceiving. OptionsSwing, a financial education company, has said their business is booming. People are flocking to them to learn about investment, and they are doing their fair share by helping them learn.
How the Pandemic Influenced Fin-Ed
The pandemic didn’t cause the first major wave of new traders or investors. That happened when apps allowed everyone to start investing easily, and all of a sudden, the world was full of traders who had more enthusiasm than genuine knowledge. A round of education ensued.
The pandemic raised the stakes. Instead of looking for new opportunities for diversification, or simply just seeing what that funny app can do, people were turning to investment as a way to make up for the income they were losing due to unemployment.
It became even more clear that everyone who wants to operate on the market, who needs to do it as a way of staying afloat during the pandemic, will need to have a solid education. Simply letting people wander around in the hopes that luck will smile upon them would be incredibly wrong. So OptionsSwing didn’t; it stepped up.
All of this makes even more sense when the company’s motto, “Education first, profit second,” is taken into account. The company understands that making a profit is one of the main reasons why people go to the stock market. It’s one of the reasons stock markets exist.
However, it is the company’s firm belief that the people who wandered onto the stock market will not be able to make a profit before they learn a couple of lessons about trading. Even if they get lucky and manage to turn a profit with zero knowledge about finances, they won’t be able to replicate their results.
The only way to make the most out of the great opportunities that are presented on the stock market is to put in the time necessary for learning how it works, and figuring out what the best way to make it work for the investor is. That’s when the real profit starts coming in.
Providing Real Education
Finally, OptionsSwing doesn’t want the people who are online to fall into the trap of following the finance gurus who are peddling a lifestyle more than they are providing a valuable service to their audience. Unfortunately, the internet is full of these kinds of actors, and they seem to congregate on Instagram the most.
OptionsSwing uses the platform to communicate valuable insights with their audiences freely. The company is a master at creating infographics, and it uses that form of content all of the time to bring some financial concepts closer to a regular audience. That’s just the beginning, though, as the company also provides more thorough educational services, just the kind of thing people who are trying to create new revenue streams might be looking for.
To keep up with OptionsSwing, follow them on Instagram at @optionsswing.