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the foreclosure wave is coming and today we're going to talk about the real estate market update for 2021. [Music] hello everyone and welcome back to another episode at anova rice invest and for those who are tuning in for the first time well this is your channel for real estate education so hello everyone i know it's been a while since i've last published a video we have been a little bit busy with everything that has been going on i've been making additions to our real estate program and at the same time i've been busy trying to sort of like maneuver and work on my investments in the middle of all this pandemic and i'm working on a couple of other surprises here and there and some might say there's a book coming up right but of course in spite of all of that i know a lot of you have been sending out messages asking me where i am how come i haven't published any other videos and here i am today with the latest update on the market so that you can prepare and know where exactly to go and make intelligence decisions for you when it comes to investing in this upcoming month and without further ado let's just dive into what i have prepared for you all right so here we are with our very first article and let's just talk about the eviction moratorium right so last time we spoke about this it has been said that the eviction moratorium will be extended all the way to march 31st however according to this article and scotsman guy that will most likely depend on the type of mortgage that you have so let's say for example if we scroll all the way down right for those loans um that have been backed by fannie mae and freddie mac those are good until march 31st however we do get additional extensions depending on the different type of loans that you have so those are that are backed by the department of agriculture the usda or the department of veterans affairs uh for those who have va loans you have all the way until june 30th to um you know just enjoy the extension i guess that's one way to put it so that you can figure it out how to prepare for the next upcoming month um this is the latest that we've had so far from the news uh from the vitamin administration i haven't heard of any additional extension although i have learned that one way or the other some states are deciding to um grant additional extension on top of what we already have at the federal level so that we're just going to cover that in a little bit but before we go there i wanted to touch base on another article that i thought it was very very very interesting and that of course still has to do with uh the eviction moratorium so it's kind of funny when you put things into perspective not even funny i would say it's a little bit ironic because the whole reason why there is a eviction moratorium is because one um the government doesn't want the virus to like spread out more so than it already has and at the same time um protect the family so that they don't wind up being homeless and also not being exposed to the covet but interesting enough by granting let's say additional extensions to the moratorium eviction what the government is unfortunately creating it's a way of foreclosure because guess what happened most people tend to think on one side of the equation right they tend to think about the other side the tenant side of poor family they lost their jobs are unable to pay their rents and yes that is accurate there are families out there who are in very need of help but at the same time real estate investors they also have their debt obligations they also have a duty to pay their mortgage to the lenders so most real estate investors they use leverage they have debt in order to push their business going forward in this case the rental portfolio so most real estate investors they typically have i will say somewhere between three to six months reserve but this moratorium extension has been you know extended a couple of times and at this point we have gone beyond the actual year and i mean even if you are a saver one way or the other your funds are drying up right so that means that the homeowners or in this case the rental property owners they have two choices one to fall into foreclosure or two to just simply sell their property and what does that cost so well if they cannot meet their debt obligation they are going to wind up going into foreclosure and then the bank is going to come and take the property away which means that for the family who is currently residing there and currently renting that family is going to wind up being homeless that's one let's assume the property owner manages to sell the property to someone else who are the buyers today they're not typically you know the real estate investors because they they buy with numbers right they don't give in to their emotions and the numbers are just simply not making sense because this everything is just ridiculously expensive in the market so for the most part you can expect someone who is buying with their emotions someone who is looking for a home so guess what when they get a hold on that home and then buy that home guess who has to move out it's going to be the family because they didn't buy the property with the intention to rent it out they're buying the property so they as a family could resign in there so one way or the other in spite of all the efforts to help families so that they don't wind up being homeless it ultimately creates a situation where they could become homeless and this article actually proves it you see a federal eviction moratorium meant to keep renters and their homes is forcing some of them out and as you can see here the city c issued a national moratorium on evictions on tenants unable to pay rent for pandemic related reasons through march 31st some landlords though rely on rents to pay their property mortgage and without income they might be forced into foreclosure so that's exactly the scenario that we are anticipating happening some of that might even be happening right now before we even reach the end of march and if for whatever reason the biden administration decides to extend that a couple of more months well it's going to be habbox it's going to be a mess right um so it is coming ladies and gentlemen it's just a matter of when and uh where right because some states are struggling more than others so for example big cities uh like la and in new york you can start seeing some of the properties actually going down in price and i've even felt that myself because even the property taxes of my properties in new york are starting to notice that difference they're actually gone down by half uh in comparison to uh my property taxes in florida which um double one way or the other so um this scenario is actually very familiar because it reminds me of what happened back in 2008 and there's a movie right here uh called the big short of course i'm not going to play the clip here because i don't want to get fined for copyright but you can actually look this up yourself you can actually rent it directly from youtube i'm not sure if the movie is on netflix so the picture the title is right here and then um the thumbnail it's uh right here okay so there was a part on the movie where it's actually towards the end where the um the big guys the wall street guys they wind up showing at a renter's house and they're saying hey uh how come you haven't moved yet like how come you haven't packed your stuff here he's like what are you talking about like i'm the renter here i haven't lost my property i've been paying rent the whole time so it turns out that the landlord was the one that was unable to meet the rental obligation now granted that was a different scenario because at the time there were a lot of mortgages which had an adjustable rate and at the moment that they started you know going up and down with the interest rate some of them were unable to meet their financial responsibility because the monthly payments actually exceeded what they were actually correct electing and rent so it's always a little guy it's always a little people it's always that family who it's unaware who didn't know the renter was actually paying rent and now they're forced to look for another place to live because they did not know that the house wind up being in foreclosure of course that situation is slightly different but not so different right like you see in some of the travel movies same thing but different uh so you can actually see that happening in here the longer they extend the moratorium the more you're going to push the property owners into foreclosure or into having to do a for sale because they just don't simply um they don't want to damage their credit so it's either one way or the other but the outcomes are pretty much the same uh whoever is renting out on that property could end up negatively impacted right so now moving along the next article that i have here and i'm going to try to be as neutral as possible with this because it can go either way depending on how you want to interpret it this right so this article it's quite interesting because it talks about the emergency bans on evictions and other tenant protection related and coronavirus so we are here with the purpose to inform right we want to provide assistance uh in any way we can to those families who are really in need and to those landlords who are truly in need because um sadly with any crisis some people do the right thing but some others they do take advantage of the situation and this article actually proves it so capital insider landlords allege 10 and a half money but refuse to pay some tenants are truly gaining the system and that it's leading up to that wave of foreclosure that we are anticipating just because the property owners are unable to meet their financial responsibility however there are people i mean people like these who are refusing to pay rent even though they could they are ruining it for everybody not just for the landlords but also for the families who are truly truly in need of help those families who are maxing out on their credit cards who don't know what else to do so they don't wind up being homeless so this article right here is meant to provide um let's say additional information so that way you can justify or win the case whichever way you want to put it so that you don't wind up evicted and at the same time it also helps the landlord to identify those tenants who are just truly not wanting to cooperate right they just want to maximize the bad news and the situation to their advantage not so much bad news for them but definitely bad news for the property owner so um down here you're gonna see the details that the cdc issue an order and the order prohibits residential landlords nationwide from evicting certain tenants throughout march 31st 2021 so those tenants they need to prove that they're truly going through a hardship right and ideally nobody should need to have to prove anything because this is a tough situation for everybody but like i said some people truly take advantage of the situation you've seen in the article so those tenants have to be able to evidence as much as they can they could evidence that they have tried their very best to obtain any type of government assistance they have to prove that they have been unable to pay rent uh due to substantial loss of income some people truly they lost their jobs some people are unable to find jobs uh maybe because they cannot step out of the house because of a sick relative or a parent or a child or maybe because they just simply cannot afford a babysitter because it's more expensive to hire someone than not or maybe they just want a stranger at home because at the end of the day isn't that the whole point of like not having to go out there so that you don't wind up infecting uh your children with um covet but anyways so back to this list uh you also have to be able to prove that you're making your very best effort to pay rent even if you're making partial rents right and in addition to all of this list that you see here you also have to meet either one of these criterias um one is that you have to earn no more than 99 000 and i'm sure there are families out there who are not even close to the 99 000 um and if you're filing jointly then you cannot exceed 198 000. another item on the list is that you were not required to report your taxes and 2019 and that you in one way or the other qualify to receive some type of assistance from the care tax so that's on the tenant side but then you as a landlord you can also see okay well i need to see some evidence and and see justify we need to work together you see the point here is that landlords don't want to evict people landlords want their tenants to stay i know that for some it might be very difficult to comprehend but they their goal is not to evict anybody it is a difficult situation for everybody and what's important here is that there is open communication and that as i've always said in any of my videos to create a win-win situation for everybody now i know i've gotten a lot of messages and comments on my prior youtube videos asking from people asking me what is it that i'm doing how am i handling um so like i said communication is a key part uh whenever when this first hit the first thing that i did was to reach out to my tenant uh to try to figure out how can we work together have you been impacted were you not impacted and what do we take it from here do we create a payment plan do we not create a payment plan uh i know based on industry standards speaking to some other people some people have worked out payment plans some has you simply reduced the rent in order to not lose that good tenant because you you qualify them in the first place so you want to make sure that they they stay right and there are some people out there who have access to a larger portfolio and then what they're doing is that they're helping their tenants relocate uh in between their own property so one um let's say for example you have a tenant out there who was originally renting a three bedroom apartment or something like that and then this person got furlough or maybe lost their jobs but you have a studio available right now and that person was you know looking to downsize so you can actually help that person get access to that studio and still keep that tenant and at the same time um you know not for close on the studio but then figure it out with the three-bedroom apartment a lot of people are moving in together in order to save on rent maybe uh there are people looking for roommates maybe you have um an apartment where you had two roommates moving in and one had to move out because of what happened with covey and they moved back with their parents or maybe moved in with another relative and then now you have a room that is vacant so if you find out that one of your tenants is struggling and does not mind sharing the living space you can actually recommend them to you know meet and share an apartment and split the cost by half the point here is that you want to make sure you're creating value for everybody other landlords are actually looking for government assistance themselves just so that they can help their tenants right if you come to think about it that's a that's an excellent idea because hey if you're helping your tenant to qualify for government assistance you're finding out about the different programs out there and you're helping them get access to that what's going to happen when they get access to that government assistance they're going to take that money they're going to pay rent and when they pay rent you get to pay your mortgage so you're creating a win-win situation not only the tenant has a place to stay and also sufficient money to cover the rental obligation you are also meeting your own financial obligations as well and what those does is that it's strengthening that relationship with the tenant right so now the tenant is thinking oh my god like my landlord truly cares for me and um you know if it wasn't because of him or her i wasn't able to get access to these uh government families and you're you're developing this relationship that becomes strengthened over time and then you can guarantee yourself a long-term tenant someone wh 's gonna stay who's gonna care for your property and it's gonna respect that relationship because you vouch for them when they needed you the most right so something to keep in mind uh this article as well it's actually very interesting as you scroll down because we are having a list of all 50 states and where they are either doing a hold on evictions or maybe adding an extension same thing with the utility shutoffs so as you scroll down you get more localized updates depending on the area that you're investing or that you're reciting so for example we already know it's not news on that california decided to extend its eviction moratorium all the way out to june 30th uh this is something that i cover back in my february episode of market updates and then as you scroll down you see connecticut extending it all the way to april 19 delaware well it's actually even shorter march 10. you know as you scroll down you get to see the differences in ray some states uh are listed as no i'm not sure if they're just simply not holding on on any evictions whatsoever or if they're just simply not making any changes to that federal order that was issued earlier this year right the reason why i'm showing you this well aside from giving tenants and landlords enough information so they they can use it to resolve whatever situation they could be having with the tenants and with the affections it's also to provide some kind of like insights or tips as to what areas to look for to invest if you're actually in the lookout for the next round of properties are going to hit the market at a big discount because of the ways of foreclosures that we're anticipating so if you come down and you take a look at this pay close attention to those areas where there is an extension i mean for all i know some property owners are already struggling as it is today like we don't have to wait all the way until the end of march some of them could be at the verge of foreclosure at this point in time uh we just don't know it but what i'm anticipating is that if you're coming closer and closer to the end of march there's a very big likelihood that they're not going to be able to meet their debt obligation if their tenant is still choosing to not pay the rent or just unable to continue to pay the rent like i said one way or the other um the goal was to protect families protect covet from spreading but one way or the other it seems that um it's backfired and it's just impacting the little guy once again doesn't matter what you do if you sell the family's gonna wind up being homeless if you lose it to the bank the bank is gonna foreclose and take the property back and therefore the family has to move out anyways so um this article we already talked about and like i said the intentions are great um america's eviction moratorium has probably saved thousands of lives the goal was to prevent covet from becoming bigger than what it is and to protect the families and it's just an interesting side of the story is like it doesn't matter what you do there's always a side effect to something whether you could have foreseen that or not someone winds up impacted anyways at the end of the day and that's pretty much what i have on the eviction moratorium there's another article right here but it just simply corroborates what we've been talking about um so far in terms of the extension day and how we have all the way until march 31st unless uh once again the government decides to provide another extension which uh we already know that according to some states uh some of them are choosing to do so right so now moving along let's just talk about the round of stimulus because obviously it is very important because if we are getting stimulus to the people now maybe people will have the ability to pay some rent so that way it can help ease up some of the issues that might be coming up from landlords unable to collect rent and at the same time part of the stimulus also goes to businesses right so if you're managing your rental portfolio like it is your business then you should be able to apply uh for some of the loans available for small businesses although i know last year has been quite a mess so to speak some businesses would need to qualify wind up qualifying for them and some of the business who truly truly needed access to those fundings just because they didn't have their accounting in check or just because they couldn't verify some type of information they wind up um getting themselves into a lot of financial trouble as they were unable to tap into uh those available funds so uh the good news here in 2021 is that um the bill has been approved so the 1.9 trillion covert 19 relief bill it's approved and now at this point is trying to figure out what's going to happen next when are the funds going to be the spurs where is it going um what are they assigning the use for and for that we're just going to continue monitoring the market to see what the announcements are going to be right now moving along we have some very interesting news when it comes to the weather right so uh it has been a quite interesting year and we haven't even made it past the first quarter of the year but um as you know some of the southern states have been getting hit with massive snowstorms pretty cold weather and of course it's no surprise to all of you that uh texas have been hit uh with the most right and as you scroll down i mean we already know lots and lots of families nicole without drinking water as if that wasn't enough right trying to deal with the massive uh you know outage and electricity and energy some of them as they started getting access back to their electricity they were hit with like ridiculously expensive bills um look at this updated gritty build 300 square foot heat set at 60 no laundry no running dishwater no stove even cooking only use hair fryer lights off during the day candles at night most of the time and uh they wind up being hit with a five thousand dollar bill it's ridiculous and the families are not the only ones who have been hit businesses as well they've been slammed with thousands of dollars in power bills after the storm so if you come to think about it it's like oh man like this is really cutting it close not only they have to worry about uh cobit impacting their business maybe having accessibility to the sba loans maybe not trying to figure out how are they going to pay for their business next month's rent or perhaps even property taxes or their employees now they're going to have to worry about paying um a ridiculously electric bill that was 129 dollars the prior month now is 2738 uh it's just outrageous right so um quite interesting to see what's going on for those who are looking to stove relocate to texas i know there was a big boom going out recently with tesla and other silicon valley companies looking to relocate in texas so this is definitely something that you should take into consideration but not all is bad when it comes to the big state right so um here we have an article and where the irs is postponing the april 15 tax deadline for texas residents and businesses all the way out to june 15. so if you are residing in texas now you know you have a couple of extra months just to you know get yourself together try to apply for whatever government assistance program that you could qualify for and you know just trying to get yourself together and be able to continue with everything that you have originally planned for the year because you know life goes on and it's all a matter of like taking advantage of um all the assistant that we can get right so now moving along for those who have been talking about the loss of jobs and um as an area of concern so to speak um like i said i've been telling you over and over that more than the loss of jobs there was just simply a shift uh there was a migration from one field to another so people who were working extensively on the entertainment area on the tourism area they just simply migrated to other jobs so and this article actually proves it so 4 million hotel restaurant workers have quote unquote lost their jobs but here's how they are reinventing themselves and it gives an example of a person who used to work as a national sales manager and now she works as a construction uh estimate software company so it's it's all a matter of like the article says reinventing yourself right in fact uh recently we actually met someone who was working at the hotel industry somewhere around 10 years or so talking about longevity right and seniority but um you know it got furlough you know the hotel business is not doing very well and now this person is actually a sales rep in tesla and hey there's a lot of demands for electric cars and he's sure doing very well in tesla so again it's all a matter of like trying to see okay is this the field that i still want to stay in what are my transferable skills so let's say in the example of this guy who ended up being working for tesla well you need to be a people's person right you need that for the hotel business you need that for any any sales job uh understanding the need of the customer having the ability to educate the customer and having the ability to provide a solution to the customer that's what you will need in order to work um and the hotel industry and uh those are transferable skills that this person was able to take to tessa and for those who don't want to remain in their old jobs maybe they hated it hey this is a perfect time to reinvent your career reinvent yourself and move into a new field there's a lot of shift when it comes to employment all right now we're up to the par where people were talking about houses and how everything was so expensive and i was unable to get my hands on it every time a house came into the market i got a bit by two three families and they were already at a really high price i can't seem to get my hands on a house because i always get outbid right well the good news is you don't have to feel so bad right because there are other people who are you know sort of like having second thoughts with a decision uh because they gave in to uh the fear of wanting to buy a house fomo right they don't want to miss out look at the houses they're going up they're going up they're growing up um you know i want to get my hands on it right and this is an article about a buyer who rushed to buy a home during covet and is now regretting it right so stella juan spent months researching for a home to buy getting outbid again and again and the white hot real estate market of the los angeles suburbs finally her offer on a beautiful santa clarita house was accepted in august she said the graphic designer 30 paid roughly 600 000 for the house i know for some that may be a normal number depending on the state where you live you might find this amount to be outrageous right but after sleeping there for only a few nights okay only a few nights she had an unfortunate realization that uh uh i hate this house i hate this house so much right and this is what happens when everybody it's rushing into fear is rushing into the fever of something people don't think it through they they buy with their emotions because that's the bottom line they didn't want to miss out they thought that hey i should go into this and even this person is saying i should have seen all the warning signs but the pandemic housing fever got the better of me um so if for whatever reason you were unable to get your hands on the property that you wanted maybe was assigned that it wasn't meant to be for you um because look you're not the only one who's feeling bad about it even those who got access to a dream home or a property they were just simply um they're regretting it right now people were so panicked right um so quite an interesting article i'm just going to leave it over here so you can take a look at it and you know just get a new perspective when it comes to buying compulsively in the real estate market now moving along for those who are looking to relocate or for those who are actually looking for new areas to invest consider taking a look at this article remote workers want it small cities to offer cash to those who are looking to relocate isn't that amazing now you get to get paid by the government you're getting an incentive to move out there why because these small cities are looking for ways to stimulate the local economy and for you as a real estate investor if you're looking for new areas who others haven't truly tapped into or oversaturated with properties maybe this is your chance to go into some of those cities and just simply check them out and what we'll do is we're going to go over the list of cities but before we do that if you're enjoying this episode once again do not forget to hit the like button right down here so you can help this episode rank and help others looking for information of this kind get access to it and for whatever reason you have a friend a family member who you know is going to make a good use of whatever i'm sharing with you today feel free to share the love and share this episode with that person so that they can educate themselves in this subject as well now once again moving along places that pay you to move there in 2021 so we have a big list down here we have maine vermont alaska newton iowa tulsa oklahoma north platte and nebraska i believe this is pronounced chattanooga i'm not entirely sure but hopefully i'm pronouncing it right in tennessee and look at all this list and if doing this locally is not your thing hey you can go international countries like chile and switzerland and offering big incentive for people to move out there as well so there is one list there there's another list right here that you can also check out these six uh cities uh and the state will pay you to move to them and again it goes both ways it goes well for tenants uh who are looking to relocate homeowners who are looking to relocate but also real estate investors who are looking to tap into in areas who haven't been overly exploited so that way you can come in and add value and help revitalize the economy of the city so we have uh tulsa oklahoma we have the ozarks and funny enough i don't know if you've heard about the ozarks but it's actually a netflix series named ozark and the name of the series actually took after this city right here or a small town so hey if you're feeling a little bit adventurous and you want to tap into things and check it out this is perfect for you you also have a savannah georgia topeka kansas so you know this list is going to be all available in the description box below so you can actually take a look at it all right now moving along um we have this website here it's called trading economics it's it's somewhat boring but not really and um so what this website does is that it provides you with information from all over the world any statistics that you want to find out um you know in this case we're in the united states but you can actually learn all about the euro area the uk china aruba australia barbados uh you name it right so as you come down here you will see in this chart and i just found it really interesting because i wanted to compare the statistics of the number of houses that have been sold and literally as you see this we are i'm not going to say coming close to historical height but if you look at this 25-year chart we are getting to the point to hit the top just like we did right now in 2021 to 2005 six and seven of course like down in eight and nine that's when the big downturn happened but this is like the balloon the bloom like sounds familiar and um if you look at it if you zoom in and we're comparing the numbers of 2021 in comparison to the numbers pre-pandemic we see that the houses there is a high demand for it cells are hitting record highs and if you are a flipper or if you are a person who's actually considering selling your house at the maximum price you still got time to do that before the downturn begins so you can maximize uh your profits on the equation all right so moving along we have left the realm of anything that has to do with residential houses and we're moving on to commercial real estate and we have this very interesting article right here that talks about m anything that has to do with industrial real estate right and according to this article there's an anticipation that the industrial real estate vacancy rate is going to rise with steady increase and supply so remember how i was talking about it um in prior episodes and where if you're looking for ways to diversify your investments from rental into other areas of real estate i talked about the possibility of building or investing in warehouses because of the boom that is happening with anything that's online related right as the pandemic started more and more people started ordering um their items online um companies like amazon or walmart has needed to expand their warehouses and not just that there was also a boom of any other online businesses out there and guess what that booms create it creates a need for warehouses so that they can house their inventory i mean they're not going to order all those items and start packaging in their houses or their apartment some people do but if you're growing really really big uh there's a slight chance that you might not want to keep all that merchandise in your house and there will be high needs for um inventory right for inventory storage so for those who are actually interested this is an excellent article for you to check out and get more into the industrial real estate space right now since we started talking about e-commerce this is actually a good transition to move from real estate into the stock market because like i said in my prior episodes a lot of you have been requested we expand our subjects from real estate all the way up to multiple ways to diversify your investment and we want to start the stock investing section with a company called stripe so stripe is a payment platform so um if you have to think about it uh let's think of the apple store right so apple typically walks around with a little square car and they're just simply charging you know people for their purchases and stuff like that so stripe offers something very similar although without the the square and uh they're basically the go-to platform for most online businesses now with a small businesses right we're not talking about the amazons of the world the walmarts of the world but small businesses like us and overrides or any others we are sort of like merging our platform with stripe in order to be able to collect payments and any type of services that they are provided or any type of products that they are selling so stripe is currently a private company but they have been talks that they might go public so um another peer in the area for you to consider just to understand the magnitude of how big stripe is there are other players in the area we're talking about venmo for example paypal who happens to own venmo a lot of people are investing in paypal stocks because they are the next generation of payments and there's also sell people are um transferring money back and forth electronically nobody uh for the most part very few people are using actual paper currency most people are using electronic transactions or perhaps even credit cards or perhaps even apple pay things are moving more and more towards the uh electric or the digital realm and this will be no exception so definitely be on the lookout like i said the company is not out there yet but it's definitely a contender for you to keep in mind once it goes public now we talked about strike now let's just talk about gold right so back in my february video i talked about uh ways to diversify your investment into precious metals gold is one of them and also silver it's another one of them and as you can see in this article gold surges above eighteen hundred dollars to set it at the highest and over a week as raising rates rattle stocks right so here's the thing when people lose confidence in the economy when people are afraid of inflation coming there is the tendency to look for something that can supplement or an alternative to the actual currency the more and more currency is being printed the more inflation we create and therefore people are losing faith and the strength of the dollar so what is it that they do while they are going towards pressure metals or cryptocurrency that's why bitcoin it's going all the way up because it's considered you know the people's money and uh gold is not all different because it has withstand any type of excessive currency printing you know in history so in fact the demand for gold is so high that the houses that are trading or supplying gold are actually low in stock or some of them don't even have stock and whoever places an order in gold they have to wait weeks sometimes even months before they can get a hand of the precious metal as a way to protect their investment as a way to diversify um against you know any changes that can happen in the market so if you are able to get your hands on gold please go ahead and do that and if you're not not always lost because you still got silver right silver is still relatively accessible for people to tap into the price is currently at 27.6 for an ounce so it's still pretty accessible to you and why is it that i'm making so much emphasis and silver well it's more than just the fact that it's affordable that you can still get your hands on it remember back in that video that i presented to you in february um everything is going green nowadays uh not just the us and the biden administration europe is going green like the whole world is going green china is going green so what does that mean it means that the demand for electric vehicles is just simply going to be on the right it's going to skyrocket and what electric vehicles need they need plenty of silver they need a lot of silver in their cars so that means that the demand force over it's going to skyrocket as well which you know eventually that amount of supply is going to become limited and that's what's going to drive the prices all the way back up so while you can and if you're looking to diversify consider goal or consider silver but back to the conversation about the stock market right so we talked about strike we talked about precious metals and the impact on the electric vehicle let's just talk about the electric vehicles now so let me introduce you for those who haven't really seen it or haven't heard about it here is lucid motors and uh they are one way or the other considered to be the rival of a tesla only with the caveat that lose it it's a luxury vehicle is what they like to call themselves right so um lucid agreed to combine with churchill capital a special purpose acquisition company call us back and if you don't know what a spec is i have an article right here it is a special purpose acquisition company and it's a shell corporation listed on the stock exchange with the purpose of acquiring a private company thus making it public so lucid is not publicly traded yet why because their cars haven't even hit the market yet they will be available in the market as you can see this beautiful website here look at the models their pure electric sedan will start hitting the market in spring 2021 so as of today you can actually invest in the electrical arena whether through tesla or with lucid now i know a lot of you might say well you know tesla it's quite expensive it's pricey we're talking about 700.68 that could be a little bit steep for me but if you're looking to invest um on a peer or a competitor that you think could have the potential to you know be side by side or compete side by side with tesla consider investing in a church or capital the stock is a lot more affordable we're talking about 34.19 you can also consider buying partial shares fractional shares of tesla so platforms that you can leverage in order to do that are stockpile um there's also robinhood although robinhood hasn't been um too much on the good side of the news right and there's also uh charles swapp who will allow you to buy uh fractional shares as well so um if you wanna still tap into tesla that's one option but if you want to expand your horizon and look into other possibilities then uh consider churchill capital uh why is lucid such a big contender right you might wonder like there's plenty of other competitors out there why is it that they are so special that they can overtake tesla right or they have the potential to overtake tesla well there's a video out here that is actually um by cnbc and i'm actually going to leave the link down below in the description box so you can check it out it's actually a quite very interesting video inside lose it tomorrow's plan to take on tesla so if i were to bring this back a little bit just so you can see it so look at what they are offering here so these are all the models of the electric cars out there right and look at how the market is actually dominated by tesla right here right so uh this is what we have available in the market so we have uh all the tesla models all the way at the top we got the sexy cars right there right uh we had the s the model x the three and the y and then followed by all the other ones and tesla is dominating the market because they have the highest range possible in terms of mileage right that means that you don't have to make so many stuff because one of the biggest concerns that people have about getting an electric vehicle is um the fact that they have to worry about charging it that you cannot go very far without running out of battery which is something that having a gas vehicle you can facilitate because you can just stop anywhere to get access to gas and just pump up the car and just continue going right so now when you compare this to um the remaining brands that are available in the market chevrolet you have nissan audi bmw yada yada you can see that tesla is dominating the game but if you were to scroll if i was to scroll down a little bit forward now you can see that lucid is offering an additional 100 plus miles over the model s which is the car that tesla offers with the highest mileage range possible so the stats are looking very promising for lucid um you know they are about to come out so if you're looking to diversify your portfolio on the electric car vehicle side this is definitely one thing for you to consider moving along and now it's time to talk about crypto why is crypto so important and what does it have to do with semiconductors right semiconductors are big right in order for you to be able to mine cryptocurrency call it bitcoin or ethereum you will need mining machines and those mining machines utilize a lot of semiconductors and as if that's not enough think about the electric vehicle hitting the market think about your phone think about all the computers the multiple computers that um families are going to be buying because um they are working from home and they need more space and they need more equipment that only plays the semiconductors that are available in the market in the shortage and what happened was there is a lot of demand and not enough supplies well prices go up so if you are looking to invest in something that's related to cryptocurrency but maybe you don't have the stomach to go into the whole cryptocurrency world because it's way too volatile another option for you to consider is investing in semiconductor stocks why because semiconductors are not relying solely or exclusively on cryptocurrency they do like i mentioned earlier provide all sorts of different services they all serve different industries and if cryptocurrency doesn't do so well in the future you still have the demand for electric vehicles people are still going to be using their phones and people you know whether you like it or not are still going to be um looking to you know upgrade to the next computer uh and so on so if you're looking for ways or for um let's say what i'm what's the term that i'm looking for for ways to diversify your portfolio with uh semiconductor stocks some of the ones that are really good worth considering will be nvidia at 565 and 65 cents if that price is quite steep remember you can also get fractional shares but if you want to move on and pass on that there's also their competitors micron technology and there's also amd at 8474 and micron technology at 88 and 23 cents and now moving along for those who are looking to further diversify their stock portfolio even more and still be able to combine that with a little bit of real estate then consider looking into home depot or macy's stocks and i know macy's wow it seems a little bit surprising for me even but hey they thanks to the pandemic they have a good trend why because people are getting access to stimulus people are spending more time in their homes and what happens when you spend more time in your house you want to upgrade it you want to make it look pretty so a lot of people are buying new appliances just to bring up the value of their homes they're building up a new deck they are buying paintings they're buying flowers and they're just you know doing whatever they can to make it pretty and that includes also decorating right you want to go to macy's to get the latest furniture to get the latest um most beautiful springy like a curtain so that way you can give a different feel and feel that um you actually want to work from home because that sometimes could be very difficult for people who are accustomed to the office space and now they have to you know be cramped in a space and where they just really can't go anywhere so if you're considering diversifying your portfolio even further hey take a look at home depot and macy's and of course i'm going to leave the article down here so you can actually take a good look at it and you know find ways to diversify your investment so that is pretty much all i have for you today hopefully you enjoyed this episode i know it was quite a lengthy one but i found that necessary to help you connect everything from end to end all the way from the beginning of the evictions give you options to diversify whether it's to the stock market or through precious metals or maybe even within real estate so let me know what you think about the episode in the comments down below and i will be seeing you soon take care stay safe out there and i will see you guys next time take care bye