Mastering Money 2/23/21

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Manage episode 285710462 series 1129321
By IQ Wealth Management and Steve Jurich. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
One of the biggest beneficiaries of the COVID-19 pandemic has been the cloud computing industry. All sorts of companies in every category—not to mention individual users-- have been increasingly adopting cloud services for storing sensitive data. It’s a trend that can only get bigger. Cloud storage has been a growing industry for some time, but the coronavirus really accelerated the trend in 2020 and 2021. As people work from home and do more of their shopping online, the demand for cloud services continues to grow. Individual stocks and ETFs that focus on companies providing cloud services did especially well in 2020. Their returns have varied, but double-digit and even tri ple-digit returns were seen last year. With cloud demand expected to remain strong, solid growth is already happening in 2021. Cloud computing saves big corporations and small businesses both money and time. Even in a recession, Cloud Computing is service that grows in demand. Today, we'll examine the Cloud Computing industry and the investments that might pay off in 2021 and beyond.... MASTERING MONEY is on the air!!!!

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