How To Survive An Economic Recession (And Make Huge Profits)

Another reason it's less likely to happen that way is because, despite how terrified everyone is and how they're predicting the crash, there is already an overwhelming amount of demand waiting to absorb it. As I will explain below, this prediction was not made in 2008, at least not by the general public. The other comment states that the ownership rate peaked in 2004. In the second quarter of 2020, we peaked, and now we are at the median level. It decreased by 3% between 2008 and 2012, and by the second quarter of 2020, it had declined from 68 to 65.

I'm going through one of the most difficult times of my life... Invested in fledgling firms and lost a fortune. I'm genuinely baffled at this stage as to how other folks in the same market are raking in over $200k gains in months.

It’s advisable to not wait for a crash. Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

Taking early notes from Warren as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.

The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.

Risk vs reward. Yes a cliché but that’s just the way it is. If you never put yourself out there and not think you’re worth anything and that’s what you’ll be, not worth anything. if you take a few risks well then that’s what it takes. Grow a pair.

Cash, Cash and more cash because Cash is King 👑

Fk what Warren Buffet’s say, he only said that shit bc he’s hella rich and he got lucky. Be greedy or not be greedy is still a trap but being greedy usually leads to worse outcome (but could be the other way also since it leads to hella more different stuff after, we don’t know).

Ty

So would it be a good strategy to invest during a recession?

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

Wow, thank you so much for making this video. I really appreciate the effort put into making this. I hope this will work.

Those little cartoons are so irritating…but thanks.

How to survive in myanmar economic crisis and high inflation and where there is nth stock market.?

money is made in hard times

This is the best time for anyone to become rich, you just need the right mindset, the right information and a proper investment management for your investments. Good luck to everyone!

Awesome! Your potential seems limitless. I have always been fascinated with investing and need to start now. Starting with 50k $, what sectors do you recommend ?

Americans were handed $1200 in exchange for a 40-year high inflation and a recession.

If you're watching this from the USA and you voted for Dementia Biden..... Congratulations you helped create the recession of 2022. Too ignorant to remember what life was like the last time that corrupt, kid sniffer was living in the White House in '08 and how bad things were then!
Buckle up folks, you ain't seen nothin' yet!

good advice, buy low sell high

silver

To everyone watching this. I need advice and I am sure there are people on here daily who need it too. I and my father are farmers in Texas. We worked hard and are very fortunate to be able to buy this truck. At the moment we are currently working with brokers to book us a load to work with. My question is, as a beginner which program do you allocate more on when it comes to building wealth;stock market, real estate etc. your guys response will help so much thank you! Great video, I shared your content to my friends and family.

Good project nice video

It's far too easy for investors to lose perspective. whenever something big goes wrong, a lot of people panic and sell their investments. Looking at history, the markets recovered from corona virus, 2008 crisis, the dotcom crash, even the great depression. So they'll probably get through whatever comes next as well.

My building a pot of money

How to not survive:
#1 Sell after it fell down 70% at a loss and get back in after it went up again

Amazing HINDSIGHT video lol.

I'm technically poor I guess. But I invested $20k last year and $5k this year and now I have 15 streams of income. Heck the 5k investment should be worth 80k in 24 years on average. The rest is more speculative.

If all goes well with me I'll buy a home in 3-4 years and save $10k per year in rent. Kinda sucks that I'll waste 10k per year until then though, but that's life.

👍💐

I doubt that people watching these videos buy "brand new cars" or have "multiple houses". That are the parents and grandparents of the people watching this ;)

This video provides wise information.

What about the taxes you have to pay on the profits ?

So basically people that are already making a lot of money will end up weathering a recession.

I will forever appreciate this channel, you've helped me and my family a lot, your videos, advice, lessons and funny words are Inspirational and helpful to us. My husband and I have been able to minimal, conscious in spending, saving and investing

What a stupid video. Finance 101. Teach how to actually make money instead of just spitting dumb crap. This wont help anyone that has raising inflation and doesn’t have mondy or time for a side hustle. Money makes money. That’s obviously. I know ur trying to help but damn. U offer no answers.

The poor worries about bills and money and the rich worries about dying and losing there money which is worse worrying about bills all the time or worrying about dying all the time ...

A recession can't get here fast enough let's go everyone stop buying anything let's end this inflation

Weather the storm. Cut up your credit card. Do you need all those subscriptions? A bicycle works better than a gym for cardio.
Sell that Audi (it was probably on finance though) live minimally. The tide is rising.

I only want enough to make living expenses are not an issue, the way I see things people don't need to have any more money then they can spend in their life time. Anything above that is just greed.

My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. Someone I listened to on a podcast made a profit of $150K in less than a month. I'd appreciate any tips.

Never have 3-5 girl friend. It is expensive

Funny during inflation

You don’t need to do anything to survive an economic crisis .. nothing at all !!

At any time I feel I can go and live in a tent in a field and live on a pot noodle each day …

Remember this — if you are struggling and worrying about bills / houses / credit cards etcetc in your 30s/40s or even 50s IN NO LESS THAN 40 years you are either dead or very old !!!

LIVE NOW 👍

what a waist of time!
summary: recession is bad, live below your means, buy low sell high.

Thank you Chris

Shit bots

im building my pot of money for the potential of a recession. small amount in bonds and the rest in an isa for any dips in the market wait it out a few years keep my new holdings and selling or reinvesting my old. this way my lowest buy in prices with have a higher return after a recession :) my only issue being im solely betting on a recession and in doing so i loose out on any opportunities an acceptable risk i think.