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THE NEXT RECESSION:
EVERYTHING BECOMES LESS EXPENSIVE
The way I see it – even though one person might think: “This is a bad time to invest…my stocks are down 30%” – a WEALTHY person would see this as an OPPORTUNITY to buy those exact same companies…for a 30% discount.
LESS COMPETITION
The fact is, when times are difficult – companies scale back, they fold, they conserve cash, and they play it safe – but, this opens the door for more aggressive, smaller companies to stand out and take their place.
MORE OPPORTUNITY.
In a way, a recession is the markets way of “Weeding out the weak,” giving opportunities to newer, smaller people and businesses to develop.
AFTER EVERY BEAR MARKET…COMES A BULL MARKET.
As Yahoo Finance points out, “historically, the S&P 500 has fallen an average of 29% around a recession with a median drop of 24%” – but, once stocks have found their low…the average return the following year is 40%…and, within two years…the market has increased by 58%.
In terms of what to do:
One, Scale Back On Your Expenses.
This means that you track your income, cut back on the unnecessary spending, and operate “lean” while you continue re-investing on a regular basis. It should also include a plan to outline what you would do if your income drops 20-50%, how you would make up that difference, and if you can take preventative measures – AHEAD OF TIME, to protect yourself from this happening.
Two, Hold Some Cash.
I’m a firm believer that, even though your money is statistically BEST OFF invested as soon as possible…there is the peace of mind of having a cash position, at all times, to take advantage of any opportunities that may come up.
Three, Protect your career.
This, at the end of the day, is going to be your BEST HEDGE against whatever happens…after all, your worst case scenario, financially, isn’t a market going down…it’s a market that goes down, during a time where you lose your job, and can’t afford to hold your investments long enough for them to recover. NOW is the time to IMPROVE yourself, learn new skills, double down on everything, and use that your advantage.
Four, ONLY INVEST LONG TERM
Generally, it’s best not to invest any money that you might need in the next 5 years…and, preferably, even longer. The best course is action – when it comes to investing – is not to do anything different, and carry on as usual. Its shown dollar cost averaging, or the practice of buying into the market at regular intervals over the long term – is the most profitable investing strategy. So, stay in the markets…and continue buying in.
And Five, DIVERSIFY YOUR INVESTMENTS.
If you personally can’t handle a 20% drop in prices without panicking…then, maybe, you’re invested too aggressively. For instance, if you’re completely in US tech stocks, look into adding large cap and international stocks into the mix. Or, potentially look into investing in real estate, where rents tend to be a little more stable. The more legs your portfolio has to stand on, the less likely it’ll collapse if one or two of them decline.
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*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
35 Comments
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Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. . A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because MYSTICFLIP got me cover as I am comfortably making 5.1B T C monthly.
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As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks so much 😇MYSTICFLIP for improving my portfolio
Thanks<, for all you do! I like your truthful coverage. I think we should be educating the newbies on what to do aside holding rather than discussing about the dip. The good thing about the space is that you can buy the dips and put them into active trades. making profits from trades while confidently waiting for a pump in price because it is inevitable. I've always played safe implementing trades with insights and signals from a renowned trader, MYSTICFLIP I made 8.5 BTC from the recent crash in the market within a period of five weeks
I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it's going bearish or bullish. While myself and others are trading without fear of making a loss others are being patient for the price to skyrocket, I would say trading has been going smoothly for me, I started with 2.5 BTC and i have accumulated over 15 BTC in just Five weeks, with the trading strategy given to me by expert trader MYSTICFLIP
<Good to hear your logical analysis. It's been pumping and dumping in this range for ages! It's technically just going sideways, sideways means generally stagnant. Trading went smooth for me. More emphasis should be put into day trading. Thanks to MYSTICFLIP for his amazing skills for helping me earn 9 Btc from 2.9 Btc through day trading. Great TA as always..
Hey great story, please keep us informed of your journey. Just a thought, I noticed the book that got you started was written by Jared Martinez. Jared is known as The FX Chief, he owns a company, Master Traders Institute ( MYSTICFLIP )in Florida. I am sure he would appreciate your story.
Since the start of 2022, we have been in a recession, but major media outlets and governments around the world refused to acknowledge it. We must exercise wisdom and intelligence. Since knowledge is power, I want the entire family to be strong! I recently bought some MYSTICFLIP . We appreciate you keeping us informed during these uncertain times.
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because MYSTICFLIP got me cover as I am comfortably making 3.1B T C weekly
And they want to get rid of cash😅
Going to be starting a luxury business in a very wealthy city. Is the recession a time where I may as well wait or can I muscle through it?
Hey graham, I have a fairly diversified portfolio but I’m obsessed with finding more revenue streams… real estate is a gap for me but I don’t want to hold up my cash on hand… what are your thoughts on purchasing a few mobile homes vs multiplex units given they are very affordable. Would love a video on your thoughts.
The MYSTICFLIP spambots are here.
Mr Chipmunk boy cant make you rich, cant help you get rich, cant tell you how to get rich. He can only waste your time so he can become more rich, but in reality he is very very poor, a poor excuse for a human, that is why he is a Chipmunk.
Hey whats up Graham. Its guys here
😂😂😂
I’m a simple man, I watch on 0.75x speed
I’m a noob, but does life insurance and the ability to take out a loan from yourself have anything to do with maintaining wealth in a recession ?
These videos are basically holy sermons we need to hear every Sunday
Is bitcoin still safe ??
Grahms like, I trained yall for this now go out there and get rich
what a stupid video that told me nothing
Overall returns might be a bit lower, but nothing beats the peace of mind of proper diversification and emergency fund.
Nice
I gave up waiting for the magical answer to the title