How To Use The 2023 Recession To Get Rich

This is potentially going to be a once. in a generation opportunity to build wealth. 9 out of 10 CEOs are bracing for. a recession 97 to CFOs are cutting costs by 10. JP Morgan warns the stock market Could Fall by another easy 20 from current levels now. In the next 15.39 seconds I'll show you this really cute picture of a kitten. so thank you guys so much and now with that said let's begin alright so. before we talk about the best upcoming opportunities you first need to understand what you're. going to being up against and to start we need to talk about a recession. Since 1946 the average bear Market drop was close to 30 percent with the most. severe having been in 2009 when the S P 500 fell 57 from the peak. now once you combine the average with the recession bear markets tend to do even. worse with an average drop of 34.8 percent which just for reference right now we're. down about 25 all of that is to say that generally the absolute bottom occurs. when we see capitulation across investors usually that's a time of the start of the. recovery and things begin to bounce back now I'll cover exactly how much you can. make from this in the next few minutes but first we we have to talk. about number two real estate even though every area is different and some locations might. continue to flourish housing declines on a national level are actually incredibly rare in fact. as you can see throughout the last 60 years there have only ever been a. few times where prices meaningfully fell more than 10 percent but now the general Wall. Street consensus is that National housing prices are going to decline seven percent with a. worst case decline of 10 to 15 percent should interest rates continue to increase. Ray dalio admits that when someone like someone like billionaire Ray Dalio is no longer billionaire that no longer is trash. There's been this mindset that cash is wasting away until now but when every other asset is falling in price sometimes it could be the safest place to store your wealth and you know that significant cash could be a significant source of wealth. If you're looking to buy a house or invest in real estate for anyone looking to invest in their property for ten years or more we may begin to see some deals starting to come on the market which we'll cover shortly because there's clearly up until now there's no way to clearly see the value of your investment until now. We'll also talk about third cash. because we have also talked about the third cash that people are wasting away now and how to get the most out of it. We're going to cover the best benefits that you would be able to take advantage. of today and precisely what you can do to make sure you're in the best. position to make as much money as possible on today's episode of if you subscribe. in the last 15.38 seconds I will show you a really cute photo of a kittens. I'll also show you how to make that. big picture it's probably not going out now in the big picture for anybody who intends to stay in their fixed rate mortgage for another five years but another five to ten years but it could make a big difference for anybody with a fixed rate home for ten or ten years. I will also talk to you about how you can use this information to make a difference in your life through some incredible. opportunities and discounts with even Warren Buffett being quoted as saying bad news is an. Investor's best friend so let's talk about exactly what's expected to happen throughout these next. 12 to 24 months. The U.S economy will soon start losing 175. 000 jobs per month so in terms of what this means for you and your. Investments as well as how you could use thisinformation to make you money on this episode of If you subscribe to this show. It could be one of the easiest times to increase your net worth dramatically if you know what you’re doing after. all there's a popular saying that riches are made in recessions and it doesn’t take. much to realize that we're already beginning to move towards that point just take a. look at the headlines today more than 9out of 10 CEO’s are braced for a recession and more than 100 to COOs are cut costs by ten. The most. vulnerable markets could see upwards of a 25 percent decline from thepeak of the market in the United States and parts of Idaho and Southern California with the decline lasting another 12 to 18 months. before the decline lasts another 10 to 18 years. The best time to start buying real estate and investing in realestate for anybody looking to get a house for ten to 10 years. We’ll talk about how to use the best opportunities to build your wealth.