GET UP TO $100 OF FREE CRYPTO: Trade Bitcoin, Doge, and other crypto with low fees on FTX. Use my referral code GRAHAM: https://ftx.us/partners/graham - Enjoy! Lets talk about how to build wealth during a recession - Add me on Instagram: GPStephan
GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & READ MY THOUGHTS ON THE MARKET - USE CODE GRAHAM: http://www.public.com/graham
Trade Bitcoin, Doge, and other crypto with low fees on FTX. Use my referral code GRAHAM and get up to $100 FOR FREE: https://ftx.us/partners/graham
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
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.
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*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/
GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & READ MY THOUGHTS ON THE MARKET - USE CODE GRAHAM: http://www.public.com/graham
Trade Bitcoin, Doge, and other crypto with low fees on FTX. Use my referral code GRAHAM and get up to $100 FOR FREE: https://ftx.us/partners/graham
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
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.
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*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/
For whoever did not sell there stocks or houses and kept no cash there is no opportunity
Sorry Graham, but a recession is two consecutive quarters of negative gdp
Thanks for the video..
I am an investor from Malaysia..
Love your video, especially with data and charts
I would love to see that future. with the new Amazon token AMC62X The world running on blockchain.
Binance CEO talk about AMC62X and hinted let it list on binance, cant imagine the price at 2023!.
AMC62X has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some AMC62X Thanks for keeping us informed during this times of doubt?
Anyone reading this should BUY Amazon token AMC62X, in my opinion, its game changing
How do you feel about AMC62X moving into the nft marketplace? Is it still a buy?.
Boys is it best to invest in AMC62X monthly or weekly? I'm thinking the fees will be higher if done weekly.
Exciting times for Amazon’s AMC62X and it's community.
Guys what is AMC62X I hear everyone is talking about it. how can I buy it?
Myself during this Bear Market only trying to focus on BTC, AMC62X, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦
Without watching the video, I know everything is good with AMC62X
AMC62X is less that $1 just like the 2012 bitcoin days… time to buyyyyyyyyyyy
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMC62X will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
This may be the last time you can get AMC62X before it takes off 4,000%
I knew that AMC62X was ahead of the game, but my mind is officially blown
Thanks for deleting the spam bots, While I'm here though, AMC62X is the next moon shot for sure
Today AMC62X is less than $1. Time for everybody to wake up and get with the winning team.
We will rise with AMC62X and Matic!!! Just HODL
Excellent content. I used the last dip to stock up, buying AMC62X now its cheap, can't miss the presale.
Wow I'm so surprised you mentioned AMC62X. I have been keeping eye on it for a while and it seems very promising.
You cant fight the AMC62X Fomo haha
AMC62X Saved me after the LUNA Crash
New week up as many FOMO in. But the AMC62X story isn’t over yet. The only strat that works under all circumstances is DCA all the time with solid, large companies (not hyped ones).
Everyone waited for Amazon to create AMC62X and the time is ready
You should buy ETH and AMC62X if you care about your future
May God bless amazon. the AMC62X is the game changer
It is a good time to invest in AMC62X Great potential
I’ve heard Amazon is killing it with * AMC62X* .
AMC62X will give us rich my friend.. Hold for long and let's see what happen.
Truly love your candidness, I DCAed today again for BTC AMC62X and ETH
MY wife will kill me if if i don't buy AMC62X Bagged
Imagine missing the Amazon AMC62X on-going presale, HODL STRONG the public sale about to explode
I’m buying AMC62X on sale, waiting for BTC to maybe drop again before I add more. Hope to take some Eth profits by Sept proof of stake