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Here are three recession strategies that only rich people know about: Number three, Start a business. Did you know that Airbnb Uber Instagram Venmo, WhatsApp and more were all launched during the previous recession. And if you're able to develop a successful plan on what to do throughout this time, when the economy begins to thrive once again, you'll be doing even better than ever before. Number two is Invest Warren Buffett Famously said, be greedy only when others are fearful. Bitcoin alone is down 70 from one year ago. Meaning now could be the best time to start investing. Lower risk assets like treasury bonds have also been shown to be a safer investment if you're not interested in either one of those two. I think this one might be the best. Layoffs are a reality of recessions, but if you can make your value apparent, you'll be less likely to be on the chopping block when that time comes.

By Stock Chat

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One thought on “3 ways to build wealth in this recession”
  1. Avataaar/Circle Created with python_avatars Yong Xiang Foo says:

    Buy CRO and Meta Now ๐Ÿ˜….and use 20% find A new potential company . (Wait for Vinfast IPO).

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