This is my recession and investing plan for 2020, and some of the strategies you could use, as well, to come out ahead - Enjoy! Add me on Instagram: GPStephan
Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1400): https://act.webull.com/k/Vowbik9Tm5he/main
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://bit.ly/2STxofv $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
This is a funny little picture I found on Reddit that sums up the mass investor psychology so perfectly, that’s way too common:
https://i.insider.com/5357bfcc6bb3f75b3ce151d0?width=1300&format=gif
If you want my recommendation on what to do through all of this…and, also…what I’m personally going to be doing…it’s just this:
FIRST: ONLY INVEST LONG TERM
I only recommend investing money that you won’t need for at LEAST the next 5 years, and preferably, at least the next 10 years. A 20 year holding period of the SP500 has never ONCE produced a negative result.
https://fourpillarfreedom.com/heres-how-the-sp-500-has-performed-since-1928/
SECOND: INVEST CONSISTENTLY
Do not do ANYTHING differently when the market drops in price, and just carry on as usual. Don’t go dumping everything you possibly have into the markets…unless that was your strategy from the very beginning…and, instead, just continue buying in at normal intervals.
THIRD: HAVE AN EMERGENCY FUND
Ideally, this is the money you have saved up that’s equivalent to 3-6 months of your expenses…and this going to be what you can fall back on, in the event you lose your job, your income slows down, or if…one day…we figure out that pigs can fly. Trust me, having money saved up - in cash - takes all the pressure off being worried about how your investments are doing, and knowing you have something to fall back on is worth the peace of mind.
FOURTH: DIVERSIFY YOUR INVESTMENTS
If you personally can’t handle a 15% drop in prices without panicking…then, maybe, you’re invested too aggressively. If you’re completely in US equities stocks, look into adding international stocks and bonds into the mix. Or, look into eventually investing in real estate, where property values tend to be a little more stable. Keep enough cash on the side to make you comfortable, because the most important piece of advice is just to hold long term.
FIFTH: REDUCE YOUR SPENDING
Seriously, I know this isn’t investment related…but…this is so important. If you’re able to cut back on spending right now, you can apply more money towards paying down high interest debt, reducing your overhead, and putting more money in stocks while they’re down.
This is my exact plan for investing moving forward…and I don’t intend to change a single thing that what I’ve already been doing. The stock market does not change that.
So, there are my thoughts on the whole situation, and what my plan is, as well…I’m not doing anything differently, I’m not concerned, I’m not worried, and nothing changes. I know this might have been a bit repetitive, but I think it’s important to constantly be reminded that everything is ok…and to smash the like button.
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.
Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1400): https://act.webull.com/k/Vowbik9Tm5he/main
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://bit.ly/2STxofv $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
This is a funny little picture I found on Reddit that sums up the mass investor psychology so perfectly, that’s way too common:
https://i.insider.com/5357bfcc6bb3f75b3ce151d0?width=1300&format=gif
If you want my recommendation on what to do through all of this…and, also…what I’m personally going to be doing…it’s just this:
FIRST: ONLY INVEST LONG TERM
I only recommend investing money that you won’t need for at LEAST the next 5 years, and preferably, at least the next 10 years. A 20 year holding period of the SP500 has never ONCE produced a negative result.
https://fourpillarfreedom.com/heres-how-the-sp-500-has-performed-since-1928/
SECOND: INVEST CONSISTENTLY
Do not do ANYTHING differently when the market drops in price, and just carry on as usual. Don’t go dumping everything you possibly have into the markets…unless that was your strategy from the very beginning…and, instead, just continue buying in at normal intervals.
THIRD: HAVE AN EMERGENCY FUND
Ideally, this is the money you have saved up that’s equivalent to 3-6 months of your expenses…and this going to be what you can fall back on, in the event you lose your job, your income slows down, or if…one day…we figure out that pigs can fly. Trust me, having money saved up - in cash - takes all the pressure off being worried about how your investments are doing, and knowing you have something to fall back on is worth the peace of mind.
FOURTH: DIVERSIFY YOUR INVESTMENTS
If you personally can’t handle a 15% drop in prices without panicking…then, maybe, you’re invested too aggressively. If you’re completely in US equities stocks, look into adding international stocks and bonds into the mix. Or, look into eventually investing in real estate, where property values tend to be a little more stable. Keep enough cash on the side to make you comfortable, because the most important piece of advice is just to hold long term.
FIFTH: REDUCE YOUR SPENDING
Seriously, I know this isn’t investment related…but…this is so important. If you’re able to cut back on spending right now, you can apply more money towards paying down high interest debt, reducing your overhead, and putting more money in stocks while they’re down.
This is my exact plan for investing moving forward…and I don’t intend to change a single thing that what I’ve already been doing. The stock market does not change that.
So, there are my thoughts on the whole situation, and what my plan is, as well…I’m not doing anything differently, I’m not concerned, I’m not worried, and nothing changes. I know this might have been a bit repetitive, but I think it’s important to constantly be reminded that everything is ok…and to smash the like button.
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.
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
This is warren buffet style
It's the end of 2022 and still no recession.
New subscriber. Love your content. Down to earth and motivating. Thank you.
Spoke too soon! 21 days later lol
Actually lump sum investing seems better than dollar cost averaging according to many studies
The cryptocurrency market, like the stock market, precious metals, and basically any other asset across the world currently, are struggling to maintain valuations during a panic-induced selloff stemming from a global pandemic and sudden recession which have make many investor/traders to be confuse on what to do. But so far, the crytocurrency Bitcoin is currently rising and showing positive signs of bullishness. This makes it a good buy zone to trade and not to Hold because i have come to discover that even in the bear market you can still make profit. i still believe it's best we make use of every market we find ourselves either bearish or bullish as what matters is finding a working strategy/daily signals to grow the little you hold at the moment, for me it's been so profitable because i was so lucky enough to know of Mr Steven Dunn who is a pro trader and also signal provider. Trading with his signals has been so magical and profitable which i was able to grow my portfolio from 0.9btc to a total of 6.8btc within 4 weeks of active trading which you would agree is a very good profit. It is important i advice those who are willing to grow a very strong portfolio ahead of the upcoming bull market to take advantage of Dunn’s daily signals, He can be reached via Whatsapp: +1(516)200-1939 or telegram @stevendunn471 for inquiries into profitable trading systems
Expeditetools,com helped me out with a hacked transfer of $30,000 to my account .They are awesome.
Coronavirus was not a black swan. It was a very fat white swan.
Buy gold and Bitcoin.
So saying c19 will demonetize your video? Unreal
How often do you invest when you say invest consistently? Every week / month?
30% climb =/= 30% drop. Do the math. I know it's not the point but this just has to be said.
Do a quick google search for ECOM BAZZOID someone posted your courses Graham
Do a quick google search for ECOM BAZZOID someone posted your courses Graham
You don't have any shirts with color?
The minimum wage market has a lingering 1-2 year flu. Physically lol
That stock market impression was comedy😂😂😂
black swoon matter
Investing in 2020 have taken a new dimension. After the 2008 recession investing took a different dimension than it was before 2008, and in 2020 due to the coronavirus, investing has equally taken another new dimension.
Before 2020, anyone can wake up, invest in anything of their choice and make profit, but 2020 changed that.
Now if you don’t invest smartly, you are either going to end up with no profit or lose your investment totally to wrong investing.
I’ve been an investor, and I am still investing in well proven and well to do asset.
Some asset has shown that despite any meltdown that may occur, there won’t be any form of market negativity towards it, such investment are digital assets such as bitcoin.
If you have not been considering digital asset investing or don’t know how to invest, I will urge you to take the time out now and consider it.
I invested in Bitcoin by March 15, 2020, when all market asset was down, lucky for me I invested because a professional investor and trader named Nyberg Hansson told me to do so, and fast forward to June 2020, I have gotten over 200% increase in my asset, and not only that, he equally taught me how to trade cryptocurrency, he provides me with signals to trade with, now I earn profit from both ways.
If you have not been considering digital assets investment, now is the time to do so, and do well by contacting Nyberg Hansson through nyberghansson@gmailcom, Telegram @nyberghan, and WhatsApp +447723292381, so that he will guide you on how to get started.
I can’t stand with your voice sir. Slow down.
This is why i like hearing this. Really make sense!!!
what are your thoughts on precious metals like GOLD & SILVER?????
are we in a recession tho? market is still going up
Nice video but recently you can grow wealth investing into stock trade, it's faster and more convenient but I'd advice you let a professional take you through it to huge profits
why are you shouting?
I count my self to be successful in stock trading with the help of Francis Martins my broker…
Thank you.
Can you suggest Best skills to learn after covid 19…?
That was the longest into ever
You never lose money until you take money out of the stock market
I do think that all this eye contact I have ghad with you these past days has made me fall in love with you…. no seriosly, on investment, I watch your videos daily. The energi you spaz out with such intensity is exactly what my diagnosed brain needed. You make a lot of my issues with '"No, its duffucult" into: You can do it too. Fun thing is…I has zero, beyond zero. But I trusted your judgement in the marked. Slow-read your portfolio with vanguard, and s&p… sk I did something society might think is bad… I contacted 40 friends, asking them for 100 dollars each ..as a loan (for a month!) And… now.. justwuth that loan.. I have earned over 600 dollars of "free money" for a week. If I sell now and pay my friends back with no interest, I gave earned 600 dollars… Buuuut… its 3 weeks left.. I'm going to let it rise within due date. So… thank you thank you thank you… <3 You have saved my life. (I'm gonna try to find money elsewhere to pay off the loans so I can just can keep my dividends!)
If someone says “smash the like button” or “puts their hand over the lense to change scenes” one more time. I gonna snap! Is nobody creative?
U can take a huge benefit from this pandemic. If u worked hard and have a good amount of money saved its the perfect time to invest, because of corona most of the countries will enter in a crisis and people will sell houses in panic that they will sell way beyond the market price