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My Investing Plan for 2023 (How to Prepare) | How To Start Investing 2023 | Investing for Beginners
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In this video, I'll be sharing my personal investing strategy that I plan to execute for the upcoming recession. In my opinion, this could be a once in a lifetime opportunity for you and I to profit instead of getting left behind. We must remember that riches are made in recessions a few months ago. Bloomberg Economics model projects the likelihood of a U.S recession to rise on 65 percent to not 100 within the next 12 months and that has many investors and Traders go into panic mode.

The stock market has been selling up since early 2022. We're seeing a decrease in earnings and growth across many company reports, a decline in housing sales, and a mass layoffs in a tech industry with a high likelihood of much more to come. While I wasn't active in the markets during the last recession in 2008, I've studied the data and past Trends to make sure I could position myself of the right way this time around. To start, make sure to remember to like the video and subscribe.

Now let's get into it: a recession is a general slow down in economic growth. This kind of decline is measured by GDP gross domestic product. This is a metric used to measure the total value of goods and services produced in the economy. And when there is two consecutive quarters of negative growth in GDP that's considered a recession.

We've seen that in 2022 so far there's already two quarters of negative growth, and despite seeing a nice recovery of positive GDP in the third quarter, many economists still suggest investors to stay cautious as they don't see the short-term growth to persist. That's Why Us Investors and Traders in the market, We must still prepare for the worst, but hope for the best. Despite all the uncertainty and high likelihood of various markets like Stocks, real estate, and crypto continue to decline more. We we must remember that riches are made in recessions.

First, let's talk about the stock market and my approach to investing during the recession even though you guys know me as a day trader I still invest in stocks long term for my retirement at the age of 50 next month. While many people and many personal finance YouTubers would say day trading is a form of investing, Now for those who aren't aware, day trading is a style of investing in which, no, it's not. Seriously, every time I Hear this I Just gotta roll my eyes. Trading and investing are completely different.

Day trading is considered a career in an active business. It's also taxed as a business and not as capital gains in the United States and Canada Investing however, means you're buying and appreciating asset, hopefully for the long term with the intention of holding on for two, three, five, or even 10 plus years. Every time there's a market correction or a bear. Market We see a lot of people trying to time the market as in their attempt to sell the investing portfolio at the top and look to invest back in once the market has bottomed out.

You see on paper that sounds like a great approach. However, in reality it's very difficult to time the bottom of the market. In day trading, we often use certain signals to time short-term bottom on the market intraday. Some indicators I personally use are V-wap technical double bottoms, and reclaim of key level.
However, that only works for short-term Outlook But when we're looking at potential long-term bear Market reversals that's pretty much impossible to time. just ask any portfolio managers or economists. In fact, many investors are trapped into the trying to time the bottom game but freaks out and sells the entire portfolio when the S P 500 cracks a new 52-week low Studies have shown that it's more crucial to focus on time in the market instead of timing the market. If you use any compound interest calculator, you can see that just by investing 100 every two weeks consistently with an average return of eight percent per year, it will be inevitable for you to become a millionaire.

Your investments will have grown over 1.2 million dollars over the course of 45 years, with only 117 000 being the actual cash. You've invested the rest of the 924 thousand dollars in gains. It's all compound interest. So for my own personal stock market portfolio I'm looking to invest 70 percent of my capital in index funds with a remainder 30 in individual stocks instead of trying to time the absolute bottom on these index funds and individual stocks like I mentioned earlier and dollar cost averaging in.

in my previous video revealing my entire Investment Portfolio I showed that I'm invested in index funds like Vti which invest in large mid smoke cap stocks in the United States I Also plan on adding into other index funds like Xdb and Xci which invest in high quality dividend stocks in energy Banking and utility sector in Canada I Like These funds because they are Diversified passive and boring and the management fees are extremely low. Perfect for busy individuals like myself who don't want to have to check on the companies every two weeks the remain in jail. 30 capital I have will be allocated slowly into individual stocks. In the third quarter of 2022.

I Picked up a few new stocks into my portfolio their Google Microsoft TD Bank and Taiwan semiconductor and I plan on adding into other existing positions I already have as well such as Tesla and Apple. If you're interested in following my long-term stock market portfolio and asset allocation, you can do so on the app. Blossom It's a first social investing app in Canada much similar to public in the US and shares in the UK on there. You can see all my buys and sells and personally invested in this app and looking forward to Blossom being approved as a broker in Canada Soon next year to download the app and follow my portfolio, make sure to use a link down below.

My plank is a dollar cost average in for example: if I allocate one thousand dollars in total to invest in Tesla the next year they're gonna buy in trunches of four buys each transaction worth around 250 dollars in value. I See the sell-off in the stock market as a great opportunity to pick up some quality stocks for Discount Just like how most people are excited for Black Friday Sales investors should treat the stock market sell-off as the same. My second investing strategy involves real estate, and in my opinion, this strategy is even more recession-proof While many economists are saying we might see another real estate bubble about the burst just like in 2008, I Highly doubt that's gonna happen in Canada. At least we have some of the strictest lending regulations in Canada In order to qualify for a mortgage, home, buyers have to go through extremely rigorous amounts of stress tests.
So in major cities like Vancouver and Toronto Even though yes, interest rates have certainly gone up quite a bit, supply has not increased by much. So in this scenario, the overall real estate prices will be unlikely to see a crash like we saw in 2008. However, I Think it's still a good idea to take a conservative approach when investing in real estate. Just like what I mentioned about the stock market, be prepared for the worst.

the hope for the best if there's really a decline in housing prices in. Greater Vancouver in the next few years I Want to step in and pick up one or two properties for my Real Estate Investment Portfolio As I mentioned in a previous video, I've dabbled in renting out some investment properties and that's doing really well just like my stock market. Investments I Have no intention of selling anything but this time around I Want to look for properties that allow short-term vacation rentals? Yes, I Want to try another business model Airbnb I Know as if I'm not doing enough already. However, I have to be very strategic about the location to make sure it's going to cash flow and not have too many empty slots in any season.

Where tourism is scarce and ideally these vacation rentals will be in areas that I personally would enjoy traveling to throughout the year. Moving on to the most speculative asset class of all cryptocurrencies. I know I said in my previous video that I only allocated a very small portion of my overall long-term Investment Portfolio in crypto and I was prepared to lose it all. but I didn't think it was actually going to happen I Rarely checked my Investment Portfolio values, but the last time I checked my crypto Holdings I was down about 60 to 70 percent.

That's not really fun. Many of my friends are asking me if I plan on adding even more in the Bitcoin in Ethereum during this major sell-off and to be honest, I am not. In my opinion cryptocurrencies will take many more years to consolidate before seeing any meaningful reversal with what transpired this year with some major exchanges collapsing like FTX and Voyager and all the Scandal that got unveiled I Think it would take the crypto markets a long time to regain trust from investors again, so no. I'm very happy to just hold on to my existing invest men's in Bitcoin and Ethereum.
and I don't see myself adding any more in a foreseeable future unless we see some actual signs of sentiment shift in the next few years. Let me know what kind of asset classes you're looking to invest in a recession? Are you looking at stocks, cryptos, cars, or real estate? Remember, if you like to follow my long-term Investment Portfolio you can do so on Blossom a social investing app in Canada Now you've seen my long-term investment strategy for the new year, but if you're interested in my short-term trading strategies that used to generate profit in a bear market, then make sure to check out this video. I'll see you there. Thank you guys so much for watching! As always, I'm the humble Trader and I'll see you guys next time Foreign.


By Stock Chat

where the coffee is hot and so is the chat

26 thoughts on “My investing plan for 2023 – how to prepare for a recession”
  1. Avataaar/Circle Created with python_avatars Brent Boltz says:

    Trade for income, invest long term in Real Estate! Real Estate is 2nd to none long term.

  2. Avataaar/Circle Created with python_avatars Wyatt Liu says:

    Yes, traders do invest, to reduce tax in rrsp and long on good assets in Tfsa😂❤❤❤

  3. Avataaar/Circle Created with python_avatars Arianne says:

    wow AOK100X is my safety asset, my mentor first introduced me to this 2 months ago, wow i am so happy you mentioned it here.

  4. Avataaar/Circle Created with python_avatars Laura Smith says:

    To my understanding this just proves how much we need an edged as an investor because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market, what are your thoughts anyone?!

  5. Avataaar/Circle Created with python_avatars Hola! 濤濤不絕 - TTTV says:

    🍻Cheers Shay! 💐👍

  6. Avataaar/Circle Created with python_avatars Randy G. says:

    They said that 12 months ago?!?

  7. Avataaar/Circle Created with python_avatars Lethabo2 says:

    My portfolio has grown tremendously all thanks to my trading manager for the help.

  8. Avataaar/Circle Created with python_avatars Yu He says:

    Good Teacher

  9. Avataaar/Circle Created with python_avatars James William says:

    Your stock investing strategy is excellent. I've been hesitant to enter this market since knowing about a man who made over a million dollars from just $300k since the epidemic, but I now believe the moment is perfect. I'm now interested in the strategy and techniques he used to achieve such a huge profit.

  10. Avataaar/Circle Created with python_avatars Marty Blois says:

    Inconvenient arrangement of the facebook, amazon, and google symbols in the thumbnail.

  11. Avataaar/Circle Created with python_avatars TradingAttitude says:

    Hi ! The best strategy is to use good trading technical indicators and screeners to find good opportunities.

  12. Avataaar/Circle Created with python_avatars Dr. Deepenstein says:

    Awesome content with a lot of valuable info! I particularly love the pauses for jokes! 😂

  13. Avataaar/Circle Created with python_avatars Peter Ranieri II says:

    71% of your portfolio is in real estate? interesting. Does that include your own home you live in or no?

  14. Avataaar/Circle Created with python_avatars Vern Dubin says:

    I just turned 23 and want to devote myself into becoming a millionaire by 30, I already have 80k saved, 65k lump sum following the death of my father and 15k in personal savings. So far ive come across dropshipping, stocks, and real estate as the most popular means of doing so but i was wondering if any of you guys had other suggestions, at this stage im just trying to learn about the most viable ways of achieving success within 10 years

  15. Avataaar/Circle Created with python_avatars ShoyuNYC says:

    Hopefully, Andrew Tate's cars will hold their value during the recession. 😁

  16. Avataaar/Circle Created with python_avatars isaiah1516 says:

    Right now I'm looking for companies that I think will survive the recession and buy now while stocks are cheaper. That way once everything bounces back, I'll have a greater return.

  17. Avataaar/Circle Created with python_avatars handyneighbour100 says:

    aitx

  18. Avataaar/Circle Created with python_avatars Poke Jaeger says:

    Great thanks for sharing!

  19. Avataaar/Circle Created with python_avatars Av says:

    Totally fake subscribers… Only 1.5k likes and so many subscribers… Rigged

  20. Avataaar/Circle Created with python_avatars Trade Right says:

    Correction: You can time bottoms and tops. That is how I trade.

  21. Avataaar/Circle Created with python_avatars BF says:

    LX……. break out big up side $ 10.43

  22. Avataaar/Circle Created with python_avatars Dilshod Mamurov says:

    Hi please answers 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

  23. Avataaar/Circle Created with python_avatars Sergej Ujemov says:

    we can never never when bear market it over till after the fact. It can happen anytime. I can happen today or tomorrow.

  24. Avataaar/Circle Created with python_avatars Parvin Kumar says:

    Hey beautiful lady, they is no major indication of a recession coming, stock market is falling a bit but not aggressively, housing crisis is not that major also, rate hike worldwide is panicking everyone but this is temporarily only, rates will start to fall within next 12 months. On monthly chart we can see US market is starting to gap up, but all this bare market is a golden opportunity to buy at oversold. Here in Australia mining sector is starting to boom up. The biggest problem at present is investors are holding back, but smart ones are already buying at oversold level. We as a trader, we can make money even the market is going down. Thank you for this educational videos and keep the good job up, appreciate it. God bless.

  25. Avataaar/Circle Created with python_avatars Robert Jack says:

    Just do something that will earn you money while you sleep, no matter how little. A pandemic is the perfect way to open your eyes to really see what life will really be like without your  real income stream and everyone will have to stay at home.

  26. Avataaar/Circle Created with python_avatars Swae P says:

    Small Cap EV Stocks Charged Up in 1st Week 2023. * XOS Trucks Up 83 % week.. * FFIE.. Up 12 % Week.. Faraday Future. * ZEV Up 43 % Week.. * ALPP.. Up 6 % week.. Alpine 4 Holdings. * IQSTEL.. Up 3 % Week. Will EV Stocks Reach Higher from This Week. ? Thumbs Up Video/ Comments. Thanks.

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