Today, on the video channel, I discuss recessions and the clues from the news that indicate its imminence.
1️⃣ Americans have experienced economic expansion for the last 12 years.
2️⃣ We feared the next recession in 2020 during the start of the COVID crises; however, that crisis was averted (rather, prolonged).
3️⃣ Our Government printed money, helping in the short term but immediately causing inflation.
4️⃣ Inflation drives up asset prices, but also the cost of living. As a result, there is a widening gap of wealth and poor.
5️⃣ As a result, I remind listeners to seek to own assets and stop buying ”wants.”
6️⃣ Stick with the recipe (grow income, lower expenses, save and invest) and the long-term mindset, and you will be okay through the next recession.
CHECK OUT THE VIDEO BELOW 👇🏾 AND MAKE SURE TO SUBSCRIBE!
God Bless Ukraine 🇺🇦
Subscribe to Our Channel 👇🏾
💡Invest Your Retirement w/ eQRP
Passive Investor Startup Guide
To find out more about what it looks like to invest as a passive investor in multifamily real estate, download our free Passive Investor Startup Guide here!
Popular Passive Investor Articles
- – Mindset: Freedom through passive investing
– What is multi-family syndication?
– Do I have to be accredited to invest in a syndication?
– How passive investors can find great sponsors
– What to look for in potential syndicators
– About Robinson Capital
If you invest in stocks or other assets are seek to diversify your portfolio, achieve higher returns or get educated on the power of real estate, subscribe to my articles for automatic updates on new weekly content. Also, sign up for our newsletter for regular updates on our business and to learn how you can passively invest and grow your wealth through real estate.
Rodney Robinson II