15 Recession Money Rules
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In this Alux.com video we will be answering the following questions:
What are the money rules in a recession?
What should you do with your money in a recession?
What is the best playbook for recession investing?
How to invest in a recession?
How to survive a recession?
How to get rich in a recession
________
00:00 - Intro
01:07 - Sit on available cash
02:01 - No high-interest debt but keep the low-interest
03:29 - The strong will eat the weak for pennies on the dollar to consolidate power
05:15 - Brain over Heart
06:14 - Do what the rich do and don’t look back
08:36 - You will make
1 or 2 decisive moves
10:10 - Be prepared to buy in Bulk
11:36 - DCA is the name of the game
12:47 - The dip will keep on dipping
14:12 - Fortune & Wealth
are built in Recessions
16:29 - Don’t increase prices and don’t buy dumb things
17:52 - Time to get thrifty
18:36 - Rebalance your portfolio
19:31 - Unrealized loss
isn’t really a loss
20:34 - Solidify your income
or you’ll drown
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