Which Investments Are Recession Resistant? | 621

Yes, we are moving towards a recession, and no, this is not the time to be in denial about it. This is the time for you to think about how you will adapt to the bigger changes we’re going to experience and that means moving your investments around and putting your money where it’s going to help you prosper through this time.

Key Talking Points of the Episode

[02:00] Invest with preREO!
[03:00] Is another recession coming?
[04:03] Where should you NOT invest your money?
[05:21] How do you create wealth?
[06:00] Should you bank on appreciation and equity?
[07:03] Why should you focus on creating passive income?
[08:09] How is the 2008 recession different from today?
[09:03] Can real estate be recession-resistant?
[10:02] What did the last recession teach me?
[11:13] What makes rental real estate recession-resistant?
[12:30] Can syndications be recession-resistant?
[13:28] Why do you need to be careful with syndication deals?
[14:32] What makes self-storage recession-resistant?
[15:35] How can raw land be profitable assets?
[16:50] How can oil and gas be recession-resistant?
[17:36] Will investing in oil and gas be harmful to the environment?
[18:33] How do you prosper during this recession?
[19:01] Why do you need to invest in food storage?

Quotables

“Stay away from things that are speculative. Stay away from the crypto space as much, stay away from the stock market.”

“Wealth is not created off of luck. Wealth is not created off of gambling and markets that you don’t understand or don’t have control in.”

“Wealth it created by putting your money in places where there’s control or certain returns and especially, cash flow. That is the key to your freedom.”