15 RULES for RECESSIONS |
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15 Recession Money Rules
Skip the waitlist and invest in blue-chip art: https://www.masterworks.art/alux An MBA in your pocket: https://www.alux.com/app With Masterworks you can purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: https://www.masterworks.com/cd 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 - Get Rich Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIsxb5Mf-Pr1xHJMZPtdIX8q Take Action Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIuhLj_V6ThqHhVN52kozybm All Sunday Motivational Videos: https://www.youtube.com/playlist?list=PLP35LyTOQVItYEFKYW1WdjcHFuXt0s5h- Book Club: https://www.youtube.com/playlist?list=PLP35LyTOQVIvGYVKBE8qEwmP-S_Z7i0lL - Social Media: https://www.instagram.com/alux/ https://www.facebook.com/alux https://www.twitter.com/aluxcom --- Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content! Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today! SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8 -- To see how rich is your favorite celebrity go to: https://www.alux.com/networth/ -- For businesses inquiries we're available at: https://www.alux.com/contact/ |