As I write this, we’re on the precipice of a nasty recession, maybe worse than 2008 and maybe even worse than 1929.
At this point we don’t know, but better to plan ahead than to put your head in the sand, right?
But not only do many people have businesses which survive recession, millionaires and even billionaires are created,
Always have, always will.
Conrad Hilton made his fortune by buying up hotels at recession-prices because he knew that a boom always follows a bust, even if it takes a while.
If you’ve seen the excellent movie The Big Short you’ll know that Michael Burry made his fortune shorting the sub-prime housing market.
But let’s get REAL…
You and I probably don’t have the capital to buy hotels, or the financial wisdom to see bubbles in the market let alone the balls to gamble everything we have on a stock market hunch.
So, we need to work smart, work on a budget and work differently to the crowd if we want to not only survive the coming recession but profit from it too!
Let’s get straight to the meat and bones…