Every 10 years or so, the market has to even itself out.
What goes up must come down.
And lately the markets been going up, up, up.
But sadly this won't last forever.
So what can you do? When you see the market start turning for the worst, there's a few things you can do to actually make money:
SHORT A CERTAIN MARKET
In 2006, just before the housing market collapsed, John Paulson saw what others didn't and shorted the subprime. That investment made his firm $15 billion in 2007.
Look at the patterns. In 2001, it was the tech bubble. Then in 2008, the housing bubble.
In my opinion, with the massive amount of student loan debt out there, I think it will be next.
INVEST IN GOLD
Gold has a history of rising as the economy falls (again looking at patterns). Take a look at the chart below:
SELL PRODUCTS THAT CAN MAKE OTHER PEOPLE MONEY
These include online courses, webinars, etc. For example, you can put together an informative course titled "How to Take Thousands Off Your Mortgage".
The important thing here is to actually provide value. In the time of a crisis, people are looking for help.
If you can teach someone how to make or save money, you'll do very well in an economic recession.
Opportunity is everywhere, you just have to learn how to recognize it!
If you learned something, be sure to upvote!
Sorry about all the caps, when I tried to make them numbered, they all said "1."
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