The answer to the question, ‘whether a recession is an opportunity or misfortune,’ is provided in ‘The Monk Who Sold His Ferrari’ book by Robin Sharma. If you have or have not read the book, you can still learn how the recession is not a misfortune but an opportunity by reading ‘The Big Squeeze’ by Kavin Bratch.
In his EBook, available for free, Kevin encourages the investors to perceive the recession as an opportunity for this is certainly not the time to be pessimistic of the things happening around. Instead, it is time to focus on the market movement and invest in safe stocks.
Americans are mostly passive investors, for they invest their money in the company’s 401k plans and even in the mutual funds and wait for the great returns. 401k or mutual funds are not enough to count your future upon.
Wait and watch strategy is suitable for people under 35 years of age, and time is on your side. You can afford to wait. But, after a certain age, you cannot afford to wait and act smartly. This is the time when you should invest safely in the stock exchange and enjoy high returns. Recession for some could mean high losses, but this is also a great time to invest and wait for the market to surge.
What comes down will always go up. The world economy has always seen ups and downs. Ups are when you see great returns on the investment, down is when investors lose confidence while new investors may enter the market.
If you are eager to learn how to make money in the time of recession, get yourself a copy of ‘The Big Squeeze.’ The E-book will help you understand the stock market and how to invest like a pro.
By Kevin Bratch - Real Estate Investor
Kevin encourages the investors to perceive the recession as an opportunity for this is certainly not the time to be pessimistic of the things happening around.
