15 Recession Money Rules
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 a 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/
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 a 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/
Alux.com
www.Alux.com is the largest community of Luxury & Fine Living enthusiasts in the World. Alux a world-wide recognized Authority when it comes to ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USATod...