Many people who don't have stocks, bonds, options or anything else having to do with the stock market think, "Oh, at least I won't be affected by the recent biggest drop in stock market history."
But think again.
This is EXACTLY what people back in the Great Depression thought during the stock market crash on Black Friday in 1929.
"I don't have any stocks so therefore I'm immune..."
Immune from losing your job? From not being able to sell things because nobody is buying anymore? Immune from WHAT exactly?
In fact, back then, if you actually talked to anyone in the soup lines back during the Great Depression of the early 1930s, you'd quickly realize that MOST didn't even own one stock. (Quite a few who DID own stock ended up jumping off a building and killing themselves after the crash of 1929, saving themselves the humiliation of standing in a soup line at all.)
Now, the way I see it (and as a short disclaimer, I'm not part of the Psychic Friends Network and I don't have a crystal ball) but usually when we're hit very hard with a recession (as we did after the crash of 2008) then the next one is usually -- USUALLY but not always -- an "easier" recession. However, you usually don't get a full on "crash" to kick of the next few years as being "mild," if you know what I mean. So this could go either way.
And yes, I've been warning you about this for 18 months. And yes, I told you so.
So, how does this tie into real estate investing exactly? Ah! This is when all the opportunities will start flurrying around. Foreclosures come back into the picture. (They have been already for the past quarter or so.) More inventory comes on the market. Prices drop because of the overabundance of inventory on the market.
And THIS then becomes YOUR opportunity to get yourself some cash flowing properties if you haven't started already. And if you have started, keep adding more properties onto your portfolio.
I have a very unique opportunity for you that I think you'll really like! CLICK HEREand you'll see what it's all about.
In the meantime, instead of being depressed about the recession coming up, be happy. Recessions are when I make the most money and it can be when you make the most money too!
See you at the top!
P.S. If you haven't signed up for the Detroit Real Estate Boot Camp Seminar yet then you still can. CLICK HERE to reserve your seat. After this weekend, I'm raising prices again so claim your seat now while you still can.