Wouldn’t you like to be one of the few that remains financially afloat when the next imminent recession comes around? It’ll happen a lot sooner than you think.
When we do enter the next recession—which has all the warning signs for a monster recession—most of your peers and coworkers will abandon ship without a lifejacket and sink to the ocean floor faster than the boat.
When that ship does go down, I’ll maintain a steady course on my own boat and let the recession become another profitable wave in my ocean of success.
It’s going to be some of the smoothest sailing and I’m inviting you to anchor your ship to mine and allow me to lead the way…
The economy has been floating atop an ever-expanding bubble for quite some time now and I’m not really too worried about it from a financial point of view.
Of course, it’s going to be a terrible time for a lot of people and I wouldn’t wish that on anybody.
The scars from 2008 are still healing and most of you weren’t entirely over the crash of ’87. Why would you possibly leave yourself vulnerable for a third time?
Now, I would like to be able to save everybody from this recession, but that would be impossible. Partly because most people are too self-centered to turn for help, unlike you, and partly because it wouldn’t be a recession at all if everybody knew how to financially surf through it.
This might sound morbid, but recessions are absolutely necessary for our economic balance. Think of it as a rapid correction for something that has been overvalued for years and years.
The recession of 2008, as you know, happened because of the housing market crash. Mortgages had been overvalued for years, as well as property, land, and so on.
That crash attempted to correct the bubble of overvalue that we were bouncing on top of.
For those of you who aren’t aware, recessions in the past have been strongly tied to stock market crashes and vice versa. Why would that change now?
The stock market is currently in a very unstable state as it’s becoming more and more difficult to read. For the past few months the major stock market indexes were going sideways and flirting with the possibility of a crash.
When the stock market becomes unpredictable—which it usually isn’t, despite popular belief—it’s usually a sign of rapid change. As of a couple of weeks ago the market did decide to turn up and maintain a healthy trajectory, but that’s all too strange a movement.
This is something I’ve been monitoring very closely while keeping an eye on strong trades and techniques that’d be profitable whichever way it decides to turn.
History always repeats itself, and I can’t fathom how many more history books will need to be printed before the general public get that through their head.
In fact, the only example you need happened during your parents’ lifetime in a span of 30 years: World War I (1914-1918) and World War II (1939-1945).
Now of course World War II is seen as an extension of, or a recoil from, World War I, but the fact of the matter is we let it happen again. Just as we’ll let these recessions happen again until the end of time.
It’s not all doom and gloom, though. During any kind of economic rise or fall there are ways to manage your money so the profits still pour in.
Just to list a few: shorting stocks, withdrawing cash at the right time, buying commodities, trading the right currencies, etc…
Like I said earlier, my boat will be in for some smooth sailing whatever the future holds. It’s all about understanding the volatility of the ocean and riding the waves in the direction that they’re naturally going to go.
I don’t know about you, but I certainly can’t control mother nature, but I’ve learned how to read her. If you stick close enough to me, I’ll teach you how to figure out the best possible technique to sail on any type of ocean she provides.
