, a multi-millionaire real estate investor who started her journey during the Great Recession.1) Reassess your expenses and increase your savings.
During recessions, you have access to more assets for less money. It’s common to see the stock market declining, which provides an opportunity to invest or purchase shares of good companies at a discounted price. Between January and mid-October 2022, the S&P 500 index, a securities index made up of 500 of the largest publicly traded U.S. companies, had declined by over 20%.
“I was 23 in 2007 when I bought my first rental property. I lived in it and rented it out after moving out. I kept the property throughout the recession because once you sell it, you don’t get the wealth-building part of real estate. So, during a recession, buying rental real estate properties will provide additional cash flow for you and an opportunity to build wealth through property appreciation over the long term,” Blair said.
SaveToNotion tweet lecturas getsummari summarize
Hey, the NBA is made up of mostly black males, can you so an article on how that needs to change? Or so you see how asinine your report on fire fighter being mostly white men is?