📖 BUY One Rental at a Time
📣 Audible Version Here
OR
🏆 Buy 15 Conversations with Real Estate Millionaires
Dion from Dion Talk is Narrator!!!
NOW ON AUDIBLE
📸 INSTAGRAM: Please follow. Daily original content!
📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works
This is a VERY private group that is only available to my students of “How to Get Started One Rental at a Time” In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join!
JOIN HERE:
TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution!
💎 How to Get Started One Rental at a Time:
This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals.
JOIN HERE:
💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending.
JOIN HERE:
📲 MENTORING OPTION:
I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request.
JOIN HERE:
✍️ FREE COURSE:
I put together a Free Course so people can get to know me a little more and have fun getting started with no cost.
JOIN HERE:
📣AUDIOBOOK:
PLEASE LEAVE 5 Stars!
*** Tag me on IG with a book selfie!
🧢 MERCH:
I have created some fun merchandise designed by my daughter.
Check out Merch Page here: …(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Title: Recession Starts in 3 Weeks: Brace Yourself for the Economic Storm!
Introduction
As we enter the third quarter of 2021, concerning news has been circulating about an impending recession that is expected to hit the global economy within the next three weeks. With the effects of the ongoing COVID-19 pandemic and other economic factors, experts warn that we should prepare ourselves for a turbulent period that could have far-reaching consequences. In this article, we aim to explore the potential reasons behind this imminent recession and discuss how it might impact various aspects of our lives.
Reasons behind the recession
1. COVID-19 pandemic aftermath:
The pandemic has wreaked havoc on economies worldwide. Lockdown measures and supply chain disruptions have severely impacted sectors such as travel, hospitality, and retail. While countries have made efforts to recover through vaccination campaigns and easing restrictions, economies are still struggling to regain pre-pandemic stability. The gradual reopening of international borders and territories is uncertain, causing fear within the business community and consumers alike.
2. Inflationary pressures:
Another contributing factor is the increasing inflation rate in various countries. As economies recover from the pandemic, pent-up demand and global supply chain disruptions have led to rising prices. Central banks might respond by tightening monetary policies, leading to decreased consumer spending and dampened economic activity.
3. High unemployment rates:
Despite some recovery, the job market has not completely bounced back. The ripple effects of layoffs and furloughs during the pandemic continue to impact households. High unemployment rates put a strain on consumer spending, creating a vicious circle where businesses struggle due to reduced revenue, leading to further layoffs.
Impact on various aspects of life
1. Personal finances:
Individuals may face difficulties due to reduced income, job losses, or increased prices of essential goods and services. This recession could significantly impact people’s savings, retirement plans, and overall financial stability.
2. Housing market:
The real estate sector has been experiencing a boom in many parts of the world. However, an economic downturn may affect this trend as people become cautious about investing in property. It could result in a drop in house prices, and individuals may find it harder to obtain mortgage loans.
3. Stock markets and investments:
Recessions often result in plummeting stock markets as investors feel uncertain and become risk-averse. Those heavily invested in equities may experience financial losses. Investments in sectors more resilient to economic downturns, such as healthcare and essential goods, may be more favorable during a recession.
4. International trade:
Global supply chain disruptions can further intensify during a recession. Countries relying heavily on exports may suffer from decreased demand, while imports might become more expensive due to inflationary pressures. International trade volumes could decline, impacting GDP growth rates.
Conclusion
While there are signs of economic recovery in many parts of the world, the impending recession serves as a reminder of the persistent challenges we face. As individuals and governments, it is crucial to be prepared, analyze our financial situations, and take necessary measures to mitigate potential risks. Diversifying investments, focusing on areas with relatively stable market demand, and upskilling ourselves to stay relevant in the job market are some steps we can take to safeguard our finances during these uncertain times. By staying informed and adapting proactively, we can navigate the stormy seas of recession more effectively and emerge stronger on the other side.
Curious? What was the record median home price according to FRED? And what is it now? Seems like a conundrum
Thanks for sharing this talk, and I'm curious to see what happens with the economy.
Keep your eyes on Bitcoin, not just cash FWIW.
Recession in the next 12 months? Yes, I think these rate increases will restrain a bunch of rolling over debt by then. But this is just a guess without studying those numbers.
Thanks dudes
GDI tracks incomes, GDP+ tracks both GDP and GDI if I'm correct
Thanks dudes
Depends where u live. Bold call
Yes i think its coming. I Work for a large rebar company in southern CA that specializes in high rise buildings and tilt ups . Over 40 large jobs out of 100 in LA are on hold due to rates 15 plus San Diego jobs on hold. This is from jobs that were bid 6 months ago but now that its time to start brakes are coming on strong. I think the fed went to far by the time they see what is happening its going to be to late everthing will have come to a stop.
Seeing the higher end rental properties not getting as much interest at the high rents in the DC area. People are running out of money.
Once the yield curve uninvert then recession will be here
Disagree about stock valuations. Companies have been making a ton of money yet market is down quite a lot last 2 years. P/ e ratios are not high at all. Market has been down due to higher interest rates paid from t bills and cds. Why risk capital in market if something unexpected happens. Anyway, market isn’t overpriced. Forward P/E ratio is 19.8. Down over ten percent from last year.
I think we're in one, just like the conversation in the video. Not everything has to be down at once for us to be able to look back in 5 years and say it was definitely a recession. Retail saw their numbers take a hit if you factor in the inflated prices and excess inventories last year, now you're seeing housing take a hit, autos are starting to see sales slow, and manufacturing has been all over the place since the start of the pandemic.
Layoffs are coming. Lending standards are tight, debt levels are very high, and rates remain high. Student loan repayments start next month, im guessing consumer spending will take a hit.
There is so much fear in the media this week. More than normal. Why?
No recession to many jobs still