“Strategies for Accumulating Wealth During the Upcoming Recession”

by | May 19, 2023 | Recession News | 30 comments




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DISCLAIMER CONT’D: I’m just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet’s opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence….(read more)


BREAKING: Recession News

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REVEALED: Best Investment During Inflation

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As the world faces uncertain times and a possible recession due to the COVID-19 pandemic, many individuals are wondering how they can sustain their wealth during this period. So, how can one build wealth during an impending recession?

1. Create a budget and reduce your expenses
Start by creating a budget and cutting down unnecessary expenses. Reducing your monthly expenses will help you save more money and have extra cash to invest.

2. Invest in stocks with dividends
Investing in stocks with dividends is another way to build wealth during a recession. Dividend-paying stocks typically have a stable financial history and will provide investors with a consistent stream of income.

3. Invest in real estate
Despite the economic downturn, investing in real estate can still be a lucrative venture. Properties bought at a discounted price during a recession can be sold at a higher rate later when the economy rebounds.

See also  Anticipating a 5-Year Recession Ahead.

4. Diversify your portfolio
A well-diversified portfolio can protect your investments in the event of a downturn. Invest in a mix of stocks, bonds, real estate, and commodities to help reduce risks and ensure long-term profits.

5. Take advantage of deflation
During a recession, prices decrease, and goods become more affordable. As an investor, look out for undervalued assets and consider purchasing them while they are cheap.

6. Hold onto your investments
Recessions usually last for a brief period, and the market eventually recovers. Avoid selling investments out of fear or panic, and instead, hold onto them long-term to take advantage of the eventual rebound.

In conclusion, building wealth during an impending recession requires strategic planning and a long-term investment mindset. By cutting down on expenses, investing in stocks with dividends and real estate, diversifying your portfolio, taking advantage of deflation, and holding onto investments long-term, you can build wealth even during difficult economic times.

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30 Comments

  1. Minority Mindset

    Join Market Briefs, my FREE newsletter for investors, here: https://briefs.co/market/jaspreet

    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
    There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

  2. julio l

    Thank you sir !

  3. ouimetco

    Detroit is a wasteland. How did you make out man? Lots of homes torn down now.

  4. Micheal Brown

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

  5. CC

    ❤ Thank you !
    Is it better to pay down debt or save when you want to get a mortgage.

  6. Elvis Presley

    At 1:33 I have to disagree. If a person puts money into a bank to "save" it. That money most definitely is lent into the economy and stimulates the economy. Saving is as much a part of the economic machine as anything else. The problem is the feds increasing the money supply too much at nearly 0% interest for too long.

  7. Dhia Hadees

    Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I'm glad I took the bold step that is now favoring

  8. Noah Y

    house market turns into a strong seller market again now do you think home price will drop back down again in California? Thank you

  9. Albert Charles

    I don't know who needs to hear this saving for a better investment is a great step to financial freedom you're saving a day off work

  10. Susan Nico

    This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

  11. Irma Davis

    The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.

  12. Malawi Gold

    Bruh u been saying this, and the market is only going uo

  13. Amelia Garcia

    When you follow the steps below, you attain financial independence.

  14. oasis

    Keep lying .. and lying and lying .. all what you said in the past never saw day light … please stop ….

  15. Georgia Moore

    One major factor was left out is that we are seeing global inflation. I saw it in the news that most countries are all competing for parts , products food etc. Even nations that managed their rates better are seeing major issues. The glut of money was an issue sure, but the surging demand from nation that re-opened from covid lockdowns played a larger role. Add to this pandemic-related staffing issues and the intentional global oil supply problems and its a nightmare. I known the intention was to explain inflation but that doesn't do justice to the current inflation on a global scale.

  16. Braden Saylors

    Over leveraged not “over levered”

  17. B"H

    The difference between the $20 and the $1 bill is that they both could buy a pair of leather shoes, the $1 bill in 1900 and the $20 in 1960.

  18. itachi93674

    So many bots in the comments

  19. SKD  Dvrma

    Dear sir please explain about indian recession

  20. Sophie Weslock

    Heard someone say the best season for a financial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

  21. vikky mendonca

    Hello Jaspreet, are you promoting Sweet green now? I don’t hear you saying Avocado at Chipotle

  22. Aneel Yasin

    I've been seeking investment guidance cos It seems like I am never able to identify trends properly.. Is it possible to achieve a simple, reproducible passive income strategy that supplements my income and will eventually replace my wage income? Need some advise please

  23. Quokka Pirquish

    Inflation is less than 5%, interest rates have peaked. Can’t envisage a recession. The fed talking the economy down is part of the cooling process. Imagine what would happen if they started talking the outlook up!
    Like I say, we will not see a recession this year.

  24. Emilia Abelard

    Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?

  25. Marc Jacobs

    Can you explain how to research a company for investment please?

  26. Brendon Hoppy

    Our brother Jaspreet, must have shares in sweet greens and chapotle

  27. RL

    life in this world has had many many terrible things happen

    but what's happening now is like biblical

    it's all going to collapse in every way

  28. Matthew Cheung

    so … how to build wealth? thank you for teaching the process of this recession. but how do i earn money during a recession.

  29. Stephen Enriquez

    I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Samantha Jack. I now make huge profits by weekly through her services while still learning to stand on my own.

  30. Lucas Cordero

    According to some experts, the United States and other regions of Europe may have a recession in 2023. Because China and emerging countries frequently grow faster than more developed economies, a global recession, which is defined as a decline in annual global per capita GDP, is more uncommon. Fundamentally, if economic growth lags behind population growth, the global economy is said to be in a recession.

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