My 3 money rules during a recession
In normal times, I have 10 money rules:
But recessions call for a different set of rules.
During coronavirus, the critical steps to take are: Acknowledge reality, make a plan, and MOVE.
Now to my money rules during a recession.
* Take care of my family and team. In the video, I share how I did this.
* Don’t sell investments. I have a plan, I know I’m focused on long term, so stick with it.
* Look for opportunities. Once you’ve finished playing defense, go on offense. That can be donating to a charity, learning a new skill, or adapting your business.
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Help the people that help you… your cleaning lady, your gym coach, your gardener
Thank for the video
Don’t be an emotional investor. People need to read the books of John C. Bogle.
That book is stressfully close to that fireplace…