Brad HartI help 7-8 figure entrepreneurs scale faster with AI, masterminds, and results-driven systems | Founder of Optimus & Repurposefully

Have you been investing enough for the recession? #makemoremarbles #mastermind #personalfinance

Name: Have you been investing enough for the recession? #makemoremarbles #mastermind #personalfinance
Uploaded: 2022-11-11T19:17:02+00:00
Duration: 48 s
Channel: Brad Hart
Description: A short YouTube personal-finance monologue by Brad Hart arguing that recessions should be viewed as opportunities, not reasons to hoard cash. He defines…

11 Nov 2022 · 1 min

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0:48

A short YouTube personal-finance monologue by Brad Hart arguing that recessions should be viewed as opportunities, not reasons to hoard cash. He defines a recession as two consecutive quarters of declining GDP, states that (in his view) we have been in a recession since July 2022, contrasts the limited value of cash savings with the potential impact of investments, and urges viewers to consider investment strategies and follow the channel.

Questions this video answers

Two consecutive quarters of declining GDP ("2/4 down in GDP").

Since July 2022.

Chapters

Have you saved enough for the recession? Well, first of all, you shouldn't be thinking about your savings. You should be thinking about opportunities. Like when a recession happens, often business people freeze. They say, oh my God, a recession. Because I don't know what that means. The only reason you have fear is because you don't know. So let's go over that a little bit and help you learn more what a recession is. By definition, it's 2/4 down in GDP. That means growth has been flat or declining for 2/4. Well, we've been there since July 2022, so we're in a recession. Great. Now what huge opportunities. What does it have to do with your savings? Well, nothing actually, because that's what your savings will do. Nothing, actually. Worse than nothing. However, your investments will have a huge effect on your life. So if you have savings and no investments, you may want to look at that. Follow this channel for more ideas on investments and strategies.