Right Now Cash is King #shorts

10 Jan 2023

Watch on YouTube

Short video urging viewers to hold cash during economic slowdowns so they can buy quality assets at reduced prices. The speaker argues that cash enables deployment into discounted assets coming out of a slowdown and calls for actively stacking cash to build wealth.

Okay. So everybody's heard the saying, cash is trash, but there's a few times in life when it's going to be the exact opposite. And I believe we're in one of those periods right now. You see, during a slowdown, there's going to be quality assets on sale, and the only way you could take advantage of the sale is if you have cash during these periods. Cash is definitely not trashed, especially when you see asset prices coming down. You do want to put your cash to work for you, but in order to do that, you got to have some cash on hand. So I would be doing whatever it is I could to stack cash, so that way you're in a position to deploy it on some of these assets, and that's how you build real wealth. Coming out of a slowdown.