Stock Market Crashes and Recessions are the best buying opportunities. When that happens, Warren Buffett says to take out the bucket when raining gold.
Seven steps to be a millionaire after recessions and stock market crashes:
– be a financial fortress – allows you to invest when others are selling in panic
– have a cash cushion – keeps you calm whatever is going on
– don’t have debt – gives you leverage when things are cheap for smart debt
– always look for opportunities and buy when you like an investment
– don’t bet, invest – the earnings yield is what you are investing it, asset prices up is just a bonus
– always keep learning – there are always opportunities somewhere
– this too shall pass
Want to know more about my research and portfolios? Here is my independent stock market analysis and research! STOCK MARKET RESEARCH PLATFORM (analysis, stocks to buy, model portfolio)