ilmscore | How To Benefit from a Recession

How To Benefit from a Recession

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Investing 10% of an average salary each month is predicted to lead to becoming a millionaire.
"if you have an average salary and invest 10 percent of it correctly each month then you're almost guaranteed to become a millionaire"
Stock Market Investment
Pending
Undervalued stocks are predicted to rise to their true value over time.
"the stock market can only trade at an unrealistic price for so long be that high or low meaning that if the stock is undervalued it will eventually rise to its true value"
Stock Market Investment Strategy
Pending
Side hustles offer huge income potential alongside job stability.
"this gives you stability and also huge income potential"
Side Hustles/Small Businesses
Pending
Recessions present opportunities to find discounted real estate deals.
"but certainly not in a recession"
Real Estate Investment
Pending
Sellers may be forced to sell real estate during a recession due to difficulties with mortgage payments.
"this means that they could be finding it harder to meet their mortgage payments and are being forced to sell"
Real Estate Investment
Pending
Recessions are predicted to shift the real estate market in favor of buyers.
"these two things together flip the market from a seller's market to a buyer's market"
Real Estate Market Shift
Pending
Buying real estate at a discount during a recession is predicted to allow for equity building and future profit realization.
"the absolute best time to buy is when everything is discounted so you can build equity during a boom and smash that wall down and enjoy the profits"
Real Estate Investment
Pending