"Recession" ... its a word that strikes fear in the hearts of investors both young and old. Generally, when a recession hits, you know what you're in for. The stock market tanks, your 401(k) loses value, businesses you know and love close, and major media is in a frenzy every day about the latest financial disaster to strike. The NBER (National Bureau of Economic Research) defines a recession as "a significant decline in economic activity spread across the economy, lasting more than two quarters which is 6 months, normally visible in real gross domestic product (GDP), real income, employment, industrial production, and wholesale-retail sales. To date, there have been 47 recessions in the United States since the Articles of … [Read more...] about How to Invest During a Recession and Actually Make More Money
Archives for June 2020
What’s the Best Way to Retire Early? By Doing This One Important Thing
Have you ever wondered what sets you apart from people who retire young? All over the Internet, you can find incredible success stories of regular folks who were able to pull off the impossible. But what is their secret? How do you retire young in today’s world when so many of the odds seem stacked against you. It’s one of my personal hobbies to read these stories and look through the details to see what makes them different. And you want to know what I’ve noticed? It’s not that they won the lottery or received a huge inheritance. It’s also not that they were necessarily big-time executives earning way more money than you and I. No, the answer is actually much simpler than you might think. Most of the … [Read more...] about What’s the Best Way to Retire Early? By Doing This One Important Thing