Financial Freedom with Real Estate Investing MB 226: How to Protect Your Wealth in a Crisis – With Russell Gray
The black swan event financial pundits predicted has arrived in the form of the Coronavirus pandemic. But how, exactly, will the crisis play out in the markets? What does it mean for us as real estate investors? And what can we do to understand the changing reality, protect our wealth, and even capitalize on hidden opportunities?
Russell Gray is the cohost of The Real Estate Guys Radio Show, a podcast and platform dedicated to helping investors stay focused, motivated and informed. A financial strategist with 30-plus years of experience in business, investing, mortgage lending and financial services, Russell provides unique and practical insights that support entrepreneurial investors in growing and protecting their wealth through real estate and real asset investing. He is also the coauthor of Equity Happens: Building Lifelong Wealth with Real Estate.
On this episode of Apartment Building Investing, Russell joins me to share his take on the bigger story behind the pandemic, explaining how the government bailout will impact the value of the US dollar and its status as the world’s reserve currency. He walks us through the real estate strategies he likes right now, describing the benefit of investments that qualify as both REAL and ESSENTIAL. Listen in for Russel’s insight on protecting your wealth in a crisis and learn what YOU can do to adapt to the circumstances and thrive through a challenging time!
Key TakeawaysRussell’s take on the biggest story behind the Coronavirus
- Debt crisis on horizon (more vulnerable now than 2008)
- Potential for currency crisis as Fed continues to print $
Russell’s insight around the indicators that the dollar is weak
- Dollar exhibits weakness against other currencies
- All currencies exhibit weakness against precious metals
The consequences of the government’s Coronavirus bailout
- High risk of inflation
- Devaluation of dollar
How to protect your wealth from inflation, deflation and stagflation
- Store in alternate form of liquidity like gold to preserve value
- Invest in real assets (i.e.: real estate in resilient market)
Why now is a good time to be a real estate investor
- Printing money favors debtor
- Real estate = ultimate vehicle to short dollar
The right and wrong way to measure your net worth
- Assets – liability = wrong way
- Liquidity + positive cashflow = right way
What real estate strategies Russel likes right now
- Things that are REAL and ESSENTIAL
- Residential, energy, healthcare and distribution
Russell’s advice for investors taking a wait-and-see approach
- Don’t wait for someone else to find best deals before you
- Look for real estate (real asset) in resilient markets
Connect with Russell Gray
Email crisis@realestateguysradio.com for the Crisis Investing Webinar
Email silverseries@realestateguysradio.com for the Silver Series
Email preciousequity@realestateguysradio.com for the Precious Equity Tutorial
ResourcesPurchase the Replay of Deal Maker Live
Learn More About Michael’s Mentoring Program
Join the Nighthawk Equity Investor Club
Reuters Article on the Dollar Index
Equity Happens: Building Lifelong Wealth with Real Estate by Robert Helms and Russell Gray
FRED Index on the Purchasing Power of the Consumer Dollar