On The Market 168: How to Prepare for a Recession in 2024
Dec 14, 2023
Learn how to prepare for a recession in 2024 and profit from it. The podcast provides four suggestions for investors to navigate the bad times and thrive in the good. Topics include emergency reserves, cutting costs, accessing backup debt, and diversifying outside of real estate. The importance of cash reserves, managing software subscriptions, and expenses, as well as reallocating capital and diversification for real estate investors, are also discussed.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 3min
Analyzing the Likelihood of a Recession in 2024 and Preparing for Potential Economic Downturn
02:55 • 2min
How to recession-proof your business
04:55 • 4min
Preparing for a Recession: Importance of Cash Reserves
08:42 • 13min
Managing Software Subscriptions and Expenses for Cost Savings
21:29 • 2min
Managing Expenses and Access to Capital
23:34 • 17min
Reallocation of Capital and Diversification for Real Estate Investors
40:28 • 3min