Tom Bilyeu's Impact Theory

How To Use The 2023 Recession To GET RICH - Do This Now... | Graham Stephan

24 snips
Jan 26, 2023
Graham Stephan, a successful YouTuber and real estate expert, shares his wealth of knowledge from over a decade of experience in navigating financial markets. He dives into how to identify investment opportunities even during a recession, drawing from his own journey starting at 18 during the 2008 crisis. He discusses the importance of persistence, strategic saving, and investing in what you consume. Listeners will learn about the nuances of stock market investments, effective personal finance strategies, and how resilience can lead to wealth creation.
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ADVICE

Doubling Down in Recessions

  • Double down on your efforts and seize opportunities during a recession.
  • Start small, even with limited capital, like getting a real estate license.
INSIGHT

Timing the Market

  • Timing the market perfectly is difficult, even in hindsight.
  • Focus on controllable factors like effort, and continuous learning.
ADVICE

Controllable Factors in Real Estate

  • Don't try to time the market; control what you can, like mortgage rates and offers.
  • Look for undervalued properties or those needing work.
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