Tom Bilyeu's Impact Theory What to Do to Grow Wealth in a Down Economy | Graham Stephan (Archived Episode)
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Oct 26, 2024 
In this engaging discussion, Graham Stephan, a successful YouTuber and host of Iced Coffee Hour, shares insights from his journey in real estate, starting during the 2008 financial crisis. He emphasizes how to spot opportunities in tough times and discusses a unique investing strategy using a monkey to outperform the market. Graham highlights the importance of gaining experience over immediate compensation, managing market psychology, and investing in what you use. His practical tips and personal stories inspire listeners to build their wealth amidst economic challenges.
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* Recession Strategy*
- Double down on your work and savings during a recession.
- View economic downturns as opportunities for growth, like Graham Stephan did in 2008.
Early Start
- Graham Stephan started in real estate at 18 during the 2008 recession with minimal capital.
- He obtained his license affordably and focused on learning and making connections.
Bond Market & Risk
- Graham Stephan uses bond yields to assess risk premiums in various investments.
- He prefers diversified approaches, like index funds, with a small allocation for higher-risk assets.
