Have you wondered: should I be investing during a recession? Is now a good time?
Don’t worry– you’re not alone in wondering.Ā In fact, let me share a slightly embarrassing story about the first time I invested.
Investing During a Recession
Investing while in a recession, or at the beginning of one, may seem counterintuitive.
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Should you be investing or saving? Learn now.
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I mean– you’re putting money into a market that’s down… with the hopes that it will somehow make your money grow?
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But it’s down! It’s been down all year!! I’ll put my money in and it will ALSO go down!!!!
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I get it.
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In fact, the very first time I invested on my own was with a **drumroll please** Robinhood account.
*GASPS*Ā
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My Embarrassing Experience with Robinhood
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I know, I’ve shat on Robinhood in the past AND I STAND BY IT.
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Ya see… I didn’t know what I was doing.
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So what did I do?
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I opened an account with Robinhood, and picked a few ETFs and stocks that I had NO IDEA what they were… and panic watched them daily to see if I made any money.
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I blame my little brother– he’s the one who got me started with Robinhood (hi, Ethan!)
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Robinhood would send me pings daily to let me know– HEY! YOUR INVESTMENTS ARE GOING DOWN MAYBE YOU WANT TO SELL?!
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I think I lasted like a week before I said screw this investing thing, it’s scam, and sold my investments for a loss.
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I took the L, and swore off investing for a few more years.
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But here’s where I messed up…
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I was buying individual stocks, and ETFs I didn’t understand.
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I also did not have any context for how the stock market worked.
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And would have never believed that when stock prices are going down??
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That’s the time to keep on buying.
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How to Invest the Cheapest Way Possible: Investing During a Recession
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Why the actual hell should you be investing right now?Ā
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Because this is an opportunity to buy your investments at a deep discount.
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Think about it like this.
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Imagine your favorite store of all time that NEVER GOES ON SALE, let’s use Apple cause we know they never go on sale, suddenly went on sale for 20% off… maybe even 30% off.
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Would you immediately run out of the store and say ABSOLUTELY NOT, I WILL NOT BUY ANY OF YOUR PRODUCTS UNTIL YOUR PRICES GO BACK UP!!!!
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Of course not.
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That sounds ridiculous, right?
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Instead, you’d go online and either buy what your normally would buy or stock up on a few things you’ve been wanting to get.
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The idea of running out of a store when it goes on sale sounds ridiculous… but what if I told you it happens all the time?
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With the stock market.
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Instead of investing during a recession, so many people have told me that they aren’t investing this year… because the stock market is down.
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I get it though.
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The stock market can be a scary place if you don’t know what you’re doing.
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But I want you to keep imagining, friends.
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Imagine all of a sudden 500 of the largest, strongest companies in the US went on sale for 20% off.
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And there’s a special bundle deal that allows you to buy ALL of them together for one price AND??
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BEST PART???
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Inside of that package, if any of those companies start underperforming and not making money…
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They get KICKED out of the bundle and replaced with a new company that’s doing better. And you didn’t have to do anything!
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You just keep holding onto it and benefitting from the fact that you own all those badass companies.
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Kind of cool, huh?
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This is the power of investing during a recession.
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Well, that’s what it’s like investing the lazy way.
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Now, I know we could talk about this for a while… so here’s what I’m going to do for you.
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I am hosting aĀ FREEĀ class to help you learn about the importance of investing, even when the market is down, and how to do it in a way that is easy, automated, and lowers the risk for you.Ā
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I’m doing this for you, so I better see you there!
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Here’s what you’ll learn:
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Ā How the heck you even make money in the stock market
Ā What compound interest is and how it makes you money
Why most investors fail… but not you.
Ā How to save money on taxes…
And how to invest the easy way… NOW, not next year.
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You ready for this? Ready to get the help you need?Ā You ready to start investing even if we’re in a recession?
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It’s time to try something new, rather than trying to go at it alone.
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Let me help you. Because you deserve this.
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I’ll see you there, live.
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