215: A Recession Is Coming

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3 • 602 Ratings

🗓️ 19 November 2018

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#215: The economic recession is inevitable. How are you positioned for it?

Recessions are awful. Jobs are lost, careers are thrown off-track, families are disrupted, homes are lost.

The U.S. is now in its second-longest expansion since 1857 (not a typo). It will end.

I define a “recession”, WHEN the next one is expected, and what actually happens inside one.

Next, I run the numbers and tell you about a recession’s destruction.

5-6 economic signals foretell the next recession’s timing. I discuss these signs.

Learn how a recession could actually be good for you.

Something is more important to you than the economy’s condition. I discuss.

Learn actionable strategies to insulate yourself against recession.

__________________

Want more wealth?

1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book

2) Actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my best-selling paperback: getbook.at/7moneymyths

__________________

Listen to this week’s show and learn:

02:25 Recession defined.

04:47 Timing of next recession.

07:35 Running the numbers on how a recession hurts you.

11:49 Five or six signals of a recession.

21:50 Actionable layer of insulation against recession: medical districts.

27:28 Perspective: other world problems.

29:18 Fears.

30:00 What YOU DO matters more than the economy’s condition.

Resources mentioned:

Videos: GetRichEducation.tv

Mortgage Loans: RidgeLendingGroup.com

Cash Flow Banking: ProducersWealth.com

Turnkey RE: NoradaRealEstate.com

QRP: TotalControlFinancial.com

Find Properties: GREturnkey.com

GRE Book: GetRichEducation.com/Book

Transcript

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0:00.0	Welcome to Get Rich Education. I'm your host Keith Weinhold. A recession is coming. Well, when is the recession coming? What does that mean to you and your investments? And what exactly is a recession and what are the signs that help predict one? Then we're going to discuss some actionable strategies to help protect you today on Get Rich Education.
0:24.7	MC Lobbcher is the host of the Cashflow Ninja podcast and president of producers' wealth.
0:30.1	He is on a mission to help you achieve financial independence and freedom as soon as possible.
0:35.3	He achieves this by integrating the infinite banking concept
0:38.6	with real estate investments to increase their returns and recapture cash flow that you are
0:43.6	not even aware of that you're losing. MC shares the number one strategy of investors in his
0:48.9	holistic wealth creation course at your own banking system.com.
1:01.9	Finally, total control financial gives you checkbook control of your 401k and IRA money to invest in real estate. It's time to get your retirement money into your own checking account,
1:07.7	but you've got to avoid the little-known tax that you'll pay with any self-directed
1:11.8	IRA. Instead, it's time for the QRP. Learn more and get your free copy of the QRP book by text
1:19.2	messaging, QRP in all capital letters to 72,000. Get Rich Education is brought to you by Ridge Lending Group, producers, wealth,
1:31.7	LaRata real estate, and Total Control Financial.
1:35.9	You're listening to the show that has created more passive income for people than nearly any show in the world.
1:43.3	This is the powerful get rich education.
2:00.0	Welcome to GRE from Chittagongong Bangladesh to Chattanooga, Tennessee, and across 188 nations worldwide.
2:07.5	I'm Keith Weinhold.
2:08.7	This is Get Rich Education and a recession is coming.
2:13.5	A United States recession.
2:15.3	So let's talk about this.
2:17.1	What exactly is a recession? When is it coming?
2:20.8	And what does that mean to you and your investments? To put it quite simply, a recession is when
2:26.7	the economy declines significantly for at least six months. That means there's a drop in five
	...

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