Episode 224: 8 Ways to Prepare for Economic Collapse

Valuetainment

Valuetainment Episodes

Business

4.8 • 1.7K Ratings

🗓️ 5 December 2018

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

How to Prepare for the Next Market Crash. Patrick Bet-David shares the importance of being ready when the market crashes and eight ways you can prepare for it. Subscribe to Valuetainment: http://bit.ly/2aPEwD4 --- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

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0:00.0	30 seconds.
0:01.0	One time for the underdder.
0:03.0	Time for the underdder.
0:05.0	Ignition sequence star.
0:07.0	Let me see you put them up.
0:09.0	Reach the skies, touch the stars up above because it's one time for the underdog one time for the
0:16.1	underdow I'm Patrick Badev your host of value team and today we're gonna talk
0:19.7	about the one topic everybody is so concerned about which is market crash
0:23.7	economic collapse is it coming and if it is how to prepare for it. By the way
0:28.2	before I get into explaining everything one of the facts I'm going to share
0:31.0	with you and I want you to be thinking about and answer it and see if you can get the
0:35.2	answer since 1926 till today.
0:39.6	1926 till today.
0:42.0	That's roughly 90-something years of the market. 92 years of the market. How many
0:46.7	years do you think markets been into positive? Out of those 90-something years, 92 years, how many years has the market been into positive?
0:55.0	Like I want you to say 22%, 43%, 68%.
0:59.0	What do you think it is?
1:00.0	I'm going to answer that in a few minutes before I get into.
1:02.0	So having said that, let's start off with definitions first.
1:04.9	Number one, everybody drops this word about crash correction bear market.
1:09.2	What does it really mean?
1:10.6	A market correction is when the market tanks by 10%.
	...

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