The 2023 Recession Just Started | DO THIS NOW

Let's discuss the possibility of a 2023 Recession, how the stock market has performed throughout prior drops, and what you can do to make sure you're best protected - Enjoy! Add me on Instagram: GPStephan

The YouTube Creator Academy:

THE 2023 RECESSION:

1. YOU WILL NEED TO STAY EMPLOYED.
In fact, just a quick Google search for “mass layoffs” gives you dozens upon dozens of companies who are trimming their workforce - and, as Bank of America warns: The Us Economy Will Soon Start Losing 175,000 Jobs Per Month. That’s why the largest financial losses will come from those who are unemployed, and don’t sustain their income to continue investing into the markets.

2. KEEP A 3-6 MONTH CASH RESERVE AT ALL TIMES.
For me, I’ve been using a combination of high-yield savings accounts that pay between 2.5-3.75%, as well as short term 3-6 month treasuries that are paying around 4.3%. That way, no matter what happens, I’m earning SOMETHING on my un-invested money.

3. THOSE WHO STATISTICALLY DO THE WORSE, STOP INVESTING.
Studies have shown that the average investor barely manages to outperform inflation, with a 20-year annualized return of just 2.9% - the reason is because they invest when the market is up, and stop when the market is down. Had they just continued to dollar cost average, they would've come out profitable long term.

INVESTING THROUGHOUT 2023:

First, when it comes to building wealth - it’s important to recognize that there’s ALWAYS going to be a reason NOT to invest. Conditions will NEVER be perfect, and most of the time, it’s best to tune out the news and continue on the same path, long term.

Second, Investing Isn’t A Game. 
At a certain point, you have to remember: if you are trying to BEAT THE MARKET AVERAGE…you’re either taking a carefully calculated risk…or, you’re making bets…and unfortunately…that’s a line that’s gotten way too blurred over the last few years. 

Third, overconfidence will DESTROY your portfolio. 
From everything I have ever witnessed…the MOMENT you think you’re smarter than the market and have it “all figured out”…you’ve lost. Because of that, it’s best to recognize that…the LESS YOU KNOW, the BETTER YOU WILL DO…because, you won’t overcomplicate the process or take unnecessary risk. For example, EVERY SINGLE STUDY shows that the MOST SUCCESSFUL INVESTORS just buy a broad index fund on a regular basis and hold for 20 years…that’s literally all you have to do…and, almost no one does it because it’s really really boring.

My ENTIRE Camera and Recording Equipment:

[matturner]

A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time.

[Codyhugh]

If he can endorse FTX that heavy and not do the research to see what the company was it really doesn’t make sense to listen to anything else he has to sell you on

[mateosantiago]

One thing people fail to do (especially millennials) is INVEST. I made my first million from blue chips and top etfs using a broker so i invested and re-invested my profits. I also acquired large amount of high-quality dividend-paying stocks too that gives me a solid base of passive income. ever grateful to Olivia Maria Lucas handling my portfolio, two years now and she still surprises me, she's actually the only person i know that's richer than me haha

[jenniferkyle]

Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180, 000 savings to turn to dust

[jaxmontana]

Gambling is bad but when you have companys like FTX out here robbing people it’s even worse 😂

[vashkarpalma]

And just like that FTX and Milennial money never happened.

[tampabayrodeo]

The Standard & Poor's broad-based index of U.S. consumer confidence has reached historic lows, primarily due to inflation and recession. The decrease in retail spending, home-building, and manufacturing output has led consumers, who play a crucial role in the U.S. economy, to reduce their spending on non-essential items like appliances and services. Despite the current market conditions, it is essential to encourage saving and wise investment decisions. As for profiting from the present market turbulence, I am contemplating whether to sell my high six figure ETF/Growth Stock portfolio.

[everglide]

well i don't really have to worry about a recession anymore because i lost all o fmy money in FTX. thanks graham

[averyAnCap]

Graham, how much did you make from the FTX sponsorship?

[Jerrytyler]

<<please what’s the best way to start earning as a complete beginner?

[chuck]

Thanks for the video. Still waiting on the FTX/Millennial Money coverage.

[danielvazquez]

Hey Graham, make a video on how much FTX sponsorship money you made and how you invested it!

[Salle]

Graham, when are you covering FTX/Millennial Money I do believe you have some unique insight in that.

[meterdeleter]

FTX, Kevin David… the list just keeps growing

[naomigonzales]

Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $250k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

[bawsercas]

I’m happy to see we are keeping the ftx comments coming in strong.

[lilsabin]

DO THIS NOW… But remember, not financial advice 🤣🤣🤣🤦🏽‍♂️

[erichkraetz]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated.

[mariaantwan]

Literally every week you bring out a video saying the same thing about the recession just starting!

[brabra]

You should donate your FTX money to a charity.