How to Build a Fortune this Bear Market
The Heresy Financial Podcast - A podcast by Joseph Brown
It's commonly said that money is made during bull markets, but fortunes are made during bear markets. Why is that? It's because at the depths of bear markets, asset prices are at their cheapest. People have capitulated and investors, especially retail investors, individuals like you and me, have sold at the absolute worst prices have gotten out, are scared, and are willing to take subpar prices for the assets that they own. And here's the truth. There are some asset prices that are already there, and there are other prices that will be there soon. This is the time to keep your eyes open, have cash, be ready, because asset prices are getting to the point, if not already there, where we are about to see the lowest, they will be in a very long time. I'm going to give you a few tactics, strategies, tips that I'm using to watch out for when to buy and what to buy.