Podcast

How to be Greedy When Others are Fearful

By July 24, 2020October 6th, 2020No Comments

“Be greedy when others are fearful and be fearful when others are greedy.” Warren Buffett’s famous words are incredibly relevant now as we navigate this crazy covid economy. 

The turbulence of this time has led to hesitation, concern, uncertainty and fear. These emotions lead people to make irrational decisions, especially with money. It becomes easy to follow the crowd, but this is definitely a time to go against the status quo. 

Everyone is afraid right now, but the people who win in this economy see things very differently. That’s because there are massive opportunities in this type of market if you know where to look. In hard times there are two types of people, the fearful and the enlightened. What you lose or gain during this crisis is going to be determined by who you choose to be.

What opportunities are going to come out of this economy? How do we prepare for them? In this episode I share how to line up with and act on the opportunities that are coming our way.

Watch the Full Episode:

If people aren’t living the life that you want,
they can’t give you the advice you need. – Chris Naugle

Three Things You’ll Learn In This Episode

  • The investing strategy we should employ when fear sets in
    When fear sets in, stock prices will drop. This will be a great time to invest in companies that have a good track record of profits and returns. Real estate prices will also drop, providing us with the opportunity to buy low and grow our investing portfolio.

  • Why we shouldn’t expect instant opportunities
    Opportunities aren’t going to emerge suddenly, but they are lining themselves up now. After the 2008 recession, opportunities became clear in 2009 and 2010 because that’s when we really got to see the bottom of the market.

  • How not to lose money
    Don’t allow yourself to become fearful. We become fearful when we feel like our financial stability is at risk. To avoid this, buy low and sell high, and move your money into less risky investments.

Ready to become a Rebel Banker? Click here to learn more about Money School

FREE LIVE Event – Learn everything about how money works in real estate in this content-packed 2 hour session! Click here to reserve your tickets: https://moneyschoolrei.com/freeevent

FREE LIVE Event – Learn everything about how money works in real estate in this content-packed 2 hour session! Click here to reserve your tickets: https://moneyschoolrei.com/freeevent

Get Your FREE Copy Of The Private Money Guide: https://moneyschoolrei.com/book

Learn more about The Wealth-Generating Secrets Of The Rich, visit http://moneyschoolrei.com/masterclass

To access the video explaining The Money Multiplier Method, visit https://themoneymultiplier.com/, scroll to the bottom of the home page, click Member Area and enter the password bankwithbrett.


Leave a Reply

‘Tis the season for financial prosperity and freedom, and it's time to treat yourself or a friend!A special Holiday gift offer for you!

Click on the link below and unlock your ticket to:

• A year-long subscription to Money School TV
• A value-packed 3-day virtual event
• A copy of the Mapping Out the Millionaire Mystery book
• Some really cool swag!