Here is how we cultivated a recession proof business plan. From hoarding cash all these years and avoiding the market to working out the predictions that we thought the market would end up at.
First and foremost that we might sound braggy but that's not what we are wanting to do. Instead we are wanting to educate what we had done throughout the last few years that have proven to be very successful for our businesses that we have. Our businesses are still going to take a hit during these times, but we prepped ahead of time especially in real estate.
We always say, that it's good to invest right and this is what we mean. You'll hear us talk about the properties that we have here in Ohio. We have everyday people right now renting from us that could end up losing their income and eventually losing their means for living where they are presently. As stated in the video, we could lose about 50% of the people where they are and still be ok. It's because we invested smart.
As we look to the future, we start thinking of the impact that is going to be happening for real estate. The FED just dropped rates a half a point, and they're expected to lower rates even further, which happens to make Real Estate a lot less expensive to own.
Black Swan Events don't happen often but our parent company is going to thrive and prosper during a time like this and took a moment to reiterate to people within the company that working with us is going to be ok during a time like this when there is a big question mark happening with the way the economy is going.
More is going to come of this as each day the markets are either up or down, but that is the nature of a bear market. Stay tuned to us as we work to bring valuable honest content as we can.