Is your spidey sense tingling? I don’t know about you buy my spidey sense is tingling and when that happens it means an economic recession is coming so how prepare for one? Loss of Job The worst thing that typically happens during a recession is people lose their job. In 2008, when the financial crisis…
Category: Risk Management
Risk Managing The Stock Market
I recently wrote about one of my favorite real estate investment mentors, Coach Carson and recently ordered his book. I highly recommend the book because it offers insights not just into real estate but the human condition. In Chapter 3 of the book, Coach Carson tells the story of Bob & Karen (minor spoilers) who…
Personal Finance and Risk Management 101
When it comes to money, Warren Buffet is probably one of the most quoted individuals and the one quote I see over and over again with regards to money is this one: “The first rule of an investment is don’t lose [money]. And the second rule of an investment is don’t forget the first rule….