Money, advice for young people. source: taylor_money_
If you liked this, join our weekly Newsletter (link in bio) by The Closing Machines, with over 20k readers that covers all the newest trends and tips in the world of sales #sellmore #salesadvice #salestraining #coldcallingtips #coldcalling #objectionhandling #salescalls #salescoach
Avatar of closingmachines

closingmachines

2024-03-11 18:37:55

here's the one thing i wish i knew in my early twenties that what it made me way richer way faster
and by the way my name is taylor i got nothing to say i just love seeing people be super abundant in life
and today we're going to use a sand drawing to illustrate my point
when i was in my early twenties i used to think that the market was kind of like this and like this and like this and a little bit all over the place and no one knew what was gonna happen
or worse when a lot of people think is is just goes like this you'll never go wrong if you just invest in real estate long term
and in reality guys the market goes like this
it's very very predictable
it's cycles it does the same thing over and over and over again
these periods of the ups or the bull markets typically last seven to nine years
the one we're in right now is lasting an extra long time because of a whole bunch of fake money that was injected into the system
but let it be known this part is coming
and with that much more of a high than we'd have that much more to hit bottom
and the most important thing that i wish i knew in my early twenties
is that these periods rate here at the very bottom
it typically takes two years for a market once it starts crashing to actually hit the bottom
and if it's not abundantly clear wherever now is the beginning of the crashing
so if i was in my early twenties i would be stockpiling cash hoarding cash not trying to invest right away not trying to build a bunch of army airbnb arbitrage or passive income generation or just putting so much money to stocks that be ridiculous there is a time for reaping at a time for showing this is the time to start