Search results

  1. J

    Incoming Recession 2022/2023

    Prepping was in style for a few years, remember watching some of those shows dedicated to it and some of the set ups
  2. J

    Incoming Recession 2022/2023

    :rofl::rofl::rofl::rofl::rofl::rofl::rofl:
  3. J

    Incoming Recession 2022/2023

    Agree with this. Interesting times ahead, best to prepare in all areas.
  4. J

    Incoming Recession 2022/2023

    Yeah, funny thing is some of the worst people with money are doctors and lawyers. Their finances are often a mess for number of reasons. There are plenty of people who just have good financial habits who aren't technically "rich" but they are very comfortable and in good shape. It really isn't...
  5. J

    Incoming Recession 2022/2023

    Seems most people want a short cut or cheat code when reality its lifelong grind. Usually decades worth of making smart decisions, continual education, constant adjustments and forming good habits. Even if someone gets lucky and gets it fast they don't develop the proper tools to manage it and...
  6. J

    Incoming Recession 2022/2023

    That is such a low percentage of people who get that head start, 80% of millionaires are self made. Just something I have noticed personally, those who just had it handed to them don't typically have the work ethic to do it on their own. There is a great book called The Millionaire Next Door, it...
  7. J

    Incoming Recession 2022/2023

    Some of that is just taking the initiative to try new things and the other is making the best of a situation. A lot of satisfaction for me also comes from being highly skilled and competent in what I do, that just takes time. I get a lot of fulfillment to in running the business in way that...
  8. J

    Incoming Recession 2022/2023

    Depends what your natural abilities and interests align with. If you are more hands on you can go with electrician, plumber, hvac etc. Call your local unions and ask how you get involved in those fields with school and apprenticeships. The trades have severe shortages and need people, wouldn't...
  9. J

    Incoming Recession 2022/2023

    You need to get into a field that pays well. I would say get into a trade school in one of the fields that pay. You're probably going to have to dedicate 3-5yrs to get to the level of skill to make good money. Nothing is going to be overnight but better to start now, time goes fast
  10. J

    Incoming Recession 2022/2023

    I worked at an investment management firm all though my 20's then in 2009 I got laid off due the financial crisis. I thought everything I worked for and my career was over. That next year I took the 70k to my name and started a business in healthcare in an industry literally knew nothing about...
  11. J

    Incoming Recession 2022/2023

    I am nobody special in the big scheme of things, just an average small business owner. Starting a service business is very obtainable for many and is pretty low risk. I have had many many set backs, its just having the persistence and stubbornness to push through. The problem with those actions...
  12. J

    Incoming Recession 2022/2023

    Hate to break it to you but stealing a box of frosted flakes and a pack of twinkies isn't taking a stand. It's low level petty crime with minimal upside. If you are going to do something criminal at least do something with high upside ROI. If you want to have actual impact, develop yourself in...
  13. J

    Incoming Recession 2022/2023

    What lol If you have anything to lose this is horrendous advice.
  14. J

    Incoming Recession 2022/2023

    Right, the world will always need skilled people and producers, can't enslave everyone for the world to function.
  15. J

    Incoming Recession 2022/2023

    Not everyone is screwed, just those that will be dependent on the govt and without the means to be flexible/relocate.
  16. J

    Incoming Recession 2022/2023

    There is another dynamic at play with this. Blackrock who owns a large share of just about every company is behind a lot of the corporate push, especially ESG. They are essentially another arm of the govt in many ways at this point. So it isn't only market forces pushing a lot of their decision...
  17. J

    Incoming Recession 2022/2023

    One thing that does seem pretty clear, the middle class is going to be gutted. Doing those sanctions on Russia was most likely the beginning of the end of having the reserve currency. Going to be a lot of opportunity though for those that position themselves correctly. Hopefully the values of...
  18. J

    Incoming Recession 2022/2023

    It's pretty crazy the overall mental shift that has taken place the past few years, it's a real issue recruiting new employees. Giving out all that free money was a massive mistake. Not sure what all these people are doing to survive
  19. J

    Incoming Recession 2022/2023

    Perfect example of this is the draconian lock downs in Australia. They recently took their guns
  20. J

    Incoming Recession 2022/2023

    Yeah, if there was ever a time to prepare, now is probably it. I bought a bunch of canned and dry goods right before we locked down with covid, when we had no clue what was happening. A lot of that stuff is probably bad now, need to inventory and replenish. I am in California too, we are having...
Top