SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Get the report on Harvey Brody's Answers to a Question-Oriented-Person

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #2  
Old December 15, 2018, 11:11 PM
Dien Rice Dien Rice is offline
Onwards and upwards!
 
Join Date: Aug 2006
Posts: 2,434
Default Recessions could mean good profits... for those who know how!

Quote:
Originally Posted by GordonJ View Post
What about the stock market? Are in for another crash? Do you care?

What will 2019 bring our way? Well, more of the same, for sure, and some surprises. As noted, no one is suggesting me for psychic of the year.
Hi Gordon,

I believe we are on the brink of a world recession.

The Trump tax stimulus was like a short-term jolt, it stimulated things... for a while. Companies spent their tax savings on buying back their stock - which made the stock prices go higher. But it was a short-term thing...

The trade war is going to drive the world into recession. It's true that China is hurting the most (as intended), but everyone will hurt to some degree...

I don't believe the trade war issues will be resolved.

A recession could be bad for your 401(k) (retirement plan).

But also, recessions mean new opportunities. As I mentioned elsewhere, I know one person who's positively gleeful about the prospect of a recession. A recession, to him, means he makes more money than before! So he's not worried at all...

When you know how to do it, there's no need to worry either! There are businesses and activities that make MORE money in the bad times, than they do in the good...!

Best wishes,

Dien
Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | The Great Ideas Letter on CD | Hotsheet Profits | The Art of Leverage | The Success Report | Persuade via Remote Influence | Writer's Friend (software) | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine) | The Fly Low Collect Dough Update Hotline

All times are GMT -4. The time now is 09:23 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.