Recessions Make Millionaires

When you have a recession there is so much opportunity out there. During these uncertain times, people make irrational decisions because they are persuaded by fear. So what are the attributes that make wealthy people wealthy and remain this way? Your host, Nathan Birch, details why and how recessions make more millionaires than any market cycle.


Episode Notes

(9:00) How the wealthy think about money.

(11:55) Scarcity mindset vs abundance mindset.

(15:12) The biggest wealth killer: FOMO.

(18:26) A buyers’ paradise, a sellers’ nightmare.

(19:00) Glitches in the market.

(20:52) Smart investors do not buy at the top of the market.

(22:18) When interest rate rises, rent rises.

(26:09) Nathan Birch’s $299 RAW and Uncut Mentoring Program (valued $3000).

(27:52) We are in a hyperinflationary depression.


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DISCLAIMER: Any views expressed by the podcast host or any guest are their own and do not represent the views of b Invested or any of its related companies, or associated organisations or any of its employees. This podcast contains general financial information, general educational information, and is for entertainment purposes only. The information contained in the podcasts does not consider your objectives, financial and or legal situation, or your needs. As such, you should always consider if the information is appropriate to you and your needs, before acting on it. Always consult a licensed and trusted financial planner, legal practitioner and appropriate and relevant experts. We cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Any examples given are for illustrative and entertainment purposes only. Past performance is not a reliable indicator of future performance. b Invested and its related companies are NOT qualified tax accountants, financial (tax) advisers, financial advisers or legal advisers and its podcasts are solely for educational and entertainment purposes only.

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