Feedback from Rebel Capitalist - Preparing for Economic Winter
May 26, 2023•17 min•Ep. 127
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Episode description
I provide my observations from the many economists and investing experts we heard from at George Gammon's Rebel Capitalist Live and conversations I had with friends about a recent investment loss we experienced.
Episode Highlights
- Oil and gas investment that went south
- The importance of depending on oneself for wealth growth
- Preparing for financial winter as mentioned in the Rebel Capitalist Live event
- Focusing on durable investments like ATMs and self-storage
- Doubling the size of emergency funds and considering high cash value life insurance policies
- Predictions of a coming recession and high unemployment
- Importance of maintaining 40% of net worth in personal reserves and preparing for economic winter
Links and Resources from this Episode - Connect with Gary Pinkerton
- https://www.paradigmlife.net/
- [email protected]
- https://garypinkerton.com/
- https://www.aaronbchapman.com/videos/
- https://www.youtube.com/watch?v=oaRJeL0m-j0&t=1s
- https://www.youtube.com/watch?v=zASwmWIbp34
- https://www.youtube.com/watch?v=Qp8eiCNQbsk&t=38s
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