Surviving and Thriving: Economic Downturn Strategies You Need
Channel: Munif Ali
Date: 2022-03-08

We're all scared for a recession because of the losses it brings that is why we need an economic downturn strategies. However, there's no one in the world who can precisely determine when a recession is going to happen. What people don't know is that there are hints all around you that point to it if it's going to happen or not. As in history and all around the world, the market goes up and down whether we like it or not. But even if a recession doesn't happen, it's great to be prepared for one. 

Today, I'm going to explain to you what a recession is, the difference between the economy and the stock market, and how history has shown what the trend of economic events are. I'm also going to give you tips on how to protect yourself against recession so that in case it does come, you'll be 100% prepared for it. Stay tuned!

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IMPORTANT MOMENTS IN THIS VIDEO
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00:00 How To Protect Your Finances In A Recession
00:48 What Is An Economy?
01:12 What Is A Stock Market?
01:30 Company Valuations And Losses
02:43 Market Volatility And Bubbles
03:25 Interesting Fact About World War II And The Market
04:04 Interest Rates And Effect On The Market
04:45 What To Do With Your Money Before A Recession
06:29 Recession Protection - Real Estate
08:09 Recession Protection - Focused Investments
08:46 Recession Protection - Consumer Goods

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ABOUT MUNIF ALI
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Hi, I'm Munif. I started out with nothing, no trust funds, no silver spoons. I grew up in the Projects and was raised by a single parent. I worked hard, won some, failed some, but learned along the way. I have founded multiple companies that have closed billions in sales. Now I'm here to give you real-world practical advice in entrepreneurship. No fake guru stuff, just pure honesty and a love for entrepreneurship, personal finance, and self-development.

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WATCH THE REPLAY HERE
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How To Protect Your Finances In A Recession
https://youtu.be/uHjz1OqZQuk

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#MunifAli #Finance #Recession