POSTED APRIL 14, 2020
he last two weeks have brought an unprecedented amount of wealth destruction, nationally and globally. The Dow Jones had its worst loss since 1987, with economists saying the worst isn’t even here yet.
If you’ve been following Freedom Founders, you know I’ve been pushing hard for people to get into more liquidity for the next downturn. We knew it was coming, but we didn’t know when.
We didn’t know that it would be triggered by a virus mandating the shutdown of the entire global engine.
But here’s the point: On the other side of this pandemic, there will be opportunities to reinvest capital – in your business, and in alternative investments (our specialty). At Freedom Founders, we’ve been setting the stage for the next recession for the last three years, and we’re ready – locked and loaded with dry powder.
I don’t believe we’re going to come out of this pandemic into another 10-12 years of a bull run market cycle. But there will be a huge amount of opportunities, because real estate will be on sale.
Do you have access to the opportunities? Are you surrounded by a group that knows how to find them?
Last week we had a virtual town hall meeting for our membership community. We had over 90 people, including members, my team, and the real estate trusted advisors I’ve hand-curated over the years who have the character, track records, and relationship connections to make it through these downturns.
The rebound for those who are well-positioned is going to be huge. It’s the massive wealth transfer that happens every time the market cycles.
Where are you going to position yourself? Sitting on the sidelines, hoping for the best is not a good strategy. If you’ve been waiting for an opportunity to make a major change and up your game – you need to take action.
This multiplication opportunity will probably only happen once in our lifetime. Staying on the sidelines will leave you with nothing but regret. If you do something now, and take calculated risk, you’ll only have the upside ahead. Warren Buffet says “When people are greedy, be fearful. When people are fearful, be greedy.”
When there’s blood and panic in the streets (as there is now), be cautiously greedy. That’s our mindset in Freedom Founders.
1. Ready to Step Away?
“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training
2. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Member Advisor (Chris@freedomfounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 101 and leave a brief voicemail for Chris. Let him know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.