013. 7 Ways To Beat The Financial Crisis

In this episode, I revisited Tony Robbin’s hit book Unshakeable: Your Financial Freedom Playbook Creating Peace of Mind in a World of Volatility. In one of Tony’s chapters, titled Winter is Coming, But When… he talks about the seven “financial freedom facts.” After re-reading that chapter, I felt great ease with the whole financial crash and downturn during this Corona Virus scare. I wanted to share this facts with you in hopes that it could empower you, give you courage, or give you the impetus to be bold during times of fright. This is an amazing time to be alive, and we should all embrace these moments because one day we’ll look back at this time period and think “Ah, it wasn’t that bad.Freedom Fact 1: On Average Correction Have Occurred About Once a Year Since 1900Freedom Fact 2: Less than 20% of All Corrections Turn Into a Bear MarketFreedom Fact 3: Nobody Can Predict Consistently Whether the Market Will Rise or FallFreedom Fact 4: The Stock Market Rises Over Time Despite Many Short-Term SetbacksFreedom Fact 5: Historically, Bear Markets Have Happened Every 3 to 5 yearsFreedom Fact 6: Bear Markets Become Bull Markets & Pessimism Becomes OptimismFreedom Fact 7: The Greatest Danger is Being out of the Market