The stock market plunges into a bear market.
Fears of the virus are shutting down industries.
Concerns about the health care industry are growing because people can’t even afford to see a doctor.
And of course, toilet paper is scarce because people are shitting themselves out of fear.
But one of the things that I learned when I got sober from alcohol about six years ago was to accept the things I can’t change and have the courage to change the things I can.
God grant me the serenity to accept the things I cannot change, the courage to change the things I can and the wisdom to know the difference.
And I want you to realize that in our economy, fear and greed are the biggest driving market forces out there.
But money is not emotional.
So relax and stay tuned, because in this video, I’m going to show you my recession proof business plan. Plus, five killer online businesses that actually thrive in a recession.
It’s important to remember that whenever we have a recession, despite the news, trying to freak everyone out, the fact of the matter is, is that money never really disappears.
It just changes hands. And while everyone out there is following the herd and running away from the money, you can actually get rich by running towards the money.
Let me show you what I mean.
Now, it’s important when you’re looking at a recession or depression to look at everything as a whole. For example, if we look at this 100 year chart of the stock market, we can look at when there’s recessions and depressions and we could see that we come out of them fairly quickly and that the average rate of return on the stock market is usually around 8 to 10 percent before inflation.
And the thing to remember is that the stock market is a long term game. If you keep your money in there long enough over time, you’ll average 8 to 10 percent.
But the problem with the recessions and depressions that you see on the chart is that people panic and pull their money out.
And whenever there’s a recession or depression, people are taking their money and they’re stockpiling it. And they tend to not spend on things they usually spend on and they tend to shy away from things that could actually improve their financial situation because they’re afraid.
And if you look at the numbers from the last recession in 2008, we could see that the majority of the gains went to the top 1 percent wealthiest Americans. But what about me, Marcus? I’m an average guy living paycheck to paycheck and I don’t have a bunch of money to invest. Well, there’s something that you can learn, too. And it’s called following the money trail, because as I mentioned earlier, money never disappears. It simply changes hands.
So what are the things that people actually do spend on during a recession? Well, judging from the numbers on the last recession, we could see that a lot of the money went to startups.
New startups came and boomed.
We could also see a lot of money going to discount services and discount stores, quite simply because people want to save money.
We also saw an increase in buying of alcohol and tobacco collection businesses. Were there either helping someone get out of debt or helping a business recover their debt.
And of course, loans and refinances always thrive in a recession. And then we have stock market speculation services where they have a service, where they tell you what stock to buy because they’re the all knowing guru that knows everything. Those always do well in a recession.
And then we have freelancers who thrive during a recession from companies looking to outsource work either to the U.S. or abroad.
And lastly, we have education during these times of economic downturn.
People turn to education so they can get higher paying jobs or a job at all if they’re unemployed. But how does this relate to making money on the Internet? Well, quite simply, when people get worried, they turn to the Internet for help.
And during a recession, you’re going to see searches spike for terms like save money, buy gold, avoid foreclosure, refinance passive income, bear market and bull market, along with many other stock market terms, recession. And of course, the Dow Jones. And in addition to these, you have a slew of millions of other search terms that people are going to Google to look for answers on.
This is where you can get in and get rich. You could simply invest in starting up a Web site, which will cost you about 90 dollars a year. And you can make a website about these various topics and do the research for these people and point to things that make you money.
For example, if this guy here is worried about debt or credit card debt or anything related to that, I could make a simple Web page talking about ways to get out of debt. And I could lead to things that pay me money like the foreclosure help form that pays over $10 a lead for the credit scores where they get a free credit score and I get paid $30 a lead or even a refinance application where if someone fills it out through my Web site, I get over one hundred dollars and there’s tons of ways to make money with this.
And this is my recession proof business plan, because these sites thrive when people are looking for answers.
And imagine what it’d be like to set up a simple little Web site and make 50 hundred, 300 or even a thousand dollars a day or more. And that’s exactly what I’ve been doing over the last 20 years. Even during the Great Recession. And while everyone was out there running scared or looking for a job or figuring out something to do, I invested my time in learning a skill that would help other people.
And I simply created a little Web sites on these topics and raked it in big time. And some of the markets that you can get into that thrive during a recession are the foreclosure help niche. A lot of people are looking for ways to save their home. And you can help them out. And many of them will fill out a refinance form or buy a book or get a loan or even just click ads on your site. Another niche that does really well. During times of economic downturn is help with bills and financial services. Now, this might seem complicated to you, but you could spend a few hours and learn a lot more than the average majority of the people out there. And then put that into a simple Web site and help people make informed decisions about their finances.
Because we all know there’s a lot of bad information out there. So you could provide something simple that people can actually use and cash in big time. Another market that does really well is news and updates. People are constantly watching the news and looking for updates on finances, on health, on all kinds of things, including the election. And there are simple little Web sites out there that link to where you can watch the news online and they’re making money hand over fist.
We also have credit card bills and loans where people are struggling to pay their credit cards and get loans and things of that nature. And you could lead them to credit consolidation services, how to get out of debt, books, programs, all kinds of things to help them with their financial situation. And of course, elder care is always a big market during these times because we have to take care of the elder people and make sure it’s financially affordable. Take, for example, this magazine that’s directed at that market. First of all, we see a big scare that lots of people are going to die. But even still, you need to buy a walker.
So helping people find information on how to take care of their elder family members is a very good market. And these affiliate offers pay really, really well. I’ve even seen sites dedicated to Walker reviews that are raking it in big time. And then lastly, bonus market number six is recession proof jobs. Millions of Americans are going to be looking for jobs during times of economic downturn. And we’ve already seen the layoffs start happening. Theme parks are closing.
The air industry is suffering and people are out of work. And again, remember, when people panic, they turn to the Internet for answers. So it’s very important to keep a level head, try not to freak out and do what you can do. Remember to accept the things you can’t change.
There are certain things in life I can’t change. I can’t control the stock market, but I can control where I spend my money. I can’t control if my job decides to fire me. But I can control learning a new skill where I can make money online. I can’t control where the virus hits next, but I can’t control my personal hygiene. That’ll help me not catch it. And of course, if you want to learn more about how to create a recession proof online business, check out recession class dot com and sign up for my training. We’re going to teach you all the things that I’ve learned over the last 20 years about how to make money online, even in an economic downturn. So hop over there. Join the class. Give us a thumbs up for the YouTube algorithm and make sure that you subscribe for more videos.
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