Opportunities in a Downturn
We all have heard the saying “millionaires are made in a recession.” What is more accurate is that smart investors/business people understand those good financial opportunities exist in a down market and they know where to look.
We encourage our clients to look for drops in the real estate market in late 2020 and 2021, which will provide investment opportunities. We encourage our clients, when possible, to shop for stocks while they remain on sale. If you have some time to let the market work, a Bear market is a great opportunity. There may also be an opportunity to restructure corporate finances and assets during the down market that will ultimately save money as business resumes and financial conditions improve.
The opportunities available are personal and professional, and we encourage each client to discuss the opportunities and risks with a trusted financial advisor and tax planner.
