Storm Coming – With Tyrone Shum
Welcome to the 124th episode of the Alternative Investing Podcast!
In this episode, Tyrone and I unpack some preparations you can make in turbulent times so you can weather any economic storms that come your way as an investor.
We cover:
- Making Tough Decisions When You’re Not Emotional
- My Opinion About Predictions
- My Insight About the Market Now
- Preparations for an Unexpected Event
- Additional Things to Consider in Preparing for Turbulence
- Client Case Study #1
- How to Reduce Exposure to Sudden Property Investment Opportunities
- Client Case Study #2
- Final Thoughts
If you’re an investor who wants to be prepared for whatever the market throws your way, then make sure to listen to this episode!
Connect:
Website: https://www.inkosiwealth.com/
Facebook: https://www.facebook.com/iamSalenaKulkarni
LinkedIn: https://www.linkedin.com/in/propertystrategist/
YouTube: https://www.youtube.com/c/FreedomWarrior
Show Notes:
00:00 Intro
00:55 Making Tough Decisions When You’re Not Emotional
02:30 My Opinion About Predictions
05:08 My Insight About the Market Now
07:03 Preparations for an Unexpected Event
10:05 Additional Things to Consider in Preparing for Turbulence
13:14 Client Case Study #1
19:00 How to Reduce Exposure to Sudden Property Investment Opportunities
22:30 Client Case Study #2
25:52 Final Thoughts
26:36 Outro
Tyrone and I are back unpacking some preparations you can make in turbulent times so you can weather any economic storms that come your way as an investor.
Connect with Tyrone:
Twitter: https://twitter.com/tyroneshum
Website: https://propertyinvestory.com/
LinkedIn: https://au.linkedin.com/in/tyroneshum
Instagram: https://www.instagram.com/propertyinvestory
Facebook: https://www.facebook.com/tyroneshum
Q: Can you give us more context about making tough decisions when you’re not emotional?
- Our theme at the conference was headwinds and wealth building in high turbulence.
- Many big things are happening in the world now, and the ripple effects for those will be significant.
- One of the jobs as an investor is how you position yourself in that smaller group who managed to ride the turbulence out and not be completely wiped out.
- I think the pressures in the economic environment intertwined with the rising emotional state of many investors is creating a bit of stress that we may not have seen before.
- The underlying premise of the event was how you could prepare for the worst possible outcome in case something bad happens.
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