What You Need to Know NOW About Preparing for a Recession with Dave Huber

Dave Huber • April 22, 2022

“And Joseph gathered corn as the sand of the sea, very much, until he left numbering; for it was without number.” Genesis 41:49


Is your family prepared for a time of famine?
If not, how do you prepare? If the market does crash soon, what should you do?


During a recession a lot of people are going to get hurt,
but you don’t have to be one of those people


If you’re a little bit worried about YOUR money right now, let’s take a look at what happens to people who don’t store up–who don’t preserve their wealth.


Have you noticed grocery and gas prices going up?
(It’s hard not to.)


When inflation gets too out of control,
it’s bad. Throughout history there have been times when inflation has gotten so far out of control that it’s devastating to an entire country. People can no longer afford to buy the things they need.


During the USSR days in Russia, the Soviet ruble became so inflated that people had to bring barrels and barrels of cash–literally wheelbarrows of cash just to buy a loaf of bread.


Now, we’re not there yet, praise the Lord.


Today on the podcast I’m going to talk about what the book of Genesis can teach us about recessions, inflation and economic bubbles. 


We'll learn how to handle unusual economic times–and how you and your family can be prepared for them,
making it possible to actually prosper during an economic crisis.


In this episode I’ll cover

  • What “The Everything Bubble” is and how it might be affecting your family
  • Why what Joseph did in Egypt can teach us about economic bubbles and how to prepare for them
  • How you and your family can “during times of plenty store up for times of famine” 
  • How you can learn how to actually profit off of a recession


Listen to the episode “What You Need to Know NOW About Preparing for a Recession” now
!



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Show More
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Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
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If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
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Experienced traders know this: Sometimes trades go against you. It’s going to happen. And it’s normal. But here’s the thing you need to know: You only need to get 5 or 6 trades out of 10 right in order to be profitable, and to have the potential to change your life financially. The key to becoming profitable isn’t to have every trade go perfectly. They key to becoming profitable is to win big and lose small. And a good rule of thumb to shoot for is making a 30%+ return on a trade when it works, and only losing 8-10% at the most if the trade doesn’t work. If you want to learn more about how to maximize your gains and minimize your losses, join us for the next Unlock the Stock Market Challenge, where we’ll teach you the foundations of trading in just five days. 
Show More