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Category

😹
Fun
Transcript
00:00But no one could time that. And for people like us who are deal hunters, I'm buying typically
00:07at a bigger discount than a traditional market crash would indicate. If the market drops 20 to
00:1530%, I typically buy at between 40 and 60 cents on the dollar, which means even if the market comes
00:22down 20%, I should still be right side up because we're looking for deals. Right now, I'm probably
00:29going to make more conservative investments than I would have a couple of years ago. I'm not going
00:34to take as big swings because you can't count on that. Just I think real estate is a good place to
00:40put your money. Real estate, nothing happens. It just goes up. Generally, if you just do nothing,
00:46it's going to go up generally in America, unless you just bought super high. Even if you just buy
00:51land, land's going to increase in value or it's going to have alternative uses. It's buy real
00:56estate and wait. But even if you don't want to wait that long, if you look at the cycle since
01:00just since the pandemic, when people were like, oh, I don't know, it's a crazy time. It was crazy.
01:05I have people who are up $500,000 on their value because they bought in the beginning of 2020 and
01:11other people sat, bought later. They're still up, but they're up less. You just have to keep your eye
01:15on the market all the time and look at stuff.
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