How to invest during a recession
Recessions present a very unique opportunity for investing, and smart investors know that this is the single greatest opportunity to make money. So, what can you do to benefit? The Money Podcast has some suggestions.
I just believe that recessions are the single greatest wealth opportunity for wealth transfer that you're ever going to see in your lifetime.
This is contrary to everything that you will hear during a
recession and in this episode of The Money Podcast, Justin Harrison and Dawie
Bester explain why a recession presents one of the biggest and most unique
opportunities for creating long-term wealth.
Justin and Dawie also discuss which stocks you should be
looking at buying, as well as looking at some of the platforms that are
available to purchase these stocks on.
This episode provides an alternative perspective on the current doom and gloom in the market and is both thought provoking and educational. Listen to it below.
From 2007 to 2021, electricity has gone up by 753%. Inflation is up 134% during the same time, so that's more than six times the amount. That's just crazy!
Last week in The Money Podcast, Justin Harrison and Dawie Bester tackled electricity prices and discuss which appliances use the most electricity in our homes. Some of these may come as a very big surprise to the average person.
This episode provides actionable tips and advice on how you can reduce your electricity bill simply by changing your consumption habits and being aware of how you use electricity.
If you’re frustrated with your rising electricity bill, then this episode is bound to help you and provide a some clarity when it comes to understanding power consumption. Listen below - it's a 15-minute listen.
Exactly how much it costs to run an electric blanket or boil a kettle in South Africa? Justin Harrison's done the maths - check out his TikTok videos below.
@moneytribe21 How much to use an electric blanket in South Africa #fyp #moneytribe21 #southafrica #electicblanket #electricconversion #eskomsepush #eskom #power ♬ Ketseng - Felo Le Tee & DBN Gogo & MJ
@moneytribe21 HOW MUCH to BOIL A KETTLE in South Africa ??? #fyp #southafrica #moneytribe21 #eskom #eskommustfall #money #budget #electricity ♬ Salary Salary - Robot Boii & Mellow & Sleazy & Soul Revolver
Related podcast: LISTEN: Should you side hustle?
More about Justin and Dawie:
Justin Harrison and Dawie Bester are two self-made entrepreneurs on a
mission to help South Africans become better at money. They're involved in multiple business
ventures and share a common passion for financial education, self-improvement
and simplicity, and these are the driving force behind all their ventures.
Justin Harrison is the author of eight personal finance books; he’s a
serial entrepreneur, investor, wealth creator, popular TikToker and one of South Africa's thought
leaders in the financial technology space. He is a passionate South African,
father of three and avid sportsman who believes deeply that South Africa is one
of the best countries in the world.
Dawie Bester is also a personal finance author, personal finance coach, entrepreneur
and investor, and has been on the forefront of the digital finance revolution
for the last decade. He's a father of two, an avid sportsman, and believes
that South Africans can prosper with the correct motivation and
direction.
Catch them weekly in The Money Podcast with practical, down-to-earth
advice which you can take and action immediately. New episodes are released every Wednesday. If you would like to reach Justin and Dawie directly, please visit the links below:
YouTube
Website
We have dozens of episodes of this very popular personal finance podcast. If you're a new listener, find all The Money Podcast past episodes in the full channel below.