#138 The 4 Step Process To Dominate During A Recession

12/19/22 • 10 min

1 Listener

In this episode, Dr. Pete Kim will provide you with the four-step process to dominate during a recession. Throughout history, there are proven strategies that have risen during a downturn to take advantage of the current economy. After all, the greatest transfer of wealth happens in downturns or recessions, and these happen cyclically.

The value of being prepared is that when others are scared or paralyzed, you can be ready to be in the zone and take advantage of the maximum financial opportunity that happens during downturns.

Here is a 4-step process to dominate during a recession to take advantage of what’s happening around you.

We talk in depth about all of this and more in our course–Passive Real Estate Academy, which will give you access to our Platinum Investor Club. Want to learn everything about investing in real estate with confidence? You can grab your seat right here!

The value of being prepared is that when others are scared or paralyzed, you can be ready to be in the zone and take advantage of the maximum financial opportunity that happens during downturns.

Here is a 4-step process to dominate during a recession to take advantage of what’s happening around you.

Previous Episode

#137 5 Steps To Move From Risk Averse To Risk Manager

Are doctors really “risk averse?”

In this episode, Dr. Peter Kim will provide you with a 5 step process to move from being “risk averse” to a “risk manager” to get the outcome you want.

Physicians utilize the risk-benefit ratio daily to help you process the level of benefit received for the decision made. To be risk averse is about the caution you take, which may cause the inability to make decisions that require risk. Incorporating a “risk averse” nature into your identity affects all areas of your life: family, entertainment, investments, and being an entrepreneur.

Listen to this podcast for the 5 step process to move you from the identity of being “risk averse” to mitigating risk and managing it well.

Join us in our Facebook communities, such as Passive Income Docs and Passive Income MD.

Next Episode

#139 8 Ways To Protect Your Family's Future

In this episode, Dr. Peter Kim will explain the 8 ways you can prepare and protect your family's future, otherwise known as estate planning.

Although discussing death and making plans for your family may initially feel uncomfortable, doing so can reduce your anxiety about the future and provide you clarity as you decide what's essential to you. Most significantly, it aids in safeguarding and supporting the ones you cherish.

Listen to this podcast for the 8 things you can do to protect your family's future.

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