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Updated about 2 years ago on . Most recent reply

User Stats

276
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1,197
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Grant Shipman
#1 Legal & Legislation Contributor
  • Rental Property Investor
  • Estes Park, CO
1,197
Votes |
276
Posts

What is a recession? It's returning capital to rightful owners

Grant Shipman
#1 Legal & Legislation Contributor
  • Rental Property Investor
  • Estes Park, CO
Posted

There's a lot of discussion/learning on what is a recession compared to a correction and if we are in one. 

Ultimately, a recession only means to you what you make it mean.  

During a strong economy, many people can make money as long as they are good at selling.  During an economy's darker times, is when those of us with solid businesses will stand out and excel. 

It's also a time when those of you/us who want to start or buy a solid business will stand out and excel. 

ps- by "business" I mean all of us with rental properties.

  • Grant Shipman
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