Does it feel like money’s drying up?
In some markets, it is…but that’s nothing to worry about.
Because there’s a truth about money that you need to know…
Money never goes away – it just flows to different places.
Take 2020. When “2 weeks to slow the Curve” happened, we saw some businesses explode.
Real Estate Skyrocketed – we bought our house in 2016 and it was stagnant until 2020 hit. Then it doubled in value almost overnight.
Home services exploded – people renovated, installed pools, and spent a ton of money updating their living spaces.
The Luxury car market also blew up. A Rolls Royce that sold for $170K shot up to $240K (I got outbid on the one I liked).
And now the markets are changing again…
Inflation is off the charts, consumer credit card debt is at an all-time high, and consumers are closing their wallets.
But money’s still flowing.
I just read an article from Barons about how the Repo Market is booming.
Companies are buying empty land to store all the repo’d cars that people bought using their Stimulus checks and now can't afford.
Why am I tracking this so closely?
I lost everything in the 2008 recession because I kept my head in the sand.
This time I am eyes wide open, paying attention to what industries are moving.
Just like how the money flowed into home services in 2020…
I’m watching to see where it flows this time.
I'm not 100% sure yet.
But when I read that article from Barrons about car repo’s – it makes me wonder how to capitalize.
And if you want to acquire some wealth in the next few years, then I suggest you identify what industries will be booming.
Then provide solutions they are willing to invest in.