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Right before a crisis, I highly encourage staying away from speculative investments. This includes bets on stocks, *following* trends vs anticipating them, flipping real estate and anything relatively short-term. If it’s not going to last in the long-term, it’s not for me. I also encourage staying away from turn-key real estate, move-in real estate, or market-value multifamily real estate. Unless you can get something off market, most are going to be heavily overpriced prior to a crisis – this includes real estate funds and ETFs. Finally, only invest where you have a competitive advantage (as your primary investment strategy). Keep your money safe and stay safe yourself.
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❎I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them — DO NOT make buying or selling decisions based on Kevin’s videos. If you need ANY professional advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575.
This is not an advertisement of property for sale and any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.
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