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NetWorth
Michael Bordenaro
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Comments by "NetWorth" (@networth00) on "This Is THE ONLY WAY TO SURVIVE THE NEXT DEPRESSION..." video.
@tinaho1966 Same for any area. I bought homes in 2013; one for $40k (now worth $400k) and one for $21k (now worth $250k). These homes were in Tennessee.
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@jjred233 But NOBODY had money to spend in 2008. Tons of people lost their jobs. It just felt like it would never come back around. You only know how bad it was if you were an investor before and during those years.
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In the 2008 recession, homes dropped so much that you had NO equity in your house and stocks tanked over 50%... then nobody had any emergency fund. Do people really have emergency funds outside of those two things? People need cold hard cash.
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