Finance Tips for Economic Crisis: Utilizing the Wisdom of Ray Dalio, Tony Robbins, Sallie Krawcheck…

By no means am I financial expert. But I have read and listened to the very best, which includes people like Ray Dalio, Warren Buffett, Tony Robbins, Sallie Krawcheck, Mellody Hobson, Broke Millennial and others. This video is a quick summation of the core tips I’ve learned when it comes to finances which I share with you in this time of crisis so that you don’t panic. Too many people lose money because they panic. There is a way out of this. History has proven this. You too can get out of this and in fact thrive. To do that, DO NOT SELL YOUR STOCKS. Secondly, don’t invest in individual stocks to begin with. That’s called timing the market and it doesn’t work. Invest in index funds instead. Furthermore, always minimize your risk. Too many people talk about high risk, high reward. It’s BS. You want low risk, high reward—always starting with protecting your risk. Vanguard is a great resource to invest in index funds. And I recommend utilizing Ray Dalio’s All Seasons Portfolio: https://medium.com/understanding-money/the-all-weather-portfolio-2fe8694d4e7b. Tune in to my thoughts and afterwards, please comment down below with any questions or thoughts that you may have. Or hit me up on social media @PhilSvitek. I’d love to hear from you. Remember though, this is just a starting point to get you thinking. Check out actual experts and hear them firsthand.