Like most middle-aged folks, who are making retirement plans, we get disheartened checking our stock portfolios right now.
The market is in decline and appears to be staying that way for a while. The majority of analysts and economists predict a recession in 2023. We are all aware of inflation’s impact every time we go through a checkout line at the grocery store.
What other smart investments can diversify your assets and provide multiple sources of income?
Consider franchises that allow for absentee or semi-absentee ownership. Of course, you want to concentrate your search on companies that are thriving despite:
The current economic cycle
The bearish stock market
Rising real estate costs coupled with limited inventory
Increasing interest rates
Which politicians are in office
International unrest
Obsolescence due to the newest technology advancements
Amazon
If investing in a business appeals to you, book a chat with me to discuss the possibilities that fit your time constraints, investment parameters and retirement objectives.
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