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:
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The current economic cycle
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The bearish stock market
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Rising real estate costs coupled with limited inventory
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Increasing interest rates
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Which politicians are in office
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International unrest
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Obsolescence due to the newest technology advancements
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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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