3 investing ideas to prepare for a recession
There are a lot of ways for investors to build their own personal wealth. RSE Ventures CEO and Co-Founder and a recurring "Shark Tank" shark Matt Higgins, joins Wealth! to share some of his top tips.
In terms of investing, Higgins states: "Time is your friend. Time is the number one asset that all of us are given. It's a blank slate. We tend to treat time as our enemy or we waste it in the beginning. So to young people out there, you want to make sure you realize if you had put money in Google at the IPO in 2004, you would be a millionaire today with $10,000."
He also advises investors look for tailwinds that are "so strong that they are going to overcome macro headwinds." Some of those trends to watch are obesity drugs, energy due to AI power consumption, and copper.
Watch the full interview with Matt Higgins here.
This post was written by Nicholas Jacobino and Stephanie Mikulich.