GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Jaspreet Singh

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.

Its when things are OK.

facebook sharing button

Lets seehow you’ve got the option to get rich off a recession, according to Singh.

Be Prepared for It

Seeing the opportunity isnt always easy, Singh said.

He then rented it out for $600 a month.

twitter sharing button

This might seem like a no-brainer deal today, Singh said.

Singh showed how this is not always necessarily true.

A similar scenario happened when the Covid-19 pandemic hit and the economy went into a tailspin in 2020.

linkedin sharing button

This is now the recipe to build wealth, Singh explained.

Because now you keep investing your money.

You dont need to wait for a recession to start investing.

email sharing button

Thats how average investors become millionaires during recessions and far beyond.

That requires you to have a financial education, Singh said.

That requires you to be prepared.

And that requires you to know where you should be investing.

More From GOBankingRates

Share This Article:

The Latest inMoney