The Market Goes Up. The Market Goes Down. What?!?! (Mindset)

This week, Donny highlights an informative diagram of a market cycle, "the Cycle of Market Emotions." Interestingly, this breakdown characterizes the different phases of market cycles as emotional states. From the excitement or "Optimism" one might feel entering a market at its peak to the hopelessness or "Depression" that comes from trying to salvage an investment in a crashed market, today, we get to contextualize the ebb and flow of industry in terms we can feel with a little help from the Foreclosure Deals Coach. 

Realistically, this diagram can be applied to any industry, but for our purposes, we'll focus on how understanding this concept is key for foreclosure investors as they analyze their local real estate markets. As we always say, the deals are out there, so our job is to equip you with the mindset to effectively identify the current state of your market so you can prepare for the inevitable shift.

Here's a link to the article Donny mentioned in today's episode:
Housing Demand May Have Started To Bounce Back From Coronavirus Impact