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Rainmaker
224,251
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

Means

Always striving to do good.

Mar 09, 2020 05:16 AM
Rainmaker
2,074,320
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

You should always be living below your means, saving, on top of your spending anyway. It's good business. When an agent or broker gets into this profession during a tough set of market conditions, valuable lessons are learned to prepare for the next, the one after that market cycle. Don't live in fear, that's not living.

Mar 09, 2020 03:30 AM
Rainmaker
4,061,975
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

There are those who constantly think of the "world" as a crazy place.  It's no way to live, let alone exist, in my opinion.  Be aware but don't be afraid.  

Mar 09, 2020 05:03 AM
Rainmaker
1,716,654
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

No.

Mar 09, 2020 05:35 AM
Rainmaker
985,552
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Risk-averse compared to what?

Mar 09, 2020 07:38 AM
Ambassador
2,584,156
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

No, not I.

Mar 09, 2020 06:53 AM
Rainmaker
550,691
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Every down turn in the stock market can create a buying opportunity.

Mar 09, 2020 06:53 AM
Rainmaker
882,857
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

More risk adverse.

Current events are going to be very, very disruptive for those living pay-check to pay-check.  After June, 2020, a ripple will be apparent in the real estate market place. Creating some liquidity could be a good idea.

Mar 09, 2020 06:30 AM
Rainmaker
1,874,550
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

NO! My universe is focused on my household, certainly NOT the global economy. The US economy is still roaring even if the stock market isn't. Hiring and employment are at new highs. My spending hinges only on my own personal economy.

Mar 09, 2020 06:23 AM
Rainmaker
1,398,458
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

There will and always have been:

 

Up, Down, All Around Lyrics

Mar 09, 2020 05:24 AM
Rainmaker
4,161,791
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Life goes on but you must remain aware of circumstances beyond your control!

Mar 09, 2020 05:02 AM
Rainmaker
1,380,923
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

The global economy has been hurting for quite some time.  That's one of the reasons why Brexit happened and why at least three other countries are looking at leaving the EU now.  Corona isn't helping matters any.  With all that said, I'm always risk averse and have compensating controls and risk mitigation in place.

Mar 09, 2020 08:09 AM
Rainmaker
818,807
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

The stock market (aka global casino) is going to present a buying opportunity.

Mar 09, 2020 07:25 AM
Rainmaker
468,799
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

No. The best time to act is when others are running in fear.

Moreover, Every business, entity, govermental group, club, household, country - everything is in some condition of operation and one should "act" with respect to the condition of that organization one is apart of. In other words as far as one's household is concerned - it's best to take actions based on the condition one is in personally rather than whatever is going one with the national or global economy. A small example would be say your income was taking a nose dive because you cut your promotion/marketing lines to economize because of the overall economy - you better get those marketing lines back running again regardless what's happening with the stock market or the price of a sandwich because that marketing is what was bringing your business. And when stats are down you better pour on the promotion (whether it's time or money or some of both) to get things turned around and going back up.

Mar 09, 2020 09:41 AM
Ambassador
3,037,764
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

No more than usual. 

Mar 09, 2020 09:21 AM
Rainmaker
2,634,637
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The economy says different things to different people & they act accordingly

Mar 09, 2020 09:06 AM
Rainmaker
6,547,259
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Yes. Our retirement funds have already been impacted.

Mar 09, 2020 06:47 AM
Rainer
175,354
Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Because of Covid-19 and the current oil prices I see a huge dip coming, possibly just a short term recession. I am curbing my spending for personal and for business.

Mar 09, 2020 02:32 AM
Ambassador
4,203,009
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Nothing has changed for me due to the ridiculous hype, Joseph. I tend to 'live' risk-averse due to having lived through the recession but, I still enjoy a very full life. 

I think making any changes is feeding into the purpose of the hype - a recession. I won't be making any changes and I hope the rest of my peers don't buy into the sensationalism either.

Mar 09, 2020 09:13 PM
Rainmaker
1,214,634
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I am the anvil that has worn out many a hammer. 💪😎👍

Mar 09, 2020 08:20 PM
Rainmaker
2,807,436
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Yes, absolutely.  I take measured risks always.  But, I will be a bit more cautious.

Mar 09, 2020 03:32 PM
Rainmaker
640,343
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

I'm going to appreciate life more than ever before.

Mar 10, 2020 10:05 PM