Podcast: Purpose-Driven Wealth Episode: Episode 100 - Mastering the Ups and Downs - Secrets for Wealth in Economic Cycles Market cycles, in the world of wealth management, is a hidden gem hiding in plain sight, but its utility is only for those who understands it in the right context and the right timing. In this episode of the Purpose-Driven Wealth podcast, Mo Bina welcomes back Akhil Patel, author of a new book, The Secret Wealth Advantage, in a very engaging discussion about Economic Cycles in the current context. In Akhil’s first appearance (Episode 28), they have discussed about understanding economic cycles and its implications for investors. Moving forward to today, Akhil gives a very valuable perspective about what to expect in the current market cycle, as well as tips for those interested in the real estate market. Here’s what you will expect in this episode: Key takeaways from Akhil’s new book.About The Handbook of Wealth Secrets.The main economic cycle.Where are we in the cycle now?A projection of the next major crisis.What can people expect for the remainder of this cycle?On the speculative phase for different asset classes.Building up a cash reserve and educating yourselfOn major blind spots in the current economic model About Akhil Patel: Akhil Patel is the Director of Property Sharemarket Economics, an investment research service that teaches subscribers how to ‘remember the future’ based on leading knowledge of economic and financial cycles. Akhil became interested in such cycles after his family’s business went through difficult periods during the major recessions in the early 1990s and 2008. He refused to accept the conventional wisdom that these events could not be forecast in advance. After much study, he decided to develop a body of work that would help people – whether they were investors, business owners or those just interested in doing something with their savings. With professional experience in the UK civil service and international development, Akhil has worked on a range of issues from reviewing large infrastructure deals to helping establish the UK’s £3bn International Climate Fund. He has two masters degrees (in finance and public policy) and a first degree in classics from Oxford. Akhil Patel Links: Akhil’s Book on Amazon.com The Secret Wealth Advantage: https://www.amazon.com/Secret-Wealth-Advantage-profit-economys/dp/0857198572/ref=sr_1_1?crid=13IWJ0YIHBKM8&keywords=the+secret+wealth+advantage+-+akhil+patel&qid=1692378476&sprefix=secret+wealth+a%2Caps%2C182&sr=8-1 The book site is: www.thesecretwealthadvantage.com Property Sharemarket Economics: www.propertysharemarketeconomics.com Free newsletter sign up: https://propertysharemarketeconomics.com/newsletter-property-share-market-economics/ Boom Bust Bulletin (entry level newsletter): https://propertysharemarketeconomics.com/subscribe-to-boom-bust-bulletin/ LinkedIn: www.linkedin.com/in/akhilgpatel X/Twitter: @akhilgpatel Connect with Mo Bina on… Website: https://www.high-risecapital.com/ YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured Instagram: https://www.instagram.com/highrisecapital/ Medium: https://mobina.medium.com/ For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index