Even amid inflation and recession worries, there are opportunities to build wealth, top-ranked advisors say

[Personal Finance]

CNBC FA 100 ranked advisors say they don't know exactly how today's uncertainties will shake out. But there are definite reasons for optimism and opportunities. ...

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[Shaffy]

This is the time when wealth is made because everything is down and cheap. Sadly, most people don't even have the money to invest in the market and the inflation leaves little opportunities to save money.

 

[Smiles20]

I have always told people that there is nothing like a bull market and a bear market because there is always opportunities no matter what. You just have to look for how you are going to get yours.

 

[Kane]

Actually, a recession is a great opportunity to build wealth. If you check how successful investors have managed to build a huge investment portfolio, you will find that most of these people started investing heavily during the recession.

 

[Abigael]

It is very true that even amidst inflation, there is still a chance to build wealth. There are so many opportunities out here, you just need to take a risk. This is the best times for businesses to spend well, reduce debt and increase sales.