The global financial crisis destroyed me in 2008. The years immediately after were some of the worst years of my life. I lost everything; or at least I thought I did.
As it turns out, I didn’t lose much at all (assuming you don’t count approximately $3 million in real estate equity and a couple of hundred thousand dollars in cash, as “much”).
I was in Vegas when Lehman Brothers folded… It was my birthday … and it was the first time I’d ever lost big there. I should have known something wicked was coming, but I didn’t. So when my consulting contract didn’t get renewed, I didn’t panic. I kept doing business as usual. When my tenants defaulted on rent, I kept paying mortgages. A year later, I still had $50,000 plus in the bank … enough of a cushion.