US Economic Problems on the Horizon: Part 2
Apparently a lot of people were upset about my last post about the economy and future problems. Its true that the American economy is at the top of a boom. And everything in economics (and life) happens in cycles: booms and busts, success and failure, summer and winter.
But there is one force that is more powerful than the boom and bust cycle. Its the power to create our future. Many people believe that the economy is the master of their destiny. They say, “My business is not doing well because the economy is bad.” Or, “I can’t get a job because companies are not hiring.”
Those ideas may be true in general for the economy, and they may be true for the average individual, but they don’t need to be true for everyone. We each have the skills, intelligence and tools to create our own future. If people are not buying a luxury product because the economy is in recession, then find a less luxurious product that people are willing to buy.
It is much easier to make money when markets are going down, anyway. There were more millionaires made during the great depression than in any other time up to that point in history. The question to ask is not, “Can I make money?” The question to ask is, “How can I make money in this economy?”
Opportunity is unlimited. Any 14 year old kid with a laptop can go to a cafe, get free internet access, build a business and compete with any huge company including Dell, Microsoft and Google. And that kid can start and own a business and become the richest person in the world. There is no shortage or resources. Only a shortage of ideas.
Investors and savers are concerned about the economy as well. As gas prices go up, food prices and everything else that we buy increases in cost. The government says, “inflation is low.” That’s fine that they say that, but it is not true. They make up all the numbers, anyway. If inflation is low, how is it possible that the price of food, housing and fuel have doubled in the last five years?
So, everyone with their wealth invested in mutual funds is seeing their value go down with the market. People with savings in CD’s and money market accounts are seeing the buying power of their money disappear because they are making 4%, but inflation is 14%.
But that is for average people. You are reading this, so you are not average. You can do something better, smarter and safer with your money, if you choose to.
Many of the above problems gave us the motivation and desire to find solutions. And the solution that we found is a way to make money no matter which way the markets are going. And, to do it safely, or at least more safely than any mutual or index fund.
Our finances, as with anything in life, can be made just the way we want them. The challenge is to find strategies that can make it happen. We believe that we have created the strategies to help millions of people throughout the world achieve their financial dreams.
Related posts:
- US Economic Problems on the Horizon
- Are the Country’s Economic Problems too Big?
- Inflation: The Silent Financial Killer
- Top Five Financial Mistakes Made in this Economic Downturn
- Automated Trading and Economic Turmoil
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is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
