Some of you may have heard some noise in the media over the past week about the small dip in ...
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Prosperity vs Financial Turmoil
June 5, 2009
In over 2500 years of economic history, never has a bear market not been followed by a bull market. So why do people think otherwise today?
Instead their fear should be directed at those who believe taxing people that create jobs will lead to more job creation. If you believe this, I have some oceanfront property I want you to buy in Wahoo.
Get the picture!?
History is littered with tragic examples that prove my point:
Take Spain in the late 1400's. Back then Jews were among the wealthiest members of Spanish society. Spain's rulers saw the Jews' wealth and claimed it as their own by confiscating everything they could get their hands on. Most of the Jews left Spain and set up shop near modern day Turkey in the Ottoman Empire.
Actions have consequences so what happened next is no surprise.
The emerging empire went on to experience never-before-seen levels of prosperity while Spain was plunged into an era of financial devastation.
"But Roland," you say. "What does this have to do with my finances today?"
Everything!
See, what we are experiencing in the present day can be seen one of two ways: 1. The opportunity of a lifetime (for those who understand what is taking place and know how to take advantage). 2. Or, it's the beginning of long decline of personal struggle for those that do not.
Your choice.
Some people will come out of this recovery with more profits than they could have imagined while others will be forced to adjust to a much lower standard of living - i.e. learn the rules and play to win.
Recessions are fun to study but not to live through so our job is to help as many people as we can get through this in the best shape possible.
If it's been awhile since you last attended our seminar series, now is as good of a time as any to visit us again. The only cost to attend is your time and what you will gain is greater piece of mind, which may be the best investment there is today.


