bush has systematically destroyed this country financially and otherwise. our country is heading for a severe recession as a result of his failed policies. in the coming months, the stock market will come crashing down. mark my words.
cash is king !
The stock market will come crashing down, ...and fortunes will be made in the process!
Cash is King, ...but these days... what is cash? Paper money? Surely you're not refering to USD demoninated Federal Reserve notes? {rotflmao} they've got the buoyancy of lead balloons.
Better to refer to cash as easily liquidatable assets. Euros, Gold, Wheat, or some other such easily liquidatable assets for which demand will never wane. Get out of stocks and into commodities, ...unless you're a good stock picker (which most ordinary investors aren't) and know which position to take. It doesn't matter whether you go long or short, ...what matters most is the timing of those decisions.
In Real Estate the three critical factors you need to be concerned with are location,
location, LOCATION!When working the markets, just like Network Marketing, the critical factors are timing,
timing, TIMING!My best advice is to not purchase an investment asset hoping to profit from it in the future.
Ensure your profit margin is there when you acquire the asset to begin with.
In other words, don't invest $50K in an asset worth $50K and hope it appreciates.
Instead invest $30K in an easily liquidateable asset worth $50K.
Your profit is in place from day 1 and will give you a buffer zone to protect your money and get out fast if the asset starts depreciating.
In times of inflation, you exchange cash for things.
In times of deflation, you exchange things for cash.
There are Enrons all around us, ...and they'll soon start popping up like flies.
