Clicky

Search:

Investing in Uncertain Times

August 4, 2024 by  
Filed under blog

The past couple of weeks have been a roller coaster in the news and it has left some people feeling anxious about the future. That can happen right before an election anyway because we feel uncertain not knowing who’s going to be in White House or what they might do. We have also been going through a couple of years of high inflation coming off the crazy time we had with the pandemic. So, it’s no wonder that some people don’t want to take risks, especially big risks with their money.

Investing your money will always come with some kind of risk. If it wasn’t risky, everybody would be doing it! But none of us would make much money if everybody was trying to do it so think of risk as a kind of filter that sorts out the people who can’t take a lot of risk or who just aren’t comfortable with it.

The problem for people who aren’t comfortable with taking some risks is that they can end up looking back and regretting that they didn’t invest back when they had the chance to really grow their wealth.

So, what I’m trying to say is, don’t be like the people that will look back in 3, 5, or 10 years from now and wish they had gotten into real estate income properties sooner. The sooner you can start investing in real estate, the more wealth you will have in the long run.

I’ll tell you one really true thing — politicians are not going to cure our inflation. They’ve not been able to do so since the beginning of time.  So don’t think that your choice for government leadership is going to reduce inflation, give us certainty in the stock market, or create a strong real estate market. Besides, now is actually a good time because you can benefit from national inflation instead of being hurt by it.

The thing is though, you need to know how to go about getting into these investments, because otherwise you’ll be making all the mistakes you really want to avoid. I know… I made a lot of mistakes when I got started. But you don’t have to make those mistakes that are only going to slow you down. 

My book, The Next Step to Waking the Financial Genius Inside You, contains a tried and true game plan to avoid many of the common mistakes people make when starting out and gives you specific knowledge to keep you on the right path.

You and I may be different in many ways, but I honestly and sincerely believe we have at least one common interest — that we live in a country with opportunity, and we have the means to make things happen.

I have tremendous faith in our American free enterprise system — as I hope you do — and I believe that your efforts can be so well rewarded.  If you stop and think about it, our economic system is geared to allow the ambitious to succeed. So don’t let the ups and down in the news get to you. Instead, get yourself the information you need to make you feel more confident that you can minimize your risks. Because America still is a country where a person can make their dreams come true.

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!