Investing in Uncertain Times

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.

Our Nation’s Opportunity

I think most of us are all thrilled that the election is over. So much talk and spinning and of course the endless political ads can drive a person crazy. Not to mention those all too often mean-spirited personal attacks on Obama and Romney. So of course, there will be some skewed views about our President that will persist for a while if not until the end of his term but that kind of focus won’t do our nation any good.

What can we do to put the bad taste of the election behind us and move towards a positive future? To start with, we all need keep focused on what needs to be done. I would like it if you would click on this link and read this very interesting, and I think very accurate, article on the outcome and who we really elected as president.

The problem with most of the hostile messages I read was that they were long on sweeping generalizations and very short on specific facts.  I know there is a grand hope that is shared by the majority of Americans–that now with the election over, perhaps the two sides will act like adults and do what politics is all about. That being an opportunity to come to a compromise so that we can keep our slow recovery on track.

Our leaders need to realize they represent ALL OF US whether we voted for them or not, whether we are Democratic, Republican Independent or undeclared. This is not about competition. It’s about our country.

I hope you get something out of the attached editorial and maybe even share it with friends whether they were for or Obama or  not.

http://www.sltrib.com/sltrib/opinion/55227958-82/obama-republican-bush-tax.html.csp