Friday, September 26, 2008
Some simple advice for todays crazy economy. With financial institutions failing left and right and high gas prices its time we all consider what a gold mine the internet is. The marketing potential is enormous and the efficiency is supreme. WE can create the income we need right from our easy chairs by using specific programs. Right?
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Can you really make money on the internet? Just think if you lost your job but had this extra and passive income coming in!
Okay, I need to update my blog but have been rather busy. Think about the economy or the number of people losing their job and things look really bad! But I want to encourage everyone to look at all that happened in 2008 as a message in a bottle so to speak. The problem was drifting around for a good while until all these bubbles started bursting or floating to shore. Now that we know the question is what do we do? This is a wakeup call for many. You may say how is there opportunity I just lost my job and they forclosed on my house. You have to adapt or adjust to the economy and that means being your own boss. The dire reality of all thats happened is forcing you to look at those changes. If you don't adjust you will sink to the bottom.
You understand that there is time for you to do all that you need to make the changes that once again will have you in a comfort zone. But even then be prepared to fine tune what you do. We all really need to have multiple streams of income in case we lose one source or two. Be prepared and look at all the negative events that happened thus far as a blessing.
Let me tell you about a young lady I work with who has discovered how to pay and shop with coupons. Purchased over 30 dollars of merchandise and only paid a few dollars in tax. Amazing, but she has dicovered how to adjust to high grocery and consumer goods.
You will have to comeback next week to find out more about the coupon lady.
My next update will be in a few days on how to buy and sell stocks for the first time. I am talking about real Gold here so STAY TUNED!
Okay! So the dow jones dropped to it's lowest close since 1997. It can't go much further without imploding our economy which is already taking a wallop. Everything President Obama does has a negative effect on the market. So why do I need to know this? Because the market is so low it will give you a an opportunity to buy in with incredible stock deals. You can buy stocks like GE or maybe one of the banks that's not owned by the taxpayer and when the market rebounds and it will realize huge gains. Don't be greedy though because this is a buy and sell market. Buy low and sell high even if the sell is just 4 or 5 percent on a given day.
This is what the brokers do with your money to make them money and lose you returns.
Part II later this week:
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