SPECIAL WEALTH REPORT Key insights from those who always prosper during times of crisis (...even this one)
Times are tough, aren’t they?
The economy is
sick
Have you not seen the headlines? Politicians are arguing over how to solve the crisis
Almost looks like 2009 is going to be a tough year, doesn’t it...
We have
the
energy crisis
on our backs!
And as if things couldn’t get any worse... putting
oil
your money on prices is a gamble.
war
And the in the Middle East isn’t helping us much, either
Even Christmas looked a little bleak.
To top it all off... It’s getting harder and harder to hold on to... or even find a
job.
Wait up. What’s that date again?
Hold on,
lets take a look at everything again.
16 Aug 1974
15 Oct 1973
2 Jul 1979
12 Aug 1979
22 Jun 1970
7 May 1970
16 Aug 1971
9 Dic 1974
24 May 1971
Aren’t we facing the exact same situation today?
THINK about it...
war
economy
oil
jobs
recession
energy
G
oodness! People have been talking
about the same problems over and over and over... for decades on end! Here’s the point I’m trying to make. The media, you see, is in love with sensationalism. They need something to sell. Period. So they’re going make things sound like, well... like the world is going to end. And they’ve been playing this fear-based game since the 1970’s. AT LEAST. And you know what? We fell for it -AGAIN. Let me tell you why (and this is something that your economics professor will NEVER tell you). Here is the simple truth. There is no “the economy”... there is only your economy. Let me say that again... in caps... just to make sure you don’t miss it. THERE IS NO “THE ECONOMY” -- THERE IS ONLY YOUR ECONOMY. The media however wants you to believe that we’re all in this together. Hah! If that’s the case, how do you explain the fact that there were more millionaires created during the Great Depression than in any other era of American history? That’s right. More millionaires were created during the Great Depression than in any other era of American history.
Take a look at Sir John Templeton, pioneer investor and philanthropist. Sir John Templeton started his life poor, but became a billionaire by pioneering the use of globally diversified mutual funds during, you guessed it, the Great Depression.
Sam Walton, hailed as the best businessman America (or even the world) has ever seen, started his own business from scratch during the Great Depression. Not only did he manage to help his family through the depression, he changed the field of management. The legacy he left behind is none other than Wal-Mart.
Benjamin Graham, an American economist and professional investor, laid down the intellectual foundation for what would later be the cornerstone of value investing in 1931. Benjamin’s work was so great, that many of his students went on to become millionaires themselves. Well known disciples of Benjamin Graham include Jean-Marie Eveillard, Warren Buffett, William J. Ruane, Irving Kahn and Walter J. Schloss. Benjamin Graham had such a big impact on the now billionaire Warren Buffett, that Warren was once quoted as saying, “I’m 15 percent Fisher and 85 percent Benjamin Graham.”
All of them, and many others like them, prospered during the Great Depression.
THE MAGIC BULLET
How did they do it? What did they have in common? What was their magic bullet?
The answer is simple.
They did not let the media tell them what to do. They rejected conventional wisdom. They understood the simple and powerful truths of money. They knew the power of having the mindset of an ‘internal economy’ mindset.
Remember... There is no "The Economy." There is only "My Economy." And if "Your Economy" is suffering right now it is only because you don't know how to react to "The Economy."
my, ono c e ral our ene have The g y. the ch y re's we ea conom efinitel e h "T then nal e is d is and perso onomy nomy own eral ec Y eco gen ering. M suff t." a gre
T. Harv Eker, Motivational speaker and bestselling author of Secrets of the Millionaire Mind
So what is “My Economy”? “My Economy” is an internal economy that is simply a mindset. It is the mindset that says, “I refuse to participate in your recession” and instead chooses to see the “economic slump” as a great opportunity.
“I’ve been waiting for this day for 10 years”
“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”
--Warren Buffett, World’s #1 billionaire (Forbes, 2008), investor, businessman & philanthropist in response to the economic recession
Henry Ford, Founder of Ford Motor Company
It is the mindset of rising above the situation instead of allowing the situation to drag you down. It is the mindset that knows what you focus on expands. But it is more than just the a mindset. It is also about knowing what to do. Its process has proven time and time again to work -- even during times of crisis.
It is about the taking the RIGHT action.
The next 2 years will determine your financial future When faced with the Great Depression of the 1930’s, people like Sir John Templeton, Sam Walton and Benjamin Graham knew one thing. They knew that the years they faced right there and then would be the very years that determined the rest of their financial lives.
I don’t mean to scare you, but things are going to get A LOT worse than they already are. Huge fortunes will be made and lost in the coming two years, but remember - one man's garbage is another man's gold.
It was make or break.
There are HUGE opportunities right now that did not exist before. Huge wealth will be created, just as it was in the 1930’s.
And right now, you’re facing the same situation. Right now, the next 2 years will make or break your financial future.
If you were to look at the Great Depression in its first few years, it sure did look like there was not much hope.
However, when you zoom out and look at the bigger picture, it’s as clear as day that the “Great Depression” was in actuality fertile ground for new opportunities.
Soon enough, these opportunities blossomed, and the economy continued to grow immensely for decades after.
Right now, we’ve experienced a drop. A drop similar to the one in 1929 when the nations’ gross domestic product halved almost overnight. But history will repeat itself. RIGHT NOW, we have fertile ground to boost your wealth and stake your place in the new economy that will be rising.
Believe me, countless people are going to enjoy phenomenal wealth, the likes of which the world has never seen.
There are only 2 things you need for the next 2 years to achieve a lifetime of financial success Like I said earlier, it is a science that has been proven by many over and over to make money even during times of depression. I’m going to reveal to you the two most powerful secrets to control your internal economy and become rich.
Are you ready?
The first secret is...
1. “Specific Knowledge” The second secret is...
2. “Timely Action”
The people who thrived during the Great Depression had Specific Knowledge that they applied with Timely Action. If the millionaires of the Great Depression were here today, they would see this opportunity and jump right on it! But don’t just take my word for it... A July 2008 Forbes article reported that if Sir John Templeton was alive today, he would, amidst all the doom and gloom, have made his move right now. The Forbes article goes on to say:
Remember, thereʼs only 2 secrets.
Now that you know them, you’re well on your way to ignore the so called recession of “The Economy” and thrive in
“Your Economy.”
Please feel free to leave me your thoughts and share how you feel about Your Economy at my blog. I’d love to hear from you. You’ll also find at my blog a video I made about what I call the “Chicken Little Economy.” It’s my little anecdote that will not just put a smile on your face, but will be a heartwarming reminder to help you stay in control of Your Economy when it matters the most. Enjoy!
Towards Your Economy,