Recently it has come to my attention the massive amount of talk that is currently going on about our country’s economic state. People seem to be increasingly AWARE, but less informed than ever before. I think we are at a crucial time. There are so many issues and challenges which must be considered before making wise investment choices and considerations over the next decade. I have information that can and WILL change you/your families financial future, and if we don’t talk about it, you could be in serious financial jeopardy. The issues of our decade are fast approaching. The risk of loss looms greater than ever. I’m going to outline a few of these challenges-
“Ask yourself: does this seem like a pretty safe and sure time to make money? Do current events present more opportunity for gain or loss? Our economy is still struggling. Even after a series of programs designed to spur growth and create employment, neither has occurred. When will we end up paying again for the economic mistakes we have made and are still making? And it’s not just us.
- China is a bubble waiting to burst. They do not have enough water or food; 450 million people live on less than one dollar per day. They have approximately the same amount of Baby Boomers about to retire without the means to support them. Analysts predict the same things that happened here will happen to their banks, because of fake loan requirements in China.
- Japan has and will continue to struggle. After the earthquake and tsunami, Japan did not receive the same amount of aid that other disasters received, because of the perception that they did not need it. Demographically, Japan is the oldest country on the planet.
- The European Union will also face serious problems. Analysts predict Portugal, Italy, Ireland, Greece, and Spain (the PIIGS) will all surrender to their debt loads, and their fall will cause a domino effect. Germany, the world’s fourth largest economy, is also one of the oldest countries, with many more old people to support and not enough young people to pay for it. Germany will no longer be able to prop up the European Union. It will barely be able to take care of itself.
Finally, the findings in the 2011 DALBAR study are amazing. Even with one of the greatest stock markets in U.S. history from 1990 to 2000, investors in the S&P 500 earned an average return of only 3.83 percent from 1990 to 2010. That was without the four biggest economies in turmoil at the same time.” (Van Mueller)
What I stress to you, readers and clients, is that this DOESN’T have to happen to you! I can show you strategies to make absolutely sure you are protected from market volatility. If you’ve lost money in the past, wouldn’t it be nice for that to never happen again? Secure your nest egg, plan for your future, and do it today. If you haven’t started a plan yet- DO SO. Procrastination makes it that much harder to keep up because time works against you. If you have a plan, make sure you are allocated well, so you can be poised to take advantage of any market situation, not just if things go well.