PROTECTING YOUR FINANCIAL SECURITY IN A VOLATILE ECONOMY
"These days, I'm less worried about the return ON my money than I am about the return OF my money." Those words from Will Rogers, the Cowboy Philosopher of The Great Depression, strike a familiar chord today, as millions of Americans try to deal with the economic two-by-four that clobbered us this past year.
So, what can we do to protect our money in these rocky times? A lot! As we weather this current recession, we should look at the two goals of (1) protecting the assets we have and (2) getting back to the business of building additional assets for the future. Here are some suggestions:
Final thought to help put our current economic times in perspective: Today's senior generation, those 75 years of age and older, were born into the boom era of the 1920s, struggled through the 1930s decade of The Great Depression, followed by four years of sacrifice during World War II. Then, they came home and built the strongest economy the world had ever seen. In short, make your plans, map out your wealth accumulation strategy, and then take the ups and downs in stride.
READ OUR FINANCIAL
I get tremendous gratification from encouraging people to focus clearly on their future final success and security.
Larry Brasel, President