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Crisis Survivors
Description
Crisis Survivors
Investing is like running blindfolded on a plateau. The closer you get to the cliff, the richer you get, but you might run off the cliff. The more you learn, the further away the cliff edge moves, but the market can bring the edge closer. We talk about how this example relates to the Great Financial Crises and other bubbles in history. We talk about the companies that survived a crisis market and are still around today. What methods or spinoffs will be created from the next crisis that will lead to another large company?
How do you know what to invest in? Different people may need completely different things to reach their goals. We talk about how we made some of those decisions for ourselves. Eric has even created a booklet, Making a Fortune Investing, that talks about some of the questions you need to ask and what you need to think about when deciding for yourself where to invest.
There is too much debt to income in countries today, including Japan and the US. This can not go on forever. Now is the time to prepare yourself and your family to survive the next crisis. Use the information in this show to make your future a better place!
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