Who do you know who knows what is going to happen in the
next 30 days?
No one and I mean NO ONE, from the President, to the
Congress, to all the financial experts and the leaders of the world have any
idea of what is about to happen in the world's economy. Let me repeat that: NO ONE! I am sincere when I say; they, and please add
me to the list, have no idea how to fix
the problems we currently face. This is
all new territory with many challenges that have never been addressed. There is real danger for everyone.
The world will face tax issues, healthcare issues, demographic
issues, inflation, natural disasters, excessive volatility, and many challenges
too numerous to list in this short email.
If you really think about it, I am sure you will admit that no
one has the answers. So tell me, has
uncertainty served you well in the last decade?
If no one knows what will happen, should you be playing it
safe or should you get aggressive with your money? Do you have a strategy in place that will
protect you from these unknown events.
Is it possible to develop strategies to take advantage of future events?
Simply put, having a relationship with a financial advisor
could not be more, and never has been as, important to you as it is
currently. That advisor also will not
have the answers to the problems discussed, but if they are worth hiring, they
will have common sense, rock solid suggestions to help you weather the coming
storms.
One thing I suggest is finding out where that advisor has
their personal money. Do not just take
their word for it, ask to see some statements or some sort of proof. You know the old saying - "Trust but
verify."
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