Friday, January 23, 2009

So many places are closing and laying off. The news is depressing but it's also motivating. It gives me reason to try even harder to make my online presence known and to work to make my online businesses sucessful. An online shop can sit and wait on it's customers, for a while, without worrying how to pay the building rent.

Also I've been reading a book called "Rich Dad, Poor Dad" by
Robert T. Kiyosaki about how the rich get rich and how the poor stay poor. Aside from sounding like an infomercial at times, it does make some valid points. The way most of us are raised is to: go to school, get a good education, find a good job with benefits, work hard and put money away to retire. This book shows you that even though that's a valid path, you will never be considered weathy if you follow that path. Most of the suggestions to get out of that rat race can be beyond the typical American employee but not all. With the plethora of online investment opportunities that allow a person to buy partial shares of stock for $4 a pop (more or less), it puts investing within reach of most people.

"Why would you buy stock at a time like this?" you ask. Actually, with a little research and a little care, this is the BEST time to buy it. The stock market can still go down but the government does have the option of freezing it so the bottom doesn't drop out like in 1929 so that provides a little comfort. Eventually, the economy will turn around and start to get better and with it, the markets will perform better and the value of investments will rise.

So, while I work to keep the bills paid, and work to get the online businesses going, I am also going to research what I want to invest in and begin investing in it.

My advice for the day: "Don't ever pass up the chance to pick up a penny from the sidewalk, you never know when it will make a difference"

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