the murmur about the economy, money, and worries surrounding Greece in particular, and Europe in general. In talking to alot of people, I find that very few even understand what “the Greece situation” means to them — or what’s actually happening. But what IS clear is that most people are feeling uneasy .. they’re feeling anxious. That there’s something lurking in the water out there. Cue the “dum dum…” music from Jaws. The hairs on the back of your neck standing up .. fearful of that invisible threat. I’ve been a student of the economy and investments for many years, and I’ve become fascinated with where we find ourselves economically in the world. What’s amazing is that we’re living through one of the most significant shifts in the history of our world — and yet most people don’t really seem to “get” what’s happening. And of course, as it happens with every situation where massive change and chaos occurs .. there are both huge risks, as well as opportunities. In the background, I’ve been working on a new project for MONTHS that I believe will help people really get an understanding of what’s going on economically, and more importantly — how to respond and not just protect against the risk, but to actually prosper from it. To that end, I’m in the midst of creating some new articles, videos and training all around the subject of MONEY. How to attract it, how to grow it, and how to keep it. And I would LOVE to hear your thoughts on what would be most valuable for you to learn and understand when it comes to investing, money and the economy. There is a LOT of fear, misunderstanding and anxiety in the world today based on where we are economically. Here’s the bad news: the chaos and uncertainty is NOT going away. Here’s the good news: there is a TON of opportunity if you know how to see it and capitalize on it. And that’s what I want to help you do — and the first step is really understanding WHAT is on your mind when it comes to money, the economy and your financial future. So please tell me, and I’m excited to help you get the answers YOU need to start making better and more confident decisions with your money. Here’s what I would love for you to do .. Below in the comments, please answer this simple question:
178 Responses
I need to make money NOW! Not next wk or next month, I need to find employment that will cover my expenses and that doesn’t seem to be happenning.
Hear you Joy!!!
With (1) the changing international landscape, (2) Canadian businesses hording their cash and (3) being a baby-boomer … my biggest concern is the cost of borrowing – for home mortgages or for businesses. The value of the asset (the house) might well go down while the obligation (the mortgage) stays at the full value. How do I move forward with that kind of worry??
What is the best way to invest money in my business — is it in hiring people to do the work I that I need but others do better, taking classes, creating more products and services? I need a plan to systematically invest in my business to build wealth, so that my business has value no matter whose economy the world is worried about.
We have considerable investments and are very concerned about the safety and security of those investments. Who can you trust?
I am most concerned about the money I am putting into my 457 deferred account….am I just throwing money out the window and will I ever see it again.
HOw can I make sure to create a sufficient amount of value and wealth that will protect me through any crisis that may come no matter how rough it is? What is the best way to educate myself and become conscious of what I need to do to achievfe this?
Similar to Joy below. The biggest challenge right now is finding enough work in my chosen field/new business NOW.
Having lost a decent paying “job” and unable to find suitable employment to replace it I am now attempting to grow a new business with out much enthusiasm, no resources and lingering burnout from the financial stress of long term unemployment.
I am most interested in your Trusted Authority program and when it will begin
Greg, as a Greek who lives in Greece, I would very much like to know what “the Greece situation” means to you, as I truly value your opinion.
I would also like to know why you take for granted that “the chaos and uncertainty is NOT going away” and more importantly what could possibly be the benefit to the reader from broadcasting it.
Hi Angelo, I’ll be discussing what’s going on in Greece in a lot of detail over the coming weeks, since it’s the canary in the coalmine of what’s wrong with most governments in the world today.
Thanks for giving me the opportunity to voice my concerns. This is a global experience, that is now possible, because of technology. No man can do business, with out,The Mark of the Beast. For those that do not understand, it does not matter. But, for those that do, this is a very serious problem. Trade Mark, Copyright, Service Mark, Patents, are on all items. I realize, this is my problem, therefore, I refuse, to do any work, that requires a Mark. I am a Bible Student, and I see this happening every where. People do not comprehend what this means. We are all guilty of this. Sincerely, Jay Ed Moore
I have been underemployed for several years and my husband unemployed for 17 months. the 401k is only going to pay the mortgage so long. how do over-50s get past the age discrimination in a job hunt? i changed careers… and my husband is healthy, fit, outstanding at his IT sales profession; hiring managers love him by phone, then when they meet him, it’s like he’s diseased.
How can I connect to my highest potential outcome and sync up with what is really flowing on a global level to initiate my greatest opportunity to thrive financially and physically and upgrade to the next level while adding maximum value to myself, those around me and the global scene as it is unfolding and will be in the future.
What???
The big thing is how long can we go with this mountain of debt? Will our money just fade away? What is the best money to have? How can you keep from running out of it. I fear that I will run out of money and be left out of everything.
the biggest question is HOW? How to create cashflow, how and where to invest, how to make sure money will always be in enough quantity so that we can do anything else more important than working for it?
and by the way, I LIVE IN GRECE!
baby boomer anxious 401k and the black shadow of greece and the rest of the EU,what should we do
I may have a solution – have left a comment above. Mail me
There are solutions. I may have a solution on offer. Comes with a little bit of effort, and it does work. Without effort and a little sweat nothing will happen.
If you want something different – you have to do something different, and if you want what you’ve never had, you have to do what you’ve never done.
Can most definitely provide you with a link.
My contact mail address is [email protected]
I am generally not concerned because we, my husband and I, are in the fortunate situation and mortgage free. My business has some investments which others would call debt. Since I joined your program my business took off in a manner that I just can say, I am one of the luckiest person on earth. I also believe that being afraid causes exactly the situation which we don’t want and are afraid of. Of course I have to stay on my toes and work hard but the peace of mind I experience lately helps me to think straight which again gives me great ideas how to improve my business. Thinking positive results in positive outcome. Please don’t misunderstand this as “I don’t care”. I care a lot and help others also through my business. My daughter lives in Switzerland and I have all my relatives but a couple in Europe. So far I managed all the ups and down in my over 60 years of age and I will take this as it comes, with positive attitude because this can turn into something very beneficial for all of us.
Wise comments from Rose! We need more like you!
I certainly don’t have it all figured out yet, and I am not financially stable yet either, but I work really hard and passionately in my business (coaching small business), and I believe wholeheartedly that we cannot, MUST NOT, focus on the doom and gloom reports all around us. They do not serve you! First, I don’t believe they are accurate (many based on speculation and naysayers),and second, they are often from sources that depend on negative reporting to make money or have an audience. We must focus on abundance, gratitude, flow, generosity, and being part of what’s good, not joining the downward spiral.
Greg, I believe you are a great source of positive and informed articles for your tribe.
I would like to know what kind of investments are sound right now. What type will maximize financial gain with minimized risk!
Facebook
I am wanting to create several streams of income as i am moving away from a good job and profit sharing program i see that i can do better to reach my goals. I am learning Real Estate from a friend of yours. I also am looking into an on line business, an investment in short term stocks and helping to start up businesses for up and coming students with a passion that will help the world. To reach my goals i am moving fast, but on the other hand with all the information in cyber space what are the pitfalls i should avoid and how can i recognize who is selling bogus information? As i incorportate under a federal ID# should i place these businesses under the same umbrella as branches?
How to position myself to benefit from, and not be a casualty of, what is certain to be a massive devaluation of the U.S. dollar (inflation) due to the massive printing of dollars over the past few years. Beyond myself, what will be the impact on society? How will that change the world as we know it?
makin more money available to me thro what i love doing or using my money to work for me wisely
Increasin my income to cover my outgoings
When countries allow their God ordained sovereignty to be corrupted and rejected, then free-fall chaos WILL reign. Investment, and storing up wealth for a future will only further exacerbate the melt-down, and become worthless. What value now the drachma and peso when it has been surrendered to foundation-less euro. The only economic salvation is to reverse the trend to store up wealth, and instead support one another with services and income flow. Surely true wealth is found in flow, not stagnation. If income is to replace capital hoarding for our livelihood, then the best business practice is in true multilevel network marketing, where each shares a little with the many and no one is isolated in fear in his ivory tower. Prosperity lies in the flow of sharing, and giving, not in hoarding. Our world does have enough resources for all -it just needs equitable redistribution.
You’re correct that our world does have all the resources it needs – it’s about distribution. Great point.
WE depend in our business that the US economy does not collapse like in 2009.We export auto parts to your country what to do if a recession starts?
Another collapse is a very real possibility, and you need to be preparing in case it does occur again. Europe is a sign of more problems coming!
The GFC and now the European crisis mixed together with too much negative media exposure has frightened most people on the planet to the point that they are now hording money and reducing their discretionary spend. Top this off with banks not lending for business growth and the result seems to be that we are all living with self imposed austerity like the Greeks SHOULD be. This does nobody any good as when demand drops, supply start to dry up as well which means fewer jobs and the result is another major depression. Being in the hospitality business we are finding it harder and harder to make sales. Lost of lookers but very few buyers. My question is how do we get people spending again?
Obtaining any sales. More times than I care to count in the past year I have had false buyers that either turn up their noses at what I am selling or turn out to be simply advanced brokers that are trying to flip the contract and delay out closings until a new buyer comes along and takes the contract from under me.
Should I be getting out of my real estate investments?
That’s not a simple yes or no question as it depends on a lot of factors – but we’ll look at what some of them are over the coming weeks, because that’s a great question a lot of people have.
My concern is that even though I may be able to achieve my personal wealth goals, how fulfilling or sustainalbe that will be if all our family, friends and neighbours end up in relative poverty.
It is unlikely that each of us who are to succeed, will be able financially to sustain our 9 or 10 neighbours who lose their jobs or means to an income.
If the West goes into a depression, those of us who remain here will all have to go through the hard times together.
That will be made that much more difficult if many high networth families decide to relocate to Asia to conserve, grow and enjoy their wealth, in the 21st century “Dream countries”
Greg, my only concern at this time is bringing in an investor to buy my property, 2 story house and 3 story bldg. here in Slovakia at the Czech and Austrian border which I am trying to sell for the past 4 years since my husband´s death so I can return to Canada. At the age of 64 and trying to keep the property in good shape on limited income that is a challenge. Slovakia is part of EU and here everyone is as scared as you can immagine to invest in something larger at this time. I don´t understand why someone wouldn´t want to invest into something when price of it is at it´s bottom. After all, slovak economy is in good shape mainly due to the fact that Slovakia is mecca of car industry in central Europe, several major car producers are here which is really something for the country of only 5 million people and a large US steel plant operates here successfully for over 20 years now among other various industries.
Yesterday I watched canadian news on internet and found out that Canada is working on free trade agreement with EU.
My biggest issue is trying to balance my lofty goals of being a multi-millionaire with trying to make enough money to get by. I know these 2 mindsets are very incongruent, and I feel that it holds me back. So my question is: How do I access a greater financial mindset, even if in the real world, I’m not making a lot of money?
PLEASE DO ME A FAVOR, Before you send me anything on Email, give me your qualifications one interenational and some Macro Economics, before you tell me your opinion on Greese and Euriope. I’m wiling but your are going to need to convicnce me it’s worth my time to even take the time. I’m reading, hearing and seeing a lot of BS on everything from the FOX News Propaganda Channel to even real mainstream NEWS that is playing to the masses to sell something; by “Rebels Without a Clue.”
Just let me see your background, OK? For example, I’ve been trading my own accounts personal and business since I was 30 in 1980. I’m now 62. I did merger & acquition in the Silicon Balley, created 10 year monthly payment schedules for Dept Service, with “monthly” adjustments for “Macro changes” in national economics.
And did you know that most Macro Economists (which I am not) called this past Crash in 1990, figuring that the IDIOTS “would” finally get deregulation passed?
What they missed on was that it was going to be world wide and hit Euroope heavy! Did you know that if you go back on the gold standard you’d collapse currency world wide, probably the world economy, that it’s a total hype and will never happen? Did you know that the only reason gold is so high is that China is the big buyer and will be floating the Yuan after the elections and they might need it if it devalues to greatly? And thereafter the gold market and the metals are going to crash? Did you know China expects this?
Did you know that everybody expects this to happen, except those who are trying to sell something contrary to this to the general public?
So I’m willing to listen. But give us something besides Hype if you’re coming on my email… And you’d better be good and if you are, I’ll listen.
Fortunately, if you don’t like what you receive from Greg, you can always unsubscribe. I’m hoping you will find that he’s a pretty straight up guy and actually knows what he’s talking about. I’ve been following him since 2008 and he’s been pretty bang on about a lot of what’s going on today in the world economy. Does that mean blindly doing everything he talks about – no, and he’ll be the first to tell you that. What he will do is try to provide context and data that will allow a person to make an informed decision. Hope you will consider what Greg will deliver and then decide if he’s someone you want to continue following.
Thanks Ann, I appreciate the kind words. And Joseph, frankly I don’t care if you choose to follow me. I’m not here to “prove” anything to you, only share my comments and views. Sounds like you already know (or at least believe you do) what’s “really” going on and going to happen, so congratulations for that. By the way, saying that “the only reason that gold is so high is because of China” is perhaps the most laughable comment I’ve heard recently. Between the companies I’ve built and investments I’ve been involved in, I believe I’ve earned the right to share my opinions. But to be blunt, I don’t enjoy spending my time with difficult people, and you seem to have a lot of anger and resentment for something. So go share it somewhere else, please.
Finding gainful employment that uses my gifts and rewards me accordingly. Being a baby boomer feels likes the walls are closing in all around me. Retirement (life) should be fun and prosperous but with all the global chaos it is anything but.
Hi Greg,
No questions and no need for any answers on this one. 🙂
At my actual age I know a little bit more than I should on how to do things. Even who does it and why, sometimes, gets to my knowledge as well.
However, I don’t apply those rules and seldom speak about them. Just post a few pages on my Portuguese blog. (Funny. My last post was about lack of memory from German in relation to Greece. History thing.)
So, as a kind of parallel thinking – or sort of – I truly believe that the real misery is spiritual, not economical.
The comments should be short and I won’t be developing the subject for that reason. It is just a thought, anyways.
Best wishes and success,
Paulo Teller
How can I best serve the world to adopt an abundance mentality vs a scarcity/gloom & doom mentality?
I have lost my home and am going back to school to get myself better situated in the near future. I have no job at the moment and do not know how to grow the money i have. i am concerned about the future job market, and the possibility of owning a home again. i have purchased silver and i am watching it go down each week (certainly not gaining at this time).
i guess my question is, having no background in stocks and options, what is the best way for me to get stable in this economy
Personally: How do I find the problem that people will pay me to solve for them?
Globally: How do we democratise economics (so that people not dollars get votes) and how do we introduce a tobin tax?
As hard as I’ve worked to undo my familial beliefs in scarcity and the evils of money things seem to get worse (on an appearance level) not better and I don’t seem to be able to dig out. I fought the IRS over truth and they used a bully pulpit to claim over $200K in un-owed taxes, my wife has encephalitis and is getting a small disability check while the hospital that mis-diagnosed her is coming after thousands of dollars. I spent 20 years in Mac IT only to fail to land another IT job 3 years ago, so at 58 I’m making $13/hour repairing computers. I do it well and people like my work, but I can’t support my wife and I on that kind of money. Ideally I need to be with her (she requires 24/7 supervision), but I have to depend on our married daughters for help. I believe that God is good and anything is possible, yet I don’t seem to be able to see past the swamp that I seem to be in.
Hi Mike, I’m sorry to hear about the challenges you’re facing. My best advice is to really focus yourself on determining how to increase the value you bring to the market. You’re being paid $13/hour right now, because you’re doing $13/hour work. You need to figure out how to use what you can and your energy, and deliver $30 or $50 or $300 per hour work to the world so you can get paid for it. I know this is easier said than done, but it’s really a mindset shift that has to happen first. My heart goes out to you, and I know there are a lot of people struggling today – it comes down to creating value.
MY single biggest concern is how to get the income from an investment made earlier to pay off. I invested in some land in Mexico’s Riviera in the Yucatan and awaiting a comsummation of the sale to bring a profit.
Marilyn Marx, PhD
I agree that the chaos and uncertainty will provide new and largely unrecognized opportunities. As a baby boomer who once had a thriving, 6-figure career, who’s lived through several ‘layoff’s’ now, has two sons in college, virtually non-existant savings, and is working hard using my best skills in my own business, my question comes down to this. What needs are emerging and will be most prominent, and what skills will prosper?
YAYAYA! TOLK TO US (THE POOR, THE ONE WHO DO NOT HAVE MONEY) HOW ARE WE GOING TO SURVIVE THE SITUATION THAT IS HERE NOW… NOT THAT IS COMMING. AND TALK TO THE PEOPLE WHO HAS MONEY TO DO INVESTING HOW TO TAKE ADVANTANGE OF THE SITUATION. INFLATION IS HERE… AND IS KILLING US ALREADY. SO I AM ALL EARS! AND CONGRATULATIONS ON ROSE POSITIVE MIND ACTITUDE. WHY WORRY IF WE CAN PRAY? GOD HELPS! DESPERATION IS WHAT IS NOT HELPING. WE LIVE IN AMERICA… BUT EVEN IN HERE THERE ARE PEOPLE WALKING IN THE STREETS WITH NOTHING! AND BRAINS IN WHAT THEY DO NOT SEEMS TO HAVE. TALK TO US AS MUCH AS YOU CAN ABOUT THIS TRIP TO UGANDA. THANKS! AIDA
Nothing! Unless one is really below poverty line and does not have money to buy basic food to feed oneself when hungry, the problem is the mind-game.
I am 60 years old and my bank has offered a loan modification on my home, should I go forward with the modification at my age or just rent?
At 65, I’m in a power wheelchair and have some difficulty typing. I want to create something that serves others and gives me enough income to save some and share some with even a few people around me who are falling through the “safety net” (that many here in the U.S.used to count on) — but can’t seem to find their way out.
What’s the highest value service or product that you can bring to the world? What knowledge, experience, passion or insight do you have that could tangibly help other people get what they want, or overcome something they don’t want in their life?
Orsome
Shortsales.
Are 401(k)s, pension plans and IRAs still the best long-term investments for the retirement? Or will the returns be so minimal over the next 20 years that we’d be better off emptying these accounts and buying real estate?
410ks and IRAs are NOT investments – that’s the problem. They’re just special types of bank accounts in which investments are actually HELD. So the question is really, are there investments you can put into your IRA or 401k or RRSP that are good, and the answer is yes. Problem is, most of the garbage that the financial industry is not intended to make you money, it’s intended to make them money.
I absolutely know that I have creative gifts that I can share and serve in my own business. My stumbling block is believing in myself, putting everything I’ve learned and know into practice… confidence that I can actually pull it off and be successful. I believe that the only way to be financially and otherwise successful is through my own business and sharing my gifts.
I am afraid that since I don’t currently have any capitol, I won’t be able to take advantage of any opportunities that come with the chaotic changes. I fear that I will see an America where we won’t have the means to eat let alone find ways to chase goals and dreams of entrepreneurship.
Right now the only “spare” cash I have is in my IRA. Currently, I’m using some of it to live on, have a hard money investment, and a chunk with a diversified investment that looks internationally (precious metals, currency, etc.). I also have been hearing lots about how the US is considering restricting or highly taxing any IRA off-shore investment. Question – should I cash out my IRA, pay the taxes (I’m currently in about a 15% tax bracket) and thus get my money off-shore before January 1, 2013? And yes, paying the taxes on my IRA would be a major stretch for me. However, it might also be the smartest thing I could do right now. So any insight you have on this issue would be welcome.
Great questions Ann. Alot of people are suggesting that capital controls are coming to the US, which is a very real possibility – which means that you are literally unable to take your money out of the US. I certainly wouldn’t suggest doing anything “all in” or “all out” right now, as alot of scenarios could play out over the coming months and years. I don’t believe the US is going to collapse overnight, but there is going to be a long, slow and painful decay of the US economy (and dollar) over several years. But before that happens, in the shorter term, the US dollar will actually gain strength (because money moves out of Europe) and there may be signs of a “recovery”. Any such signs I believe will be misleading, and temporary.
We are self employed. I believe God has always provided for us and we are doing well but the money flow and no savings weighs greatly on me. I don’t know how to get off of the wheel. I know things will happen and everything willl work out – I keep turning things over knowing they will work out but every month I am on pins and needles. We have debt but we do not miss any payments. I don’t like living like this.
Sounds like we are two of a kind.Self employed and struggling to survive after 30 years in business.God has blessed us and continually pulled us through some tough times.Just want to see a brighter future and some exit plan.
I can sympathize with what you are saying. There are solutions. I may have a solution on offer. Come with a little bit of effort, and it does work. Without effort and a little sweat nothing will happen.
If you want something different – you have to do something different, and if you want what you’ve never had, you have to do what you’ve never done.
Can most definitely provide you with a link.
My contact mail address is [email protected]
And I bet Greg has many solutions on offer as well.
Ramesh
Will bank notes be the currency we use?
Are we looking at a complete shift in the medium we use as financial currency?
Let me tell you a bit about me before I talk about money and financial future. I live here in Beirut Lebanon. I am a fresh graduate and I want to be an entrepreneur. My biggest question is how do I practice what I learn. I find myself overloaded with information and there is clear step step road to wealth. What I would like to learn is a step by step that works and that doesn’t overload me and gets me stuck in ANALYSIS Paralysis
I think that all this it is going to change our live because all the economy in the world is being conect with a lot of things between people the all countries
How can I start generating income with anew business idea while struggling just to survive working two minimum wage part time jobs in the #1 foreclosure and #2 unemployment state?
I’m worried about the effect on the savings I have. Will there be hyper inflation so my savings lose value? Is it safe in the Bank or should I have money at home for unforseen contingencies? Is money the best form of currency to have? Is Australia really weathering this crisis as well as the economists say it is?
I would say that it’s inevitable that inflation is coming (it’s already here in a lot of cases) and it may accelerate. So planning to “save” money is a bad idea, and one way to hedge against inflation is hard assets like precious metals. Canada and Australia are weathering the storm better, but a global storm is going to rain on everyone, so the impact will be felt everywhere.
Hey Greg,
I sent you quite a detailed email on similar enough stuff back on 15 December last. I know it made it to your staff but not sure if you got it.
Supposedly the Euro project was pushed through by France as their price for agreeing to a unified Germany in 1990. It was a more of a political project than anything else and it seems that Francois Mitterand or Helmut Kohl didn’t have a great grasp of economics. It’s a real messy situation at the moment with electorates in countries such as Germany and Greece all too willing to blame each other. The facts are that Greece did “cook the books” with the help of a well-known investment bank to pass the tests for Euro membership. I believe derivatives were used to manipulate their figures. But the major powers should have known better at the time. They just looked the other way. On the other hand, the German electorate don’t seem to comprehend the incredible benefits that have been bestowed on them from Euro membership. Their exports powered ahead as they received the benefit of a weaker Euro (some believe up to 40% weaker than the Deutsche Mark would have been). Their media is just happy to go with a simple cliché of lazy Greeks.
For Greece the short term future doesn’t look too bright. If they were to leave the Euro and default, the European Central Bank would most likely move to shore up the losses in the banks and pension funds that held Greek bonds in an effort to prevent contagion. Whether that would work is another question. For the Greek people, they would face a run on their banks (happening already actually), high to hyperinflation and as they don’t export much and it would take time for any benefits of a weaker currency to materialise – Greek holidays would be incredibly cheap. If Greece stays within the Euro, they face years of struggle to build a competitive economy – something their leaders should have done in the boom years but politicians like to hand out money and delay any hard decisions. As I mentioned in my previous email – fixed exchange rates between sovereign states is not practicable in these modern times.
If I was outside of Greece or the Eurozone, and I was looking at this from an investment point of view, I would urge caution on any knee jerk decisions that are made in haste. The bureaucrats who created this mess did so because they ignored some basic principles. Investing is actually not that hard to do well once you have a plan based on solid empirical data and you stick to it.
I would agree with you – it’s not that complicated, but you need to understand the fundamentals. As for Greece, it’s inevitable that they’re leaving the Euro. Mark my words. It’s not when, it’s if. And I expect it before the end of this year.
Hi Greg! Happy to know that everything was great on your trip!
My question: How can I build a business in a developing country as Cuba, where people have no access to marketing media such us Internet, and then I can not spread my message. thanks!
With so many artificial restrictions placed on you, creating a business like somewhere in Cuba is difficult. I would look at trying to start an online business where you can sell and market to people around the world, so you’re not trapped into the local/national restrictions placed on you.
How can I travel on road like you and impact other lives with my personal growth classes and at the same time earn my weight worth in gold? I am creating what I want to create from my heart and making it an offering to life. I am not seeing monetary returns.
Here in Santa Fe, NM
Alan
It’s about converting what you do into value that the world is willing to compensate you for. If you search for “Value Equation” on my blog you should be able to find an article I wrote about how to create value.
When can we take the statements or the analyses of money matters at their face value?
What I mean here is that money is the material gain and hence prone to human greed. This can lead to airing of motivated views in the public, which in turn would lead to increasingly diminishing credibility of such views. As corollary, the grenn grass also may suffer the fate of burning with dry grass.
Never! You have to do your research and always consider multiple sources. Ultimately it’s about coming up with your own conclusion, rather than assuming someone else’s as your own.
This is why probably finacial investment has not been able to penetrate deeper into the society, thereby provding a relatively narrower catchment audience and even narrower (passive) playing participants.
To what extent this may be affecting the markets to be away from being truly ‘free’ can be a matter of debate.
But, the fact remains, that (so-called) ‘educated’ players like Mutual Funds also therefore (some times!)amenable to ‘air’ of the market place and may tend to act in herd-style behaviours.
It would be too much to ask of a retail investor to diligently indulge in the extensive research. So thier choice is either to refrain from investing in ( from the perception of the individual) ‘risky’ asset class or depend on some one(s) who can be trusted.
So true – like do not stop researching – there are many solutions out there – and to find the one that fits and blends in with your lifestyle and modus operandi – then walla – the sweat starts – and without a tiny bit of effort nothing transpires.
In the aftermath of the Global Financial Crisis – On a Global scale, What is ACTUALLY turning around positively and What is still down trending?
I am trying to figure out whether to put my small business back on the market and I don’t trust what the Business Brokers say – they are biased. I am in Queensland and business sales crashed a year ago.
Hello Greg,
Thank you for people like you. Humans do not yet understand the power they have to make positive ( or negative ) changes.
Since everything is energy and there is only ONE energy source, this energy has to express either beneficially or detrimentally. Whichever energy gets animated has to express. We have to learn to consciously practice what we desire instead what we fear. Fear has to produce more fearful outcomes.
Holographic Psychology is capable of explaining the principles.
How do I best position myself for the upcoming financial turmoil, specifically within my RRSP as most of EVG content is not applicable within RRSP and TFSA
We’ll be talking alot more about that in the coming weeks!
how to keep our money from the usery of higher fees and taxation as city,state and federal goverments fail to cut there spending and look to the business community to take it from
Some good comments and questions below….many I relate to. I retired last year only to discover that my pensions are not quite covering my expenses. I have a sense that there are things that I could do to bring in more money without going back to a 9-5 job. I do have university students rent rooms from me which helps during the winter months but it is now summer……! I did make some real estate investments 5+ years ago but unfortunately, they are locked in until the properties sell. My portfolio, which is small, is gaining some but …… I am interested in looking at a good financial future and am meeting with a gal who is ‘holding my feet to the fire’ re: setting goals, looking at my unconscious relationship to money (ie what was I told as a child), my value system, etc. I am open to any and all info that I can glean….
It seems to be getting harder and harder to know what kind of investments to trust. I feel frozen and find it difficult to feel confident to put my hard earned money back in the game. So I need a tool to help get me back on track in this new world
Inflation/Hyper-inflation is coming, isn’t it? American dollars vs Canadian dollars vs real estate vs insert-other-here. If I have most of my savings currently in cash (and outstanding loans to others), should I be calling in all my loans and putting it into property/gold? How long will it be safe to have cash? I have a hard time seeing that being safe much longer… but the flexibility is there. Also I have money in both Canada and the USA, should I split it evenly for diversification? What about taking it all to Canada to avoid US turbulence? Is Canada truly safe compared to the US / why?
Good question Daniel. I would also like some input on this from Greg considering all the damage that Harper is doing to Canada.
Lots of questions! 🙂 Ultimately, inflation is here and going to accelerate. That means hard assets like precious metals and property make sense. The downside with property is that it’s value is connected to borrowing costs – interest rates. That means there’s pressure on property values when borrowing costs escalate, which inevitably is going to happen. The problem is we just don’t know when. I believe interest rates are staying where they are and low for the next couple of years as the US and Canada cannot afford to push them up significantly for fear of collapsing the economy. I think the US dollar is going to gain some more strength over the coming months, as Europe unwinds and money leaves the Euro. As crazy as it is, people still see the US dollar as the safe place when chaos occurs. But what WILL happen eventually is that people will NOT automatically respond with this belief, and will do something different.. and there will be a run for the exits away from the US dollar. When? I don’t know. 2 years? 5 years? Sooner or later? But it will happen. And at that point, precious metals will likely see tremendous price pressure. Canada is definitely safer than the US, but it’s about being flexible and understanding what’s going on so you can evolve as the economy does. There’s no such thing as a “forever safe” place to be with your money any more.
How can we best protect whatever income we possibly earn from the thieves in higher places?
How can I (a pensioner) stay conscious and aware and invite my highest potential to be manifested with ease and gratitude? I listen to what is said about the global situation and endeavour not to be pulled into the doom and gloom.
I’m concerned about making more money. I never have enough and i have a mountain of debt. I am sick and tired of working for someone else. I have purchased several marketing programs but I haven’t been able to come up with a business idea. Something that ignites that burning burning desire that Napolean Hill teaches about. I need help with this. Any ideas?
There are solutions. I may have a solution on offer. Come with a little bit of effort, and it does work. Without effort and a little sweat nothing will happen.
If you want something different – you have to do something different, and if you want what you’ve never had, you have to do what you’ve never done.
Can most definitely provide you with a link.
My contact mail address is [email protected]
my biggest question is how take what i know and what i do… what i am already quite successful and busy at… to a much higher level financially!
Dan, it seems that you already know and have what it takes so why to ask someone else what to do just to spoil it for you..
Funnily enough, I do not have any questions about my financial future. And even if I had them, I probably wouldn’t want to know the answers. I guess I’m too young (14-years-old).
Oscar, you are one lucky young man, just don´t spoil it. Maybe you can teach that to your parents and people around you..
Fortunately you live with your parents and you are well provided for. Responsibilites to provide for yourself is not a major priority unless you think differently, which will be a major plus factor in your life. To take the onus upon yourself to create a good income for yourself.
How do I protect and hide my little amount of security when it comes down to riots, banks closing and chaos?
By remembering that security lies within and that you are a co-creator of your reality. In other words, it’s your conscious choice to feed a world of chaos or awaken to a world of abundance. We are all in it and it’s that time of history where we can rise to a new consciousness collectively. It all starts with reconnecting to who you really are…
Well said Lukas, but people somehow forgot how to remember that, they would rather feed on collective fear and frensy. It takes guts, willingness and patience to stop negative and destructive thoughts and turn it around. One attracts the exact things that one concentrates on.
The fear of failure is keeping me tied down which is is wrong. I have products that i have created and the few people who have seen them really like them, yet i cant seem to launch it in my country not to talk of global launching. Could my age (47) be a factor or my past failures in business?
Oh dear..you have everything it takes to spring ahead and you let your past keep you down. Get help! Click to DeanGraciozi.com and watch and listen to his weekly wisdom videos (I am sure Greg don´t mind me say this) or watch these global self developement one hour talks with people like Christie Marie Sheldon, Ann Taylor, Mahendra Trivedi, Dain Heer or Rikka Zimmerman. These people help people on line to get rid of negative and destructive beliefs just using their energy and it works. It´s all free. Just do something!!! All the best to you.
How can I receive investment funds now so that I can take advantage of the unbelievable opportunities available?
I am thinking about the end of this year.What will be when it is finished?Will we have big change in currencies?
Where is the Truth, regarding the world-wide ‘economy,” in the Bigger Picture of it All?
Mivel senki nem mond igazat, így igazodni és elképzelni sem lehet mi lesz ezután.
Mindenki tudja ,hogy a pénz irányítja az életünket. ami soha nem volt még ilyen bizonytalan mint most.
Ami a legjobban aggaszt az az ,hogy mi lesz a gyermekeink és unokáink sorsa a jövőben, mert mi egy kicsit éltünk már ,de ők most kezdik megélni mindazt amit mi már átéltünk.
A virtuális pénzek tönkre teszik a világot sajnos.
The current ecomonic system is based on 1) never-ending growth, which depletes the finite resources of the planet and is therefore unsustainable, and 2) on ever-growing debt, which can never be repaid because the interest to repay the debt has to be created thus incurring more debt in a never-ending sipral.
How can the world find the imagination to develop an alternative to this monetary system when current ways of thinking are so firmly entrenched and how can we find the courage to face the testing times that may well be involved in switching to a different, more healthy monetary system?
Exactly my question too, Jiles! Thank you for writing it so well.
Greg, you are super inspiring! 🙂 I am not afraid for the economy, I think the breakdownn is necessary and good in the long run, but I have another fear:
I am an ecologist and even though I can REALLY see the hidden benefits with people feeling internal/ social/ spiritual abundance (hopefully making them see and be thankful for all they already have, stopping the greed that is based on fear/ feeling of lack), but I have a hard time seeing how and why we should aim for more of the external “money- and stuff”-based abundance that has led to the breakdown of the ecology of the planet. Isn´t it pure HEART LOGIC, to see that, for example, every person (and I guess the goal is for ALL to feel abundant, not just us in the already rich countries?) on earth CANNOT have a huge house, cars, severeal tropical vacations (by airplane) a year, and so on? Because it seems to me that THAT is where several abundance teachers are going, and I wonder if there is something I am missing here, or if these teachers are leading us in the wrong way that will NOT lead to the convertion to an ecologially sustainable society? This is what worries me the most right now about finances and money/ recources.
Greg, PLEASE help me understand this! I want to understand it! I am not fixed on being “right” here, I am fully open to have a “Aha”-moment, but so far I have not gotten if what some of the abundance teachers are saying, is that if we just believe in endless possibilities and abundance, natural recourses will suddenly, as if by magical manifestation, appear out of the blue and support a “business-as-usual”-economy that has, from my point of view, so far wrecked the ecology…
HELP ME GET IT! Am I completely off here?? Thank you! 🙂 /Helena from Sweden
I seek an alternative to the current monetary system, also. I’m very tired of being jerked about by the folks who control the Wall Street boys and girls.
Greg, i don’t envy your job to “help you gain more confidence about your future by sharing insight and content to help you understand what’s really going on economically, and then how to take control of their financial situation.” From what i seen thus far, I don’t think you have a handle on what is going on, so how are you going to fairly advise others? I would suggest you read “Conquer the Crash” Robert Prechter, then advise your tribe how to tap into their inner worth, regardless of the inevitable. Not only do the financial charts clearly tell us what is occurring, but also the planet has reached a state of entropy where the threshold is exceeded, and a major collapse in everything, including the markets is inevitable. It is like a “Grand Awakening” is about to occur for all of mankind. The big question is how we respond to that as we begin to transition to a new state of consciousness that has a much higher threshold than that which we are operating at at present. People need to be taught how to not react to what is happening, (which is inevitable), and learn how to keep their head high and respond to it from a position of their higher self. In other words… it is how what is happening effects us that is important. For people putting their trust in material wealth and gain… I think their time is up! Regardless of your background, real estate is NOT the investment people should be in right now. The banks have switched off the tap of money flow, which is about to cause deflation once again….like the GFC… and when energy doesn’t flow, it becomes stagnant. The banks and the large corporations are the affenders. They have created what history will see as the greatest Ponzi scheme in the history of the world…. and they are presently hoarding all the assets for themselves at the expense of the public. Injustice is at an all time high…. just reflect on the Facebook float. Classic example! So what is happening in the world will prove that, it is not what we do that brings us value……… it is who we are! That’s what this it is all about. Individuals will be forced to go within and discover themselves regardless of what is happening in the economy!
WOW…..well said Hoppie777 Like
Interesting – not sure where you’re getting your information, but when did I suggest you be investing in real estate right now? Your comment has too many incorrect statements for me to even try to reply to, but suffice to say if you don’t like what I say, then God bless you and don’t read my blog.
Greg, great response to that comment! I think that there is a major disconnect in the comments written above. Chaos creates opportunity for those who see it and who are not willing to get caught up in the negative.
Why is it a negative thing to see this as human kinds biggest opportunity to create a sustainable and fair system, seeing it as a chance to put more worth in such things as quality time with friends and family, healthy food, quality over quantity, clean air and water, caring for each other and the planet and other beings on it, instead of desperately haning on to a greedy, unfair system that values and supports
fast profit over the above?
Have you lost your mind? What we don’t need right now is a bunch of philosophical goobly gook. You should read what Gregg has to say a bit more carefully and refrain from such emotional hysteria. You miss the point on so many fronts my only response to your comments is thank God no one takes you serious. However, the precious resources you squander does have a pricetag. I can now say I know of one person in need of a “Grand Awakening”!
How can I find a secure savings/bond account to put money into regularly over the next 30 years to be able to secure a pension for myself when so many accounts have such low interest rates that they wouldn’t even keep up with the rate of inflation? Oh, and how do I do it when I’m living in Prague and only earning Czech crowns or occasionally British pounds going back to my home country account?
Hi Greg
We met at Max Simon’s event in San Diego last year.
My husband and I are business coaches/mentors. I’m Portuguese, he is English. We live in Portugal, the office is in the UK since 60% of our work is done over the net.
We say the US sneezed, Europe got a cold and we caught neumonia! Although the situation is not as bad as Greece ‘officially’, we are smaller, much more exposed to what happens around us and the apathy and gloom have taken over so the Government suffocates the small companies ( over 90% of our companies) and tax payers to be able to meet the ‘trika’ requirements and people don’t protest or react… it is sad and frustrating because there are viable companies that we could help that are hanging on to every cent, totally paralysed as if this was just a bad dream that will go away and there is no point doing anything until they wake up.
If we can help in any way we would love to – mindset and lack of action are the big issues here.
Okay time for a rant! The present and prevalent economic, and therefore monetary system is dictated by private central banks who operate a cartel issuing a facsimilie of money as debt. Watch carefully the “Money as Debt” documentaries on YouTube, also “The Amercian Dream”, and “Who is Afraid of the Big Bad Bank”. The current severe economic crisis has been engineered to bring about conditions that that will allow these banks to have even more control, just as other depressions have been contrived to justify further changes to the system which is in their favor. Can I also recommend paying close attention Dr Joseph Farrell’s website http://www.gizadeathstar.com and continuing blog. It takes a great deal of and effort to fully understand everything that is happening right now.
What does this year hold for my business.I’ve worked hard for 30 plus years only to be in a position of no retirement plan,living week to week,little savings for emergency fund,little hope.How can I provide for my family and at my age plan for my retirement?
Having read think and grow rich as well as numerous other books about wealth and money, having lived a bold and adventurous life full of surprising turns, I now feel, more than ever, that money is but ONE form of abundance and certainly have no worry whatsoever about investments, Greece or the global financial market. Indeed I believe we, as a human species, are in dire need to reconsider the very notion of wealth to include ethics and solidarity as fundamentals in every yearning for prosperity.
As to the school you opened in Africa, I havan’t accessed the details yet but understand your enthusiasm and sense of achievement, however I have come to think that WE should learn from primary peoples as they detain a knowledge that we seem to have lost.
I still believe money is a great MEANS to achieve many a dream or goal but have come to question those dreams and goals more objectively to verify they bring abundance for everyone and for the whole planet
Hi,
My name is Emmanuel from Uganda and my major question is how to manage finances. financial management has been my major problem. thank you and kind regards
What way or ways should I secure my financial future? I am a single mom with a one year old. I want to earn an income with my own schedule, making at least $2,000 or more a month. Please advise me where to start. Thank you in advance.
the question i have when it comes to money and my financial future is that i am
58 years old and sort of set in my ways, i guess. i am aware of the scan
artist out there and dont want to invest my money into anything risky.
and at my age, what can i do – i am starting to invest in real estate –
what do you think about that.
How to unite the innovation of those people I know with the techology & funding that’s here right now? Based upon the work of Peter Diamondis (The Book Abundance), I’d like to think of myself as a hub where innovation, technology & money align to produce outreach for everyone to have basic needs (food, water, clean energy, Internet access, healthcare) available. I’d like to resonate with my own abundance, what I bring to the table. I’d like to organize our greatness, cross-pollinate and integrate what we have.
In the UK what investment should I be in right now? What is the best income generating investment with not a large amount of money. Is my money going to devalue and not be worth anything in a few years. Many thanks.
How do I plan for a future when everything seems to be so uncertain. Political decisions being made in the US in the next few months will could have very different effects and that doesn’t factor in foreign events. You are very right somebody needs to clarify this for those of us less astute.
Hello Greg,
As an attendee of the recent Simple Wealth Live Event, I’m wondering when the new financial course that was discussed would be provided to myself and the other attendees?
Thanks very much,
Troy Steine
Hi Troy – it’s part of what we have been working on for the past several months. We’re going to be bringing it out over the next few weeks so stay tuned!
What is the bst investmnt wheels ,,,, is it real estate ,,,,, investing in oil, gold, minerals
I rent, no equity, have $20,000 in debt, have $20,000 in RRSP account from a pension plan waiting to be invested and thinking about taking $5,000 out this year to pay off some of the debt, I know nothing of the stock market and truthfully don’t like that game,
but secretly wish I could double, triple that #20,000. I am determined to have the debt paid off this year. I want to do have a richer life… meaning helping others, eating clean food, and not just always making ends meet, and then not to have to borrow money to pay the tax at the end of the year.
I seem to know alot of online business systems that would really change my financial direction RIGHT NOW, but it seems each time I take one step ahead in my entrepreneurial quest ,I take two steps back.how do I raise money to fire up my business?, I am running out of time, I have sold out nearly all my assets and the ones I have left, can’t really help the situation. my wife and I lost our jobs last year with a baby on the way, my son is now 6 months old and needs alot of our time, I have lost my productivity and my wife is tired of my online spendings that are not bringing in results. I have debts with most of my friends and family, I am running out of time. I need to raise money fast, BUT HOW?
(PS-Nice to Know you visited my country recently)
Greg love the stuff you are sending out on a consistent basis. My question is based on Commercial Real Estate: Do you beleive that the real estate market in Canada & USA and the world for that matter are poised for a melt down in the commercial real estate market like there was in the housing market colapse that has happened in many parts of the US? I recogognize places like Florida have already had many retail pockets hit hard but are these areas just the tip of the iceburg or do you beleive the worst is over or yet to come?
in the time we are in where jobs are getting lost . I lost one too .how do I keep my family safe and protect my family from getting into stress and tension
How I can take advantage of the great opportunities that are occurring in this global change? Specifically, what should I do? I would put my two cents doing business in a new way, helping to improve the lives of our people and preserving the planet and make many millions on the way and inspired many people and do the same, because what matters is that , life and the planet. I want to use the same means but with a different purpose. but I do not know where to start yet. All gurus offer you a system or method that works for everyone, but when it comes to you as they would help his younger brother, all converted into movie stars, do not have time to deal specifically help a beginner and less even if a foreigner like me who has certain barriers in English and in the unlikely event that a guru would waste valuable time guiding you step by step, it costs an arm and a leg and all this is understandable, how could anyone stop make lots of money just to help a beginner with very specific problems? This is how the system works.
how to sustain and improve on my finances?
Regardless of how well my business does, even if I become a multimillionaire, I am concerned about hyper-inflation and my cash becoming worth $.20 on the dollar.
What is going to happen to the value of the American dollar if Greece or Spain’s economy collapses? Will our money be worth less driving up the prices on common commodities like food and oil?
I really don’t have any deep questions. Using the successful tactic in the midst of what is a global currency war is the challenge. So if I had to form a question, it would be “how do lifelong savers prosper when traditional investment vehicles are tanking?
Here’s a very interesting YouTube link. This 12 year old girl explains something completely unknown to most adults about monetary policy.
http://www.youtube.com/watch?v=_ae7h8FioX0&feature=results_main&playnext=1&list=PLD9269658A432B31F
(or search “Victoria Grant bank fraud”)
I appreciate all I see and hear from you and your friends. The biggest question for me is really to do with staying focused on letting the change come into my life, and more or less trusting the change is going to happen. I am a carpenter and have not been able to make it work and always end up back at the grind stone doing it all myself, so I have decided that is where I am going to start, all over again but learning to find a new way with it. The only real thing I have is experience in the building trade, as a labor oriented fellow, and I do enjoy it, but my new thing is finding a way to make people like yourself who are in need of a person they can simply feel good about to take care of many aspects of property care. I guess my question is about continuing to keep it moving and not going back to the old patterns. I have never really had money and yet for the first time in my life saved $20,000, using T.Harv’s tools mostly. I also have an idea to market a product. My question is momentum really. I have been changing gears these days and I do love to give my service away as a source of income in life. I love to help people and have a quality sense of workmanship. I have had all sorts of ideas to try and make it work but it seems my main idea now is learning to sell myself and not work for free as I have practically done for the past 30 years. I am almost 50 and figure it is my time to make this work as I have acquired the skills. Maybe this is all vague but I will send this anyway.
Being a casualty myself from the start of the downturn in the economy & trying to make it back out. I want to make sure I don’t make another mistake w/ investing when I do start making money. Is there any business industry, we should stay away from. what is your opinion on where the economy is heading & how to not lose?
I feel like we are not getting answers from our leaders about what is really going on. Actually, I have little faith that our leaders know what is going on either. My corporate job is in jeopardy over the next year, which is rather frightening. My biggest question, however, is where to put money now? Which way is the economy really headed? I am anticipating a bear market quickly. What to do to insulate and be protected????
what’s a safe place to put my money, yet get the highest interest rate?
How do I get assets out from under ties to the US dollar?
I feel that I really have a subject worth talking about(on my blog), but I also fight the urge to stay “safe” with my current source of income. The idea of losing that by stepping out has me on the fence, and I just don’t know how to get myself off, one side or the other.
What is so wrong with me that even though I work for an industry that is supposedly hot that I struggle to get clients that are willing to pay my real prices (low and extremely competitive) for work that could gain them thousands or possibly millions of dollars in increased sales?
There are solutions. I may have a solution on offer. Come with a little bit of effort, and it does work. Without effort and a little sweat nothing will happen.
If you want something different – you have to do something different, and if you want what you’ve never had, you have to do what you’ve never done.
Can most definitely provide you with a link.
My contact mail address is [email protected]
How to best offset the initial start up capital required to start new business ventures to ensure that the interest rates on borrowing don’t hold back the return on the investment required to pay back any monies owed, but also to profit for reinvestment and to provide an income.
I live in Greece. How i can invest my money, where all the rules change every time? Where the state function with the mafia rules.
What is the SINGLE biggest question you have
when it comes to money and your financial future?
There are too much voice around, and i doubting on taking actions (procrastinate)
It isn’t a great feeling when you have too much options, and every one of them seem viable.
Which is the path should i go? that’s my question.
I isolate myself from the current news (limiting my view, determining what I should be aware about… Not an option); I prefer to vary my sources, get to the real people on site.
My biggest concern is how do I go beyond the fears expressed by people, contacts, prospects. If their view in not positive, at least mildly confident, any talk about what they fear, any offer to try something risk free seems to resonate to them as suspicious.
Fear paralyze a lot of people to take some action, to regain control of their life and mind. I wonder what context must I propose, and be in in order to recreate a serene environment.
In the UK, at 60, with very little pension provision. However I have some capital in my house (no mortgage) and a some small investments and savings. I would like to make provision for my future by investing my money in a way that benefits society rather than profits from them. How can I make investment in social-conscious business?
Or should I take a mortgage on my house to buy other property to rent in the UK.
And Greece? I have seen a lovely small apartment in Crete to buy which I could then rent for holidays, but do not know if Greece pulls out of the Euro if that would be a financial folly.
The last 20 years of rrsp’s are worth less than what I’ve put in. How do I recover in the next 10 while paying off a mortgage? Where do you get good financial advise since what I’ve had so far clearly wasn’t any good. I’ve looked at some business opportunities but they seem to be trading stresses with little hope of a real improvement. Realizing my true potential/worth/destiny is so far down my priority list that I’ve given up on any thought of that. Sorry, that was 2 questions.
Greg, I know how to help business people. I have designed warehouses (the operational model, not the building) and help many business owners save millions of dollars in construction costs and operation costs.
What I need the most is the right way to transform my conversation into theirs. Because my conversational style (typically engineer and analytical style) needs to take their language and resonate in their own mind (retailers and wholesalers). They must understand, from my speech, that their own business survival depends a lot more on their own ability to put their products in the hands of the consumers. Because that’s where the money is located.
Business people too often forget that their customers main interest is in having the product that in in the box, more than the free information about the product (which they are providing free of charge. Putting the product in the hands of the buyers or at least on the store shelf is for them the high expense part of their profitability equation.
When I design their logistics systems (warehousing and distribution), they don’t save 5% in operation costs. They save has much as 40%. That’s so huge that they practically get their warehouse for free.
Greg, how can my message penetrate their armour and make them jump?
Your document on Money was very helpful and helped a lot in changing my beliefs about what money is. I belief that every person sort of has their own mini economy with import, export and Gross National (in this case Personal) Product. My single biggest concern is how I can let this all work in my favour. I hope you can help with this. Thank you in advance.
Gold and silver have had some major ups and downs lately. Will gold go up that much over the next 12 months in the light of countries such as Greece possibly pulling out of the euro?
Glad you had a great trip to Africa… James
Despite my working extremely hard as a University of Nairobi administrator, my financial future looks bleak and very insecure. Nothing seems to add up no matter what effort. And this is true of all the great brains and professionals in this institution.
I would like to know when we all can have more financial freedom and how we can possibly get the yoke of private central bankers off all our necks. They are parasites that should simply provide a utility, banking, and not act as ever growing parasites that charge us back interest on our own good faith and credit… they are killing their hosts…
Most of what I’ve read in the comments pertains to hoarding wealth. I believe that it is possible to spend your way to wealth. Most people are concerned that they will lose their money to the Banks, or the corporate monopolies. I don’t see it that way. What are you saving the money for? You certainly cannot take it with you when you die. It seems ridiculous to save it for your children or grandchildren. We are here for a very short time… make the most of it and enjoy, help others, be a good human now… not after you are dead. I am not talking about economic justice, or share the wealth nonsense, I mean go get yourself the good life now. spend some money on a new car, a bigger house, a cause that you find worthy, then… go make more. It’s out there… most people do not know what to do with their money, so you can help them to give it to you and make them feel good about it. We are a throw away society, and that is the truth. So go ahead and throw some money around. My question is …What is the next “hot” idea that is coming around that the bandwagoners will feel the need to jump on and how can I exploit that?
Hey Greg,
Just out of curiosity because I know that you and Mike Dillard have a relationship with one another, what is your opinion on the “infinite banking concept”? Do you think this is a better vehicle than using an RRSP to build up retirement capital? I’m very interested to hear your viewpoints on this…
I have a feeling that I am going to live a long time. I have already lived a long time, and I am still working because I love working. But, I suppose there is a limit to everything including my ability to work. So, I would like to find a way to maintain my current life style even after I must quit working. I would like to figure out what kind of investments will provide money for me later when I will need it.
Hi Greg, thanks for all your wonderful work. What are your thoughts on forex investing. I would be so grateful for any advice from you.
Many thanks
Barbara (South Africa)
Hi Greg, thanks for all your wonderful work. What are your thoughts on forex investing. I would be so grateful for any advice from you.
Many thanks
Barbara (South Africa)
The single biggest question I have is how does one make his/her money grow within the banking systems or within the stock market when greed, corruption, & debt dictate? It cannot be wise to invest nor even smart to save when bank interest rates are insulting & the stock market sure to collapse like a house of cards as our government continues on its excessive overspending path with Fiat currency. Bankruptcies, foreclosures, & unemployment continue to rise & the average American is in as much debt proportionately as its government. How does one profit from this scenario which one day will end with a world bank offering its one-world currency?
Greg, Looking forward to where this blog and question takes us.
My biggest question right now, is where is the best place to put my money. I am not confident at all in the current money system. I don’t have millions,(yet) but would like to keep what I have worked for.
I keep wondering if I should buy non-perishable food????
Seriously, I don’t keep up to date on the financial markets and such, and would like a relatively secure way to have value to trade, sell, survive if worse come to worse.
Is there room for one more coach? I have been studying and preparing to launch a coaching business. My business will be spiritually oriented.
What do you think?
My wife & friends do not support me at all to invest in R/E, which is a side problem I have to deal with. Finding a investing partner that has the funds to do a joint venture in my own back yard, in BC, Canada, to get started is my real hold back. I do not have any extra cash, but have held onto good credit.
Thank you Greg for all the great information and tools you provide! My question is if Greece defaults on their debt and leaves the EU, will we see another recession and credit crunch as we did in 2008? The Alberta economy is currently strong and growing, so will this mess in Europe have much affect on the Alberta economy and in particular our oil industry and real estate prices?
Politicians very frequently change the groundrules. What can be done to protect legitimate investments and income from these predictable but unknowable interferences?
I’m 28 and I work as a construction contractor. With my income it seems it has been either feast or famine. It is also very hard to budget because there is no way of telling how often money will be coming in. I try to keep some money back to get through the long periods with no income but sometimes it just doesn’t last. Any suggestions or advice is appreciated. I am also reading the book Think And Grow Rich and it is a wonderful tool that has opened my mind. Thanks
Yo Man … You Rock!!!
I am an investor here in Australi and own a business that services the Australian and New Zealand markets. With a passive income coming from my investment properties as well as my business, I feel relatively secure and comfortable. However, I would love to know your thoughts on where the future investment opportunities may lie. I have listened to Richard Duncan’s view of where the world is heading and his view is not a pretty one. I would love to hear yours!
Question:
I would like someone to explain to me, in very simple terms, what in the world is going on with real estate in the USA?
Background to my question:
Just so you where I am coming from, I visit Phoenix roughly once a year and would love to some day own a place there. We all know that the economy went terrible and I personally saw streets lined with homes for sale, in foreclosure, etc. My last trip was May 2012 and I noticed so few signs that things almost looked “normal”. But I have also heard that banks are holding on to their foreclosures (half a million mortgages in fact) to keep the numbers down and the prices up. I also heard things like banks are trading foreclosures like they traded mortgages before this all fell apart. Another thing I hear is homes in the USA could be looking at yet another drop as near as 2013 when Obama’s incentive programs run out of money and it comes time to make payments on those funds.