Why Bad times can be the best times to invest!
"How To Prosper during Bad Times"
Many people often associate economic downturn with
lack or absence of opportunities. It's simply
impossible to make money much less to prosper
during an economic recession or depression.
This is absolutely not true.
Because the truth is, economic recessions or it's
uglier cousin, economic depressions, are just the
perfect opportunities that anyone with vision can
take advantage of to become not just rich but
For the record no less than America's second
richest person alive, Warren Buffet whose personal
fortune reached a dizzying $48 billion before he
decided to give back to the society $31 billion
can attest to this.
Warren Buffet built his massive fortune buying
businesses and properties that most people had
given up as lost. To many businessmen, he is the
great rescuer who bailed them out of their
But of course Warren Buffet saw more than rescuing
them out of their economic woes. If he sees no
value or potential in their businesses, he sees no
reason to buy them.
But what exactly does he know that ordinary
mortals don't usually know about economic downturns?
First and foremost, economic downturns don't last.
During bad times, Prophets of Doom would say the
worst things about the economy.
Of course things are bad. But they only remain bad
to a certain point. This is because of the thing
called Economic Cycle.
Economic Cycles are periods in history of booms
and busts. Economic cycles are the hallmarks of
laissez faire system. Economic cycles behave just
like the seasons.
And just like the seasons, the climate always
changes. And just like the seasons you can predict
a downturn or an upturn.
What happened just after just the turn of 20th
century was a classic example of an economic boom
suddenly gone bust.
In the roaring 20's people thought that there was
no stopping to the prosperous times. Until one
day, people started dumping stocks at such a
frenzy that it sent the whole world in probably
the worst economic depression in history.
By all means the signs of a coming collapse were
present. Stocks were at all time high. In fact
unreasonably high. And people were living beyond
The same thing happened again with the housing
market in 2007. Just a couple of years ago, the
sense of affluence was everywhere with home values
Because of the high cost of home ownership many
Americans were forced to borrow beyond their
means. The result was a credit crisis that sent
the world reeling again in another round of recession.
So the question now is if we could predict an
economic downturn, could we also predict an
The answer is yes.
If you religiously watch CNBC or read
CNNmoney.com, you'd find that home prices had
already gone low enough to attract the buyers back.
But how low it could get is the question.
Prospective home buyers are still in the sidelines
waiting for better bargains. The question this
time is when will they decide that the price is
already right enough to make them buy?
The following articles will open your eyes to the
realities of economic cycles and the opportunities
that you can take advantage of for your personal
* How to Successfully Navigate Your Business
through an Economic Downturn
* Understanding the Mortgage Meltdown; What
happened and Who's to Blame
* Superior Leader - Warren Buffet
* Invest In Yourself Your Career, Future Income
Stream, Education And Training
* Economic Recession Strategy - How To Keep Your
Business Alive During Economic Recession
* How to Recession Proof Your Job: Ten Job
Secrets for Career Success!
* Recession Proof Your Business - Get Bigger Profits
* 3 Foolproof Ways To Soar Through A Recession
* World Recession now Inevitable - Assume the
* Recessions Don't Last Forever!
* Investing in a slow market? Its all a case of
demand and supply!
* Why BuffettS Investment Strategy Wont Work For
Buffett Anymore But For You It Will Still Work!
Grab Your Copy Of "How To Prosper during Bad