CHAPTER 3
"The price of success is hard work, dedication to the task that lies
ahead, and the certainty that, whether we win or we lose, we've
outdone ourselves." Vince Lombardi 1913-1970, American football coach
Get ready to hear something shocking and not that you were not
warned. Our politicians, like those of most of the planet, they
know not what they do. They mainly focus on the next round of
elections and are careful to not take unpopular decisions and that is why
no one will take care of your savings if you do not do it yourself!
Politicians do not care about your problems. They worry about their
speakers and then it's time to seriously consider the
biggest crisis that history has ever recorded.
The good news is that if you prepare and act now, you can use what
will happen to your advantage. Question: What do you think about your
money?
If you answered that you have 5 million in cash and keep it stored
in a bank with interest of X% per year guaranteed, then it means that
you really need some advanced financial education. If you think
your money is actually money, you are wrong and largely, your money is not worth
much, it's only currency! It is not money indeed.
Do you think that in Hitler's Germany to buy a coffee, it took
millions of brands over the years ... '90 in Brazil and that there as
many wanted 80 gold cost $ 300 per ounce and has now broken through
the wall of 1300 ... Begin to think seriously about what constitutes
the real wealth if the money / currency, or something else tangible
asset, alienable and rising rapidly in value. The very rich (otherwise
known as poor) and the middle class will be hit hardest by the storm
even though some of the middle class could become extremely wealthy
with this event as long as you focus on where the wind is going.
Unfortunately, the low-rich and the middle class are always the last
to move and when they do it is time to sell. In case, let us, the common
people on the train when the rich sell it down.
Take the bag. When such action is up to the rich and less rich and
sell the middle class are buying. Then, as always, the same share
price falls to the ground and leaves millions of savers.
The rich had bought the same stock at a tenth of what they sold to the
less affluent middle class and obtaining very heavy capital gains. In
short, stop believing your financial adviser if he is living at minimum wage
and can’t get to the end of the month. Otherwise they would be as rich
as you and would need a consultant instead of being there to give you
information on how to make money, don’t you think?
"Every man is rich or poor according to the extent that they can afford
to enjoy the necessities, conveniences and pleasures of human life."
Adam Smith