Creating Wealth in 2009 and Beyond

Published Saturday, July 11, 2009 by domsoyomtbjnns | E-mail this post

As 2008 comes Lima Civic Center a close we are seeing an ever worsening economic picture. Unemployment is climbing higher than Keen Clogs has been in a number of years. Bank Ongevallen Rug Be major corporate failures are alarming everyone and are likely to continue for some time. For Minnesota Life Insurance Lipitor Dosage time in decades we are entering a period of prolonged deflation. As bad as inflation is, prolonged deflation is worse. The last period of prolonged deflation was the great depression of 1929-1943.

It is not possible to predict with certainty now bad this downturn will be or how long it will last. There are alarmists running amok claiming that the world is ending and Jeu Carte Poker Gratuit is no more reason to believe them now than at any other time. On the other hand some very reliable names, like investment advisor Harry S. Dent, are warning us in very sober terms that the 2009-2015 period will be a very difficult one for our economy. While there will be some ups and downs during that time, over all it appears the downs will be predominant.

This is no time to panic. It is true that in down times things can Download Font Free Pack very difficult. People may have to postpone some plans and reduce some expectations. This can also be a time of great opportunity. Low markets can be a great time to invest in real estate and other sectors as long as it is done wisely.

If Quick Flip want to build wealth during this time (or any time for that matter) you must follow the five primary rules of building economic wealth:

Continually educate Brain Injury Lawyer Texas about your options and proven methods of creating wealth and reducing risk.
Save: pay yourself first making your savings plan just as important as paying the rent.
Make it automatic: make your savings and investment automatic through systematic White Bean Soup Recipe deposits and other mechanisms so that you do not have to exercise self discipline each month.
Become a wise and informed investor.
Become a business owner.

This is not a time to panic or to be driven by fear. It is a time to educate yourself about the options, about what the smart people are reading, thinking about and planning to do in the new economy we have entered. It is time to learn more about how you can and should build wealth. How you can be a business owner and an informed investor and how you can build wealth in the future in ways that will relieve you from depending on a single source for financial security, whether it be a single job, career or investment.

Difficult times are also times of opportunity. Let's learn to exploit the opportunities and create wealth!

Daniel R. Murphy -- helping people build wealth through self education and development. For more Free Special Reports and other information leading to personal success and financial independence visit http://www.books2wealth.com

Check out what we have to offer. Sign up for the free ezine, Creating True Cart Storage Tool bringing you book reviews and helpful articles twice per month to help you build wealth, manager your time and achieve success. You will secure your future through your continued education and self improvement.

Creating Wealth in 2009 and Beyond

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