By David Treece
Opportunity arises out of crisis. The light at the end of the tunnel is the knowledge that new horizons can be reached if we can just make it through the storm. We’ve been in the business of helping our clients and friends prepare for the next financial crisis for years now.
About every decade in America we face a stock market correction, and those who are most prepared and knowledgeable are the ones who fare the best. After the mortgage meltdown crisis in 2008, those who were positioned well seized upon cheaper real estate prices and even many stocks being sold at a 30% discount. However, those who were financially wiped out had no recourse. They either went bankrupt or had to wait on average at least 7 years for their investment prices to regain value.
Statistically it’s time for a stock market correction. We’re not fortunetellers or mystics, so I don’t know when the correction will transpire, but being ahead of the curve is key to succeeding. Nothing stays the same. Times are changing, and being proactive with your saved money is essential to maintaining the life you want to live.
Some savers are sitting on the edge of their chairs watching the Dow Jones average creep higher and higher… 20,500… It’s a lot like sitting on the edge of the stool at the casino table, knowing it’s time to cash out, but wanting just a little more. Don’t risk your future standard of living. We can help you participate in the gains of the market but not lose when it corrects every decade.