Real Estate Related October 20, 2008

The Economic sky is not falling for crying out loud.

As of late there has been far to much negative press that has put a lot of people into a state of panic. This is totally unnecessary. There are many individuals I have run into that are not only panicked but in fear of our economic sky falling on us and not being able to get our from underneath it. Fear in many cases is due to ignorance and people who can’t seem to see that there is always opportunity if you look hard enough. Please don’t get me wrong I’m not saying that we are not in some ruff economic times but we are no where near the great depression and it doesn’t help to stick your head in the sand and not try to be smart about your finances.

I have heard everything from “well I’m just going to wait till it gets better”, or “I’m not sure whats going to happen to me this is terrible who let it get this bad”.  Keep in mind we have had some amazing economic years that have been UN-precedented and how we are  coming down off that high. Think about this I recently read a great article by Charles Schwab and it was comparing our economic times now to the great depression and here is just a snip it of that.

If you would like to read the whole article click here on Charles Scawab

My point is this, get informed, don’t panic and be smart about your finances. If you don’t have a great financial planner get one. If your in business look for the opportunities and push forward. What you don’t want to be doing is running around waiting for the sky to fall.