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The Plane is Going to Crash! Where is My Parachute?

Today the news is full of the many reports of our economy falling and falling faster than ever before. Every magazine, newspaper, and newscast is focused intently on the stock market, the employment factors, and President Obama’s plan to rescue this plane that is destined to crash.

Most of these stories seem to be telling us that the government is at fault for this demise and that it is up to government to solve this issue quickly. Wow! I had to check my address on that last one. I am certain that I still live in America where we believe in the free enterprise system and the invisible hand that controls the markets. We voted in November, and apparently we voted in a new administration that is definitely going to bring about change. However, no matter who is in the political administration, I want less government involved in our economy and more citizens taking action to be creative and applying proven time tested principles that will strengthen the individual parts so that the sum of those parts is stronger as well.

Some people are willing to get on a plane that has a 70% or 80% chance of successfully landing! Not me!

We can either stay on the plane and crash with it, or we can find our parachutes and create a new economy that will be stronger for today and tomorrow. My parachute will consist of returning to financial principles of safety and redundancy where a dollar will do the job of more than one dollar by its flow through my personal economy. This parachute will provide for the increase of benefits and money supply while being protected from the volatile changing markets, the new taxes that are apparently on the way, the loss of wealth due to disability (or loss of sanity), possible creditor or lawsuit protection, or death. In the case that I may live a long life as our medical technology improves, I want to have a parachute that will create multiple resources for incomes when they are needed most, and that these assets last as long as I do. This parachute will cover my potential today, and enhance my tomorrows by reducing the impact of negative taxation on both moving and stagnant assets.

Your personal economy can be determined by the speed and direction(velocity) that you choose to operate in with precision, intention, and flexibility. This will not be a product focused decision but a process that is scientifically proven to work and demonstrated to be safe, verifiable and has stood the test of time.

One Response to “The Plane is Going to Crash! Where is My Parachute?”

  • Trent;

    Great strategy. I agree with you. My hope, in this economy, is that people get back to basics regarding the value of money and not spending it on every new gadget, phone, or flat screen TV that comes out.

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