1. Economic Instability Expect times of brief prosperity followed by times of course correction towards a more level plateau. It’s important to remember that economies are cyclical by nature. If you can ride out the bad stick around for the good. Many millionaires are made as the world loses money around them; buy resources and assets low if you can afford the risk as others jump ship in tumultuous times. At the same time don’t get suckered into full recovery mode and expect upward trends to continue indefinitely. Despite what some more optimistic pundits might say, the fasten seatbelt should remain fastened as more economic turbulence likely lies not too far ahead.
  2. Continued Shades of Green The Green movement has established itself firmly as more than just a passing fad, though perhaps not on mere moral high ground. Yes, it’s nice to save the whales and whatnot, but many green initiatives are actually driven by saving more green in the long term bottom line. Some eco-friendly options may cost slightly higher on the front end but are loaded with cost cutting benefits only a few years out. Furthermore, some industries, like automakers for example, find their business really is impacted by environmentalist concerns, combined with government incentives in the US and abroad, making in not only responsible but financially savvy to push green objectives. Read the rest of this entry »

Posted In: Economic Climate