If I were to call you up and tell you that I had just looked at the radar and there was a severe thunderstorm with tornadic activity headed your way, would you think that I was being negative? If I suggested that you take precautions like getting in your basement would you think that I was crazy? If you hadn’t heard the tornado sirens yourself or hadn’t had a chance to look at the radar, would you appreciate my warning; even if the tornado missed your house or didn’t develop? Would you feel like I cared about you and your well being? I think so. Well that’s what I’m doing now. I have looked at the economic radar and the storm clouds have formed and are headed your way. We are in for some very rough weather. I know that a lot of people haven’t recognized the storm that’s on the horizon or even if they see the storm they don’t now how to prepare or protect themselves. That’s why I’ve created this blog. I want to warn you so that you can prepare.
If you are going to read just one book to gain an understanding of what’s going on in our economy and how to prepare for what’s ahead then I’d recommend How to Prosper During the Coming Bad Years in the 21st Century by Howard J. Ruff. This book went on sale in April of this year. It covers a lot of ground and gives specific and practical recommendations on how to prepare for and to prosper in the coming difficult economic times.
We have given this book to several family members and the reaction is usually “Gosh that’s a pretty depressing title”. They focus on the “Coming Bad Years” portion of the title and neglect the “How to Prosper” portion. This book really isn’t a doom and gloom book. Was I being doom and gloom when I called you to warn you of the tornado? Ruff describes the storm and gives you background on what created the storm. Once you recognize and understand the storm you can prepare.
I’ll share other books and resources with you in future posts.
God Bless!
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