House prices at all time highs - what next?

Do you believe in market cycles and that forecasts can be accurate?

Take a look at the following chart from economist Martin Armstrong who has been predicting these things for Governments and Banks for a long time.

(Note: Graph is 'not to scale' just indicative of Dates and direction
Source: Martin Armstrong, see below)

Also note that the average UK house prices overtook the pre-crash record for the first time recently and US home sales also reached eight year peak and prices all time high. (sources below)

Many people may have forgotten what happened when the prices were this high last time and in a bubble just 7-8 years ago.

The inevitable crash was postponed/minimised by Government intervention and keeping dishonest bankers in business. Politicians supported their friends at the Banks with taxpayer money, so they could continue to launder for criminals, charge excessive fees, rig interest rates in their own favour, pay big bonuses and all the other fraud that has been going on and continues.

This money has flowed away from the 'people' and into the stock market, corporations and CEO pockets. The FED didn't raise interest rates as they probably want a good Christmas of spending from people and enough time to fill their boots.

Politicians have been giving themselves pay rises, whilst the public coffers have been emptied.
Banks don't have enough real assets to cover all the money they gamble with and pay their 'top' employees.
Governments all over the world are in debt and many take out new lines of credit, to try and pay the interest on their previous borrowing. Eventually this will stop.
The race is on between America and a European country to finally admit it can't pay it's debts.

On top of that, the wars and instability being caused is creating mass migration of people looking for a better way of life. So when 'immigrants' turn up expecting a little help, everyone forgets how well off they have been in the past and the fact they are also 'children' of migrants themselves.
These poor people have seen the media and 'adverts' stating America and Western Europe are the richest and best places to live in the world, especially as they have accumulated so many of the worlds resources over the decades/centuries.
(See the TV and movies that sell you the ideal lifestyle, as opposed to the News which is designed to keep you in fear and looking for answers/protection from the Govt.)

OK, I think I'm ranting now so let's get back on track.


So what is likely to happen next?

The bankrupt Governments can't continue printing money at these rates to put into the stock market and interest rates only have one direction to move. When that happens and the markets contract, the stock market bubble and property (real estate) bubble will deflate as well.

My guess is that there is about 1 year (maximum) to get your investments in order and get ready to stick it out for the long term.  The first signs will be from America or a defaulting European country in the next few months before it goes mainstream.


What can you do to hedge yourselves against it happening?

- Sell any properties that are highly leveraged right NOW, which are bringing in a low yield.
When interest rates increase and prices drop, these are the ones that will suck your cashflow and reserves dry.

- Don't buy house for the sake of growing your portfolio (or because you want to move to a new house), only invest for yield with bigger deposits than you would normally want to put down.

- Leverage can work in your favour in an up trending market but it is even more dangerous in a down market.

- Speculators and those investing in new build, big blocks and the new bubble of student accommodation will likely be hit worse.

- Pay down as much as you can on your principle residence.

- Property and business is once again going to become about the long term sustainability as opposed to short term and quick returns.

I learned my lessons the hard way from experience 7/8 years ago. Fortunately I don't have to repeat it this time.  Will you learn from past experience or is another rude awakening required?

The good news is property will become more affordable for people to buy their own homes and there will be the opportunity to buy businesses based on income and yield, instead of simply speculating with borrowed money.


More information here:
http://www.economicconfidencemodels.com/
http://www.theguardian.com/money/2015/jul/28/house-prices-in-england-and-wales-hit-record-high
http://www.propertywire.com/news/europe/us-existing-home-index-2015072310783.html

The Official Bankster Dictionary

What do all those banking legalese terms really mean? Here is another Bankster dictionary I thought you'd find fun and refreshingly honest for how Banks operate today - lucky they don't put this in their sales brochures or present it to the courts.

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In the underground world of banking, doing wrong means doing right, up is down, and left is right. I happened to stumble upon a secret version of the Bankster’s Dictionary the other day when I was visiting a bank. I’ve posted some of the terms below that were contained in the Bankster’s Dictionary to help you understand bankster language.

US Federal Reserve = European controlled private bank.

Central Bank = Counterfeiting Ring Leader

Criminal Underworld Currency Counterfeiters = Competitors that must be arrested and jailed.

Savings Account = Devaluation Account, Cash Advance for Gambling Division

Gambling = Banking Primary Business Line

Fraud = Banking Secondary Business Line

Las Vegas, Macau, Atlantic City = Model for running business operations.

Inflation = Currency Devaluation through anti-free market manipulation of interest rates.

Fractional Reserve System = Fractional Expansion Citizen Bankruptcy System, BSE (Biggest Scam Ever)

Futures Markets = Manipulation Casino, SkyNet Three-Card Monte Scam

Pablo Escobar, Joaquín ‘El Chapo’ Guzmán, The Ochoa Hermanos, Yakuza = Cash Cows

El Subcomandante Marcos aka Delegado Zero = Anti-poverty activist that must be wacked and shut up

Independent Media = Terrorist

Mass Media = Allies

Allen Stanford, Bernie Madoff = Occasional Patsies and Necessary Fall Guys to appease the public’s ire at us.

Stock Markets = Manipulation Casino, SkyNet Three-Card Monte Scam

Commercial Investment Firm Rating of “Buy” and Hold” = Contrarian Indicator to SELL!

Commercial Investment Firm Rating of “Sell” = Contrarian Indicator to “BUY!”

Barbarous Relic = USD, Euro, Yen

Beta = Empty Statistic meant to impress naïve investors

Loan = Usury

USD, Euro, Yen, etc. = Fantasy Digital Idea made real by banksters to control humanity

Women’s Liberation Movement = Expansion of Tax Base from only men to men AND women

Income Taxes = Wealth Transfer from citizens to owners of central banks.

Gold = Bankster Kryptonite

Silver = Bankster Kryptonite

Truth = Banker Kryptonite

Lies & Deception = Bankster Standard M.O.

Free Markets = Fairytale story like Santa Claus, Easter Bunny and Tooth Fairy to be taught in business schools worldwide.

Drug Lords and Underground Crime Syndicates = Provider of global banking liquidity and huge year-end bonuses

Parasite = Favorite insect

Capitalism = Dead system that was killed by Central Banking but false scapegoat we can blame when we cause economic crashes and despair

Miscellaneous Charges = Small Monthly Charges to siphon off money from bank accounts that customers will never notice or complain about

Computer = Vehicle to rig all stock markets and commodity markets with HFT programs that execute trades not possible if executed by humans and if executed in a clear and transparent market.

Boom = Unsustainable price distortions caused by interest-rate manipulation and market rigging.

Bust = Opportunity to make money twice as quickly as in a boom!

Market Crash = Engineered event to ensure the peasants will never accumulate enough wealth to rebel against us.

Rising Markets on Mondays or Tuesdays into OpEx Fridays: Ruse to sucker more people to go long in order to fleece them by the time Friday arrives.

Declining Markets on Mondays or Tuesdays into OpEx Fridays: Ruse to sucker more people to go short in order to fleece them by the time Friday arrives.

Presidents and PMs = Best puppet and marionette allies to be rewarded handsomely after they leave office (see Tony Blair and the current POTUS)

Superior Judges, SCOTUS = Made Men

War = Double Bonus! Opportunity to devalue money at faster rate than during peace time and opportunity to accumulate more wealth from interest charged on war appropriations.

Universities, Colleges and MBA programs = Re-education camps to indoctrinate students into fairytales of non-existent free markets, non-existent capitalism, and lies about how stock markets, real estate markets and economic cycles really work.

Economic Journals and University Tenure = Carrot dangled in front of economic professors to ensure that they repeat to the world the “official” party line.

Key Economic Indicators = False manipulated statistics designed to dumb down citizens into believing economy is recovering even as we increase their economic suffering

Ben Bernarnke = Shakespearean clown.

Conspiracy = Best Word to Discredit Truth about the global monetary system when the truth somehow escapes our censorship algorithms and makes it to the mainstream media we control.

Machiavelli = Role Model

Ivy League Schools = Indoctrination Camps for media representatives and professors we will send to brainwash other global regions into believing our propaganda

CNBC = The Cartoon Network.

Goldman Sachs = Rookie Farm Camp for global criminal banking syndicate.

World Bank & IMF = Banks used by Western countries to impose crushing debt on developing nations to stunt their growth.

Bailout = Transfer of Wealth from citizens to us.

TBTF = Lie used to ensure we can perpetuate fraud.

Quantitative Easing = Currency Devaluation.

Fiat Currency = Worst Possible Idea

Propaganda = Daily Financial News Feed

Compartamentalization = Process to keep good people working as cogs in the machine within the banking industry ignorant of the fact that they are inflicting massive harm upon society.

If others of you have had the good fortune to stumble across this secret Bankster Dictionary like me, please feel free to post more Bankster glossary terms below.

Source: http://www.theundergroundinvestor.com/2012/04/the-official-bankster-dictionary/

What Banking has collapsed to

While being screwed and shafted by Banks and Government, you may lose your dignity and money but at least they can't steal your sense of humour. Here's an email I received today explaining what some terms in banking now mean.

"Investors back historic Greek debt swap" - FT headline 9.3.2012.

BANK, n. Bottomless cavity in the ground that sucks in money and the unwary.
I had quite a bit of money but then I put it in the bank.

BOND, n. A profitless contrivance used for catching the gullible or feeble-minded.
That pension fund is 100% in bonds now.

BROKER, adj. A comparative descriptive state for a client of a Wall Street bank.
He didn't exactly have a lot of money before he started dealing with Goldman Sachs. Now he's even broker.

BUBBLE, n. Fundamental prerequisite for a functioning Anglo-Saxon economy.
We need a new bubble to replace the ones we had in dotcom and property.

CENTRAL BANK, n. Lobbyist for commercial banks well versed in alchemy.

CURRENCY, n. Largely intangible substance with an inherent property that tends to instantaneous evaporation, the destruction of life and the permanent impairment of wealth.
I had money once but then I exchanged it for currency in a moment of madness.

DEFAULT, n. Semi-mythical celestial occurrence that passes by Earth every 76 years.
I was worried for a second about that Greek default, but I realise there's nothing to see now and all is well.

FEDERAL RESERVE, n. A wholly owned subsidiary of Goldman Sachs.
The Federal Reserve voted to give a few more billion dollars to Wall Street.

GREECE, n. An undesirable or unfortunate happening that occurs unintentionally but results in harm, injury, damage and colossal loss of wealth. And profits for Goldman Sachs.
Did you see Greece ? Sheesh.

HORLICK, n. Progressive and insufficiently appreciated investment visionary.

HOUSE, n. In most countries, simply a place to live. In Britain, a theoretically infinite source of perpetual tax revenue for deluded Lib Dems. (This is tautological. - Ed.)

INVESTOR, n. Plucky protagonist admired for brave deeds and quixotic struggling who is about to get shafted by Wall Street interests.
I was an investor in euro zone sovereign bonds but then everything went Greek.

JAPAN, n. Where hopes of profit go to die.

KEYNES, n. Slang: Vulgar. Disparaging and offensive.
That joker Posen is a complete Keynes.

POLITICIAN, n. Someone better informed than you about how to spend your money.

RATINGS AGENCY, n. A professional entertainer who amuses by relating absurd and fantastical tales.
That ratings agency's credit assessment was so funny, I had to change my trousers.

RESTRUCTURING, n. Statutory rape.
Those bondholders are undergoing a voluntary restructuring - you might even call it a 'credit event'.

ROGUE TRADER, n. Unprofitable proprietary trader. (Hat-tip to Killian Connolly.)

SOCIETY, n. The process whereby wealth is diverted from taxpayers to banks.

TAXPAYER, n. Simple-minded dolt too foolish to be working for the government.

US GOVERNMENT, n. Another wholly owned subsidiary of Goldman Sachs.
We seem to be running out of Goldman Sachs alumni here in the Treasury. No, wait, we've still got hundreds of 'em.

VINCE CABLE, n. (No longer in technical use; considered offensive) a person of the lowest order in a former and discarded classification of mental retardation.
Don't be a Vince Cable - get down off that wardrobe and come and eat your tea!



Tim Price
Contributor, SovereignMan.com
Director of Investment, PFP Wealth Management

Beware: The Second Real Estate/ Property Collapse is Coming

The US and UK Banks have been illegally foreclosing / repossessing property, by not even checking paperwork and worse still, by forging it - whilst being bailed out by the Government with your future as collateral. Is that right or fair?

How come the overpaid Bankers and their pretentious solicitors fail to provide any copies of certified contracts or documents when requested? Maybe it's to hide fraud! And don't expect your MP or elected representatives to help - as the Government is busy enough trying to get money out of you for it's past mistakes and new ones as they work with the banks.

Watch this video for what's happening in the US - and then read on.


http://www.youtube.com/watch?v=tOmjYYaudU8

First it was sub-prime, now it's moving to the average/middle-class home owners! The Bankers will do whatever it takes to screw the money out of you.

They have gone to existing businesses in the UK and told them to make up the 75% Loan To Value difference, on demand, even if their properties are cash-flowing. Else they will be taken off them and sold at auction - most likely for a loss. How does that work or help anyone?
Only got a small mortgage? Did you know that if you lose your job, you won't be able to re-finance the equity! Fail to meet your mortgage payments and they'll still repossess you. Aren't you glad you did business with that lovely mortgage broker!

It's not all depressing. You can contact your mortgage company and ask for a payment holiday, they shouldn't refuse. Or don't pay them for a month or even two, then start your repayments and ask them to add the missed amount to your loan. Handy for Christmas hey ;-)

It appears that common sense says if you can't afford to pay your mortgage and are in huge negative equity then the real option seems obvious!

How much financial pain can people take before they say, "Screw It" and stop paying the crooked Bankers?

---

It appears that the Government might actually want the repossessions and foreclosures to carry on as it provides an 'economical stimulus' as detailed below:

• Estate agents get paid (as they're not selling any houses on the open market in this economy)
• Estate Agent employees get paid
• Buying broker gets paid
• Selling Agent gets paid
• Selling Broker gets paid
• Brokers' employees get paid
• Old lender gets paid off
• Old lender employees get paid
• New lender gets new loan
• New lender employees get paid
• New lender sells to another new lender and is paid
• Solicitors get paid
• Solicitors office gets paid
• Loans get sliced and diced into credit default swaps and mortgage backed securities
• Slicer and dicers get paid
• Salesmen now sell this sliced and diced mortgage all over the world
• Government gets paid off taxes and get money on every ounce of profit that is made in this never ending chain
• New homeowner buys stuff at home depot / B&Q
• Home Depot / B&Q now have to hire more employees to deal with the homeowner demand
• And on and on....

So it's good for the economy if you look at it.  After all, someone has to pay the Estate Agents, Solicitors, Mortgage Brokers, Bankers and Government employees, else they'd have to go and do something productive for the world instead.

Modified from info found at: http://surviveandthrivetv.com

Where did the economy go... double-dip here?

No bull! There's a double dip coming unless the Banks lend the Governement a few trillion more!

My thoughts on the Economy, now that I have a moment to sit down and flow... here are my answers to some of the questions that people are asking.

Below is a bunch of things I wanted to share. If I'm not specific on anything feel free to ask and leave a comment.



1. Current economy
The Depression, yes that's what it is economically regardless of the lies the politicians tell you and stats made up by economists, is affecting the majority of people right now.

People are losing their jobs, homes and there is no such thing as security. With big companies going bust (those not powerful enough for bailout money) there is no such thing as job security. Employee pensions being gambled away on the stock market and they will be lucky if they have much to live on - that's probably why they're pushing the retirement age back.

Almost every year the Government spends more than it raises in tax! It 'borrows' this money from the 'Bank of England' (so much for it being a Government owned body!)
Someone has to pay this back eventually and that means you! Find out about the UK National Debt.


2. Money is being devalued as more is printed, taxes will go up to cover the money being spent and given to the Banks.  Quantitative Easing: "Instead of lowering Bank Rate to increase the amount of money in the economy, the Bank supplies extra money directly. This does not involve printing more banknotes. Instead the Bank pays for these assets by creating money electronically"

You need to be smart in how and where you invest your money right now. Gold has always been a viable option and the demand will always be there for it if you need to sell. Currently Gold has been trading at around £860 / $1380 per ounce and you can always easily get 90% of it's value from a jeweler or gold dealer.
Can you afford Not to invest in Gold?

3. It is also wise to keep some liquid cash on hand, for when you need it.


4. Commercial real estate!

I believe the worst is not yet over. This is the breathing space before the real storm. As people lost their jobs and homes, more mortgage resets are coming, increasing interest rates and fewer jobs. This has worked it's way through the residential property markets at the moment and the next one to be hit is the Commercial property (real estate) markets.
Don't think it will happen? Walk around your local town centre shops. How many 'To Let' signs do you see? More charity shops and pound shops than high street brands? Pubs and bars closing or changing hands more often?
Empty shops and cheap stores being the only ones in business are clear signs of the recession/depression.

Do you see more Cash Convertor stores and places offering to buy your gold in exchange for their cash? Do they know something you don't...

Only another World War could get everyone working again and making money... hmmm... any invasions on the agenda at the moment Mr. Obama?

I hope I'm wrong... but what what if this is how it happens?

I discussed many of these things with my friend Gerry P. and unfortunately the winds and tornadoes started before I actually implemented and acted on any of the facts.

Make sure you're not left behind by being forewarned. Get educated!

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Government and Banks

The Banks and Governments monitor traffic on the internet now to spy on people, I have know of them doing it with BMV property investors and checking their profiles before processing applications.
As TRUST is the Bankers' issue, maybe they want to look in the mirror too!?

The world is waking up and the 'Federal Reserve' is now a household name, instead of a 'perceived' Government body - in reality it is a privately owned bank that masquerades as a Government body. People are against the War and attacks in foreign countries in the name of 'Oil'.
Enough of living in a Police state with everything being filmed and silly little 'civil laws' being invented so they can legally steal your money.

Have America not convinced enough people to support them in attacking Iran yet, to prevent Nuclear arms development? Hmmm... remember the WMD-Weapons of Mass Destruction in Iraq? Neither do the dead US soldiers and citizens of the country or their families and relatives. But it made a lot of US dollars and gave them control.

The fiat currencies are going to go pop and they need wars to keep their pockets lined and economies going. Read up on Buckminster Fuller's honest writings: Grunch of Giants and Critical Path.

The Amero (have you heard about it?) is as real as the European Union and I won't even start on the One World Government with the US President (and his puppeteers) in charge.

Remember this is a game being played by Governments, Banks and Corporation liars (lawyers) - to support their hidden agendas. I'm not sharing anything new - just repeating it so that you may hear the truth THIS TIME!

And if you don't want to believe it then that's cool too... just remember the choices you made when you're waiting for your pension to arrive.


Educate yourselves now! Learn the truth...

I don't know all the answers but I do know the difference between RIGHT and wrong.
Interestingly HONEST is a Powerful (positive) pattern -v- Legal which is a weak (negative) pattern.
Where would you rather be vibrating? (Source: Power Vs. Force by David R Hawkins)


============


Despite the doom and gloom - this is a great opportunity for change!

Take stock and learn from your mistakes.  Accept the feedback.
Let the stresses and challenges be your friend and make you stronger.
Make plans and do things better this time.

The information is already out there and you just need to want to look for it. It requires change from YOU and people to come together and say enough is enough to this slavery.
We are all free people but forgot along the way... Freedom is More Than Just a Seven Letter Word

Now is a time that people will remember what really is of value, taking them away from greed and materialism and forcing them to appreciate the other things in life.

Remember: don't be a victim! You're going to have to let go of the old attachments first.
Then get back in charge, take control and be responsible for the life you live!
When would NOW be a good time to do that?

I wish you a happy life filled with fun, friends, family and laughter :-)

P.S. Double Dips are for caring and sharing together!

Interest Rates, Banks, Property and the Economy

Not only is it freezing outside and snowing, the economy is in a severe winter as well.

March 5th 09 Update: Interest rates reduced to 0.5% and Quantitative Easing measures to boost economy to be 'tried' by pumping £75 Bn into the economy!!

- Interest rates at historic lows of 1%.
- Banks still not increasing credit supply.
- Property bargains to be had and investors are buying.
- Is the economy in a recession and can you still make money?

Here is a quick (ish) run down on the Interest Rates, banks, property and the economy.
It started as an interest rate update and a few hours later it turned into so much more. If you don't have time to read it all, skip to the section that is relevant to you.

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Interest Rates

Falling rates, going down, down and down...
Interest rates are now down to an historic low of just 1%

8 October 2008: 4.5%
6 November 2008: 3.0%
4 December 2008: 2.0%
8 January 2009: 1.5%
5 February 2009: 1.0%


Source: http://newsimg.bbc.co.uk/media/images/45448000/gif/_45448232_boe_466.gif


It's not really good news for savers or the economy, as there is a huge reduction in the credit supply available for spending.
The pound won't like another cut either as it is already weak against the other major currencies.

I won't even go into inflation as the government is not entirely sure how it is measured either and how to fudge it to fit the figures that they want. (RPI, CPI and RPIX)
------------------------------------------------------------


Banks



Source: http://newsimg.bbc.co.uk/media/images/45447000/gif/_45447761_key_rates_5feb_gr466.gif

Libor is what banks charge when the lend to each other and it still looks like there are still trust issues between the banks.


Small businesses are being allowed to go out of business but large companies and banks are being bailed out by governments. The money is going into the banking system but not coming out the other end.
Giving the banks money that isn't passed onto their customers leaves tax payers looking like idiots.

Bailing out companies and banks that should have been allowed to go bust is not a very smart and ethical move, the mistakes shouldn't be covered up and the entire market allowed to correct to what is an acceptable level.
Putting bans on selling bank and other related stocks short is ludicrous. The whole point of an open market is to allow buyers and sellers to help it find it's price.
This leaves the stocks overpriced (if you can't sell short and only allowed to buy, it is artificial inflation of the value!)

Quantitative Easing and pumping more money supply into the economy surely can't fix the problem can it, how much longer before it all goes bang!?
Check out this brilliant article on The End of Money. The idea isn't as far fetched as it may first appear. The End Of Money by Chris Martenson

Whereas the banks have been bailed out for their criminal behaviour, they are now treating companies and individuals like criminals. Pot calling the kettle black!?

If you are having a tough time financially then stop waiting and go get good debt advice now.
Check out this article and the below links for more info:
http://bobby-gill.blogspot.com/2008/08/maxed-out-how-much-have-you-borrowed.html
www.thedebtsurvivor.com
www.ideservedebtfreedom.com
(Mention Bobby Gill's Blog when you contact any recommended parties to make sure they look after you)

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Property

What do interest rate cuts mean to homeowners and investors?
If you can raise the deposit of 25% or negotiate a discounted deal with a seller, then rates are so low that it is a good time to take out some long term borrowing.

Already own property and on a variable rate? Great, if it is discounted rate you will be below 1% already saving you hundreds of pounds a month.
This is a good opportunity not to go out spending but either stockpiling some cash or paying off the capital on your mortgage, better still pay off other high interest debts like credit cards and loans. The extra money is a bonus and it is up to you to either invest (reduce debt) and save it - or splash out on doodads and toys. Make the smart decision now and you'll be glad you did.

Currently cash is king and those with liquidity and able to structure smart deals will be stocking up on property.

James Caan is still buying. I was lucky enough to see him speak at a presentation in London, at the Wealth Intelligence Academy last weekend.
His views were the interest rates are likely to go down virtually to zero and that there are plenty of great deals out there. For example he recently purchased a £10m property, being offered at £7 for just £4.1m because that was all it was worth to him. Nearly 60% BMV (below market value) is a great deal and this is proof that such deals are just waiting to be done.

Richard Branson says fortunes are to be made in a downturn. Assets can now be bought cheaply and the recession will provide "massive" opportunities for entrepreneurs.
Source: http://news.bbc.co.uk/1/hi/business/davos/7860333.stm

Usually big deals are immediately bought up by large firms and pension funds. They are not buying anymore and more likely to be off-loading their property at the moment to stock up on cash. What a great time to buy.

The current climate is only a problem for flippers and property traders, not property investors.
Investors know property always has been about the medium to long term.

Finance is a little harder to raise but deals are still there to be had. With less competition, as average investors are scared by the news, could there be a better time to buy!?

As a contrarian, like Robert Kiyosaki, my view is that it's now the best time to buy as people are desperate to sell and panicking.


It may be winter but Spring will be here soon. Look after you cash flow short to medium term and reap the rewards later.
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The Economy

Are YOU in a Recession or making money?

The UK economy (GDP) has shrunk for the second successive quarter meaning that the country is now technically in recession. I won't even look at inflation as the government fudges that each time to suit and has various methods of measuring one thing (RPI, CPI, RPIX), roll a dice and pick a figure!

McDonalds are one of the biggest winners at the moment:
Source: http://timesbusiness.typepad.com/money_weblog/2008/10/the-10-biggest.html

People are still going to take holidays, so tourism locally will increase as people will not go abroad. With a better exchange rate it will also attract international travellers visiting the UK.

Food companies are still doing pretty well and other companies that provide basic necessities, like utilities. People want to reduce their bills and increase their income so companies like this will expand in this climate.

Drop me an email to find out more on how to save money on your utilities and earn an extra income too. Utility Warehouse can save you money on your bills and household shopping!
Take a quick look at this French & Saunders video, reminds me of the PC / Mac adverts lol...
www.lowermycosts.co.uk


There is still money to be made and it is only an economic slump if you aren't prepared to look for the opportunities.
Bob Proctor says that their may be a recession on but he is refusing to participate in it. What decision are you making?

Surround yourself with people moving forward, not those sat watching TV, drinking beer waiting for things to change for them. Take a look at these Mastermind groups being set-up around the UK and get yourself a peer group that supports you.
http://bobby-gill.blogspot.com/2009/01/think-and-grow-rich-mastermind-groups.html

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None of the views or news above is good or bad. It just depends which end of the shotgun you are looking at!

And on that happy note, make sure you're on the right side ;-)


Bobby

P.S. Remember it's all just a game and you can win if you want to!

The economy today and what it means to you!?

Do you really want to read about the economy at the moment?

People are either 'struggling with problems' or 'dealing with challenges'. How do you describe it? As that is how you will find that it is.

Credit is not now readily available as it was and it is called the credit crunch. Banks are not lending to each other or to individuals. The economy actually needs this at the moment and although it may mean people are suffering, it is necessary for the long term - the party of over-borrowing and throwing money away is now over. Not what anyone wants to hear but it is fact.

Petrol prices are going up, along with home fuel and food costs! All sounds bad so far right?


Everything will get better... There are more opportunities in a re..cess..ion than at any other time. The economic climate is challenging AND it WILL change for the better. It is a matter of sticking it out. There are many ways to get through these tough time, mainly by spending less AND earning more!

SAVE MONEY: Cut back on your travel. Eat less (bonus for your diet!) Reduce your utility bills (contact me to find out more: SAVE money on your bills). Spend less on clothes and luxuries.

EARN MORE: Get a part-time job, some entrepreneurs I know are going back to work to earn more as they know it is only temporary. Earn an extra income with a part-time (or full time) franchise, cheap start up (contact me to find out more: EARN a passive income)

DEBT MANAGEMENT: Are your debts becoming unmanageable? Speak to someone about it. Once again I can recommend someone to you who will be able to deal with your finances and give you more options than struggling through the week, trying to make ends meet and have it affecting your health.

Daniel Latto (Think Tank Group) gave me a great Star Trek quote:

"Ferengi Rule of Acquisition 109: Dignity and an empty sack is worth the sack."

ie. Pride -v- an empty bag, people will settle for an empty bag so that they can save face. Every one does what is right depending on their circumstance, no-one does the wrong thing intentionally. Change your view point and take a look at your finances with a view to surviving over the next few months.

NETWORKING: The positive people and still attending networking events and investing in their educations. Those that do are the few that will succeed. A lot of business is done between people and referrals. Those that are positive and can help you make a difference to your business are those people that will be remembered and still be making money. Look around and see if the peer group around you represents where you want to be going...
(Check out the events to the right of this blog and below in one of the other posts)

MINDSET: Develop a positive mindset and look to the upcoming times as challenges to overcome and know you will come out better and stronger for it. The people you spend your time with are how you are going to turn out, in business and in life. Hang around with positive people with solutions. Those passing out problems should be avoided and that includes the newspapers and TV!

You can't wish away the months, you just have to get through it. Learn the lessons now so you don't have to repeat them in the future and just KNOW that it will all be better.

Well I had to get that off my chest. I'll bring you some good news tomorrow! Just remember the following:

"Good timber does not grow with ease; the stronger the wind, the stronger the trees" - J. Willard Marriott

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