Thursday, 4 December 2008

Don't be afraid of shadows

Opportunities are created every time that news report a further deterioration of the economy.

All sort of assets can now be bought at deeply discounted prices. Shares of excellent companies are on sale and pay a high dividend.

Rental properties are on sale and it is still possible to get a mortgage at a reasonable rate. A two-week holiday to Greece has not been cheaper for a long time. Hundreds of small businesses are now also for sale.

Looking for a job? It is the ideal time to accept a package of shares (or other incentives) instead of a cash salary. Want to buy something and do not have money? Try bartering other items or services. There is plenty of opportunity around.

Don't be afraid of the economic crisis. Relentless initiative, good sense, and a thick skin against pessimism will get you through bad times with flying colours.


[Image by phault under Creative Commons Attribution License. See the license terms under]