[su_quote cite=”Robert Arnott” class=”wwd-post”]”In investing, what is comfortable is rarely profitable.”[/su_quote]
Dear FutureMoneyTrends.com Reader,
Today I wanted to share with you 2 ideas that can help you become rich. These ideas are simple, but most people can’t follow them due to our natural human desires of wanting to get rich quick.
I don’t have a way for you to get rich overnight, so if that is your expectation, then scroll down to the bottom and hit unsubscribe. What I do know is how to get rich in 5-10-20 years, it takes education/research, patients, and action.
1. Buying a good investment on price dips. Now of course, this has to be a good investment, it can’t be a bad one because then you are just gambling. Remember, when looking at an investment you have the market price and then you have the value. Now the markets are messy, especially with the FED heavily involved, so if you know the value of a good business, like say a Pfizer or Exxon Mobil, then in order to buy that business you will have to go through the market, so you want to take advantage of price dips that give you more value.
2 weeks ago IBM dropped from $212 to $187, knowing this is a great business that was already trading at a low valuation, we alerted our paid members immediately. Today, IBM has already seen a price correction to $200, up 7%.
Know the value first, then take advantage of price drops.
Today, silver, a metal I know for certain is worth at least $30 per ounce (cost of production) is selling for $23.40 per ounce on the COMEX, so I took advantage of this price dip and purchased a 100oz Bar for just 90 cents over spot at MilesFranklin.com, free shipping when you mention FutureMoneyTrends.com on an order of this size. Even if silver drops further, I KNOW the value, so it doesn’t bother me. I am certain that silver will rise one day above its cost of production, I have no idea when that day is, but I do know that the current pricing can’t remain for long because I know the real value.
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2. Being patient is really thinking ahead. If you want to start a business or make an investment, you need to think ahead and this requires some serious patience. You don’t want to buy today’s big thing, you want to buy tomorrow’s big thing…That is why this site is called Future Money Trends and not Today’s Money Trends. The problem of course is that the average person only owns a stock now for 4 months, giving them no time to see things play out. When I buy I try to think in decades, literally, what will the value be on this investment in 5-10 years.
Some big trends that will pay off for those who are patient…
- Clean Water
- Silver & Gold
- Health care companies
- Southeast Asia
- Real Estate in specific regions
- Fiat currency bubble
These are all trends that I am very confident in, these should pay off huge for today’s investors, the problem is for most people they just don’t have the patients. Clean water, might not be a crisis for 5-10 more years, silver and gold could take 5 more years to see things play out. My favorite trend is profiting from the aging baby boomers in the U.S. PLUS the 400 million agingChinese that will hit 60 in the next decade. Health care businesses will see MEGA profits for decades, but we are still a few years early, so patients will be the key to really benefiting from this trend.
When it comes to certain regions like India and Southeast Asia, these are very long term trends, to me they are like investing in the U.S. in 1910. If you are young, I would say seize the moment, but go in with a 2 to 3 decade mindset. For those who love real estate, right now you can buy houses in the South for 50% below the cost of construction, however, due to the real economy, this imbalance could remain for a decade. But, I know that one day it will correct because there will be a housing shortage later on, builders don’t build $150,000 houses to sell them for $75,000, so they just won’t build.
No opportunity is probably greater than the fiat currency bubble. Most see this as an epic problem and it is, but I see it as an epic opportunity as well. Again, this is problematic for most people because the timing is impossible to predict, a real crisis in the dollar or all fiat currencies could happen this year or could happen in 15 years, the fact is, the powers that be will do everything they can to defend the status quo. Arithmetic is what makes me certain of a crisis, we simply have too much paper and not enough stuff for prices to remain stable. Eventually prices will soar and the markets will begin to reject these manipulated backed by nothing currencies. My guess is that a new currency will be introduced in the next 5-10 years, this shouldn’t come as a shock to anyone, the U.S. has had the Continental, Greenback, a few gold backed currencies, and the current Federal Reserve Note. It’s funny, if you tell an American that a South American or European country has had to change its currency, they almost expect it, as if “those” governments are different than the one in the U.S. But, the U.S. switches its currency too, we just forget about our history. The truth is all governments suck. All the makings for a fiat currency crisis are here, so I hope everyone is already prepared, but not just prepared for a crisis, prepared for an epic opportunity.
Patients and belief are very important because your beliefs will be tested by the markets.
Experience the rebellion!
This Friday in Spokane, Washington, David Morgan is hosting a special viewing of the movie, Silver Circle, you can get more information at SilverCircleMovie.com/Events to reserve your seats. David (silver-investor.com) will be there to answer questions. This movie has been supported by former Congressman Ron Paul and David says, “the film brings critical issues about the nature of money to the younger generation.”
Look for my interview with Chuck Butler, President of EverBank this weekend.
Share Disclosure: I own IBM, Pfizer, and Exxon and have ZERO intentions of sellingever! In my opinion, these are businesses that are depression proof, their share prices may fall and probably will during a crisis, but their businesses are sound and will reward me with dividends, share buybacks, and future growth.