A New Perspective on an Age Old Situation
http://www.money-tips.com.au/articles/119/1/A-New-Perspective-on-an-Age-Old-Situation/Page1.html
Tracy Piercy
Tracy Piercy, a Certified Financial Planner in the Uunited States, offers step by step proven success principles, tools, ideas and strategies integrated with practical financial planning strategies. She has worked in the financial industry, in insurance, banking, and as a well respected investment advisor with CIBC Wood Gundy, for more than 15 years. Tracy is the author of Enlightened Wealth, a personal money journal. To learn more about her step by step system visit http://www.moneyminding.com By Tracy Piercy
Published on 02/26/2008
Sometimes you just need a bit of information to be able to look at your financial situation differently and consider all of your options for making money, not just one or two.
A New Perspective on an Age Old Situation
Recently a friend in the insurance industry was telling me about an insurance product that had decreasing premiums rather than the increasing ones we have become so familiar with in the term insurance arena.
This lead to a discussion about investing and how we are always looking at making money on the upside.
Yet, you can actually make more money faster in a down market.
That's not to say that we should all run out and start changing our investments, it's just that we have become so accustomed to looking at things from the same box, that we miss opportunities that are right before our eyes.
What if you could see things from a different perspective: the one that fits your goals, your life priorities, your current situation, your values, and the way you want to live?
Do you get frustrated when hearing the same old messages of make more money, save more money, cut back, get a better return. This vertical thinking does not allow for creative, individual solutions to very personal financial situations.
A 12 step e-course might seem like a lot of work, or a long ttime o wait to get an answer – but, hey, we didn’t get to where we are today overnight – the quick fix is the 360 degree view of the current reality combined with some day to day very practical, very tangible, proven, simple activities to make today’s step the one that builds on yesterday’s step, and the day befores step – that all lead very systematically towards the quick fix we all secretly want.
If you do nothing you’ll still be doing the same things a year from now as you were last year.
If you do something maybe at least you’ll know how and when a decreasing insurance premium makes sense and what to look for to take advantage of dropping investment prices.
This lead to a discussion about investing and how we are always looking at making money on the upside.
Yet, you can actually make more money faster in a down market.
That's not to say that we should all run out and start changing our investments, it's just that we have become so accustomed to looking at things from the same box, that we miss opportunities that are right before our eyes.
What if you could see things from a different perspective: the one that fits your goals, your life priorities, your current situation, your values, and the way you want to live?
Do you get frustrated when hearing the same old messages of make more money, save more money, cut back, get a better return. This vertical thinking does not allow for creative, individual solutions to very personal financial situations.
A 12 step e-course might seem like a lot of work, or a long ttime o wait to get an answer – but, hey, we didn’t get to where we are today overnight – the quick fix is the 360 degree view of the current reality combined with some day to day very practical, very tangible, proven, simple activities to make today’s step the one that builds on yesterday’s step, and the day befores step – that all lead very systematically towards the quick fix we all secretly want.
If you do nothing you’ll still be doing the same things a year from now as you were last year.
If you do something maybe at least you’ll know how and when a decreasing insurance premium makes sense and what to look for to take advantage of dropping investment prices.