3. Have you not seen
the headlines?
Politicians are arguing
over how to solve the
crisis
4. Almost looks like 2009 is going to
be a tough year, doesnât it...
We have
energy
the
crisis
on our backs!
And as if things couldnât
get any worse... putting
oil
your money on
prices is a gamble.
5. war
And the
in the Middle
East isnât
helping us
much, either
Even
Christmas
looked a
little bleak.
6. To top it all off...
Itâs getting harder and
harder to hold on to... or
job.
even ïŹnd a
8. Hold on, lets take a look at everything
again.
16 Aug 1971
16 Aug 1974 12 Aug 1979
15 Oct 1973 22 Jun 1970 9 Dic 1974
2 Jul 1979 7 May 1970 24 May 1971
11. Goodness! People have been talking
about the same problems over and over
and over... for decades on end!
Hereâs the point Iâm trying to make.
The media, you see, is in love with
sensationalism. They need something
to sell. Period. So theyâre going make
things sound like, well... like the world is
going to end. And theyâve been playing
this fear-based game since the 1970âs.
AT LEAST.
And you know what? We fell for it --
AGAIN. Let me tell you why (and this is
something that your economics
professor will NEVER tell you).
Here is the simple truth. There is no âthe
economyâ... there is only your economy.
Let me say that again... in caps... just to
make sure you donât miss it.
THERE IS NO âTHE ECONOMYâ -- THERE IS ONLY YOUR ECONOMY.
The media however wants you to believe
that weâre all in this together. Hah! If
thatâs the case, how do you explain the
fact that there were more millionaires
created during the Great Depression than
in any other era of American history?
Thatâs right.
More millionaires were created during the
Great Depression than in any other era of
American history.
12. Take a look at Sir John Templeton, pioneer investor and philanthropist.
Sir John Templeton started his life poor, but became a billionaire by
pioneering the use of globally diversiïŹed mutual funds during, you guessed it,
the Great Depression.
Sam Walton, hailed as the best businessman America (or even
the world) has ever seen, started his own business from scratch
during the Great Depression.
Not only did he manage to help his family through the depression,
he changed the ïŹeld of management. The legacy he left behind is
none other than Wal-Mart.
Benjamin Graham, an American economist and professional investor, laid
down the intellectual foundation for what would later be the cornerstone of
value investing in 1931.
Benjaminâs work was so great, that many of his students went on to become
millionaires themselves. Well known disciples of Benjamin Graham include
Jean-Marie Eveillard, Warren Buffett, William J. Ruane, Irving Kahn and Walter
J. Schloss.
Benjamin Graham had such a big impact on the now billionaire Warren Buffett,
that Warren was once quoted as saying, âIâm 15 percent Fisher and 85
percent Benjamin Graham.â
All of them, and many others like them, prospered
during the Great Depression.
13. THE MAGIC BULLET
How did they do it? What did they have in common? What was their magic bullet?
The answer is simple.
They did not let the media tell them what to do.
They rejected conventional wisdom.
They understood the simple and powerful truths of money.
They knew the power of having the mindset of an âinternal
economyâ mindset.
Remember...
There is no quot;The Economy.quot; There is only quot;My Economy.quot; And if quot;Your Economyquot; is suffering right
now it is only because you don't know how to react to quot;The Economy.quot;
y,
nom
eco ur
l
era o
gen h have . The
the eac omy ely
s
ere' nit
on
e
quot;Th then w nal ec is deïŹ is
and perso onomy nomy
own eral ec Y eco
gen ering. M
suff t.quot;
a
gre
T. Harv Eker, Motivational speaker and best-
selling author of Secrets of the Millionaire Mind
14. So what is âMy Economyâ?
âMy Economyâ is an internal economy that is simply a
mindset.
It is the mindset that says, âI refuse to participate in your recessionâ
and instead chooses to see the âeconomic slumpâ as a great
opportunity.
âIâve been waiting for
this day for 10 yearsâ
--Warren Buett, Worldâs #1
billionaire (Forbes, 2008), investor,
âWhen everything seems to be businessman philanthropist in
going against you, remember that response to the economic recession
the airplane takes off against the
wind, not with it.â
Henry Ford, Founder of Ford Motor
Company
It is the mindset of rising above the situation instead of allowing the
situation to drag you down.
It is the mindset that knows what you focus on expands.
But it is more than just the a mindset. It is also about knowing what to do. Its
process has proven time and time again to work -- even during times of crisis.
It is about the taking the RIGHT action.
15. The next 2 years will
determine your ïŹnancial
future
When faced with the Great I donât mean to scare you, but things
Depression of the 1930âs, people like are going to get A LOT worse than
Sir John Templeton, Sam Walton and they already are. Huge fortunes will be
Benjamin Graham knew one thing. made and lost in the coming two
years, but remember - one man's
They knew that the years they faced garbage is another man's gold.
right there and then would be the very
years that determined the rest of their There are HUGE opportunities right
ïŹnancial lives. now that did not exist before. Huge
wealth will be created, just as it was in
It was make or break. the 1930âs.
And right now, youâre facing the same If you were to look at the Great
situation. Right now, the next 2 years Depression in its ïŹrst few years, it sure
will make or break your ïŹnancial did look like there was not much
future. hope.
16. However, when you zoom out and look at the bigger picture, itâs as clear as day
that the âGreat Depressionâ was in actuality fertile ground for new opportunities.
Soon enough, these opportunities blossomed, and the economy continued to
grow immensely for decades after.
17. Right now, weâve experienced a drop.
A drop similar to the one in 1929
when the nationsâ gross domestic
product halved almost overnight.
But history will repeat itself. RIGHT
NOW, we have fertile ground to boost
your wealth and stake your place in
the new economy that will be rising.
Believe me, countless people are going to enjoy phenomenal wealth,
the likes of which the world has never seen.
There are only 2
things you need for
the next 2 years to
achieve a lifetime
of ïŹnancial success
Like I said earlier, it is a science that has
been proven by many over and over to
make money even during times of
depression.
Iâm going to reveal to you the two most
powerful secrets to control your internal
economy and become rich.
Are you ready?
18. The ïŹrst secret is...
1. âSpeciïŹc Knowledgeâ
The second secret is...
2. âTimely Actionâ
19. The people who thrived during the
Great Depression had SpeciïŹc
Knowledge that they applied with
Timely Action.
If the millionaires of the Great
Depression were here today, they
would see this opportunity and jump
right on it! But donât just take my word
for it...
A July 2008 Forbes article reported
that if Sir John Templeton was alive
today, he would, amidst all the doom
and gloom, have made his move
right now. The Forbes article goes on
to say:
20. Remember, thereÊŒs only 2 secrets.
Now that you know them, youâre well on your way to ignore the so called recession of âThe Economyâ
âYour Economy.â
and thrive in
Please feel free to leave me your thoughts and share how
you feel about Your Economy at my blog. Iâd love to hear
from you.
Youâll also ïŹnd at my blog a video I made about what I call
the âChicken Little Economy.â Itâs my little
anecdote that will not just put a smile on your face, but will
be a heartwarming reminder to help you stay in control
of Your Economy when it matters the most.
Enjoy!
Towards Your Economy,