This could be the beginning

I told you I am the first to admit I don’t have any idea what is going to turn our economy around. Why would I be talking about the economy anyway? Will for all of us to succeed financially we should have some ideas how we fit into the world around us. To help you have a better understanding of the economy and what might happen to turn it around I am going to tell you about John Neff.

John is a legendary money manager, 77, who beat the S&P 500 by an average of more than three percentage points for 31 years when he ran a an large investment fund. Why would this be important to you, will it is the way he went about making the money. John a contrarian, meaning he doesn’t follow the crowd. Even though he has been retired for many years from the firm he managed the money for he still manages his own funds with great success.

This is how John thinks the economy will turn around in 2009. One the drastic interest rate cuts. Two the low gas prices. Third the massive discounts by retailers and the auto industry. So this is his reason for an economic turnaround in 2009. Is he right I don’t know, but he has been more right than wrong his whole career?

So what can we learn from John. There is always opportunity in the world if we look for it. If you go with the crowd you get where they get and in most cases that isn’t where you want to end up. One thing you might look for is the something that everyone else things is going to get worse. Now mind you to do your homework. I am sure as I am seeing the sun come up through my office window there are opportunities that most are over looking.

Go out and find your opportunity and start build wealth for now and in the future. It is there you just have to look for it. Remember this could be the beginning of some very good times.

Happiness with Wealth to you

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