You Get What You Focus On
It's easy to feel negative. The media is always telling us we're on the brink of economic collapse - that it's only a matter of days before the biggest slump since the 1930s Depression takes away the value of our property, our savings and our livelihoods. Many would-be writers are tightening their belts, ignoring the call to write in favor of the day job. They're giving up their dreams in droves, convinced that it's all too hard... Uh, did I miss something? Doesn't anyone remember basic economics from school? I thought it was well known that economic activity goes in seven year cycles - apparently something to do with the sun - and that boom and bust years are natural and inevitable. Smart stock market people know there's never a bad time for investors - there's just alternate opportunities. While some stocks slide, others climb. When the market is overpriced, it adjusts itself by devaluing. When stocks and interest rates are high, people ...