“You can’t handle the truth!”
– Jack Nicholson in A Few Good Men
Neither optimists or pessimists can handle the truth.Optimists refuse to acknowledge the part of reality that’s negative …
… while pessimists can’t see the ever-present opportunities hidden behind the problems.
While we’d rather be optimistic than pessimistic, maybe it’s better to be BOTH.“The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function.”
– F. Scott Fitzgerald
Here are some thoughts about risk and opportunity from legendary real estate investor Sam Zell …
“People love focusing on the upside. That’s where the fun is. What amazes me is how superficially they consider the downside.”
“For me, the calculation in making a deal starts with the downside. If I can identify that, then I understand the risk I’m taking. Can I bear the cost? Can I survive it?”
You can only take calculated risks if you look carefully at both the upside AND the downside.
Today, the entire global financial system is largely based on “full faith and credit” … primarily in the United States dollar.
And there’s a gigantic investment industry that’s built on perpetual optimism …and a belief non-stop debt-fueled growth FOREVER is actually possible.
Even worse, the entire financial system’s fundamental structure literally REQUIRES perpetual growth to avoid implosion.
That’s why central banks and governments are COMMITTED to debt and inflation … at almost ANY cost.
But as Simon Black points out in Future of Money and Wealth …
History is CLEAR. Empires and world reserve currencies don’t last forever.
And irredeemable paper currencies and out-of-control debt ALWAYS end badly … at least for the unaware and unprepared.
Optimists can’t see this. So they take HUGE risks they don’t even know exist.
Pessimists can’t act. So they miss out on the HUGE opportunities that are the flip-side of the very problems they obsess over.
Robert Kiyosaki stresses the importance of being REALISTS …
… standing on the edge of the coin, seeing BOTH sides … and then being decisive and confident to ACT in pursuit of opportunities while being keenly aware of the risks.
We created the Future of Money and Wealth to gather a diverse collection of speakers and panelists together … to examine the good, the bad, and the ugly …
… so YOU can have more context and information to make better investing decisions.
Chris Martenson opens our eyes to the physical limitations of long-term perpetual exponential growth which depends on unlimited supplies of clearly LIMITED resources.
Of course, as these critical resources dwindle, they’ll become very expensive as too much demand competes for too little supply.
When you see nation’s fighting over scarce resources, it’s a sign of the times.
But of course, there’s OPPORTUNITY hidden inside of crisis.
And to seize the opportunity, you must understand it … or it just sits there like a hidden treasure under your feet.
But it’s not just recognizing trends. It’s also TIMING. And being a lot early is much better than being even just a little late.
To beat the crowd, you can’t wait for the crowd to affirm you.
To get timing right, it’s important YOU know what the signs are.
What does it mean when Russia dumps Treasuries and buys gold? What caused Bitcoin to sky-rocket in 2017? Why are there bail-in provisions in U.S. banking laws?
Peter Schiff saw fundamental problems in the financial system back in 2006 … and screamed from the rooftops that the financial system couldn’t support the then red-hot economy.
Few listened … then WHAM! In 2008, the weakness of the financial SYSTEM was exposed … and MANY people were CRUSHED.
Peter insists the REAL crash is still yet to occur … and everything that made the financial SYSTEM weak in 2006 is MUCH WORSE today.
Yet small business and consumer OPTIMISM is at all-time highs. The ECONOMY appears to be BOOMING … again. And Peter’s still screaming out his warnings.
The Fed is RAISING interest rates to cool things down. But history says EVERY SINGLE TIME the Fed embarks on a rate raising campaign it ends in RECESSION.
In Future of Money and Wealth, Fannie Mae chief economist Doug Duncan reveals when he thinks the next recession is coming … and WHY. We listen to Doug because he’s got a really good track record.
The 2008 crisis exposed real estate investors to the REALITY that what happens on Wall Street, at the Fed, and in the global economy … can all rain down HARD on Main Street.
Ignoring it doesn’t make it go away. And you’ll die of old age waiting for the storm clouds to blow away.
There will ALWAYS be risk. There will always be OPPORTUNITY.
It’s not the external circumstances which dictate what YOU get.
It’s really up to YOU … and your ability, like Sam Zell, to see both opportunity and risk, so you can aggressively reach for opportunity while carefully navigating risks.
Education, perspective, information, and thoughtful consideration are all part of the formula.
That’s why we created the Future of Money and Wealth video series.
Future of Money and Wealth features TWENTY videos … over fourteen hours of expert presentations and panels …
… covering the dollar, oil, gold, real estate, crypto-currencies, economics, geo-politics, the new tax law …
… PLUS specific strategies to protect and GROW wealth in the face of potentially foundation-shaking changes to the financial system.
Just ONE great idea can make or save you a fortune.
Future of Money and Wealth might just be one of the best investments you’ll ever make.
To order immediate access to Future of Money and Wealth …
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