Robert Kiyosaki Has Been Featured On
I Was Right The Last 3 Times, Here’s My Next Solid Prediction…
The Next Big Economic Crash Is Coming…
Here Are 5 Ways To Protect Yourself...
The Easiest (and SAFEST) Option Is #5 Below… Make Sure To Take Action!
I don’t say this to brag.
But the last three train wrecks I predicted in the economy actually HAPPENED.
I hate to be the bearer of bad tidings (again!) but we both know it’s just common sense. The next train has already left the station!
The question is not IF another economic crash is coming. It’s WHEN. I believe we are due very soon for a major correction, maybe even a collapse.
How can I be so certain?
I could claim that I’m psychic, but I don’t have to be. Just take a glance at historical trends. They’ll show anyone thata crash has happened at least every ten years, usually less (since the last major crisis happened in 2008…do the math!)
Yes, the Dow is over 20,000 and investors are giddy today… …but don’t be lulled into complacency by the current boom. We’ve all seen today’s boom become tomorrow’s bubble. (How soon we forget!)
This leads me to the even more important question:
How can we prepare so that we don’t just survive the coming storm, but come out even stronger and RICHER?
Is that even possible? I know it is, because it’s happened before.
Who Will Get WEALTHIER During the Next Economic Crash?
We all know that in every former crash, while many people lost their shirts, there were always a few who actually made money.
- These were the people who did not follow the crowd.
- They kept their cool, and saw opportunity while everyone else was panicking.
- They took action while others stood paralyzed and passive.
- They were alert to the potential in emerging new technologies and enterprises, and got in early.
Instead of playing by the same old rules as the rest of the world, smart people seek out out brand new games that they can win.
These are the people like Charles Darrow.
You may not know his name, but when Darrow found himself out of work like so many others in 1929, he didn’t let the Great Depression destroy him. Instead, he used his downtime to invent and patent a game we know as Monopoly. Parker Brothers bought it, and made Darrow a millionaire.
For anyone else who believes that there is ALWAYS opportunity present, even in (especially in) the midst of crisis, read on!
Below I’ve outlined FIVE possible survival tactics for the next crash. (While they’re ALL valid in certain circumstances, #5 is my current favorite for most people. I’ll explain why below.)
My Current Top 5 Tips To Survival The Economy Crisis…
Survival Tip #1: The Heavy Metal Play…
Anyone who follows me know I’m something of a “gold bug.”
When the economy goes haywire, everyone always returns to gold. I love gold and silver, but not so much as straight “investments.”
I use them as a way to protect myself if the dollar drops, like it did in the 1980s.
With all the instability in the world and in world currencies these days, it can make a lot of sense to protect oneself by having at least some money in precious metals. I certainly do.
However, there are a couple of catches to this strategy:
First, buying gold and silver is NOT about making a big profit. It’s about retaining the value of money you already have.
Second: DON’T trade cash that will be needed soon for gold or silver. After all, metal values do fluctuate. (Who wants to be forced to sell at the wrong time?)
So, this is only for someone who is sitting on enough extra cash to tie up for a while. I know that’s not most people.
But don’t worry, I’ve still got four more tips:
Survival Tip #2: Learn How To Leverage Debt…
Debt is a dirty word these days. But not all debt is bad. This little-known way of using debt can actually make a profit, if done right.
Like buying gold and silver, this strategy also has to do with the value of currency.
In this case, debt becomes a place to park money while we WAIT for a currency to collapse.
Then when the currency goes down, the value of the amount needed to repay the debt goes down with it. I’ve seen people using this strategy make 30% on their “investment” by pocketing the difference.
But here are the issues with this strategy:
- The money they’re using to repay the debt would ALSO have lost value (so it needs to come from another investment).
- Interest on the debt has to be paid in the meantime.
- There’s no way to predict how much the currency will fall.
- There’s the risk that the currency WON’T collapse at all —which means they’ll lose money.
So this strategy is advanced and is NOT for the faint of heart! But I’ve still got a few more …
Survival Tip #3: Know the Tax Code
When Ben Franklin said “a penny saved is a penny earned” he was talking about being thrifty. But he could just as easily been talking about taxes.
When a person saves thousands by knowing their way around the tax code, it’s just the same as earning thousands extra.
Still, I know people’s hearts sink when I mention this topic. After all, what could be more tedious and complicated than understanding taxes?
But that confusion is exactly what the government counts on.
When the crash comes, and the government needs money, guess the first place they go to get it?
That’s right: Our pockets!
But people who know the tax code get to keep more of their money. A LOT more. Traditionally, rich people have used tax strategies to preserve their wealth through good times and bad.
Of course, they don’t do it all by themselves. They have savvy experts to advise them on how to shelter their income and investments from taxes.
We’re talking things like:
- Incorporation strategies
- Offshore investments
- Real estate
- Investment losses (I’m looking at you, Mr. President)
These are all totally legal ways to keep the government’s hands off your money, and there are many more.
The downside to this strategy is, it’s really most helpful for those who are really rich. But it only makes sense to hire the kind of experts who understand this stuff when there is a lot of money to be protected.
Does this mean anyoneshould pay more tax that they have to? Of course not. I advise everyone to get smart about taxes for their situation. I also advise everyone to follow my next tip…
Survival Tip #4: Get Smarter about Making Managing Your Own Money
It’s always astounding to me how people with what I call a “poor dad” mentality act when it comes to their own money.
They put more effort into comparing the specs of flat-screen TVs and other toys than their investments. They don’t think about preparing for retirement until it’s way too late.
These people will suffer their own personal crash, no matter what the economy does!
Then there are other people who have done “well”, but who hand their money to a financial planner and never look back. That’s a huge mistake too. When the economy is good, everything seems fine. Their portfolio does well, because everyone’s does. They think they can cruise.
But trust me, when the next crash comes, they’re going to have a rude awakening. Financial planners will be scrambling to salvage the portfolios of their very best (read: richest) clients. They will be on their own!
So it’s important that we all make ourselves, our money and our financial literacy top priority NOW, because no one else will.
Everyone should become educated about:
- How to plan and stick to a budget
- How to manage and reduce their debt
- How much they really need for retirement
- How to diversify their assets and investments
Knowledge is power. Educated people will always do better in both good times and bad.
But it’s not enough to just play defense to preserve our wealth. That will only take us so far. We also all need to be constantly on the lookout for promising new trends in wealth creation.
I’m talking about things that can have a significant impact on our incomes and our futures.
This leads nicely into my last (and favorite) survival tip for just about everybody…
Survival Tip #5: Become an Online Entrepreneur
This is the strategy I’m MOST excited about right now!
There’s never been an opportunity like this in history. I know it sounds over-dramatic but it’s absolutely true. Today anyone can take total control of his or her financial future and generate an amazing, recurring income, with next to no risk.
With only a laptop, the internet makes the entire world into a giant marketplace. Any individual can tap into this amazing market using simple tools like email and digital downloads.
What’s truly remarkable is that It’s now possible to create a business that makes millions with very little overhead. The model I’m referring to requires:
- NO inventory
- NO physical product fulfillment
- NO substantial upfront investment
- NO physical location (like an office or factory)
That’s because the products being sold are all information-based, meaning they are digital. So the business owner can be virtually hands-off, anywhere in the world, because everything takes place online.
People doing this are literally making money out of thin air right now. Best of all, even a crashing economy can’t take it down. Customers will always search and pay for solutions they really need.
That’s why I believe online entrepreneurs will thrive during the next economic crash better than anyone else.
They’re going to be the legends people talk about in the future — the ones who became millionaires even during this crash!
The Internet Is The Easiest Tool To Protect Your Wealth Against The Coming Economic Crash - Here's a FREE Book To Show You How...
I’m sure anyone who’s read this far will be wondering how to get started.
One of my friends and foremost experts in this space has graciously offered my readers a chance to download his bestselling book for FREE.
Survive The Crash, Using The Internet.
The author has personally used the very simple strategies he outlines in this book to generate over $120 MILLION online, and counting! (Believe it or not,it’s mostly based on just sending emails.Anyone can do it! )
I know I was very excited when I first read this book. In fact, I even stalked the author until helet me write the forewordfor the edition you’re about to download.
That’s how certain I am that this is the best key to individual wealth today.
So don’t get hammered in the next crash. Get rich instead.
Download the book below!
P.S. I’d also like to invite anyone interested in this amazing opportunity to a FREE training where the author and I will walk through the entire business model from start to finish! (The details for the training can be accessed with the download.)
What They Say About Lead Entrepreneur and CEO of Lurn - Anik Singal
We need more people who are honest, legitimate, moral, ethical, and do business to make the world a better place... and this is Anik
Robert Kiyosaki Author of Best-Selling Rich Dad Poor Dad
If I want to learn something, I go to someone who has demonstrated by results that they know. Anik Singal knows!
Bob Proctor Thought Leader and Teacher in "The Secret"
Anik's teachings have not only had an impact on my life, but have transformed my kids lives. Powerful stuff!
Les Brown Best Selling Author, Coach and Speaker