Since the 2008 crash and the way governments worldwide reacted to it, contrarians have been saying that the post-2008 boom is an artificial one and a day of reckoning is coming.
You see, politicians decided that the best way for them to deal with the crisis was to kick the can down the road by putting unprecedented amounts of money into the stock market, rather than dealing with the underlying problem.
Markets have been inflating and inflating over the past decade and a bit, with no real reason why. Just ask your average Joe if they think their lives have improved as dramatically as the numbers suggested.
We’re living deep inside the next bubble, and it finally seems like it’s coming to an end.
The coronavirus seems to have finally put a pin to the stock market’s balloon, and while you focus on how to keep your family healthy, which is obviously the top priority, you should also keep your eyes on what’s going on in markets worldwide.
Because the crisis doesn’t come gradually. When it hits, it hits like a tidal wave. And if you don’t prepare yourself, you might find yourself to be on the wrong side of the wave.
Time is running out to start controlling your income. Budgeting is great and really important, but if you just got fired and your income has gone down to $0, there’s no way to budget around that.
You need to start thinking about getting that side hustle started, before it’s too late.
You need to be one of the winners here. It’s as crucial as protecting your family from coronavirus.
You can start learning to control your income here. I usually don’t promote quick and easy, and this definitely isn’t easy, but it is quick(er).
Keep safe out there, and keep winning.
Hope that helps.
Jon