Financial Crisis & Personal Investments

Posted by Michael Michelini on Oct 10 2008

as we all watch the world “collapse” I sit back and ponder. I guess I feel a bit lucky, personally, because my life savings is currently invested in my own startups rather than a stock portfolio (except my rapidly deteriorating retirement fund which I cannot touch for 40 years anyway)

But we all need to sit back….should this say “why should I save my money just to watch is disappear?” – should this discourage saving, and encourage us to “live for today, live for the moment?”

I think instead it should represent that we need to Invest in ourselves and educate ourselves, pursue our dreams – wether that be starting a business, traveling the world, taking a job that may not pay the best but makes us happy! That is real investment, ensuring that you are fully satisfied with your life on earth.

Sorry for the preach, but hey, this is my personal blog and I can say what I want, right?

Piotrek

dude, that is pretty good advice. you are right, as we all watch our 401k plans drown (and we have been told to put money directly from our income into the stock market, inflating it) we have to remember, not to just spend. save for good investments but make those investments. invest in yourself, invest in yout business, invest in a business, invest in a house, don’t wait until its too late right. and it does look like you left wall street at a good time. about a year before shit started hitting the fan eh?
Miggity

how about you man? hows san diego???? you definitely were living a good life last time I was there, keep it real!

About

American ecommerce guy, I've been living in South China - Shenzhen, Hong Kong, Dongguan (+ a touch of Philippines) since end of 2007.

Successfully selling online since 2004, took it fulltime early 2007. Love international business & connecting, and working on ways to give hard working people global opportunities. (Read More...)