What next?

Kia Ora,

Email received today talks of commodities (oil, gold & silver) being good investments (already knew that), but it also talks of the second round of subprime payments & more & another issue that has being talked about of late is the possible collapse of the Chinese economic bubble as there is less demand for their products.

China has being using $US bonds to buy as much resources as possible including gold mines. This in part is due to a hedge against inflation, but also in an attempt to keep their people working. Right now they are beginning to lay people off in large numbers. China is worried because the greatest threat the Chinses face they know from history is their own people when times get tough.

For some time now the Asian nations in particular, including China & India, have being telling their people to buy gold & silver due to economic storm that is coming.

The other issue they talk about is commercial property. World wide this market is collapsing so if you are prepared it will be another great investment.

If you are like me & aren't earning that much yourself at present then I have focussed what I have in gold & silver (don't just take my word for it. do the research). Gold for the short term & silver for longer term.

Ideally I would have prefferred to have gone with cash flow positive investments as I found out abou them in my next mistake along the path.

Was working in Iraq as security & it was a goal, but my other was to build equity back home to be able to use in building my security business on return. Then I decided I would read this book Rich Dad Poor Dad I had being hearing about. Already had one property & was in process of buying another to be constructed. Reading the book I realized what I was doing wrong & moved to correct it to make everything cash flow positive.

Part way through correcting mistakes, lost my contract. Thing is if I had being following the book from the beginning coming back would not of being a big deal as cash flow positive investments would of meant all good at this end. Irony was all the way through I was seeing these opportunities to have being in that position, but without the knowledge I was missing them.

So don't pass up the chance to seek out knowledge. If you don't have the money, don't say" I can't afford it". Say "how can I afford it(legally)".