What If There's Another Stock Market Crash? Can You Survive?
I have to change the ways I think.
I recently watched "Billionaires Dumping Stocks, Economist Knows Why" , which really scared the crap out of me.
Investors are dumping their "Consumer Buying Habit Stocks" in companies like Johnson & Johnson because another big financial crash is predicted and inflation will rise again. The value of a dollar will decline again too and even more people will lose their jobs.
A few days later I read How and Why to Be a Leader, Paying close attention to these two paragraphs, "Value - or values?" and "Vision - or truth?" which talks about how great leaders lead.
Then today I watched "Steve Job, One Last Thing". And then I realized , all though he is gone I can still learn from him.
Steve was particularly good at seeing what customers will want in the future and leading Apple towards that future. Bill Gates even complimented him.
I believe there will be a lot more talk about lowering prices when the markets crash. But I believe real consumer goal will be to get the Greatest Value For Their Dollar.
So I need to change the way I think so I can match my strategy to the ways customers will be thinking.
I don't know if I'll make it but I am trying to get ready.
Recent Comments
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This is a very scary article Craig, if it is only 50% correct. It is happening already in the US. with the ever increasing debt, and here in Europe it seems like a never ending recession.
Irony here. Just before 'Black Friday' lots of billionaires were dumping their stock. Each birthday I get changes done in finances, I dumped a lot of stock and bought Apple stock, on a dare. No regrets, some 25 years ago, they are part of my retirement portfolio today.
Point don't worry if you don't have stock, just means good changes will be happening, because they have to if we pay attention to today's trends in comparison to the past.
Good Post Craig. We all need to get ready, because we will be the survivors that will reach the global future.
I think so too. Be Prepared. Did you watch Billionaires Dumping Stocks? Did it scare you too? I had nightmare the first time I watched it. lol...I really did.
Thank you I think we always should be paying attention. We need to not be the like the ostrich.
God bless
Kymee
Funny I should read this blog for two reasons. One, I just helped my daughter write a presentation about Steve Jobs. I learned a lot about him, but was impressed most by his drive and determination. A few of his quotes reference electronics being his passion. It sure shows, even now. Just a few days ago, I wondered to myself how long we could keep up the stock market the way it is...