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What will you do if the economy goes south like it did in 2008? Now is the time to decide.
Why now? Because developing Plan B while NOT under stress is a wise decision. Plus, Plan B can help make you wealthy.
When under stress, we tend NOT to think clearly. Here is a scenario of what could easily happen . . . .
First, you want to roll your 401K into a safer environment.
Oh, you didn’t diversify your retirement account. You left everything in the company stock? Now, the company is losing money, like running water.
Hummm…..
Okay, you invested in gold, but instead of taking possession of your gold after you had a specific amount, you left it with the company, and the company, well . . . . they are limiting the amount of gold you can sell because, after all, the bottom just fell out of the economy!
Of course, your neighbor took possession of his gold, and yesterday, after you got laid off from your job, you saw him out in the backyard digging a hole. He said he was planting flowers!
You know he was either burying his gold or digging it up.
The stock market has gone to hell, but you will do what the rest of America does. You will wait. The stock market will recover.
