So, take a deep breath, then absorb this simple fact: the flip side of CRISIS is OPPORTUNITY. You simply cannot have one without the other.
In fact, the Chinese only have one word that covers both - they use the same word for crisis as they do for opportunity.
Here's what this means for you - it means that the current financial crisis is rife with opportunity, for those who keep their eyes open.
It has been many years since stocks have been this low - there are a lot of great deals out there. They won't make you rich right away, but over time, they will pay off big time.
Home prices are down. If looking for real estate, this is THE time. Prices are down, and so are the interest rates.
Good, sound businesses cannot get all the credit they require. If you have a few bucks salted away, consider investing in local businesses that are unlikely to fail. Buy in as a percentage partner. After the crisis when the business grows, so will your net worth.
Opportunities are more plentiful in times of crisis than at any other time. Take advantage.