The Economy

There are so many economists these days that make nonstop predictions about what is going to happen. Although, they’re economist most of them aren’t even qualified to make such analyst. Did you know that economics isn’t required in high school and college? That is why the majority of people don’t have a basic understanding of the economy. However, when making investment decisions you SHOULDN’T put any economic factors into it. No one can guess or predict the economy accurately the only thing you can do is make sound investments. If it is a good investment, it will get through the rough and difficult times.

Imagine if you didn’t’ invest because of WWII, Vietnam War, Gulf War, Iraq War, you would lose out on so much money. Don’t let the so called economist fear monger you into buying into gold, or other useless commodities to protect yourself. I have a lot of faith in America, and their economy therefore I put no judgment on economic predictions. However, I do listen to Janet Yellen to get an understanding of what she’s saying and then I make my own analysis of it. In addition, based on what she says I look at how the market reacts, and the economic data published.

Go for Rich,

Ronald