Change. Over the past several weeks we have experienced more change in our economic system and in our institutions than the majority of us have ever seen in our lifetimes. Large financial institutions have failed or been taken over by others as the system works to cleanse itself of a lot of bad decisions taken by the so-called financial experts. Boom has effectively turned to bust! Looking back over the past five decades it seems to me that there is a pattern of a ten year cycle whereby the economy grows and then contracts. The dot com boom had many people thinking early retirement. This latest phase had everyone thinking about whether or not they could retire. This "bust" likely confirms that. The key lesson is that what you do is up to you - waiting for the government or others to do it for you just does not work. So look at your options and start to think about the changes you can make to create the best possible future for you.
" Ruminating about the past will get you nowhere. So go ahead and learn from the past whatever you can, and then put it behind you. Remember, there is nothing you can do to change it, but you can use its lessons to improve your future."
- Abraham J Twerski
Phone: (441) 238-1682
Fax: (441) 238-1674
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