Trading Blogers

I just decided to write a post on my financial situation – because I can certainly claim to be an expert in creating disasters in my private economy. For many years I tried hard to ignore the fact that my financial situation was in a state where others would panic.

Ignoring was not really a god strategy, because it made me eat rice for months and suffer from…and I am not going there. It forced me to rewire my strategy, and the next one was to start listening to people who claimed to be the experts on the subject.

So where did I go for some good advice ? I thought the banks would be the obvious place to go, of course. I was the expert on how to suck resources out of my account, so now I needed my financial adviser to help me grow it and make it into a beautiful…well at least balance it.

So I meet with my financial adviser, my attitude was positive, just until he started to ask me all this questions…unpleasant once about my financial situation, it was when I realised nothing would change listening to him, the only outcome was that I became more unhappy. My adviser was doing everything he could to help, but he didn’t have ideas on how to change my situation around.

When we ended the meeting, he just wanted to give me this last advice: save some money every month, he sad, and added; it don’t have to be a lot.

I also heard this in the TV in Denmark not long ago; go save your money in this financial crises

I am not that financially intelligent and I have no problems admitting so, but this advice make me think I am. You see, I think this advice is the worst you can get. Normally when you invest in something, you choose something you believe will increase its value in the future. Money won`t. Maybe you could explain why we still are told to save money. Write to me, I would love to get a comment.

Money is designed to loose its value, it is never going to be worth investing in.

Let us say I save 10 000 dollar for ten years. They might be worth 7000 by the time I decide to use them…That is the strategy of disaster. Think of it…is there any hope that money today will have the same value as it had, lets say 10 years back?

I remember way back when I was a child, like 8 years old ( that is a little bit more then 10 years back ), the value of 100 Norwegian krone. If 100 Norwegian krone is going to regain its value from that time, tomorrow, or one week from now, I would without doubt stop spending the money I have in my bank immediately – eating only rice again…because that make sense.

Probably my bank adviser wont read this, but if he did, he would probably come up with some good explanation. While waiting for that I have studied more about this topic and met great people on my way, with a lot of wisdom about economy and life in general

I met Kip who retired from work before he was 40, because he simply didn’t have to work any more. Money is not an issue in his life, and I think that he have the know how I want to learn, so I got his latest advice – and it make sense.

A couple of them I am sharing with you:

“Those that hold gold and silver….those that hold growth stocks with bright futures….those that make smart financial decisions…and those that learn to think on their own, will be the new wealthy in the years to come.”

Also: ” Gold and silver are well on their way to being viewed as the only true currencies on the planet.”

Another great financial adviser of mine made a video about this topic, you will find it on my blog post “Why Are We Told To Save Money?

Meet Ingebjorgs other financial adviser by looking at his movie it is at the end of the article in her site. Then go and get a look on the strategy Ingebjorg is training her group to use, to build their businesses online