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Everything Will Be All Right

successlargeHere are some thoughts, based on and loosely translated from an article by Dalius ex memel:

The financial system is a clever human invention indeed, yet it is an illusion. How can the cost of company shares change by fifteen-fold? Is this natural? No. It is an Illusion, a Sham.

Finance and Economics are two distinct entities. Economy is a natural process: One sows seeds (invests), grows them, looks after the plants (control of investment), and finally reaps the harvest (collection of dividends). This is true Economics.

The Financial system, in contrast, is an illusion and a sham by design. In general, the fluctuation in share prices occurs as a result of human sentiment and market manipulation. It is not based on fundamental worth. The system is unnatural. We invest in the unfounded belief that demand for shares will inevitably rise, from which we may profit.

The individual should make his own investment decisions and never assume that others will invest with more care or with a greater sense of responsibility than himself. Make your own investments, control and watch them yourself. If you do so, you will escape the illusion that so many have fallen for at their peril, whose hard earned money has been whittled away.

Don’t trust others with your money, as you would not entrust others with your other responsibilities, such as your family duties, your profession or trade, your hobbies, etc.

Nobody is buying Real Estate at the moment, yet around the world the prices are looking very low and there are many interesting choices…

However, do not sell a valuable asset (land/housing) at a ridiculously low price if it was bought at a high one. It really isn’t worth it.

Those who are selling such assets currently have good reasons:

  1. Divorce
  2. Death
  3. Debt to the Bank
  4. Loss of income

If you have to sell because of one of these, and you are really worried about your future, then do so, and accept our sincerest well wishes.

You may find yourself in such a situation, where you are living beyond your means, having fears of the immediate future. Perhaps you are finding your health deteriorating, or you are finding your debts to the bank becoming unmanageable. This can’t be an easy life, and what is more you probably have a family to support, so here is a way out:

Start your own company – do that which you have always wanted to do. Now is the time of opportunity to start building a business based on the things which you know most about. Pursue your dream. It’s possible to get things moving at half the price that it cost even two years ago. Consider employing members of your own family, so that you don’t need to hire staff. Your office can be run from home, or with the retail real estate market in the shape that it is in, renting an office is probably looking quite cheap at the moment.

Eliminate your debt to the bank, perhaps by moving to humbler living quarters in a better location, such as in the city center. Once you have your affairs in order, you will find such an investment much easier to sell. You will maintain liquidity in any market, as there will always be people wishing to live there. If your family is large, then an option might be to lease out the city apartment and rent something cheap that will accommodate your needs.

Secure your basic resources, such as water, basic medicines (especially natural medicines), food and energy. In the coming few years these basic things are likely to be in short supply and you may be caught out with the masses. Make a list of these basic requirements and base your shopping on them. Have something of a stockpile. You will save time and money.

Spend time making contacts and keeping friendships alive, so that you can form your closed circle, with which you will feel safe. Just as family life needs love and care, so do outside relationships. Join social groups which match your personality and interests. Use your free time constructively.

Educate yourself and your family from classical/traditional sources and teachers. Read good books, look at positive and wholesome films. Don’t watch television and stop reading meaningless magazines full of gossip, or the same news over and over again. A basic understanding of world events is enough, so that you can at least conduct a meaningful conversation on such things, without losing yourself in detail. World news and politics can be a very useful thing to have deep knowledge of, only if it ultimately serves to change what you do with your life. Beyond that, it is a waste of time. In times of change and crisis, many become news junkies, addicted to bad news and thinking they are getting something out of it by telling everyone else the sensational bits. It’s actually no help to anyone.

Arm yourself with patience and inner peace. After the coldest Winter comes the sunshine of Spring. So, after the coming times of hardship will follow better times. Patience is an art and a skill that can be learned. Nurture and develop it in yourself. Time is your friend.

The future will be brighter, if you think carefully about your principles and are clear about your priorities. Concentrate on the tasks at hand, and not about the worries around you over which you have no influence.

Do things with conviction, as though it were a life or death struggle, and you will find success.

Good luck!

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