Natalie Pace Blogs
Rich people know and understand the basics of money, and how to make the best out of any situation. It’s like playing tennis with Serena Williams. She can ace a tennis ball like a missile off your head, lob, volley or fake you out. She’s been practicing endless hours every day, and has thousands of tools at hand that you’ve never heard of.
There are many times when you’re going to be standing there stunned, wondering what just happened, as another ball zings past your face before you’ve even seen it. If you’ve ever felt that way about the economy, like say in 2008 and 2000, that’s what’s happening. The “smart” money knows when a house of cards is about to fall. The CEOs of KB Home, Countrywide, Toll Brothers and Goldman Sachs (and many more) all sold hundreds of millions of dollars of stock between 2005 and 2008 – before the Great Recession. It may be bittersweet to make money when others are devastated, but it is certainly better than losing.
In finance, amateurs get wiped out in recessions. Everyone makes money in bull markets, just as anyone can float downstream on a slow-moving river. It’s the white-water rapids that let you know, as Warren Buffett says, “Who has been swimming naked.”
As we enter the 9th year of the current bull market, and the white-water rapids of the next recession become nearer, here are some very important facts to consider.
Below are a few ways that Rich Americans protect themselves to rise above tough times and soar when the wind is at their back… Billionaires and Royals place a priority on family, on keeping their hard-earned money and on earning money while they sleep. If you know the tricks, you can embrace and adopt them, too.
10 Money Secrets Billionaires and Royals Know.
The rich are getting richer. The middle class is getting squeezed. And the lower class is still at the back of the line. You can change all of this by learning the ABCs of Money that we all should have received in high school. Call 310-430-2397 to learn more now.
If you want to get safe before the end of summer, join me at my next Investor Educational Retreat.
Natalie Pace is the co-creator of the Earth Gratitude Project and the author of The Gratitude Game, The ABCs of Money and Put Your Money Where Your Heart Is. She blogs on Huffington Post and Medium, and is a frequent guest contributor to national news shows and magazines. She has been ranked the No. 1 stock picker, above over 830 A-list pundits, by an independent tracking agency, and has been saving homes and nest eggs since 1999.