10 Money Secrets of Billionaires and Royals.

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.

• The last two times the economy went 8 years without a correction, most people lost more than half. There were 55% losses in the Dow Jones Industrial Average during the Great Recession, and 78% losses in NASDAQ in the Dot Com Recession.
• If you lost more than half in 2008-2009, and you haven’t made any changes to your nest egg, you’re more vulnerable today than you were then. Why? The U.S. economy is far more fragile, with $20 trillion in public debt and almost $66 trillion in total debt and loans outstanding.
• The U.S. risks a credit downgrade if the Debt Ceiling isn’t raised without a fuss by the end of summer or early fall (whenever the Treasury runs out of money to pay bills using extraordinary means).
• The U.S. is currently using extraordinary means to pay bills.
• The 1st quarter GDP growth will be reported on April 28, 2017. It is predicted to be just 0.6%, which is barely breathing. It won’t be alarming because this is where the 1st quarter has been for the last few years.

 
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.

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