Many people who don't have stocks, bonds, options or anything else having to do with the stock market think, "Oh, at least I won't be affected by the recent biggest drop in stock market history."
But think again.
This is EXACTLY what people back in the Great Depression thought during the stock market crash on Black Friday in 1929.
"I don't have any stocks so therefore I'm immune..."
Immune from losing your job? From not being able to sell things because nobody is buying anymore? Immune from WHAT exactly?
In fact, back then, if you actually talked to anyone in the soup lines back during the Great Depression of the early 1930s, you'd quickly realize that MOST didn't even own one stock. (Quite a few who DID own stock ended up jumping off a building and killing themselves after the crash of 1929, saving themselves the humiliation of standing in a soup line at all.)
Now, the way I see it (and as a short disclaimer, I'm not part of the Psychic Friends Network and I don't have a crystal ball) but usually when we're hit very hard with a recession (as we did after the crash of 2008) then the next one is usually -- USUALLY but not always -- an "easier" recession. However, you usually don't get a full on "crash" to kick of the next few years as being "mild," if you know what I mean. So this could go either way.
And yes, I've been warning you about this for 18 months. And yes, I told you so.
So, how does this tie into real estate investing exactly? Ah! This is when all the opportunities will start flurrying around. Foreclosures come back into the picture. (They have been already for the past quarter or so.) More inventory comes on the market. Prices drop because of the overabundance of inventory on the market.
And THIS then becomes YOUR opportunity to get yourself some cash flowing properties if you haven't started already. And if you have started, keep adding more properties onto your portfolio.
I have a very unique opportunity for you that I think you'll really like! CLICK HEREand you'll see what it's all about.
In the meantime, instead of being depressed about the recession coming up, be happy. Recessions are when I make the most money and it can be when you make the most money too!
See you at the top!
Your mentor,
Monica Main
P.S. If you haven't signed up for the Detroit Real Estate Boot Camp Seminar yet then you still can. CLICK HERE to reserve your seat. After this weekend, I'm raising prices again so claim your seat now while you still can.
It's VERY RARE when I come across an opportunity like this. In fact, something like this only comes around about once every 5 years or so.
What am I talking about?
An opportunity to do direct partnerships with a real estate powerhouse who can really help you take your real estate investing to the next level (or ANY level if you haven't started yet).
CLICK HERE to listen to a brief audio seminar that talks about how you can partner directly with one of my students who is making over $170,000 a month with this very unique type of real estate investing.
Now, of course, this type of investing isn't for everyone. It's a specialty type of commercial asset that he specializes in.
The good news is that he's looking to expand out in every major city (with a population above 250,000 people)...even if you're in a hard-to-cash-flow area like New York City or Los Angeles.
Happy MLK Day! I hope you're having a splendid day off.
And if you're not taking the day off, YOU SHOULD BE!
Just last week I was watching a movie fave of mine called The Bucket List with Jack Nicholson and Morgan Freeman. Good movie, by the way, if you haven't seen it.
There's one line in the movie that gets me every time.
Morgan Freeman (as Carter) is talking about his life and why he didn't do some of the things he though he'd do by that point: "Forty-five years goes by pretty fast."
And Jack Nicholson's character (Edward Cole) says in response: "Like smoke through a keyhole."
Like smoke through a keyhole.
That's how fast life goes by, folks. Like smoke through a keyhole.
Last week I was making a brief personal life assessment and started thinking about the dreams I've given up. Dreams that, perhaps, someone along the way (including that "inner someone") who convinced me that aren't "possible" for me to accomplish. These are things that I've somehow come to "automatically" believe without much (or any) substantiation as to WHY these things aren't "possible" for me.
I went down my dream "impossibility" list and analyzed each item:
Dream #1: To become a best-selling novelist. Hmmm. Why did I resign to believe that THIS wasn't possible for me? Let's think back: I decided at some point that I didn't want to be the "struggling artist" and thought that all (or most, anyway) novelists never make a dime. Those who do make money still have to have second jobs. Why have 2 jobs when I can only have one? So, I gave up THAT dream many years ago.
Rebuttal: A positive monthly cash flow in passive income buy-and-hold (forever) properties allows me to literally sit on a beach with a laptop (and ideally with some type of alcoholic umbrella beverage) to write...whatever. Would it ever matter if ANYTHING sold? (Guess not.) And instantly THAT dream was revived again.
Dream #2: To become a successful screenwriter. When did I believe that THIS wasn't possible for me? Oh, yes. It's when I decided that Hollywood was a total pile of sh** and that I didn't want to have anything to do with it. And also, see part of dream #1 above.
Rebuttal: As one of my MFA professors explained to me in the last leg of my degree journey, I have the ability to RAISE MY OWN MONEY using the techniques and strategies I've been using for buying property...and simply GET FUNDING for MY OWN FILM rather than dealing with Holly-Weird and their many disgusting and ego-driven intricacies. So...what kind of film would I do knowing I could do ANY type of film? (Actually, the answer would surprise you. I have very little interest in doing a movie but I have tossed back and forth the idea of doing a documentary. More to come on that...later on...since YOU may actually be IN that documentary!)
Dream #3: To move OUT of California. Why did I want this? Oh, that's right! It's because I freaking HATE living in California because of so many back-stabbing phony baloney plastic people I have to deal with on a daily basis here. So, why don't I just MOVE then? Well, this one is a little more complicated than items #1 and #2 above because this one includes someone else. It includes my 9-year-old daughter and she wants to be close to her dad. So, this one is kind of on hold for a little while. And even when she turns 18, it may be on hold for longer than that still...probably until she finishes college. (She's already wants to attend Cal Arts.) But that doesn't mean I'm not scoping out where I'll be living AFTER all that happens. (I have my eye on either Destin Beach or Fort Walton Beach, Florida...climate change, be damned. I don't care anymore.)
Rebuttal: None. I kind of included it above already.
So...what the hell is the POINT in all of this?
When you have a CASH FLOW from PROPERTY that gives you a MONTHLY STEADY INCOME month after month, year after year, this allows you several freedoms that can completely change your life:
Freedom #1: You follow a "foolish" dream like becoming an artist, sculptor, writer or even a world traveler and never have to worry about having that JOB to pay the bills because your property cash flows pay the bills FOR you. All while you follow whatever "whim" you have at the moment.
Freedom #2: You can do BIG THINGS like make a movie, fund a huge important project, or start a "legacy" kind of business with money FROM SOMEBODY ELSE. You don't have to scrimp, save, and scrape sofa change together to try to make your dreams happen. You can GET FUNDING for all of this INCLUDING the real estate that's going to be getting you that monthly cash flow that is outlined above.
Freedom #3: You can LIVE WHEREVER YOU WANT in the ENTIRE WORLD and you'll still get that monthly cash flow from either the business you built (using OPM) or the real estate empire you built (using OPM) or doing BOTH (ideally...using OPM).
Remember, ALL of those dreams that you gave up all BECOME POSSIBLE when you gain access to MONEY?
Why am I bringing all of this up?
Because I started thinking about how FAST life slips by -- like smoke through a keyhole -- and how many things I threw on the back-burner because I thought I couldn't pull off those dreams or I figured I'd get around to them later. And here I am, at age 43 (still pretty young), and now having some SERIOUS conversations with myself about NOT giving up my dreams anymore only because of HOW FAST life goes by. And that maybe "later" is really NOW.
How many times in the past couple of years, months, or even weeks have you been thinking about how FAST it's all going by and...how you better start doing something about the things you want to do NOW? Before it's too late??!!
I'm here to tell you that it's NOT too late. You just have to understand some tools that are available to you. You have to understand how to build wealth. And mostly you need to understand how to GET THE MONEY for the wealth you want to build to be able to get the freedoms you are looking for.
Listen, when it comes down to it, there is only ONE thing that tends to hold my students back from getting a business off the ground or investing in their first piece of cash flowing real estate. It's the LACK OF MONEY that stops all progress in this department.
But it doesn't have to be anymore.
For the FIRST TIME EVER, I'm doing a VERY RARE NEVER-TO-BE-REPEATED Mentorship Group (which starts TOMORROW) called the Get Money for Deals Mentorship Group. (CLICK HERE for more info.) This is an 8-week 100% online group with weekly live webinar trainings (which are all recorded in case you cannot make the session). This rare and unique group will show you the easiest tested-and-proven strategies on getting money for anything and everything from making a film to investing in real estate to starting a business. ANYTHING you need money for, you CAN get and I'll show you every trick in the book on how to do that.
This IS the most VALUABLE skill you could ever learn: GETTING MONEY. Just think about it: it removes EVERY other obstacle you thought you ever had to success because, after all, the #1 obstacle is GETTINGTHEMONEY to build wealth. For the first time ever, I'm removing that obstacle for you.
But, this group STARTSTOMORROW. So, you MUST enroll today if you want in. CLICK HERE or call (661) 295-5050 after 9am PST to register. Before it's too late!
You know, most of us are running around ragged, overwhelmed, and on the verge of a complete breakdown...more so than ever before because of the current demands that life has for us in this day and age. At what point are you going to sit yourself down and ask yourself, "Does this madness of a life make any sense to me anymore? Or do I want to go for something BETTER for me and for my family?"
Yes, it's time. It's time to do something BETTER now.
P.S. Platinum VIP for the 3-Day Real Estate Cash Flow Boot Camp Seminar in Detroit, Michigan on March 8th, 9th, and 10th is SOLD OUT! I do have Gold VIP available with an upgrade option to were you can still take the SPECIAL 1-day Get Money for Deals Workshop (on March 10th). CLICK HERE to register now before we're completely sold out!
Have you ever thought to yourself: what is the BEST way to get funding for a new start-up business or to get a down payment on a nice cash flowing apartment building deal?
Did you ever think... "Hey, maybe I should go to a bank?"
If you've ever thought that, STOP thinking that right now. Banks are NOT where you get money, quite contrary to popular belief.
Most successful business owners and real estate investors KNOW that banks and mainstream lenders is NOT where you get money for your deals.
Especially now.
Why especially now?
Because banks are now tightening up on lending because they're bracing themselves for a replay of 2008. Now, I don't think it'll be as bad as 2008 but we're definitely going into a recession as we have yet ANOTHER sub-prime credit bubble burst coming our way. (Yes, ANOTHER one, believe it or not. You'd think we would have learned our lesson the first time but evidently we didn't. Greed makes people forget a lot of things relatively quickly! Ask any of the CEOs who walked away with millions while people lost their life savings back in 2008. They'll say, "What happened in 2008? I don't remember anything happening in 2008. What did I miss?")
There is a VERY UNIQUE set of ways in getting funding for just about ANYTHING you want funding for.
Want to make a movie? I can show you how to get the money for it.
Want to start a new internet business? I can show you how to get the money for it.
Want to get money for a down payment on a nice profitable cash flowing property? I can show you how to get the money for it.
And each way -- depending on WHICH you'd choose above -- would require a DIFFERENT way of getting the money.
And NONE of those ways include filling out a loan application at a bank or with your run-of-the-miller money lender/broker.
I have an 8-week 100% online mentorship group coming up which starts on Tuesday, January 16th. This is a group that I've NEVER done before and -- after it's completion on Tuesday, March 6th -- I won't be repeating this group ever again.
Each week we will cover tested-and-proven ways for you to GET MONEY FOR DEALS regardless of that that "deal" would be. These strategies will RANGE from tapping into personal and business credit to more advanced methods of getting multi-millionaire and billionaire investors to invest in your deals including business start-ups and real estate transactions. And, of course, there's everything in between. I will only be covering GET MONEY FOR DEALS strategies that are (a) easy to do...easy enough for ANYONE to successfully pull off, and (b) that have been tested-and-proven to work time and time again provided that all the very basic steps are followed.
Because think about it, you CANNOT and SHOULD NOT go to a bank or mainstream lender for ANY type of money you need, whether it's a signature loan or a commercial mortgage on a property deal. You simply cannot and should not use these sources because it's so hard to qualify, even during a GOOD economy. Imagine how hard it'll be when all the sh** hits the fan with the sub-prime bubble officially bursting all over the place. This is when it'll go from "very difficult" to "impossible" to qualify for these types of loans. (And if you don't remember what it was like to get rejected by mainstream lenders and banks, just remember what it was like trying to even get an unsecured credit card while having a 750+ FICO back in 2009. Yeah...THAT difficult!)
CLICK HERE to register for this VERY RARE and ONE-TIME-ONLY 8-week online mentorship group now before we fill up!
Now, remember, this is conducted 100% online. Even though we do weekly live trainings which will happen in the afternoon every Tuesday (for 8 weeks, starting January 16th), you don't have to be present for the live training. I record each training and I post it on a Member's Only access page (that you'll have a user name and password to access). This is where you can see the training, download any applicable materials, and download your Action Sheet which MUST be completed AFTER you watch the training but BEFORE the following week's webinar training takes place. This way everybody stays completely on track with everything.
Again, this Get Money For Deals Mentorship Group will ONLY be run ONE TIME and that's it. This is for ALL of you who want to be able to continue investing and building a business during our upcoming financial crisis by having constant access to cash while everybody else simply WON'T.
P.S. We've filled up with Platinum VIP for the Detroit Real Estate Cash Flow Boot Camp Seminar on March 8th, 9th, and 10th. However, you can register as a Gold VIP and pay an extra fee to attend all 3 days since the 3rd day (March 10th) will be a SPECIAL Get Money for Deals Workshop! CLICK HERE to get registered NOW!
I'm pretty sure I started warning everyone that this was coming...back in late summer of 2016. Then the "reports" came out after the close of the 3rd and 4th quarters of 2016 substantiating everything I said: that the "sub-prime" credit bubble was set to burst. Again.
And now the numbers are worse than ever before, even to the point where Warren Buffet decided to sell off his stake in Wells Fargo, a noted sub-prime lender of all kinds of sub-prime debt including car loans, signature loans, home mortgages, etc.
Apparently nobody learned ANYTHING from pre-2008. And if they did learn any lessons, they've certainly forgotten them already.
As of the close of the last fiscal quarter (4th quarter 2017), approximately 6 million people (all with credit scores below 620) were 3 or more months late on their car payments. Even worse, car loans are STILL being made to people with FICO scores of around 520. These people shouldn't be given a loan for ANYTHING let alone a new (or used) car.
And yes, banks have already restricted lending on -- you guessed it -- REAL ESTATE because they have to start hedging their bets against the astronomical losses on all kinds of loans that they're already taking.
This would be REASON #1 as to why and how our economic conditions will suddenly show signs for the worse.
So...what would be the second reason?
Remember that "trickle down" economics theory? You know, the one that NEVER works the way anyone tries to "sell" it to the American public that it will? Well, your large corporations like Carrier are laying people off because, well...they would like to keep EVEN MORE of their newfound profits. Why stop at just paying LESS in corporate taxes? Why not lay unneeded workers OFF to keep EVEN MORE money? As Homer Simpson would say, "Duuooh!" Yes, after the fact, it kind of IS that obvious to those of us who actually have a few working brain cells in our skulls.
The final reason is -- as something I've been talking about for YEARS now -- plants, manufacturers, and even RETAIL businesses are starting to AUTOMATE anything and everything they can.
Case in point, Amazon has been promising jobs left and right to be able to get local tax breaks AND promised incentives to park their new distribution centers in a wide variety of areas including economically-stressed places like Detroit. What they'll generally do is make a load of promises on jobs, get in there, and every-so-slowly hire people in...probably with no intent on keeping up with the promised job numbers. At least not any time soon. For example, they have a new 1-million-square-foot warehouse in the Midwest in which they promised 1,000 new jobs. First of all, a warehouse THAT size should command many more than just 1,000 jobs. But even still, they didn't hit the mark on hiring all these people. Not yet. Will they? Who knows?!
Walmart and many other companies are cutting back staff and employees for automated technology. And I've been sending out this warning for a long time now.
In fact, if I owned a bunch of fast food restaurants -- say McDonald's -- and I was suddenly hit with this new $15-an-hour minimum wage requirement, I'd GO INTO DEBT for the next 10 years buying new automation equipment than to cheerfully give a bunch of career-burger-flippers a full-time position at $15/hour for...flipping burgers. Ridiculous. If anyone ever thought that kind of job was supposed to be a career giving them a "livable" wage, think again...and maybe go back to college while you're thinking.
Back in my day, getting a McDonald's job was supposed to be for those of us still living with our parents. It was supposed to be a side thing that we did after school and on the weekends while we were in high school for some pocket cash. It was NEVER meant to be a "career" by any stretch of the imagination. So, all these dim-wits who think that a job like flipping burgers at McDonald's IS supposed to be a long-term career...well, those people are all in for a very rude earth-shattering awakening when these business owners start thinking like I do and that is to AUTOMATE and REPLACE as many human workers as possible.
After all, why deal with the employee liability when you don't have to with a robot? No more calling in sick (and taking sick pay), being rude to customers (including spitting in the food), dealing with sexual harassment charges or other possible bogus claims, having to shell out on unemployment if they are "not rightfully" terminated or laid off, paying for insurances (health and Worker's Comp)...and on and on it goes with human workers. With robots, all you need is an independent contractor to service the equipment once in awhile and...there you go! No inconsistencies in performance, no liability, no additional expense...no nothin'!
TREND ALERT: If you're paying attention to what I'm saying, you'll realize that being in the "robot biz" is where it's going to be at now and in the future.
If you recall -- post 2008 years -- our economy shifted in such a dramatic way, even eliminating certain industries altogether AND IT'S ABOUT TO HAPPEN AGAIN!
Are you prepared?
The BEST way to prepare is to get started investing in buy-and-hold assets like small apartment buildings. But, herein lies a new upcoming problem: getting money for your deals. I had a student send me a lengthy email about how she didn't understand why a property she is in the middle of escrow with (right now as we speak) just got the funding completely pulled by underwriters this week. "Why?" she asked. Completely bewildered.
Because this is what ALL banks and lenders are going to be doing until this recession is over which, I'm calculating, will be around 2020 or 2021.
So...how do you get money to start a business or to invest in real estate or to do ANYTHING for wealth-building activities?
I have an answer for you. CLICK HERE for the answer that will LITERALLY be the answer to your prayers when the sh** hits the fan (which is happening NOW if you're paying attention).
See you at the top!
Your mentor,
Monica Main
P.S. We still have some Gold VIP seats left for the Real Estate Cash Flow Boot Camp Seminar WITH the Bird-Dog Opportunity on March 8th and 9th. CLICK HERE to register now!
We made it to 2018 and I wanted to be the very first to tell you...HAPPY NEW YEAR!
Yes, 2017 was a rough one for many of us (yours truly included) but we made it to a brand new year and I have a feeling that this one is going to be FANTASTIC...one for the books, for sure!
Don't you just feel...different...already?
I know I do!
I feel refreshed, brimming full of positive optimism, and really ready to start taking on 2018 with fresh eyes, a full heart, and loads of energy and enthusiasm like never before.
And I'm very glad that you will be a part of my life through this awesome New Year of 2018!
See you at the top!
Your mentor,
Monica Main
Some "housekeeping" notices as we enter 2018:
1) The new broker who is getting loans for my students between $20,000 and $200,000 is part of the NEW Million-Dollar Resource Directory for my newly released No-Cash-No-Credit System for 2018. He can offer unsecured personal loans for personal reasons, business start-ups and real estate deals. There is NO income verification, NO collateral (hence the use of the word "unsecured" above), NO verification of employment, NO upfront fees and NO application fees. Shaky personal credit is okay. The special pricing AND broker bonus for the $20,000 to $200,000 is ending Wednesday, January 3rd at 5pm Pacific Time. CLICK HERE to get it now.
2) I've already gotten quite a few applications for my Apprenticeship Group 2018 (starting in mid-March) in which I'm only accepting 12 people. This is a VERY RARE group that I've only done ONCE before (back in 2010) and the likelihood that I'll be doing it again...is somewhere between 0% and 5%. So not very likely. If you're interested in more information about this highly exclusive and very rare group, CLICK HERE NOW!
3) You only have until January 2nd to get the early-bird pricing discount deal for the Detroit Real Estate Cash Flow Boot Camp Seminar (March 8th-10th) and the option of putting down only $100 to lock in your spot and price savings. CLICK HERE if you haven't locked in your spot at this incredible never-again-to-be-repeated event this coming March in the Motor City. This is the event where I'll be revealing a rare opportunity to work as a bird-dog for one of my newest investors where you can make up to 3% in referral fees off any deal that is 100 apartment units or more at a seasoned 90%+ occupancy with a current CAP of 8.5% or higher. NO MAX PURCHASE PRICE! Do the math to see what type of money figures are possible! It's HUGE! And only those who attend this event will get to participate. No exceptions.
4) Monica Bucks is ending soon...on Friday to be exact. CLICK HERE to claim your Monica Bucks now...which can be used for heavy discounts on my stuff. The last time I gave away Monica Bucks was over 2 years ago so this is a RARE deal. Take advantage while you still can!
I've been getting an overwhelming amount of questions about this $20,000 to $200,000 unsecured loan.
So, here are the details:
You MUST borrow between $20,000 to $200,000. No, you CANNOT borrow $2,500. And no, you CANNOT borrow $250,000. So, I think the range of $20,000 to $200,000 is pretty clear as far as I can tell. (Therefore, for those of you sending emails about this, please stop asking if you can borrow more or less. The reason there is a specific range is because, well...there is a specific range. It's NOT a "recommended" range. It's a SPECIFIC range so please stay within this range.) Once you pay the money back, you can then take the money back out. Only ONE loan per person at a time which, again, can be re-loaned out to you once it's paid back.
This is an unsecured signature loan which can be used for personal use, real estate down payments, a business start-up or whatever you want. This can also be set up as a revolving line of credit as well.
There is NO income verification, NO collateral (hence the use of the word "unsecured" above), NO verification of employment, NO upfront fees and NO application fees. Shaky personal credit is okay.
Aside from that, I think I just gave you ALL the information you need on this new loan broker and his loan/LOC program he is offering to you at this time.
And if you're going to ask me about APRs and interest rates, I don't have a designated answer for any of you because this WILL VARY based on your personal credit rating. So, I cannot give you a blanket estimated APR or interest rate that will encompass everyone in the world because that's not how the business of finance works, as you probably well know by now.
CLICK HERE for more details about how you can gain access to this first-time-ever offered broker source so you can get your loan of $20,000 to $200,000 in as little as 10 days!
See you at the top!
Your mentor,
Monica Main
P.S...Several "housekeeping" notices before we roll into 2018:
1) I've already gotten quite a few applications for my Apprenticeship Group 2018 (starting in mid-March) in which I'm only accepting 12 people. This is a VERY RARE group that I've only done ONCE before (back in 2010) and the likelihood that I'll be doing it again...is somewhere between 0% and 5%. So not very likely. If you're interested in more information about this highly exclusive and very rare group, CLICK HERE NOW!
2) You only have until January 2nd to get the early-bird pricing discount deal for the Detroit Real Estate Cash Flow Boot Camp Seminar (March 8th-10th) and the option of putting down only $100 to lock in your spot and price savings. CLICK HERE if you haven't locked in your spot at this incredible never-again-to-be-repeated event this coming March in the Motor City. This is the event where I'll be revealing a rare opportunity to work as a bird-dog for one of my newest investors where you can make up to 3% in referral fees off any deal that is 100 apartment units or more at a seasoned 90%+ occupancy with a current CAP of 8.5% or higher. NO MAX PURCHASE PRICE! Do the math to see what type of money figures are possible! It's HUGE! And only those who attend this event will get to participate. No exceptions.
3) Monica Bucks is ending soon...in only a few days to be exact. CLICK HERE to claim your Monica Bucks now...which can be used for heavy discounts on my stuff. The last time I gave away Monica Bucks was over 2 years ago so this is a RARE deal. Take advantage while you still can!
The biggest frustration I hear over and over again when it comes to starting a business or investing in real estate is this:
"I don't have MONEY to get started!"
But what if I told you that I SOLVED your problem for good?
That's right! I did!! (And you can thank me later by sending me a fruit basket or something.)
I have a new broker who can get you $20,000 to $200,000 even if you have shoddy credit. And this money can be used for ANYTHING including a business start-up and investing in real estate (to use as your down payment).
P.S. We still have spots left for the Detroit Real Estate Cash Flow Boot Camp on March 9th and 10th with a GET MONEY FOR DEALS special exclusive workshop on March 10th. CLICK HERE to register if you haven't already. With only $100 you can hold your spot...but that opportunity is ENDING SOON! CLICK HERE to lock in your spot now!
If you haven't been paying attention, the Republican party is about to pass a new tax bill that is SOOOOO Republican in nature. Let the rich get richer...and let the poor and middle class hump the load with a bigger tax bill to pay for everything.
And if you think for a second that this bill will benefit you, the Worker Bee, just read up on Reagan's "trickle down economics" from the 1980s and see how that played out. (Spoiler alert: Companies DID NOT "pass down" what their tax savings to their employees in bigger paychecks, more workers, bonuses, etc. Real estate investors and those purchasing real estate were hit with the highest interest rates for mortgages IN HISTORY. And, oh, I can't forget...our stock market CRASHED in 1987 and threw us into a pretty heavy recession thereafter. THAT is what happened. How soon we forget.)
This is what WILL do in the middle class, for good. This is that "inciting incident" (or the incident that triggers a downfall of some kind) of the destruction of the middle class.
We're going into a recession. RIGHT NOW, in fact. I've been telling you this for the past year. Listen to me.
But, you may be thinking, "What can I do about it?"
First of all, if you know the rich are getting richer while the poor will keep getting poorer, you only have ONE solution to that problem: YOU MUST BECOME RICH! Period. No exceptions! Become RICH so YOU can benefit from all these wealthy tax breaks.
"But how can I do that?" you whine. Maybe you don't have a clue. Maybe you think you don't have resources.
After all, YOU NEED MONEY TO MAKE MONEY!
That is true, to some extent.
There's a powerful audio seminar I'd like you to listen to. CLICK HERE. This will really bring it home for you, make you fully understand exactly how you can "come up" in the world of wealth building (even if you have nothing right now), and how there ARE resources for you to get just for the asking. You just have to know what to do.
CLICK HERE to listen to this powerful audio seminar NOW!
There are so many changes that took place during our last economic downfall in 2008 and thereafter. Things are about to shift in a major way AGAIN. Just when everybody barely got a breath, things are shifting beneath your feet. If you're not ready, you're not going to survive.
Life is nothing but a series of choices. You CAN make a simple choice before these upcoming changes occur. Either stay broke and get poorer because you'd rather be a helpless "victim" in all this.
Or you can choose to get rich.
Your choice. Very simple!
CLICK HERE to listen to this powerful audio seminar now.
See you at the top!
Your mentor,
Monica Main
P.S. Claim your MONICA BUCKS before they're gone. CLICK HERE NOW!
I'm a Gen Xer, sandwiched nicely between the Baby Boomers and the Millennials. We're the under-rated generation, born between the mid-1960s and the early 1980s. A lot of us got our work ethic from our Baby Boomer parents while being able to easily adapt to the introduction and constant tweaking of technology. We're also able to adapt to the swift changes in the economy, implementing "old school" and "new school" together to make something "awesome-school." (I know, that's pretty lame sounding.)
So, what's the point of all this?
Many Baby Boomers are retiring or already retired. They hold the vast majority of the wealth in this country and have the most disposable income.
But soon they'll be dying off. In fact, the older portion of this generation already are. It will be within the next decade or two before the vast majority are gone from this earth.
Then we have Generation X which is my generation. There aren't nearly as many of us as there are the Baby Boomer generation. Yes, we will inherit a lot of the Baby Boomer's wealth as they pass away and we generate our own impressive incomes in many cases. So, we'll be replacing the Baby Boomers BUT NOT IN SUCH LARGE NUMBERS. Imagine cutting the Baby Boomer population down to 25% (or less) and that's what you have with the amount of populous falling in the Generation X generation.
Not an impressive number AT ALL.
So, yes, per person the spending power will still be there just like with the Baby Boomers except that there aren't nearly as many of us to sell stuff to.
Then...
Drop down to the "lost in space" Millennial generation who have eyeballs glued to their iPhones and iPads all day, making actually "working" in any job environment a full blown joke, demanding things like "Peace Pods" so that they can zip themselves away from their work space to take frequent breaks from the stresses of answering the telephone and emails (even if they need a break every 20 minutes), and requiring "specialty" workforce "trainers" to help the normal folk (like us) figure out how the hell to deal with these people (the Millennials) INCLUDING having to hire "pep" consultants to keep these little shits motivated and happy all day.
I'll tell you how things are going to play out because it's already leaning HEAVILY in this direction:
1) Any company that manufactures ANYTHING will end up going overseas because (a) they won't have a large enough work force who actually wants to work or produce, (b) it's just TOO EXPENSIVE to make anything in the USA with increased wages, insurance requirements, regulations, etc., and (c) it's much cheaper and business-friendly in many countries outside of the USA.
2) Once the Baby Boomers all retire, our competent workforce will diminish down to us Gen Xers which, as I just explained, do NOT have the population size to replace that of the Baby Boomer generation, slicing the competent workforce down to about 25% or less. Yes, yes...I KNOW. Almost everyone knows that "one guy" or that "one chick" who is a Millennial who is a hard worker. So what? ONE or TWO isn't going to account for the necessity of needing MILLIONS of these people to get off their lazy asses and get things done without Peace Pods, pep talks by a "motivator" daily at their desks, or having to [GASP] stop looking at their iPhones for more than 10 minutes while trying to -- I don't know -- get some work done, perhaps? And you'd be hard pressed to name 5 Millennials off the top of your head that ARE hard-workers. (Even five aren't enough to make the world go around.)
3) Millennials aren't going to be able to qualify for the types of incomes needed to live in areas like Los Angeles, New York, or other high-priced areas. Many will move to smaller towns in places like Northern California, Oregon, etc. OR...they'll be living with their enabling Gen Xer parents forever because living out on their own will simply not be affordable anytime in their near future.
Tech jobs will always need Millennials. Yes. Millennials find these types of jobs easy, which is good. BUT...not all jobs are as easy as lounging around in a Peace Pod between making a few clicks of the computer mouse all day.
There STILL is a requirement for LABOR jobs, SALES jobs, and SERVICE jobs...many of which are completely UNDESIRABLE to the Millennials.
I remember reading an article about a company called Caterpillar based in Illinois who manufacturers construction machinery. Their biggest problem? Getting new sales reps. They stated that the average sales rep does somewhere in the low six-figures each year but they CANNOT get the Millennials to take these jobs.
Same problem with skilled workers like many of the construction trades. Can't get Millennials to want to pick up a hammer or turn a bolt.
Same problem with the car repair industry.
And on and on and on we go with this.
Those Millennials who ARE skilled in labor trades will make A LOT of money, especially those who have skills in both a labor trade AND technology (especially software). After all, somebody is going to have to service all of those robots flipping burgers at all the fast food chains when all the fast food owners decide that they're not paying people $15 an hour plus insurance plus sick days plus this and that for FLIPPING BURGERS.
So, if you DO have a Millennial in your midst, have him or her TAKE ON A SKILLED TRADE, ideally with knowledge of BOTH skilled labor and technology combined. Because, if you think about it, we'll always need people to build houses, fix airplanes, maintain computers, build and service windmills and other green power and, of course, treat people in the area of medicine (nurses, doctors, pharmacy techs, etc.). A skilled trade -- ideally with technology or software knowledge -- OR a career in medicine somewhere is the FUTURE for Millennials who want to get paid BIG BUCKS in a career. So the Millennial generation is all about LABOR and TECHNOLOGY.
If your Millennial isn't doing any of the above, just expect to support him or her to live in your basement sponging money off of you until you are given the gift of an escape (death) because that's just the way it'll be (if it's not that way for you already).
Then there's Generation Z (those born 2005 and after). This is my daughter's generation. I'm REALLY hoping that these kids pull it together because the Millennials are so freaking lost that it isn't funny. With my daughter, she already wants to be a teacher. Even though it doesn't pay a lot, I'm pretty confident that teachers will still be around in the next several decades. I do tell her to tell her friends to get involved in medicine and science, mainly to help us save our planet. Because curing cancer (and other diseases), bio technology (yes, blending BIOLOGY with TECHNOLOGY) and saving the planet is where the money will be in HER generation. So her generation will be about SCIENCE as well as LABOR (of course...when is it not about labor?)
If you're concerned about yourself and how you'll survive our upcoming recession (hitting most areas of the country in 2018) AND trying to get your Millennial on track with a much more solid future that CAN give him/her/them a cash flow for decades to come WITHOUT having to worry about a job, technology...or even being lazy: CLICK HERE! I have a solution for you, your kids and your grandkids to get you the income you want without having to figure anything else out.
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