What is United States Currency Going to be Worth 10 years From Now?

They say that money is one of the hardest things to get and one of the easiest things to get rid of. Have you ever heard that expression? This is one saying that has held true for years. Money can’t buy you love, but it sure helps to have it when you need it. Wouldn’t it be great to never have to worry about money again? To be able to do what you want when you want, how you want, whenever you want? The old expression “watch your pennies and the dollars will take care of their selves” doesn’t have as much meaning today that it had 40 years ago. Now the copper a penny is made out of is worth more than the penny it’s self! Soon the penny probably won’t even be part of the US currency.

The government is printing out so much money these days that the dollar isn’t going to be worth nearly as much if this doesn’t get under control. Our currency isn’t even backed by gold anymore; it’s backed by notes or IOU’s. I don’t know what kind of affect this will have for the next generation, but it isn’t going to be an easy thing for them to get out of. Where is the government going to get the money to pay off all the debt the United States has accumulated? Where will they find the money to pay off the National Deficit? In my opinion, the next generation is going to have one hell of a time straightening this mess out. With the government printing out all this new currency, does that mean that a loaf of bread 10 years from now will cost $100.00? Will the minimum wage be $60.00/hour? Who knows what’s in store for the United States if we keep going the way we are.

I suggest that everyone finds some kind of secondary income to help you down the road!

How Much Money Is Enough?

The question of how much money is enough arises all the time. You think about the millionaires and billionaires like Bill Gates, Warren Buffet and Donald Trump and think to yourself how could you possibly need all that money? How much is enough is based on the individual. To some people, money is all that matters to them. To other people, they could care less about how much money they have. Living pay check to pay check is no big thing.

I for one am happy the way things are. To me being happy with your self and the people you are with is the most important. Don't get me wrong, I would love to have millions rolling in, but that hasn't happened to me and it's okay. I keep plugging away at my life and try to stay happy. Everyone has their down days, but if you have more up days then down, life should be good.

I am a firm believer in trying to make money online and to be able to work from home. If it can eventually get me out from working for someone, I would love... it. It hasn't happened yet but I will keep trying. I suggest to who ever reads this that you keep trying to. Try to save for a rainy day and your golden years as much as possible. You will feel better about yourself if you start to build up your net worth. Trust me, I know! The more money you start saving the more secure you will feel. If you have some money to fall back on in case of a emergency, the less stress you will have. Stress is not good for anyone!! I will keep working on my online business and I suggest that you start one also. or something that interests you.

Take Care,

Gary Kohnke

Are Your Investments Starting To Rise?

My last 2 statements on my 401K and mutual fund investments are starting to increase. It sure is nice to see gains instead of losses. It has been quite a while since we have seen steady gains in the stock market. Does this mean that the recession is over? I can't answer that and I don't think that the best fund managers can answer that either. All I know is that my investments are starting to come back and I hope that is a trend will see for a long time. I know a lot of people that have taken some big losses are their retirement accounts and I happen to be one of them. Fortunately for me, I have the time to wait it out. ( I Hope) Unfortunately for a lot of people they didn't.

When it comes to retirement accounts, make sure that you check them often and move your funds around according to your needs. Do not have a larger part of your investment in aggressive growth funds if you are nearing or at retirement age. You can't afford to take big hits if you need the money now or very soon. Move your funds to cash accounts, Cd's, money markets, something that isn't so volatile. Keep it where it is making small gains and isn't losing money for you. That is your best bet when you are ready to retire. You can keep a small amount in aggressive funds, but only keep up to 20% in those type of funds. Put in aggressive funds what you feel comfortable with. In other words, only put in aggressive funds the money that you don't need right now.

Happy Investing!

What is United States Currency Going to be Worth 10 years From Now?

They say that money is one of the hardest things to get and one of the easiest things to get rid of. Have you ever heard that expression? This is one saying that has held true for years. Money can’t buy you love, but it sure helps to have it when you need it. Wouldn’t it be great to never have to worry about money again? To be able to do what you want when you want, how you want, whenever you want? The old expression “watch your pennies and the dollars will take care of their selves” doesn’t have as much meaning today that it had 40 years ago. Now the copper a penny is made out of is worth more than the penny it’s self! Soon the penny probably won’t even be part of the US currency.

Start making as much as money you can because you don't know what it will be worth down the road! I'll write more on the subject soon.

To Your Success!

The Over Whelming Power of Money

They say that money is one of the hardest things to get and one of the easiest things to get rid of. Have you ever heard that expression? This is one saying that has held true for years. Money can’t buy you love, but it sure helps to have it when you need it. Wouldn’t it be great to never have to worry about money again? To be able to do what you want when you want, how you want, whenever you want? The old expression “watch your pennies and the dollars will take care of their selves” doesn’t have as much meaning today that it had 40 years ago. Now the copper a penny is made out of is worth more than the penny it’s self! Soon the penny probably won’t even be part of the US currency.

Prepare yourself for what lies ahead. Start to make money online and to work from home doing something your passionate about. Brain storm until you come up with something!

Live Life To The Fullest

Are you living your dreams? Making the most out of what life has to offer? Doing things that you never thought were possible? The answer from most people is NO. The reason that most people just live life is because there not willing to do what it takes to push forward with their dreams. You need to step out of your comfort zone and start doing different things that you are interested in. Start to do what it is you really want to do! You can just keep doing what your currently doing, but ask yourself: Is this going to get me where I need to be 1, 2, 5, 10 years from now? If the answer to this question is no, then you need to mix up your life a little and start doing things that you weren't willing to do before. Start some new adventures for yourself and family. Think of things that are the most interesting to you and then figure out a way to have fun with it and make some money with it also.

Do what most people aren't willing to do and you will have what most people don't! This is a saying that I have been living my life by for a long time. Don't ever let people say that you can't do something. If they are telling you that you can't do it, then surround yourself with people that are more optimistic. Don't let negativity run your life. Be positive and positive things will happen to you. Live you life to the fullest because we only get one chance. Make the most of it!

To Your Personal and Financial Success!

Is The Economy Sinking?

I have been watching the stock markets very closely and my head still is spinning. I'm not sure how to read our current crisis. It seems to me that one day the stock market is rocking, and then the next day it's not. The Dow's average doesn't seem to be moving anywhere. Are stocks at a bargain price right now? There not if the market doesn't start rising again.

My suggestion right now is to move a good portion of your stocks in to money market accounts or Cd's. At least you will earn some interest in these type of accounts. Keep some of your money riding in the stock market, but keep a large portion of it earning some interest for you. If you see the stock market on a steady increase, then move more money in to stocks. I still think that mutual funds is your best bet because you keep your money diversified. The old saying use to be " when interest rates are low, stocks will grow". I don't think that holds true today. Interest rates have been down for a long time and the stock market is not growing! The stock market has been stagnate. So for now, just sit back and keep your eyes and ears open. Wait for your best possible opportunity, and then jump in.

To your Success.