There are farmers producing corn for feed, there are farmers producing corn for cars. But what happens when we run short? Who gets the corn. The cows or the cars? If the cows don't the price of beef rises - after it falls. It falls because many cows will need to be harvested at the same time; creating a surplus. When the balance between cows and corn equals out then the price will reflect the amount of milk/beef to the demand.
This is kind of what is going on today. But it is not just car fuel that is helping to raise inflation, it is a number of things hitting all at once. We've got many of our fields overrun with floods, extreme heat in some areas and cold in others. We've got people crying wolf just to hear their voices and people wanting taxation on the use of our natural resources hindering our future energy production....and more.
But what can we do? For those of you caught in the middle of this mess. Who are paying $80 to fill their tank and spending $100's of dollars more each month on groceries, don't panic (yet). Assuming prices will not fall and the prices you see now are the new regular price, it is time for you to stop looking to someone else to fix your situation. You live in your home, you buy your own food (we hope), and you have a brain.
What we've done in our house is meal planning. We consolidate trips when driving (because it makes sense anytime not just stress time - because it saves time). STOP watching the news. All this does is worry you, sets ideas of failure and despair, if you watch you will find news is more like gossip. Unless it is real. But a lot of this junk is just fluff trying to fill in time.
People who want you to worry about all the things you are doing -pretty much everything you eat or touch will kill you, if you don't say a million words to a baby before they are 1 they are destined to stupidity for the rest of their life (that is why we are who we are - our mother was silent - come on!). If anything this economy is the economy of opportunity!!
Come up with a job, come up with a business. It is time for the cows to come home so get ready and prosper - no matter what the inflation or recession numbers may be. America is still the land of opportunity and it is still the wealthiest in natural resources. You can succeed don't let any tell you different!
Thursday, June 12, 2008
Thursday, June 5, 2008
How to make a million
It has been a few days since our last posting - finals in school.....
However, our teachers and other adults have been asking about investments. The truth is there are still very good opportunities out there, if you are willing to invest and wait.
In our book Pulling Weeds to Picking Stocks we taught you how to research an investment. Well, today we would like to ask you to look at the economy and ask yourself where is it heading.
Look at what is in play right now. First, the environment is big. We are trying to reduce pollutants and conserve in energy usage. Now look at food and transportation prices.
Because we are not financial advisers we will only give you sectors and ask that you do some research. Because you can make a million (or two).
Sectors we are personally looking at include transportation; rail and shipping
Agriculture and metals - both base metals and precious metals. Now is the time to look at the base of our economy and what is needed to make all the things we use.
Good luck and remember when investing use your brain. Don't just follow someones advice. Its your money, its your brain, its your future. Invest in it wisely.
However, our teachers and other adults have been asking about investments. The truth is there are still very good opportunities out there, if you are willing to invest and wait.
In our book Pulling Weeds to Picking Stocks we taught you how to research an investment. Well, today we would like to ask you to look at the economy and ask yourself where is it heading.
Look at what is in play right now. First, the environment is big. We are trying to reduce pollutants and conserve in energy usage. Now look at food and transportation prices.
Because we are not financial advisers we will only give you sectors and ask that you do some research. Because you can make a million (or two).
Sectors we are personally looking at include transportation; rail and shipping
Agriculture and metals - both base metals and precious metals. Now is the time to look at the base of our economy and what is needed to make all the things we use.
Good luck and remember when investing use your brain. Don't just follow someones advice. Its your money, its your brain, its your future. Invest in it wisely.
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