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Take The Recession As An Opportunity

by Daniel Molano
33 replies
I have seen hundreds of negative discussions about the recession and even the possible depression all over the internet, not only here in the Warrior Forum were it has also been discussed quite a bit. How about we start looking at things from a different perspective?

"A Chinese fund purchased a large portion of Morgan Stanley and I believe they are negotiating 49% of the shares with the same investment fund."

"Mexican billionaire Carlos Slim recently acquired a chunk of shares from The New York City Times."

"JPMorgan Chase practically absorbed Washington Mutual."

Now, all these examples might seem a little weird to you and you might be wondering why the hell I am pointing them out, and how are multi billion dollar corporations relevant to what we are doing here.

The point is, these corporations are taking advantage of the recession, why? Because things are getting cheaper than ever and in a few years their value will skyrocket.

If you take a look at history, after each reacession/depression anywhere in the world, not only in the U.S. there comes a period of great economic prosperity, sometimes even an economic boom. Therefore while things might seem a little off right now (which they are) in a few years time assets will dramatically increase their value.

So instead of selling your house and your couch you should consider doing some little investments. Of course we cannot match or even come close to what the multi billion corporations are acquiring.

But to us, an investment of any kind, from a small cabin to a 6 figure condo will mean a fantastic opportunity in the long run, even the assets we already have, trust me when I say they will gain a lot of value after all this is over. I have history to back me up.

I know I might get flamed because there are people who are not worried about making money but who are actually in danger of losing their homes, I just want to bring some light into all the gloom.

These are hard times, but we can do things to turn them into an opportunity in the long run.

Best of luck,

Daniel
#opportunity #recession
  • Profile picture of the author Daniel E Taylor
    I think people would rather believe that we
    are all going to magically disappear in the next
    2 years than look at this thing from a perspective that
    I call COMMON SENSE.

    Most people don't even know what the hell is going
    on. They just watch what the man on the news says,
    or what a person with an opinion wrote in a newspaper
    and take it as gospel.

    If I ask most people ok there is a recession? Tell me exactly
    how YOUR life will be affected. Don't tell me that "millions of people
    will lose their jobs".

    Most of this nonsense is hearsay from sheep who are being
    lead by other sheep.

    No one even takes time to actually RESEARCH on their own.

    They just take bullshit they read from someone else who doesn't
    know what the hell is going on then run with it...

    I'll tell you how I'm going to deal with the recession.

    Continue to build my business and break new sales records
    every month!

    Daniel The God
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    • Profile picture of the author Lou Diamond
      Hello,
      you can try to make this mess into an opportunity,
      but,when someone has no money to spare it is
      going to be a very hard sale.
      The copywriters are going to have to work overtime on this one.
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      • Profile picture of the author Kyle L Hannah
        Originally Posted by Lou Diamond View Post

        The copywriters are going to have to work overtime on this one.
        That's the line of the day right there! ROFL
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      • Profile picture of the author Dick Doe
        Originally Posted by Lou Diamond View Post

        The copywriters are going to have to work overtime on this one.
        Point noted, thanks
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        • Profile picture of the author AgileHosting
          Originally Posted by Zachary R. Skinner View Post

          I hate to disagree with you, but the only reason the US experienced 'economic prosperity' after the great depression was because of MASSIVE state intervention in the economy.
          Indeed. While I don't wish to diminish the abundance of opportunity that is developing -- there is opportunity for those in a position to take advantage of it -- opportunity alone is not the path out of this.

          I know none of us are old enough to remember this which is why taking just 10 minutes to read about the Depression would do everyone wonders. (Read the wikipedia article here)

          There was indeed massive government intervention throughout the Depression. One such program was the Civilian Conservation Corps, or the CCC (wikipedia). It put hundreds of thousands of young men to work at a time when there were no jobs to be had. These men lived in tents, away from their families for months at a time (no cell phones then), worked long long hours doing back-breaking work, and sent home modest but life-saving paychecks paid by ........... the government.

          The results can be seen still today in every state of the nation. Here in Wisconsin, the CCC did tons of work in our state parks. I was just taking pics of an old CCC road at one of our parks the other day. (In the woods, obscured by trees, slowly being reclaimed by Mother Nature -- but it's still there! *grin*) They planted trees, picked rocks, tore out old derelict buildings, and they built incredible things - fences, roads, overlooks, towers, trails, buildings, beaches/day use areas, golf courses (!), you name it. It would be hard to go to any state park in Wisconsin and not see the work of the CCC. Those boys did outstanding quality work that can be seen everywhere ......... if you know what you're looking at.

          The CCC (wikipedia) was only one New Deal (wikipedia) program.

          If we are talking an economic crisis that is truly the scale that the Great Depression was, it's going to take a lot more than a few low-priced stock investments to buoy things up. I'm not saying that things will never be good again; of course we all know that the economy is cyclical, and it will rebound eventually. But right now we have to figure out how that is going to happen. If we follow history's lessons, one such lesson was the government putting citizens to work building the nation's infrastructure.

          Bailey
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    • Profile picture of the author louiefrias
      Uh, BOTH Daniels...
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  • Profile picture of the author Brad Spencer
    Recessions, depressions, etc.

    The best times for making money are when things are tough. Tough times mean desperate buyers. Desperate buyers need things more than browsers.

    This time is a time of change. This recession (if they declare one) will spur many people who are on the fence about starting a business to take action. They won't have a choice.

    In 3 years when nice houses are cheap...you'll see a lot of people get their first home. One issue recently was housing affordability. You know when middle class people can't purchase a home that is nice...the clock is ticking...

    And really...outside of real estate...what good investments were made? New roads? Nope
    New highways? Nope...

    Those things build the economy for the long term. Debt-fueled growth will end at some point...which is happening now.

    History is full of periods like these...and we are always richer no later than 10 years later. So, that being said, keep plugging away and work harder now than you ever have. Take care of your own business and your life will be better. The time has come for personal responsibility...b/c the people who are conservative and watch how they spend...usually aren't hurting in times like these.

    Cheers,

    Brad Spencer
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    • Profile picture of the author Angela V. Edwards
      I agree. During Non-recession times, people are generally satisfied with their lives. At the very least, they aren't dissatisfied enough to do something different. But when people are paying in excess of $50 to fill their gas tanks and they might lose their home if they can't make the payments, they are ready and willing to buy programs that will help them.

      People with commutes would probably be happy just to get enough extra money to fill their gas tanks up once a week. That's not much and that's relatively easy to do online.

      Originally Posted by Brad Spencer View Post

      Recessions, depressions, etc.

      The best times for making money are when things are tough. Tough times mean desperate buyers. Desperate buyers need things more than browsers.

      This time is a time of change. This recession (if they declare one) will spur many people who are on the fence about starting a business to take action. They won't have a choice.

      In 3 years when nice houses are cheap...you'll see a lot of people get their first home. One issue recently was housing affordability. You know when middle class people can't purchase a home that is nice...the clock is ticking...

      And really...outside of real estate...what good investments were made? New roads? Nope
      New highways? Nope...

      Those things build the economy for the long term. Debt-fueled growth will end at some point...which is happening now.

      History is full of periods like these...and we are always richer no later than 10 years later. So, that being said, keep plugging away and work harder now than you ever have. Take care of your own business and your life will be better. The time has come for personal responsibility...b/c the people who are conservative and watch how they spend...usually aren't hurting in times like these.

      Cheers,

      Brad Spencer
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  • Profile picture of the author louiefrias
    Daniel,

    Excellent post my friend...how do you think most multi-mmillionaires and billionaires became so? Buy low, sell high. Take advantage of hidden opportunities. There will be an entire new crop of multi-millionaires created from this hiccup in our economy. Mark my words.

    8WeeksAway.com
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  • Profile picture of the author Dayne Dylan
    Banned
    I watched Suze Orman the other day on Oprah talking about all these financial woes. At one point she said that someone with a little knowledge in the stock market can make a killing long term during these times since many great company stocks have been knocked to bargain prices. She said this is a once in a lifetime opportunity. I have to agree...things will turn around. And now is to get in when things are low low low.
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    • Profile picture of the author Daniel Molano
      Yes, everyone is so afraid of things like the stock market because of all the volatility that they don't see the hidden opportunities in it. Actually, now would be the best time to invest in the stock market after Wall Street has crashed. Why?

      Stocks are at bargain prices like Dayne pointed out, the only way to lose would be if the company you invest in goes bankrupt, so just invest in a solid company now that even solid company stocks are at bargain prices.

      Even if the stocks continue to go down in the short term, trust me, they will go up in the long term.
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  • Profile picture of the author John Piteo
    I've always believed you should buy when you feel the most fear and sell when you feel the most greed.

    Most people do the opposite. Their stocks go down so they panic and their fear emotion causes them to sell at or near the bottom. Then when stocks are going up like crazy the greed emotion takes over and they think it will just keep going up so they buy it at or near the top.

    Maybe I'll go buy some Apple stock. It's down to 105 today. It was up to 200 a few months ago.

    John
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  • Profile picture of the author dbressler
    In all fairness, I think it varies depending on where someone is in life and what they do.

    My business (which serves the "grow a business" market) is doing quite well. However, I have a number of friends who have been laid off. One is taking a $35,000 hit on the sale of their house because they are moving out of town to find work (Orlando is #2 in the nation for home value loss). By hit, I mean they are writing a check for $35,000 at the closing table and they are the sellers!

    This is a great time to invest in the stock market....for many. But my parents (who are 82) lost $583,000 TODAY (on paper, of course). Your perspective is a little bit different if you need that money NOW in order to live.
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    • Profile picture of the author Daniel Molano
      Originally Posted by dbressler View Post

      In all fairness, I think it varies depending on where someone is in life and what they do.

      My business (which serves the "grow a business" market) is doing quite well. However, I have a number of friends who have been laid off. One is taking a $35,000 hit on the sale of their house because they are moving out of town to find work (Orlando is #2 in the nation for home value loss). By hit, I mean they are writing a check for $35,000 at the closing table and they are the sellers!

      This is a great time to invest in the stock market....for many. But my parents (who are 82) lost $583,000 TODAY (on paper, of course). Your perspective is a little bit different if you need that money NOW in order to live.
      I know people are going through hard times.

      I just wanted to point out that for those who can, they should be taking advantage of it
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  • Profile picture of the author Chris Lockwood
    Step one is to wait until there actually is a recession. It's hard to react to something that hasn't happened yet.
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  • Profile picture of the author Michael Oksa
    Lots of people, in lots of places are scared. The real question, though, is whether or not they are scared enough to take action to get out of their situation.

    Smart marketers will help visitors/customers/clients make the connection between their current situation to getting past it.

    Doing this means that not only can we profit during these times, but we can help others do the same.

    ~Michael
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  • Profile picture of the author rockgold
    I just saw it on tv this morning that this is a great time to invest for those who can. I am not one of them though.
    When things get their worse, they can only get better IMO
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  • Profile picture of the author Zachary R. Skinner
    Daniel,

    I hate to disagree with you, but the only reason the US experienced 'economic prosperity' after the great depression was because of MASSIVE state intervention in the economy.

    From 1942-45 the US became a command economy and of course manufacturing boomed. At the end of the war, however, planners were well aware that the New Deal measures instituted by Roosevelt were largely a failure.

    Thus, planners were confronted with 3 choices:

    1) Decentralize the economy and allow market forces to take over. If this path were followed, economists at the time predicted that another depression might begin again by 1950 after pentup consumer spending was exhausted.

    2) Reorganize the economy in favor of massive social spending and social programs geared towards the needs of general population. This path, it was believed, would drastically reduce the ranks of the poor, reduce social inequality, increase standards of living across the board, and prevent another economic crisis.

    3) Remain a militarized economy and continue funneling massive amounts of public money into the pentagon system. Private power and major corporations would of course benefit enormously (and did) but the general population would likely suffer, although a depression would be avoided.

    Postwar planners chose the 3rd option and this became the underlying reason for the Cold War. If there were peace and no genuine military threat, the pentagon system would collapse.

    This is the real story of what happened. Because the US allows unprecedented access to classified documents (perhaps unique in the world) the public is allowed to know the truth....but very few chose to do so.

    How's that for a history lesson?! :p
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    • Profile picture of the author Daniel Molano
      Originally Posted by Zachary R. Skinner View Post

      Daniel,

      I hate to disagree with you, but the only reason the US experienced 'economic prosperity' after the great depression was because of MASSIVE state intervention in the economy.

      From 1942-45 the US became a command economy and of course manufacturing boomed. At the end of the war, however, planners were well aware that the New Deal measures instituted by Roosevelt were largely a failure.

      Thus, planners were confronted with 3 choices:

      1) Decentralize the economy and allow market forces to take over. If this path were followed, economists at the time predicted that another depression might begin again by 1950 after pentup consumer spending was exhausted.

      2) Reorganize the economy in favor of massive social spending and social programs geared towards the needs of general population. This path, it was believed, would drastically reduce the ranks of the poor, reduce social inequality, increase standards of living across the board, and prevent another economic crisis.

      3) Remain a militarized economy and continue funneling massive amounts of public money into the pentagon system. Private power and major corporations would of course benefit enormously (and did) but the general population would likely suffer, although a depression would be avoided.

      Postwar planners chose the 3rd option and this became the underlying reason for the Cold War. If there were peace and no genuine military threat, the pentagon system would collapse.

      This is the real story of what happened. Because the US allows unprecedented access to classified documents (perhaps unique in the world) the public is allowed to know the truth....but very few chose to do so.

      How's that for a history lesson?! :p
      That is a fair point Zachary, but I don't speak only of the US, I speak of almost every recession in history. And I also believe that the US would have gone back up eventually after the great depression, no mater what. Like Bailey here pointed out, the economy is cyclical.

      Another example would be Germany, they got up and going, really going after each World War and their conditions sucked, much worse than what the US suffered during the great depression.

      In 1919 in the Treaty of Versailles, all countries screwed Germany big time, war reparations, hyperinflation, territory regulations etc... A few years later they almost took over the world. Now, I'm not justifying the means by which they achieved this, point is, a country with no hope and much worse conditions than what the US suffered during the great depression turned into an economic super power. Besides, the recession hasn't even happened, why speak of depression? Two completely different things.

      And they got up again after World War II, with 100% none war related measures.

      I could give you about 100 more examples throughout history, but to rest my case, the economy is cyclical and will eventually go back up, the US will be no exception to this, in fact, I believe there is no country in the known world that has the potential to get out of a crisis as the US does.

      I mean seriously, "Let's take 700 billion dollars and inject them into the economy", not many countries have the ability to do that. I read somewhere a sum like that would cover the foreign debt of the entire South American continent, and there are some big emerging economies there, so that's not a low statement.
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      • Profile picture of the author AgileHosting
        Originally Posted by Daniel Molano View Post

        I also believe that the US would have gone back up eventually after the great depression, no mater what. Like Bailey here pointed out, the economy is cyclical.
        Well, but the economy is cyclical because of the things done to make it move. It isn't cyclical just in a vacuum. It's cyclical because that's how our influences make it ... be it New Deal programs, or a $700B bail-out, or whatever. It is tanking because of our influences, and it will come back up as a result of what we do.

        It is no different than a pendulum; a pendulum will only swing if something is done to make it move in the first place. Then its continued swinging is a result of the continued energies acting on it. It doesn't swing without some sort of action.

        Bailey
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        • Profile picture of the author Daniel Molano
          Originally Posted by AgileHosting View Post

          Well, but the economy is cyclical because of the things done to make it move. It isn't cyclical just in a vacuum. It's cyclical because that's how our influences make it ... be it New Deal programs, or a $700B bail-out, or whatever. It is tanking because of our influences, and it will come back up as a result of what we do.

          It is no different than a pendulum; a pendulum will only swing if something is done to make it move in the first place. Then its continued swinging is a result of the continued energies acting on it. It doesn't swing without some sort of action.

          Bailey
          If you read Adam Smith, who created the first modern work on economics and the very first economic model of free trade and capitalism, with his famous theory of the invisible hand, he clearly explains how in the end the economy regulates itself without any exterior intervention.

          This model is still used today, it is the basic principle behind laissez-faire economics. It has only been modified a bit because intervention does help and speeds up the process, but in the end economy does regulate itself.
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  • Profile picture of the author deannatroupe
    Hmmm,
    So you're saying I need to start writing that how to save money ebook now, huh?
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  • Profile picture of the author SimonRiver
    I'm sure the stock market gurus are making a killing during this recession.
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    • Profile picture of the author vorales
      Hi Warriors,

      Well i guess what Daniel said is right , as we should see opportunity in this recession as the big companies are taking over the smaller companies at the bargain.

      we too small business owners should have a open mind and think for the same.

      As far as we are concern here in Asia all the stcok mkt is also in plunge and the effect has seen drastically as Japan's Nikkei, Korea's Kospi, Singapore's STI, Malaysia's KLSI ,India SENSEX all are at there lowest level.

      Well all the stock mkt is down i agree with Daniel as to invest in property as this might go up.Here in Malaysia also we are thinking the best investment would be property as compared to stocks and mutual funds.
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  • Profile picture of the author strive4impact
    Jim Rohn was asked "Mr. Rohn, you've been around the world. You've seen a lot in your lifetime. What do you predict the future will look like?"

    Jim Rohn said, "Well, you are right. I have traveled around the world, and I have seen a lot of things, and I will tell you that the next 6,000 years will look a lot like the past 6,000 years."

    "And I can sum it up in 4 words... Opportunity mixed with difficulty."

    What the world IS has a lot more to do with how we view it than what is actually going on in the world. If you view this as opportunity, it will be. If you view it as the end, it will be.

    As for me, I've heard that there's a recession, but I've decided not to participate.

    I welcome all of you to join me.

    To echo what many people have already said, we'll all be better off for it.
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    • Profile picture of the author Matt D
      Originally Posted by strive4impact View Post

      Jim Rohn was asked "Mr. Rohn, you've been around the world. You've seen a lot in your lifetime. What do you predict the future will look like?"

      Jim Rohn said, "Well, you are right. I have traveled around the world, and I have seen a lot of things, and I will tell you that the next 6,000 years will look a lot like the past 6,000 years."

      "And I can sum it up in 4 words... Opportunity mixed with difficulty."
      Jim Rohn is awesome. And he's right on... life is cyclical. It's all about sticking with it for the long haul until things turn around.
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  • Profile picture of the author Fabian Tan
    Great post. The thing is the media likes to focus COMPLETELY on the negative.

    You will have these commentators and analysts making a bad situation worse by talking in their well-rehearsed 'doom and gloom' tone while sounding totally professional. And this is convincing to people. The next day, everyone sells their stocks.

    "Hey, if I think everyone is going to run, I'd better run first."

    Fabian
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  • Profile picture of the author David Maschke
    Imagine 100 people sharing 1 million dollars, there's a lot of money going around.

    Now imagine 100 people trying to share 20 dollars, the money just isn't there.

    That is what we are facing, and a positive attitude will not change that.

    The best you can do is offer a great product that people want, and learn copywriting. A poorly written sales letter on squiddo just will not cut it like it did in the past.

    Dave Maschke
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  • Profile picture of the author forous
    There is always opportunities in every situation. It depends on how you look at it. You hear people loosing their jobs and homes.

    As smart marketers we can help them by providing information that they are looking for and monetize it through newsletters, digital products, newbies start up sites and all that you can think of.

    It depends of how you look at it.

    Warren Buffet thinks most of these great companies are on sale, so he is scoping a whole lot of them. GE will not be the last he will buy.
    Why do you think he is so rich. He is a smart investor.
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    • Profile picture of the author Daniel Molano
      Originally Posted by forous View Post

      There is always opportunities in every situation. It depends on how you look at it. You hear people loosing their jobs and homes.

      As smart marketers we can help them by providing information that they are looking for and monetize it through newsletters, digital products, newbies start up sites and all that you can think of.

      It depends of how you look at it.

      Warren Buffet thinks most of these great companies are on sale, so he is scoping a whole lot of them. GE will not be the last he will buy.
      Why do you think he is so rich. He is a smart investor.
      That is exactly the mentality I would like to get across.
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  • Profile picture of the author mbacak
    I'm really impressed with the 'Opportunity' mindset here.

    The economy has taken a hit, so I'm not going to belabor that point.

    I've been saying that it is time to quit buying into the doom and gloom and get on the ball with promotion. The reason is simple. Those that continue to promote during slow economic times are the ones that will win out in the end.
    The renowned advertising guru Ogilvy said it best when he cited American Press studies in his book Ogilvy on Advertising, showing select companies over the last 6 recessions that had cut their marketing budget - in each case they suffered lowered sales and net income several years after.

    Those businesses that continue to promote will...

    You all ROCK! :-)
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    • Profile picture of the author Daniel Molano
      Originally Posted by mbacak View Post

      I'm really impressed with the 'Opportunity' mindset here.

      The economy has taken a hit, so I'm not going to belabor that point.

      I've been saying that it is time to quit buying into the doom and gloom and get on the ball with promotion. The reason is simple. Those that continue to promote during slow economic times are the ones that will win out in the end.
      The renowned advertising guru Ogilvy said it best when he cited American Press studies in his book Ogilvy on Advertising, showing select companies over the last 6 recessions that had cut their marketing budget - in each case they suffered lowered sales and net income several years after.

      Those businesses that continue to promote will...

      You all ROCK! :-)
      Ogilvy is a genius, he happens to be the mentor of another great advertising name, Gary Bencivenga.

      Heed his advice, that is exactly the sort of mentality that must be had during these times.
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