LegendaryLife Blog

Chaos is like a flame thrower, the more you try to suppress it, the stronger it becomes!

Like everybody else, the financial crisis that is enveloping the world at this moment doesn’t seem all that positive of a development but the more I think about it, the more opportunity I see!

Opportunity in Chaos?

Based on some reports, the US economy has caused retirements to drop by over two trillion dollars over the past year. To add insult to injury, people are loosing their jobs, the gas (was) at record highs and foreclosures became the new buzzword for 2008. Is there an opportunity in all this? YOU BET!

Don’t be sad and stare at the wall thinking of all you have lost!

I learned long ago that money has absolutely NO value, sure it’s fun to have a big number… it makes people feel important and is a source of self-esteem but at the end of it all, if anything has been gathered, the value of things, especially monetary ones, should have little to no value to you. They do to me! People worry because their savings have dropped like a brick… take this as an opportunity to re-evaluate your past decisions, change your lifestyle and finally, using this chaos as an excuse, create a new way of being. What I am saying is that this is the perfect excuse to re-invent yourself! You hate your boss, tell him off and leave… can’t stand the commute, sell your car… essentially, allow the chaos of change to invade your life!

Happiness in Chaos?

The only safety in life is chaos, as we have seen with the financial collapse, no matter how hard governments, people and companies work to try to bring stability to our lives, chaos always comes right back into the equation… with interest! Fighting chaos is a loosing battle, either accept it in your life or you must realize that every few years, a recession, dropping house values will come every few years in life. For a very long time, Americans especially, have been living in a bubble of opportunity and took things for granted, not only the citizens but governments and companies as well… this illusion of stability has been broken, I hope forever. If you can’t handle the chaos that gets into every crack and hole of our daily lives, you are better off putting your money in GICs and crossing your fingers.

So… where is the opportunity?

For one, the stock market has dropped almost 40% of it’s value in the past year, stocks are at an incredible low… I would wait a few more months until the recession hits the world economies and go on a buying binge. Crazy advice? Yes! But a 40% discount (probably close to 60% by then) is a once in a generation opportunity out there and there are some VERY profitable and solid companies to be had at fire sale prices! Just look at GM for instance, their stock is now at a 50 year low! Apple is has dropped by more than half from its all time high! When Rome was burning, firemen where in very high demand, as with every enormous paradigm shift within our world, there will be extreme winners and losers. The smart people will look over the chaos and see nothing but opportunity, the losers will hang-on to everything they have until it becomes worthless. For instance, the big depression in the United States created several decades of “stability” and new levels of wealth for the smarter / luckier among us. the Dot Com bubble created, once again, untold billions of wealth as others lost their shirts.

Everything goes in cycles and is based on perception

History repeats itself, do yourself a favor and study-up on the early 1900s through the 1940s, many of the situations the previous generation faced are now being felt by people around the world now… learn NOW what they did to increase the opportunities in their lives, the mistakes very wealthy people did to loose everything and those in-between. Everything goes in cycles and your perception, in the end, makes all the difference as to whether you come-out ahead or behind when un-invited chaos comes back to the table of stability every once in a while.

The Bottom Line

Don’t waste your time being sad, see the opportunity that chaos has brought to your life and seize it before it gets away!