Chat Transcript – January 3, 2011
Posted on January 4, 2011 - Filed Under Chat Transcripts | Leave a Comment
Roger Dawson Hi everyone. Happy New Year!
Roger Dawson Mike Summey will be joining soon I expect.
Greg Happy New Year Roger!
Doug_in_CT We need our fearless Mike Summey leader
broadway Roger, just started reading Millionaire Mindset and really enjoying that. Thanks for your stories in there.
Doug_in_CT Ya know to look at that picture, it does appear that Mike Summey has aged a bit.
Roger Dawson I’m sure that if Mike were here he’d be telling us that this is the best time for buying rental property that he’s ever seen. Even here in California we have generate cash flow with 20 % down, which we’ve never been able to do in the past.
Doug_in_CT So are you buying in SoCal Roger?
Cash Reserves Are Critical In A Down Economy
Posted on January 4, 2011 - Filed Under Success Tips Articles | Leave a Comment
Pick up a newspaper or turn on the television news and you won’t be able to avoid stories about the sagging economy; homes being foreclosed, gas prices hitting record highs, savings at all time lows and mounting personal and governmental debts. During times like these people with cash reserves survive and often thrive while those without reserves get in serious financial troubles. When the economy is booming and everyone is making money, it’s easy to get lured into believing it will continue forever. That has happened to many people.
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