October 25, 2011

The Great Millionaire Maker

Posted to Brad & Liz Sears

More millionaires were made during The Great Depression than any other period in U.S. history!

The Great Depression!  Surprised?  How did that happen?

Great Depression Millionaires

  1. An economic down time is a good time to start a business. Starts up costs are much lower during a recession. Some of these entrepreneurs included Colonel Sanders, Bill Hewlett and Dave Packard.
  2. It was also a good time to buy an existing business and use the down time to get the product right before orders picked up. Well known businesses that were purchased during this time were John Deere, Reynolds Metals, and Douglas Aircraft.
  3. Those who could - bought Real Estate!

We are once again near the bottom of the Housing Market. Could this be your opportunity? Many market professionals say it is.

The Wall Street Journal recently printed an article entitled, “It’s Time to Buy That House.”

Market Watch.com recently told their readers that now is the best time to buy a house!

Many people are asking, “How low can it go?”  Factoring the combination of low housing prices and low housing interest rates, many experts are saying we are about there now. Although housing prices are predicted to drop slightly in the next months, interest rates could go up at any time and they could rise dramatically.

Is there any risk involved? YES! Most investment is a risk venture, especially in an unstable market. The amount of risk is the key. With years of experience in the home mortgage and home sales industry, The Sears Team is uniquely qualified to help you make wise financial decisions concerning today’s real estate market.

Posted by:  Brad & Liz Sears



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