Watching a video this morning on Where to Put Your Money in Case of Default, I saw another supporting statistic for people to own their own businesses.
Throughout this whole economic downturn, I have felt that starting a business and owning a business is a smart idea.
Why?
Because the instability of other investments makes them less profitable and less attractive. I think wise investors are looking more for investments that they have some control over, so that they are not at the mercy of what the government does or does not do.
Back to the video. CNN talks about people looking toward gold and diamonds, but they also mention a flury of investing in IPOs. IPOs as in... investing in businesses. Companies like Apple, Google and Amazon are doing well, despite what's going on with the economy.
Businesses generate revenue, and I think more and more people are starting to see that new businesses with good ideas are this economy's future - and a good place to invest money. Why not have that business be yours?
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