Who can think about wealth preservation at a time like this?
Yes, the global financial firestorm seems like it might be subsiding. I say “might” because millions of people are still unemployed, and the experts seem to be saying that many of the jobs that have been lost won’t come back.
The retail sector showed some signs of life in December of 2009. Sales were up a little from last year, and many of the retailers seemed to think that revenues might be on the way up permanently.
One can only hope so.
My former industry is still on its knees—in fact it seems like it’s been knocked out completely. I was a mortgage broker. A successful one at that.
And that’s why I made the comment about wealth preservation. The real estate market has crumbled. I’m not so sure it’s even reached the bottom yet.
Yes, there’s money to lend, but credit scores have to be impeccable to get that money. For many people, that’s just not the case.
Because the market is in shambles, there are some really good deals to be had. As long as you have the cash or the good credit to get them.
But think about the people who are forced to sell these properties at a loss. How can you be concerned with wealth preservation when you’re worried about where you’re going to live? Or with what you—and your family—is going to eat.
As the market crumbled and tumbled, many homeowners found themselves upside down with their mortgages. Their homes were worth less than what they owed on them. Wealth preservation? No way. That’s why so many people simply defaulted.
It was a bad time to be a mortgage broker.
I think the lesson here, particularly if we want to consider wealth preservation, is that you can’t put all of your eggs in one basket. You also need a source of income that can carry you through the bad times, the good times, and all of the times in between.
After I lost my job—and my company, my Porsche, and most of my wealth—I realized that not only was wealth preservation high on my list of priorities, but that wealth creation was even higher.
And I knew that I would never again create wealth in the mortgage industry. That was gone.
I’m a very spiritual person. I meditate and both practice and teach yoga. I calmed my mind and adopted a positive and focused mindset. I had created wealth in my life before. I could create it again.
And so I did.
I found Internet marketing and became a practitioner of it. It’s a very powerful business model that has allowed me to begin recreating the wealth that I lost. And I now have bullet proof wealth preservation strategies in place that will ensure that I never lose it all again.
Never.
I also have a new mission. Today, my life mission is to respond to people’s suffering by uplifting them through yoga and Internet coaching. And to teach them everything I know about wealth preservation.
If you have lost it all, take heart. You can find what you lost, in many ways. Think of it this way—your life is just beginning. It’s a new awakening.
First, you need to start by rebuilding your income. And go for the stars here. Don’t settle for survival wages. Go for greatness.
Begin to recreate wealth in your life. And then put a solid wealth preservation strategy in place. Most importantly, settle your mind.
Yoga teaches us to live in the moment. But the principles of wealth preservation require us to look to the future as well. I can assure you that you can be calm, and do both.
Remember that you control your destiny. What you want, what you focus on, is what will be.
It’s time to get started.
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Didar Khalsa is an Internet marketing guru who is literally changing the way people are making money online. By blending the mental and physical discipline of his extensive yoga training with a demonstrated mastery of Internet marketing.
Visit his Website and check out his Blog or you can reach Didar at 954-551-8425.