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Hello Gentlemen,
I was surprised when I cam across Beth's Topic and comments in response to users leaving messages. The thing that surprised me most is I have worked with Beth and gee can she keep a secret. I was of the belief that not only did she not own any properties but she did well to keep the fact that she owned a food & bevvy business quiet. If you knew Beth you would know it would have been super hard, almost impossible for her to keep that quiet.She does have some good points, but the order and timing are completely wrong. I advise that she see a financial counsellor who can advise her on how best to invest that cash of hers. The best kind of research would be researching an experienced and reputable adviser.
Reccessions are more a state of mind than anything else, IF you have a secure job. Once people are told they are in a reccession they panic and tend not to spend, this in turn means less money flowing through retail, building, & all other industries. From there people in those industries will be laid off , they don't have money to spend then and the nastey little cycle repeats itself.
I believe (and it is only my opinion – based on no research at all) that if you can maintain a consistent spending regime during a reccession that was similar to your spending habits before the reccession then you are doing your fair share to pull this country back into shape. This , as I said only works if you have a secure job and spend only what you can afford.
Crashy, I like your work mate.
Catch ya