Did you get to see or listen to the Town Hall for Hope with Dave Ramsey last night? Stephanie at Passionate Homemaker has an excellent recap of the event.
Here's one of my favorite things that was said last night:
Don’t participate in loser talk! Your income will be within 10% of the average income of your closest 10 friends. Be careful what you listen to. The books you read and the people you meet will make all the difference. Be a reader. Don’t have the “spirit of Eeyore.” Fill your brain with good stuff. “I read the Bible and read the newspaper, so I can tell what both sides are doing.” - Zig Ziglar.
Here is another great tip from last night's event that the Passionate Homemaker made note of:
Where can we invest other than the stock market? - Dave says 100% of the 15 year periods in the stock market there has been a profit. The market is artificially low right now. Don’t invest for spring, invest for the long term. Patience during a recession is a major thing. Dave continues to invest in the market, because he believes that excellent companies will be worth more in 15 years than they are today. Do you really believe they’re worth 1/2 of what they were last year at this time? Dave doesn’t - he believes it’s artificially low because of fear. It’s a blue light special for the investor.
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If I find a video archive of the event I will let you know!
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