I get tired of hearing about the “recession” and “economic downturn” from the media people that want you to believe that we are all doomed. I personally have never had such a stretch of economic success in all of my life. I will admit that certain industries (house, auto) are struggling but that doesn’t mean everyone is doomed to poverty.
Having said all of that, peoples perception of the economy is their reality. The reason I am writing about this is because there are going to be really good opportunities for gaining wealth in the near future. Specifically, alot of people who are running somewhat successful websites are going to be willing to part with their site at a bargain to get cash in their hands. During the great depression was the largest transfer of wealth in the history of US. Some people were getting richer and richer because they were buying while everyone else was selling.
My suggestion to any readers of this blog is that you put some money aside and be ready to pounce when the great deals come around. Be a buyer when everyone is selling and build up a portfolio of money making websites and you can build up and make even better. My personal goal is to have 10 prosperly websites that all make $500 a day. Set your own goal and then make it happen. There is no need for you to be in a recession.