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Some may know who Sir John Templeton was. Most will not who he is. But for the many that don't know who he was, he was one of the world's greatest financial investors. He was a man that in bleak times, he saw opportunity for growth. During the Great Depression, when the stock market crashed, he stepped up to the plate to buy every stock on the stock market that was a $1 or less at the time. He had great passion in financial gain and eventually he drew a profit. Sir John showed us that if you wanted to be successful in any endeavor, particularly investing, you needed to keep an open mind and be willing to learn. His greatest lesson was humility by not only practicing it himself but also by showing us that only through humility can you achieve great understanding.

As Real Estate professionals and financial advisors, we need to take a play out of Sir John Templeton's play book.

We always should see the Ying, as well as the Yang. Our world is all balanced. Never good without bad, never an up without a down, a pro without a con. Eventually the universe balances out.   

When a consumer says the market it soft, agree with them and tell them what goes down, will eventually go up. No matter if you buy a home while prices are still dropping, the buyer will eventually draw a profit if they wait it out long enough. Will it be next year? Next 5 years? next decade? Well, if we knew that, we would all be in a better financial situation.

When there is a mortgage meltdown, we may have a harder time to qualify buyers for loans, but with stricter guidelines, will we see this type of meltdown again. I don't think so.

The Stock market has tanked. Wouldn't this be a great time for an investor to capitalize on the situation. Whats the term, "Buy low, Sell High" Doesn't every investor place a call for a low price in their minds and put price for when to sell?

Gas prices are driving cost of living through the roof! Gas prices are high, but now companies are bring jobs back into the US because the cost to ship products from other countries is quickly becoming non-profitable. US goods are becoming cheaper than foreign goods. Farmers are producing more, products are being produced more here. The workforce is evolving to longer workdays not work weeks. Woo-Hoo, less traffic on Fridays, I noticed that here in California.  Furthermore, with high oil prices, look at the sudden urgency to find alternative fuels now! Never have we spent more attention on finding an alternate source of energy to fuel out vehicles.

Back to Sir John Templeton, Sir John, he was never afraid to invest because he had faith that what he spent today, would pay off in the future. We can all learn this play of believing in the system and having faith that our business world will look brighter tomorrow.

Everyone, Have a good business week give the consumers the message of the ray of light at the end of this tunnel of life.

     

 

1 Comments on Taking a Play out of Sir John Templeton's Play Book

Great post - we could use this to put things in perspective.  Now is a great time for buyer and I think most do not realize how good they have it.

07/17/2008 06:31 PM by James C. Johnson (Legacy Real Estate)


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Real Estate Agent: Kevin  Hottmann (Prudential California Realty)
Kevin Hottmann
Placentia, CA
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Prudential California Realty

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