The economy is hurting....Invest.Invest. Start a company

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With an ailing economy, Madoff making off with your retirement savings, 7.6% unemployment, and a pork infested bailout bill, the last thing many consumers want to hear, INVEST. A large amount of our clients are going all cash, taking their money out of the economy, to store it in safes or under their beds. BAD IDEA. Firstly your money is sitting at home being eroded by inflation. Remember, the dollar you took out yesterday will be worth less thaan a dollar in the future. Another reason to invest, the many opportunities or undervalued investments that are sitting just waiting to be bought. Consumer spending is a better bailout package than government spending, since they have to get the money from taxpayers in the first place so they can spend. I dont think the money in the economy when the DOW was at its 14 000 peak suddenly vanished into thin air. It has been taken out by AIG bitten and Madoff abused consumers. The word INVEST has several meanings depending on its usage. When I say INVEST, I am not referring to the financial usage of the term but rather its Economical use. Going to school for higher education, buying assets to generate profits, and starting a company to generate jobs and income, are the type of INVESTING I am promoting.

Starting A Company? In this Economic Climate? Are you Mad? All valid questions I have been asked but follow me for a second and you will understand.
During the oil crisis of 1973, entrepreneur Frederick Smith saw the need of overnight package and document transportation. He started the company we know today as Federal Express.
Remember the Great Depression? If you were not aware of it, current economic conditions are being frequently compared to that era. The stock market crashed, Black Thursday back then was not a thanksgiving day sale or promo. However the company known today as United Technologies Corp. was formed in 1929 as United Aircraft and Transport Corp. parent company to Boeing and United Airlines, who later left under the umbrella of UTX to be independent corporations.
In 1907 under President Roosevelt, the economy was tumultous with numerous bank runs, however one of our Big Three, General Motors was formed by Bill Durant the following year in 1908, in the midst of chaos.
General electric, Proctor and Gamble and IBM formed during the panic of the 19th century are huge corporations now, which GE is the lone corporation from the original 12 companies of the DOW Jones Average.
Let us INVEST during this economic downturn and bring the DOW back to former heights and unemployment back to normal levels at full employment.

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