This is probably the hardest post I've ever written (and the worst). As you probably know, I'm on the road this week. At the beginning of the week, I decided that I would try to get one lesson in every state that I visit on my tour. However, for the last two days, I didn't post anything. There is a good reason for this.
When I was in Washington D.C, I got some terrible news and was a little down. I didn't really feel like writing. As a child growing up in the Caribbean, I grew up around a lot of people. Our house was somewhat of an open community, where people come in and out, sometimes spending months and even years in some cases.
There were two brothers that spent a lot of time with my family and we did a whole bunch of stuff together. Well, while on the way to the Air and Space museum, I got a call from my sister informing me that the younger brother died that morning from a Brain Tumor at the young age of 23.
This really hit me hard. I haven't spoken to him in years, but after spending so much time with people, they always retain a special part in your heart. I haven't dealt with a lot of death in my lifetime, so this was a pretty difficult one. I did not feel like writing. This short post actually took me 2 days to write, as opposed to the usual half hour.
So I'm supposed to learn a lesson here and I'm supposed to share this with you. I've NEVER shared such a negative message on my blog, but I'll find a way to make it somewhat positive at the end.
Nothing Lasts Forever
This is an unfortunate reality that many people don't like to think of. As much as we like to hold on to memories, events, people, projects and the like, all things will come to an end. If you look especially at the state of the economy right now, you will have clear examples of things coming to an end. Circuit city is a place that I liked very well – but it didn't last.
I am a Freebie Trader (obviously) and I promote freebie trading for one simple reason – it is legitimate and you can make a substantial amount of money as a Freebie Trader. However, I would be stupid to think that Freebie Trading will last forever. Yes, it will continue to grow. However, a smart Freebie Trader is one who sets themselves up for success whether or not the Freebie Industry lasts.
How does one do this?
Well that all depends on the person. Some people blindly attach themselves to one industry that they think is the best thing since sliced bread. On the other hand, there are those people out there that try to diversify their portfolio so that they not only have a larger income, but they are well prepared in periods when one of the industries is going through a recession.
So, the take home lesson is don't get stuck on one program. Perfect one, and then start branching out. When you have perfected two, add a third. Eventually, you will have a portfolio that is prepared for the worse case scenario.
So there you have it, my lesson learned. This will be the last post for the week and then I hope to start next week's posts on a much brighter note.