Dark days are coming – are you prepared?

Last week was the worst week investors have experienced for three years.

And don’t think that’s the end of it.

In my opinion, this crisis is just beginning.

Which is why I believe that you need to act now, taking a few simple steps towards financial independence, if you want to avoid the crisis that will hit many, many homes in the UK.

Down days are here to stay

Last week, the UK business secretary Vince Cable said: “We now face a crisis that is the economic equivalent of war.”

Market analysts are in agreement about one thing – we should get used to “big down days”.

Even gold – traditionally a safe haven in times of crisis – took a tumble.

Why is gold falling?

It’s the trading equivalent of having the pawn your wedding ring – traders have needed to cover their losses, so have had to sell gold to release capital.

I don’t want to sound melodramatic here, but these are dark days, and – unless we are careful to protect ourselves – the darkest days are still to come.

There has never been a more important time to take control and build financial freedom for yourself.

So that you’re not at the mercy of job cuts … falling wages … pension deficits … and that £64 billion that was wiped off the FTSE in just one day last week.

Don’t get complacent – the problem isn’t going away

Yes, we’ve seen a little rally this week, as the markets composed themselves between rounds of talks on the future of the Eurozone.

And it would seem that the markets are infinitely optimistic – they’re hopeful that the central banks will wave a magic wand over the Greek debt problem … that the Fed will pump in more money … that the G20 will ride in like a cavalry to the rescue …

And yet, even when these rescue packages come – they don’t live up to the market’s hopes. If the markets are rising today … you can expect them to fall back again tomorrow. This is going to be a long story of false hopes … and expectations dashed …

… and it promises a torrid time for anyone who’s not savvy enough to take control of their financial situation.

That’s why I’ve been determined to build myself a buffer against these threats. And I hope you are doing the same.

In a crisis, often people become paralyzed into inactivity. We don’t know which is the best way to turn – so we do nothing.

However, doing nothing is probably the worst thing you can do.

By doing nothing, your pension is being wiped out by stockmarket falls …

By doing nothing, your savings are being eaten away by low interest rates and high inflation …

But even if you don’t have investments, even if you’re in a secure job … this still affects you.

By doing nothing, the money in your pocket (and in your wage packet) is worth less and less each week.

The simple steps

Now is the time to build up an arsenal of weaponry to fight these threats.

By creating secondary income streams that will give you the security of knowing that your eggs aren’t all in one basket, so you aren’t solely dependant on your wage or a long-term investment portfolio.

And it’s considerably easier to do than you might think.

You don’t need to have a lot of money to get the ball rolling – and you don’t need a lot of spare time.

As a member of Trader’s Bulletin, you’re already one of those people who are ahead of the game – you’ll know that there are ways to get superior returns on your investments.

Provided you chose the right tools, and don’t take any unnecessary risks.

Next week I will be writing to you about just such a weapon.

It’s a simple trading strategy that I’ve been using myself, and I’d like to share it with you, as I believe it can be an important step on the road to financial freedom.

Related posts:

The “September effect” – are you prepared? How wrong are you prepared to be?