We’ve heard
the ole “Shit happens” mantra many times. Recent history has been a chorus of
“shit happens” that has echoed from around the world.
Over the
past couple years, Bradley Associates also heard of Murphy’s law.
And we’ve
heard the “that’s typical.”
We’ve had
our share of black swans, too.
The media
have circulated these messages almost continuously for nearly a decade.
(Actually, a heck of a lot longer than that.)
As much as
it’s true that shit happens, good shit happens, too. Turn-arounds are possible.
In fact, with every bad day, they become more probable.
If you’ve
faced tough times, just remember that.
Turn-arounds
can happen in a few different categories.
National Turn-arounds
The
country’s economy — and maybe even the entire world economy — can improve. This
is a national economy. How will this help you? Well, it’s the “every boat rises
in a tide” theory. If the country’s economy improves there’s a better chance of
your own personal financial situation turning around.
But, you
don’t have to wait for the country to turn-around.
Personal Turn-arounds
You can
engineer your own turn-around. Although, you may struggle more in an economic
malaise, it doesn’t mean that you can’t advance your money situation. In fact,
there’s probably a reason that most of the great fortunes and the great
companies were created during economic hard times. Struggle sharpens the
intellect and hardens the will.
Spiritual Turn-arounds
Your economic
reality is only one facet of your reality. This realization means that you can
thrive even when your bank account or your investment accounts aren’t. Health,
family, friends, and creative endeavors are far more important that a
recession.
