I talk to and know a lot of people in that very situation. Some of them are bogged down by circumstances outside their control, but most simply don't know how to manage money or make a winning investment.
Even worse, they don't know how policy, politics, and world markets affect them, their livelihoods, and their investments.
The first step to financial freedom is knowing what's going on around you at any given time. Right now, we're dealing with high prices for goods because of currency issues and inflation. Understanding what that means for you is a good place to start.
Once you've got a grasp on basic economic and market tenets, you can focus on investments that really grow your capital.
It takes connections, foresight, hard work, and guts to make it happen.
But when you get that first double- or triple-bagger, it's all worth it.
Solid demand growth for energy will foster stable profits for decades. But inside that macro opportunity, there are thousands of micro opportunities — not for stable appreciation, but for explosive gains from oil discoveries, new natural gas drilling techniques, game-changing clean technology breakthroughs, and more.
You can't have an either/or approach; it has to be both.
You can't secure a safe retirement only going after huge wins.
And you can't bank huge wins by simply playing it safe.
But you can find all of this week's profit ideas below.
Nick Hodge
Editor, Energy and Capital
Source: http://www.energyandcapital.com/articles/weekend-two-things/1532
