business & life 13 Oct 2008 02:03 pm
Generation of Growth
I’m a firm believer in the wax and wane of the world. I’ve realized that the push and pull motion of all areas of life are perhaps the most consistent thing about the world. We’ve hit quite an interesting section of life that I’m quite excited for with the current world economic crisis. While part of me definitely wishes this all never happened, a larger part of me is thrilled for the change. My generation has had a unique ride so far. We have really have had no truly bad time in our existence. While other generations fought through fully-involved wars and great depressions, we have only been told to spend more while watching rich girls throw away new cloths on the hills.
My generation is, in fact, a huge part of the meltdown. I have many friends who just a few years ago would state wholeheartedly facts such as ‘housing prices only go up’ and ‘I hope to sell in a year for 20% profit’. They were simply a product of their experiences which have never seen anything other than double digit growth in the housing market.
While there will be a lot of hardship in the upcoming years, there will also be tons of opportunity and growth. With the changing of the guards in the financial world, my generation has a great chance to step in at a young age and make serious impact to the future world. On a micro-level, each one of us has a great chance to purchase stock, land, and resources at low levels in the upcoming year which will surely help out our own retirement planning.
The sweet isn’t so sweet without the bitter. I, for one, am ecstatic for our generation to finally have some serious change to be part of. Hold on for a fun ride.