A lot of people are fearful of the economic status right now, and I got a great email from a great friend today, I wanted to share it with you…

By now, we’ve all heard and seen the news. No deal was made today regarding the bailout of Wall Street, we also saw that the stock market dropped by 777 points, or almost 9%. All the commentators, pundits and “wise men” are talking about the impending doom, crisis, crash, it’s enough to make you wonder what’s in store for you, and how this all matters. Since, the news teams are already focusing on the negative, here are two items focusing on the positive.

1. If you’re reading this, chances are you’re not dead. This is a very good thing.
2. The stock market is on sale. Sure, your portfolio today took a nose dive, but you weren’t planning on selling it today either right? If anything you won’t be selling it for a few more years, if you’re my age, probably not for another 25-30 years. So, this is a great time for you to fatten up your portfolio. If you already had a 401k plan, or an auto buy plan, think of how much more your automatic investments will be able to buy now. The same $100, now buys you more stocks.

If you don’t have a portfolio, now may be a good time to start one. Even keeping the depression and the crash of 1987 in mind, the stock market has averaged a 12% return.