REI WEALTH MONTHLY Issue 36 (The Best of REI Wealth Monthly) | Page 64

THE BEST INVESTMENT OPPORTUNITY AVAILABLE TODAY THAT THRIVES IN BOTH GOOD AND BAD ECONOMIC TIMES MIKE CONLON

The Best Investment Opportunity

Available Today that Thrives in

Both Good and Bad Economic Times

By Mike Conlon

I n the late 1990 ’ s I owned a successful financial planning firm . If you remember that time , the stock market was in a big boom phase and everyone was scrambling to invest as much as they could in it . I had over $ 100 million in investable assets under management and nearly 400 clients . However , the client that I remember most was one of my smallest clients . He worked at the local paper mill and never made more than $ 50,000 in any one year . He had a small IRA with me , but I knew he had more money to invest because he was a saver , pretty frugal , and hardworking . I had a couple meetings with him , but couldn ’ t convince him to invest more in the stock market . I asked him what he was doing with his extra money . He told me he was 50 years old and