What if the Sharemarket collapses? – Executive Success Australia

I was asked recently by a friend what would happen if the share market collapsed.

I asked him why he was really worried and he said that he was concerned that he would lose a lot of money.

There seems to be a lot of people that are scared of what may happen if the share market collapses but I think there are a lot more important things to worry about, and let’s face it a lot more fun things to worry about as well.

Shares and share markets were once created to allow businesses to raise money so they could grow.  This seems a long forgotten thing and they have become something that people use to speculate on as to what shares will go up and what shares will go down.  Share market investors no longer make money from the businesses they represent but instead it’s become a sort of a gamble.

One thing I can assure you is that you could spend your whole life worrying about money and die sad and lonely.  How would you want to be remembered on your tombstone?  As a loved father or mother, husband or wife and loved family member?

A great friend, mentor etc?

Or like this:

Here lies Fred, he was a shareholder….he held shares.

My advice to my friend was simple, the answer is get out there are create something special.  Spend time with your family and your friends, build businesses and create something exciting or something you really think is worthwhile.

Have work hard, have fun and enjoy your time with those you are playing the game with–that is the reward for living…let the share market take care of itself…

If you have any questions or you would like to register for the Executive Success newsletter contact me at info@executivesuccess.com.au

Oisin Grogan


Executive Success Australia


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