How many baskets do you have ?

The current financial crisis changed a lot of people's life. Yesterday rich ... today one in the 90% of the population that own 10% of the money. One way to avoid such a incident is to have your eggs in several baskets. If you invest only into the stockmarket your future depends on the stockmarket ... quite risky. So, why not creating several different streams of income ... coming from completely different areas. It could be network marketing, stockmarket, investment in properties, having several businesses or even passive income (copyright on books and songs etc.).

Steve Pavlina just wrote an interesting blog about the current Financial Meltdown happening worldwide.The last paragraph in the blog is as followed

Are you worried about the current financial and political climate? If you’re worried, then turn and face those fears. Accept responsibility for what’s happening. Is there some part of you that wants to get something for nothing? Do you value money ahead of personal relationships? Is greed more important to you than service? What will you need to change in order to live more consciously? What must you learn to let go of? Are you living your life as part of the solution, or are you part of the problem? You choose.

Most of the blogs from Steve are an eye-opener for me and I am enjoying his writing. I am also keen to get his recent book.

Photo Courtesy by Markus Brosch

Where on one side the PhD is my main focus right now (it should be at least), I am involved in projects to create other baskets. It is quite time consuming, but that's the way I have chosen. Just today we have started to outsource some work for MyJuicer. The outsourced projects for Boutique Wineries provided us with nice results and we are looking forward to get the new website layout done by the end of the month. Also InformPros will get something done this month ... so things are moving. It is hard not to get the reward immediately. But it is all made to reward me for the future ... so let's keep going.