Comments on: Singing the $8.7 Billion Blues http://adamjdavis.com/2008/07/31/singing-the-87-billion-blues.html Radical Change = Radical Results. Start Making More Money Now Wed, 08 Sep 2010 06:44:20 +0000 http://wordpress.org/?v=2.3.3 By: Adam Davis http://adamjdavis.com/2008/07/31/singing-the-87-billion-blues.html#comment-276 Adam Davis Fri, 01 Aug 2008 18:50:33 +0000 http://adamjdavis.com/2008/07/31/singing-the-87-billion-blues.html#comment-276 John, Thanks for the comment. I agree with your assessment of the downstream impact of the auto industry. Multiple streams of income is always a good idea! Adam John,

Thanks for the comment. I agree with your assessment of the downstream impact of the auto industry. Multiple streams of income is always a good idea!

Adam

]]> By: John Rohrbeck http://adamjdavis.com/2008/07/31/singing-the-87-billion-blues.html#comment-275 John Rohrbeck Fri, 01 Aug 2008 12:06:13 +0000 http://adamjdavis.com/2008/07/31/singing-the-87-billion-blues.html#comment-275 Adam~ Great post. It's sad to see the auto industry continue to slide. It slows everything down economically and psychologically. The problem for those of us that choose to stay in Michigan is that you can't easily diversify. For example, if you're a Michigan real estate investor, you're part of the State economy unless you expand your investments to other states. However, that presents its own challenges of managing property long-distance. Many other Michigan small businesses depend on local customers and can't easily go global. Perhaps the best opportunity is to have mulitple business activities that can help balance income out over the long term and you should be OK, even in Michigan. Adam~

Great post. It’s sad to see the auto industry continue to slide. It slows everything down economically and psychologically. The problem for those of us that choose to stay in Michigan is that you can’t easily diversify. For example, if you’re a Michigan real estate investor, you’re part of the State economy unless you expand your investments to other states. However, that presents its own challenges of managing property long-distance. Many other Michigan small businesses depend on local customers and can’t easily go global. Perhaps the best opportunity is to have mulitple business activities that can help balance income out over the long term and you should be OK, even in Michigan.

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