Up to 1,100 GM dealers closing in the US, 789 Chrysler franchises are also getting shuttered. Rumor has it GM is going to even get taken off of the Dow Jones Industrial Average. Sure North American car manufacturers have been missing the big picture that Honda, Toyota, Hyundai and now even Kia are seeing, but who could have forecast this?
Strange that large gas guzzling SUV’s that were the bulk of the profits for domestic car manufacturers have become less popular. Could it be that there are other events going on right now that the average investor is also missing out on? If large corporations like GM and Chrysler are missing the boat, what chance does an average investor have in this market?
As I mentioned in the previous post, how can people invest in a market or environment this crazy? Wouldn’t you like to hear where some of the smart money is going? You can sit back and wait for everything to works it’s way through the system, but how far back will you be compared to individuals who looked for new opportunities right now?
On May 26th Rod Burylo will be speaking in Airdrie about what is happening with the smart money in a crazy world right now and will be focusing on investment opportunities during a recession. There will be a heavy emphasis on Real Estate (in case you don’t know, I love Real Estate!) and Western Canada (which happens to be a great place as well).
The tickets for this event are valued at $35 a piece and there is only around 400 spots available. That is the bad part, the good part is my readers will have access to some of the tickets at no cost if they can get back to me before the event fills up. This is information you would probably like to have, so if you would like tickets (for Free!) email me back as soon as possible (bill@housez.ca) and let me know. The event starts at 6:30 with registration and the presentation begins at 7 and runs until approximately 8:30.
If you cannot attend, but know others who would be interested please forward this post on, have them register on the blog and email me about attending. I’m not sure about the current head count, but it’s best to do this sooner than later.
Hi Bill,
I’m interested in attending.WHen is it?
Blue Skies,
JT
How can GM expect to Stay in Business when they are still using the same Engine block today that they used in my 1957 Chevy,, thats not what I call innovative enginnering
Glen Godlonton
Glen@Godlonton.com
http://www.Godlonton.com
That’s true Glen, but that shows how a multi billion dollar company should have an idea of what is going on in the marketplace, yet they cannot figure it out. How is an average person supposed to make heads or tails of the markets, or other opportunities out there.