Here’s a great article about diversification…But not the traditional kind. It’s not like buying small, mid, and large cap stocks and seeing them all decline. Or Int’l and domestic funds and seeing them tank too. Or even diversifying into Real Estate and watching that crater.  

Side note: don’t sweat too much those who have been diversified but are “down”, it’ll come back up and it doesn’t negate the critical diversification and dollar-cost averaging principles that ultimately work best over the long haul. 

Anyways, this is a VERY different kind of diversification. It’s income diversification, and it’s pretty darned difficult to do in a traditional business. Expert trainer Tim Sales says that poor people buy “stuff”", middle class people buy “liabilities”, and rich people buy “assets”, though he uses a bit of a different definition than the traditional accounting ones (“stuff” is the junk you keep around your house, “liabilities” are things that cost you money, and “assets” are things that make you money.). 

Below, you’ll read about how rich people all across North America are investing in assets that are available to millions of people across North America, regardless of income, background, or experience. Pretty amazing. 

Click here to read the entire story.

Yet, it’s not all bad news.

It depends on what you decide to do to work through retirement. In every challenge exists opportunity. Most people I know who are already retired are aghast at the idea of going back — and many who are looking forward are spooked at the idea of having to slug away for many more years.

But what if you could intersect a way to make money — significant money — and feel better, and do good for humankind?

There’s a rapidly growing interest in this opportunity for people at the early and middle stages of life — and there are many reasons why (probably fodder for another posting). While I expect to see great growth in this younger demographic, I’m not sure that it will outpace growth for the “retirement class.”

All across North America, I see and hear sad stories of a dwindled 401k, or a completely erased pension, or dramatically fallen equity in their home. Yet, I also get to experience some amazing stories of success in Univera. Some of these people would NEVER have been prompted to find a secondary or primary income if it weren’t for a challenge brought forth to their lives. It’s often these challenges that bring people to Univera. So, it’s not all bad.

In fact, it can be very, very good. So if you have to work through retirement, why not find something you love?

Click here to read the entire BusinessWeek story.