08/25/2024
I don't expect everyone to read this, it will be a little long, but frankly this subject may have touched you during the course of our friendship. While having a political pi***ng contest with Charles Forrest, Charles struck a nerve in me. He was blaming the state of the economy on the current administration, well I think it has provided a lot of opportunity! Lately people have been bitching about the economy, when they really are missing the bigger picture. Much of our economy is set up for you as a consumer, investor, or entrepreneur to take advantage of it, its a capitalistic society, while many complain about the government helping out with student loans and medical care, its probably because you haven't taken advantage of what this country has been good at, business!
Life is about choices. For over three decades, I’ve emphasized the importance of investing to my friends, family, and Soldiers, often discussing strategies like starting an IRA and the rule of 72, which demonstrates the power of compound interest. Recently, I’ve found myself defending our economy because the United States remains the undisputed global economic leader. Our GDP is over 40% larger than China’s, and while the U.S. economy grew in 2023, China’s faltered. The strength of the U.S. economy lies in its diversity, spanning sectors such as manufacturing, services, technology, and finance. It’s an open economy that welcomes foreign investment, but what truly sets it apart is its capacity to take care of its own—if you choose to learn, invest, buy real estate, and avoid simply following the crowd. In this country, you can start a business, invent a product, or provide a service, but if you stand by and complain without action, you’ll quickly find that America’s competitive spirit will leave you behind.
I can remember sitting with Craig Rector, a former NCO leader of mine in the Army, discussing various stocks and investment strategies during out time together in Germany. Craig had a saying that stuck with me: "My pennies are like Soldiers; I want them to work hard for me!" While I am not working my pennies like Soldiers, the mindset of compounding my small meager wage into something that could provide my family and I a better tomorrow has guided my approach to investing for over three decades. While not every investment has been life-changing, and not every market period has yielded the best returns, the aggregate results have been lifechanging. The journey has been eye-opening, and I’ve had the privilege of sharing what I’ve learned with others along the way, particularly my children, Dylan Lineberger, who is a property owner at the age of twenty, investor, entrepreneur, and an economics student at the University of Texas, a realtor, and track athlete.
If you haven’t learned something from me about investing, or real-estate you simply weren’t paying attention. My goal has always been to inspire those around me to take control of their financial futures. I have always reminded those under my charge that it was their responsibility to put themselves and their family in a better position. Whether through direct advice or simply leading by example, I’ve aimed to spark that curiosity and drive in others. If all I did, was give you the inspiration to learn, then I’ve done my part—and so has everyone else who’s taken that step to educate themselves and take control of their financial destiny. Because in the end, it’s not just about the money; it’s about the choices we make and the legacy we build, one wise investment at a time.
So in closing, don’t blame your poor choices on an economy that stands as a global leader; blame yourself and make a change. As F. Scott Fitzgerald said in his poem Hope, "You can change or stay the same, there are no rules to this thing. We can make the best or the worst of it. I hope you make the best of it." The truth is, you make your bed, and you lay in it. The opportunities are there, but it’s up to you to seize them, learn from your mistakes, and strive for better. Success doesn’t come to those who wait for it—it comes to those who take responsibility, adapt, and persist in making the best of what they have. The power to change your future is in your hands, and the only real failure is not trying at all. I love you all!
Jesse A. Lineberger