1. Remember that you are not alone. People with money in the stock market, real estate, cattle, horses, and pretty much any business you can think of have lost a significant portion of their investment (at least on paper).
2. If you don't sell your alpacas at today's current low prices, you don't lose money. Economic advisors have called alpacas a "hold" investment for now.
3. Don't let panic selling cause you to drop your alpaca prices to a place where you're not comfortable selling.
4. Keep in mind that your pregnant alpacas are out in the field growing your investment now. They are working for you. Focus on their care.
5. Your Investment almost doubles with each female cria. This knowledge should leave you feeling good about the money you have invested. (Stock holders do not have this assurance.)
6. If you don't already use the alpacas' fleece to bring in money - this is the time to do it. Let the alpacas do their part to earn their keep.
7. Remember why you got into the alpaca business to begin with. For the majority of people in the alpaca business, money was not the number one reason they invested in alpacas. The animals and the lifestyle they allow are more important to most of us.
Get back in touch with what motivated you to have alpacas in the first place.
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Regular alpaca cam watchers know that the more you watch, the more likely it is you will see something interesting. However, I received a letter from a viewer last week who on the first time she looked in on the alpaca cam got to see a birth! Sophia had Eve right in front of the camera and a first time viewer in California got to see it as well!
7 tips for surving the recession with your alpaca business by Katy Spears
