Wednesday, 16 April 2014

WHAT MY FATHER TAUGHT ME


There are two ways of going through life and getting pleasure from it. You can follow the route of the poor or follow the route of the rich.

  1. Poor, unsuccessful people spend most of their money on CONSUMER GOODS. Just about all of these peoples expendable money gets spent on high rental suburbs, holidays, dinners, expensive cars, drinking around the pub, entertainment, parties with the result that shopping, rates, services and basic costs all rocket. This type of CONSUMPTION is OUT!

  2. In contrast, successful rich people spent most of their money on GROWTH ASSETS! For example exclusive vintage cars, prime time timeshare, a holiday cottage in a good area, Irma Stern artwork, a boat on the Vaal or a collection of fine red wines. They are compulsive savers and investors. With the passage of time they find that their approach starts to pay dividends and this makes an enormous difference to WEALTH! 

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THE SCIENCE OF GETTING RICH


How is it that the chap in the picture is able to go trout fishing, whilst his neighbours with the same background and opportunities, have to stay at home?
The reason is that he has realised that there is a science of getting rich. This science is as exact as physics, chemistry and mathematics. The desire for wealth is not a shameful thing and everyone has a right to be rich. Wealth is our birthright!
All that one has to do is to study the laws that govern the process of acquiring wealth and learn to implement them. In point of fact, the POWER OF CREATIVE THOUGHT is the key to financial success. You can be freed from your insecurity both in an economical and emotional way by following practical and creative methods. Live your life in accordance with cosmic law and order your life so that you are able to harness the boundless energy that is at our disposal. There is more than enough of this energy for everyone. Merely think of what you want - visualise it and impress your thoughts upon it. Don't espouse cheating, competition and lording it over others. Be thankful for everything you get and you will grow in wealth, health and hapiness.

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ANTIQUES FOR AN ALTERNATIVE INVESTMENT


  The world is crazy for alternative investments and antiques slot in here. It is historically proven that whenever we have tough times, antiques will hold their worth, especially if they are quality and have a scarcity value like the 1933 car above. Their minimum appreciation is about 10% per annum. Antiques are not as risky as the stock market. For example the Standard Bank has large collections of valuable art in their corporate collection.
Earmark a special line in collecting and buy the very best you can afford. Make sure that you protect your items against theft in South Africa as this can devastate your best intentions. Hold onto your investment for the medium to long term and see the value of your investment appreciate. Get to know the dealers and visit antique fairs. Keep records of when and where you bought an item and get a written certification of the item's value. Keep the item insured and keep it in pristine condition. Enjoy your collection at the same time.
Traditionally, art has seen the biggest returns but other areas that you can dabble in are:-
  1. Investment quality glass
  2. Antique furniture and silver
  3. Royal Doulton
  4. Boer war and Afrikaner antiques
  5. Stamps are portable and robust in the international market
  6. Books, prints, maps and militaria

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ATTRACT WEALTH FAST


Do you want to pull up at the best hotels everyday in the Magic Bus?
Develop an abundant mindset - it will bring you a million dollars and a whole lot more. Rich people have a very positive outlook on life. You have an opportunity to live that way.
  1. READ BOOKS WITH WEALTH AND SUCCESS STORIES This will attract wealth to you. "The Rich Dad, Poor Dad" series by Robert Kiyosaki or T. Harv Ekers book "Secrets of the Millionaire Mind"
  2. APPRECIATE WHAT YOU HAVE Wriet a list of what you have - you will be surprised. Take time to indulge in what you like.
  3. BE GENEROUS Don't be a penny pincher. 

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YOU ARE THE CAPTAIN OF MY SOUL


Ever heard those words before? NELSON MANDELA
Your soul is your subconscious mind and as such it is the master of your fate. How you deal with it is vital for your riches, your health and your hapiness. There is a treasure house within you and look therein my friend! You can emulate the great men of the past, who all had the knack of activating their subconscious mind. It has the answer to all of your problems and if you lull yourself to sleep at night  with images of perfect health, your subconscious mind will heal you. You must give the right thoughts and images to your subconscious mind and it will respond accordingly. Never say "I can't afford it" because you you can do all things through your subconscious mind. CHANGE YOUR THOUGHTS AND CHANGE YOUR DESTINY!

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DO IT LIKE HE DOES - YOU'VE GOT TO HAVE A HERO



To succeed in any business you have to mave a hero! There are many but you cannot do better than emulate the famous property tycoon, Donald Trump. How does he go about it?
  1. THINK BIG - instead of merely aiming at exporting one container of wine but rather go for 2000000 cases 
  2. SET BIG GOALS and DREAM BIG
  3. Do things for LOVE, become a DOER and handle PRESSURE
  4. GO WITH YOUR GUT FEELING and alwayts KEEP  YOUR WORD
  5. CREATE YOUR OWN LUCK - the harder you work the luckier you get
  6. STAY CONFIDENT and TAKE ON NEW CHALLENGES
  7. THE WORLD IS A BRUTAL PLACEDress for respect, Set high standards and get the best people
  8. FORGIVE GOOD PEOPLE, NEVER FORGIVE BAD PEOPLE
  9. BUILD MOMENTUM and focus on a special goal
  10. KEEP GOING and give back to society
  11. KEEP YOUR EYE ON THE BALL and THINK BIG! 

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MASSIVE RETURNS THROUGH GEARING
You can make more than 100% by using the bank’s money
Use borrowed money to accelerate and increase the returns on your capital. The following are the types of investment that you can use for “gearing”:-
·       The potential returns must be higher  than the interest on the money borrowed
·       Fixed property is ideal for “gearing”
·       Others are tank containers, shares and unit trusts

a.     The smaller your loan, the less risk you take
b.     Use the cheapest loan you can find
c.      Many people have become super rich through property gearing
BUT
BEWARE OF THE RISK IN GEARING
Perhaps you cannot get a loan because you are too old or too young and you have no assets. So what do you do?
Take the safe route and
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