Because almost everyone has been baffled by Wall Street baloney they have accepted the conventional wisdom that every investor needs a stock broker or financial planner if they are going to invest in the stock market.
All real estate deals need to be seen as an opportunity and they may need to be worked a little. You may need to invest some time, face some challenges and grow and develop in your financial education to be able to make these opportunities in to reality. I will give you a few pointers as to how to work a real estate opportunity into a ‘no money down’ deal.
Considering that for many decades, Australia was regarded as ‘The Lucky Country’ – the land of opportunity where you could really live the good life. So where did we go so terribly wrong?
With all this corruption you, the investors, are more confused than ever. What do I do now? Where should I put my money? You need “expert” advice and I must say to you that you will not get it from a broker. Advice from a broker is a eulogy for your money. No, now is the time for you to take charge of your own investment portfolio. Could you have done any worse in the past 3 years than letting a “professional” handle your money?
I recently met a fellow trader, someone who did extremely well in his investments and was able to work a few minutes a day, then spend the rest of his day with his wife and young boys, age 7 and 10. He made an extremely generous living.
Once they are earning and saving money, encourage and allow them to spend the cash they have to buy something they want or need. Have them walk into a store with their dollar fifty and tell them they can go buy whatever they want, as long as they have enough money. They will soon learn that it takes a little more than a few dollars to acquire those things that they want. In addition, by suggesting that they use their money to buy certain things, it changes their perspective on what they want. They begin to establish their own boundaries on what they are willing to spend their money on.