I am a subscriber of the financial newsletter "Strategic Investment" (Please visit www.agorafinancial.com). Truth is, I believe what these guys are writing about and the picture at the moment aint pretty at all. Basically, the subprime crisis is FAR from over and another MASSIVE wave of writedowns is expected to happen in early 2009 due to the adjustable-rate mortgages being reset.
What this effectively means things will remain ugly in the next 3 years at least. So what are you options?
SAVE A LOT OF CASH NOW!!!
When buying oppurtunities emerge in the 2nd half of 2009 & 2010 for stocks and real estate, grab them.
Thursday, July 24, 2008
WHY YOU ARE DUMB, SICK AND BROKE
I know, the title is not very edifying but hey, don't blame me because that is what Randy Gage called his book. Randy who?
"For more than 20 years, Randy Gage has been helping people transform self-limiting beliefs into self-fulfilling breakthroughs to achieve their dreams.
Randy Gage has been called “the Millionaire Messiah” because he believes that you are meant to be rich, and it is a sin to be poor! Through his prosperity workshops, books and CDs, he travels the world teaching that health, happiness, and wealth are possible for all who desire it. Randy reveals how to harness the power of thought and intention to manifest success in all areas of your life." (Taken from http://www.randygage.com/)
Some important points I would like to share from Randy's book:
7 LAWS THAT GOVERN PROSPERITY
1. The Vacuum Law - When you give, a vacuum is created and God being good in
nature will rush and fill this void with something good.
2. The Circulation Law - Hey, what happens to water that is stagnant? They breed
aedes mosquitoes and turn stale and smelly. Similarly, hoarding leads to
misery.
3. The Imaging Law - Picture yourself in an environment of abundance. Better still get a board and stick your goals (or Ferarri) on it. Look at it daily and it will
trigger the next rule.
4. The Law of Ideas - Making Money is just an Idea away. When your worldview
of money changes, you will discover how it is actually possible to make a lot of
money with little or no money down.
5. The Law of Reciprocity - If you lovingly give your wife a shoulder rub, do you
think she will do the same for you? Similarly, if you are a baker and give free
freshly baked muffins to the accountant next door, do you think he will do your
books for a big discount (better still for free with tax planning thrown in).
6. The Law of Tithing - 10% of all you earn is designated for God or if you don't
believe in God (email me and tell me why...), charitable organisations.
7. The Law of Forgiveness - No forgiveness leads to bitterness which saps your
energy to be productive in life. Life on earth is far too short to remain angry
with somebody. Make peace NOW and move on. Once that is done, cultivate a
cheerful and joyful spirit. Money ideas WILL come your way.
"For more than 20 years, Randy Gage has been helping people transform self-limiting beliefs into self-fulfilling breakthroughs to achieve their dreams.
Randy Gage has been called “the Millionaire Messiah” because he believes that you are meant to be rich, and it is a sin to be poor! Through his prosperity workshops, books and CDs, he travels the world teaching that health, happiness, and wealth are possible for all who desire it. Randy reveals how to harness the power of thought and intention to manifest success in all areas of your life." (Taken from http://www.randygage.com/)
Some important points I would like to share from Randy's book:
7 LAWS THAT GOVERN PROSPERITY
1. The Vacuum Law - When you give, a vacuum is created and God being good in
nature will rush and fill this void with something good.
2. The Circulation Law - Hey, what happens to water that is stagnant? They breed
aedes mosquitoes and turn stale and smelly. Similarly, hoarding leads to
misery.
3. The Imaging Law - Picture yourself in an environment of abundance. Better still get a board and stick your goals (or Ferarri) on it. Look at it daily and it will
trigger the next rule.
4. The Law of Ideas - Making Money is just an Idea away. When your worldview
of money changes, you will discover how it is actually possible to make a lot of
money with little or no money down.
5. The Law of Reciprocity - If you lovingly give your wife a shoulder rub, do you
think she will do the same for you? Similarly, if you are a baker and give free
freshly baked muffins to the accountant next door, do you think he will do your
books for a big discount (better still for free with tax planning thrown in).
6. The Law of Tithing - 10% of all you earn is designated for God or if you don't
believe in God (email me and tell me why...), charitable organisations.
7. The Law of Forgiveness - No forgiveness leads to bitterness which saps your
energy to be productive in life. Life on earth is far too short to remain angry
with somebody. Make peace NOW and move on. Once that is done, cultivate a
cheerful and joyful spirit. Money ideas WILL come your way.
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