The easiest way to order the 21st Century Homestudy Membership is to go to www.LearnToBeRich.com.au and order online or you can contact the representative who sent you the initial material.
Alternatively you can call or fax one of the following contact numbers:
Australia:
Ph: (02) 4472 1001
Local Calll: 1300 558 540
Fax: (02) 4472 1010
International: +612 4472 1001
Email: Support@LearnToBeRich.com.au

How do I qualify for the 5 or 10 year Membership Extension Bonus?

To receive the 21st Century 5 Year Membership Bonus worth over $5,000 extra including 3 additional years of support, increased from the standard 24 month Membership you simply have to nominate a 4 Day Education for Life Event you wish to attend within 30 days of registering as a member of 21st Century Academy and attend the 4 Day Education for Life Event within 12 months of enrolling. Otherwise you’ll receive the standard 24 months Membership and miss out on the extra $5,000 5 year Membership bonus.

To qualify for a 21st Century 10 Year Membership Bonus worth over $5,000 extra including 5 additional years of support, increased from the 5 year VIP Membership, you simply have to enrol as a 21st Century VIP Homestudy Member which entitles you to a 5 year membership, nominate a 4 Day Education for Life Event you wish to attend within 30 days of registering as a VIP member of 21st Century Academy and attend the 4 Day Education for Life Event within 12 months of enrolling. Otherwise you’ll receive the standard 5 year VIP Membership and miss out on the extra $5,000 5 year extended Membership bonus.

Can you explain the 2 levels of Membership?

We have added value to the 21st Century Membership over the years and have now developed 2 membership types to cater to various clients’ budgets and needs.

21st Century Homestudy Membership; Offers a full level membership with a bonus 5 year option. You have access to the 21st Century Homestudy Program plus many additional bonuses to advance your education further. Details of these bonuses can be found by visiting www.LearnTobeRich.com.au – Payment Price $4,995.

21st Century Homestudy VIP Membership; Offers an advanced level of membership with a bonus10 year Membership option, plus access to the 21st Century Homestudy Program, all Full Membership entitlements and so much more including many additional bonuses to accelerate your success. Details of these bonuses can be found by visiting www.LearnTobeRich.com.au – Payment Price $6,995.

How long does it take for the 21st Century Homestudy to be delivered?

The Homestudy will generally be shipped within 24 to 48 hours of receiving your order. Allow 10 to 21 days for it to arrive no matter where in the world you live. If the Homestudy has not arrived within the above specified time frames, please email Support@LearnToBeRich.com.au and your 21st Century Homestudy program will be tracked and you will be notified ASAP.

How does the 90 day 100% money back guarantee work?

It’s very simple. You have 90 days from the day you order the 21st Century Membership to watch the initial 10 DVDs contained in your Homestudy Program and if you don’t believe that you can profit by at least 10 times the course investment (ten times $4,995 or nearly $50,000) then you can return it to us for a 100% refund. To claim a refund you will need to satisfy the following conditions:

• Agree to watch the first 10 DVD’s of the Homestudy package
• Speak to a 21st Century Academy mentor in the first 90 days and
• Either attend a 21st Century 4 day Education for Life Seminar or attend 2 Homestudy webinars within the first 90 days.

If you elect to attend the Education for Life Seminar inside your 90 day refund period then the refund period expires at the dinner break of the second day of the seminar as opposed to the normal 90 day period.

Refunds are then processed within 30 days of us receiving the program back once we check that the disks have not been copied or damaged and you have met all the refund conditions.

How many people ask for a refund?

We have a refund rate of approximately 2%. Therefore 98% of our members never request a refund and anyone who has been entitled to a refund that have completed the 3 conditions listed above, always receive their refund with no questions asked. This is done to ensure you have no risk in purchasing the 21st Century Homestudy Membership and can be guaranteed that what the program promises can be done in reality as long as you are prepared to take action.

Can I take a payment plan option?

Yes. About 50% of our clients take a payment plan option as it preserves their cashflow and works out at approximately $25 per week (charged at as little as $99 per month).
Those who pay up front in full receive a significant discount, thus they only pay the early bird rate of $4,995 plus $65 postage and handling if enrolling inside the 21 day Earlybird Period or $5,995 thereafter.

For further information on all our payment plan options visit www.LearnToBeRich.com.au

What seminars are included with my 21st Century Homestudy Membership and how long do I have to attend them?

As a 21st Century Homestudy Member and you can access the following seminars currently:

• 4 Day Education for Life
• Property & Finance Mastermind Seminar
• Internet & Business Mastery Seminar
• Women’s Academy Seminar***

You receive unlimited revisits to each of these seminars. There is also numerous other seminars made available to attend at no charge.
You can attend these seminars as many times as you wish for the duration of your 5 or 10 year membership.
VIP Members will receive VIP Treatment at our 4 Day Education for Life Events including dinner or lunch with Jamie McIntyre or host speaker.

***Female members or spouse only

Can my spouse attend unlimited seminars for the entire duration of my membership?

21st Century Education understands that it is very important to include your spouse in the financial decisions and therefore they have made available for purchase a 5 year membership pass for a once off investment of $995 (a massive saving of $3,000).
This not only allows your spouse to attend with you, but also learn, grow and experience every aspect of the 21st Century Education Program at all member’s seminars for 5 years.
If you have, however, enrolled as a VIP Member your spouse can access seminars for the duration of your Membership for no extra as it’s inclusive.

What other services do we have access to as part of our 21st Century Membership?

The 21st Century Homestudy Membership gives you access to 21st Century Finance with our team of dedicated full time financial professionals that source the best possible finance deals and packages available in the market.
Plus, you have access to 21st Century Accounting, which provides our clients with the best asset protection and tax minimization strategies available to investors through the use of company and trust structures and self managed super funds.
21st Century Members also have access to exclusive real estate education and opportunities with 21st Century Property Direct and 21st Century Investment Services to implement 100% share strategies or 21st Century Broking for share renting and other share trades.
VIP Members receive priority access to all these services.

What happens after the 5 Year Membership period expires?

You can extend your Membership for an additional 5 years for the small investment of $995*.
This will include ongoing access to all 21st Century Education Service Providers, including Accounting, Share Brokers and Property Sourcing Specialists, plus ongoing graduate discounts, email support and access to the 21st Century Education Network.

If you become a 21st Century VIP Member you can receive 10 years Membership.
You can upgrade to a VIP Membership for only $1,995 within 30 days of becoming a 21st Century Homestudy Member or $2,995 thereafter. Go to www.21stCA_members_upgrade.com to upgrade today.

*This price is subject to change

What is the 21st Century Education Network?

This is a great resource to enable you to continue learning and asking questions. You can network with fellow 21st Century Homestudy Members from not only around Australia and New Zealand but from around the world.

Should I use a local Share Broker or an Australian Licensed Share Broker and if so how do I find one?

We suggest that you use an Australian broker and with the 21st Century Membership you will receive access to 21st Century Broking via 21st CenturyInvestment Services.

• They fully understand the strategies as they work with our members ongoing.
• Many are also active investors themselves so they actually operate many of the strategies as well.
• We make this service available to 21st Century Members to ensure every client is fully supported and can implement the strategies.

They can also provide ongoing support and have access to licensed individuals who can look at your personal situation and provide advice if required.

Can I do these strategies on the share markets outside the Australian and US markets?

The share strategies covered in detail in the 21st Century Homestudy by licensed brokers use Australian shares as examples and also US shares.
However, you can use these strategies in any share market that has a liquid options market as long as it trades in US style Options.
You can do it in many markets around the world, however we recommend you use the Australian or US Market for the following reasons. For New Zealand clients you will simply need to use the Australian or US markets and not the New Zealand market.

• It’s just as easy to use the Australian market as it is to use your local market (i.e. Just one phone call a month to a licensed broker so it doesn’t matter where they are and free call numbers available for New Zealand).
• The Australian market can be very profitable. You can use the US Share Market, however we recommend to start with the Australian market due to the extra support we can provide. Once you become experienced with the strategies you may consider using the US market but it is not necessary.
• The program is based on using the Australian market so most examples refer to Australian examples apart from US examples in some cases.
• The Australian Options market is the third largest in the world, which means there is generally very good liquidity for trading and it is considered the second best in the world outside the U.S. share market.
• Time difference is suitable for both New Zealand and Asian clients as the US market isn’t as suitable.
• When you purchase the 21st Century Membership you get ongoing support from our Australian licensed brokers to execute your trades or we also provide online broking services for you to utilise once you are confident with your trading. You can have a share account application and margin loan application (if you wish to borrow money) sent to you free of charge once you receive your 21st Century Homestudy Program and they can implement the strategies for you.
• Remember it’s just one phone call a month and many of our clients have supplemented their income within 90 to 180 days of purchasing the Homestudy. However, we suggest practising (paper trading) for at least several months before going live using real cash.

If I’m from New Zealand, Singapore, Europe, Asia or America do the strategies still work and how much do I pay?

Yes, the strategies work wherever you live in the world with a few exceptions. The share strategies are best done on the Australian Market or the US Market, which anyone in the world can easily access.
The success principles are applicable no matter where in the world you live. The property investing strategies vary from country to country and the property strategies covered are predominantly tailored to the Australian, New Zealand and UK Property Markets.
However, if you live outside these countries this is a good insight to investing in these property markets as they represent some of the best property markets in the world. However, the principles for property investing can be adapted to other property markets, especially the UK and the USA. Other emerging property markets such as Asia, Eastern Europe and Latin America can also provide great property investing opportunities as well. Please check relevant state/country rules and regulations.

Am I charged in my local currency for the 21st Century 5 year Membership?

The programs are charged in Australian dollars no matter where you live so if paying for it by credit card your credit card company will automatically convert it for you on your credit card statement.

If I don’t have a credit card can I still buy the program including the payment plan option?

Yes. In Australia you simply deposit your 21st Century Membership Fee into:

Australia: Bank: Westpac Bank BSB: 032 612 Account No: 141 994

New Zealand: Bank: Westpac Bank BSB: 031 592 Account No: 0334 614 00

Other Countries: Email: Support@LearnToBeRich.com.au or Phone (612) 4472 1001

You can only do this as a one off payment for the full amount or initial deposit. Recurring payments, must be made via direct debit arrangement by completing the 21st Century Academy Pty Ltd Direct Debit Request (DDR) form available by emailing Support@LearnToBeRich.com.au

NB. When making a direct deposit payment, please ensure that you include your FULL NAME as a reference.

Why does the 21st Century Membership cost the price charged?

Firstly, the cost of something is relative to the outcome, i.e. is it expensive or cheap to do the 21st Century Membership if you learn how to make $5,000 to $10,000 many months of the year or more for the rest of your life from just one strategy? Many of our members, after completing the course, realise that the education provided by the 21st Century Homestudy program is very inexpensive in comparison to the results.

When you consider what it costs to go to University compared to a modern day Education for Life provided if you are a 21st Century Homestudy Member, University costs are a lot more than $25 per week or $4,995. And one’s University fee doesn’t come with a ten times your money back guarantee or it’s free. A University degree even though very valuable, doesn’t even guarantee a job, let alone skills that can produce real life results, such as an Education for Life provided with a 21st Century Membership.

Why isn’t the 21st Century Membership Free?

You should consider the following:

• 21st Century is committed to donating the initial 3 hour DVD and E-Book, plus provides a team available to answer questions at no charge to over 250,000 individuals so far, which is generous considering the expenses involved. However, for those requiring further training, support and access to Licensed Share Brokers, Property Sourcing Team, Accounting and Finance Brokers to help implement the strategies it requires a membership fee.
• From experience, we found that those truly committed to changing their life wouldn’t hesitate to invest into their own financial education.
• We used to do it for free and found people didn’t value something as much if it is free, as a result they have a lower commitment, and thus achieve poorer results.
• 21st Century isn’t for uncommitted people, thus by charging it eliminates those who are not committed enough to improving their life and to invest in their own education. You can only help those willing to help themselves.
• Life is often a reflection of where a person is at, Jamie McIntyre – the Founder of 21st Century Education – began his journey by investing over $100,000 into seminars and education to learn these strategies 15 years ago and as a result became successful faster than most people. Those who are reluctant to invest in their education often don’t realise this is reflected by the Universe being reluctant to allow wealth to flow into their lives.
• The course comes with a ten times 90 Day 100% Money Back guarantee*, thus 21st Century has removed the risk for those committed to having a go and wishing to invest in the program yet not sure if it’s for them.
• Do you work for free in your job or business? Or do you expect to be compensated fairly for the value you add?
• It costs millions of dollars a year to run the 21st Century Membership and due to the demand we are only prepared to help those who are willing to help themselves.

For instance, ignorance can be more expensive than education. Can most people afford to continue to miss out on $5,000 to $10,000 most months of the year in extra cashflow that many clients can produce within 90 -180 days of enrolling into the 21st Century Membership from just one of the strategies alone.


For any further questions, feel free to contact us on 1300 558 540 or 02 4472 1001 or 0415 304 820 or email Support@LearnToBeRich.com.au or enrol at www.LearnToBeRich.com.au

Apart from relying on the Reserve Bank to help with mortgage repayments, do you realise there are many other ways to pay off your mortgage sooner?

In the latest book from 21st Century Education, What I didn’t learn from my finance broker but wish I had, author Jamie McIntyre provides a range of options that can save mortgagees thousands of dollars and cut years off the term of their home loan.

Here is a sample of some the tips direct from Jamie McIntyre for saving money and shortening the term of your mortgage.

Every little bit helps
Just putting aside a small amount of extra money every week could potentially cut a couple of years off your mortgage. And remember if you have built up significant equity and you want to borrow again (to finance renovations, for example) you can top up your mortgage and avoid repaying loan establishment fees or mortgage stamp duty.

Pre-pay Your Mortgage
Probably the single best investment that most people can make is an investment with a guaranteed high return. It is nothing fancy - it is simply paying off your home mortgage as quickly as possible.

Mortgage pre-payment is especially important in the initial years when most of the mortgage goes towards interest. Take a hypothetical $200,000 mortgage on a fixed 5% interest rate amortised over 25 years. The monthly mortgage payment works out to $1,163.21 and after the first year the principal balance is still $195,845.49.

After five years, the balance is still $177,015.00 or 88% of the original mortgage is still outstanding. In those five years, a total of $46,807.61 in after-tax dollars has been spent to carry the mortgage.

Now imagine that an extra $200 can be paid towards the mortgage principal. After the first year the principal owing is $193,390.30 and after five years it has shrunk to $163,431.59. The loan period will be 6 years shorter and interest savings of $41,255.47 can be realised.

The beauty of prepaying the mortgage is that an extra payment reduces the mortgage balance and a little bit of every future mortgage payment that would otherwise have serviced the loan will now go towards reducing the loan. And over time every little bit adds up to a lot of money.

The advantages of a bi-weekly mortgage payment
Do you know that every year you are giving away the hard-earned equity in your home by paying more than you have to in interest? Most homeowners don’t realise they can cut up to seven years off of the length of their mortgage and save thousands of dollars in the process.

For instance, if you have a small $80,000 mortgage and are paying an interest rate of 7 percent. How much will a bi-weekly payment method save you, versus paying the conventional mortgage off over 30 years?

You would be saving over $25,000. The more your loan amount or the higher your interest, the more money this you can save. When you pay your mortgage bi-weekly, there are a number of factors that come into play.

You are reducing the term of your loan by up to eight years, you are paying less interest over the life of your loan and you are building up equity in your home sooner because more of your money is going towards principal than interest. The savings don’t end there.

Due to the fact that your mortgage will be paid off years in advance, you will be able to discontinue your private mortgage insurance earlier than you would if you were paying over a full 30 years, thereby saving you even more money.

The bi-weekly mortgage method is also a wonderful option for people who want to pay off their homes in a shorter period of time than the conventional thirty-year mortgages allow, but who don’t qualify for a standard 15-year mortgage. It offers homeowners more convenience and flexibility than a fifteen-year mortgage.

With a fifteen-year mortgage, if you want to change to a thirty-year mortgage, you would have to refinance. With the bi-weekly payment plan, if your circumstances temporarily change and you need to pay on a monthly basis for a period of time, there is no refinancing necessary. Unless you’re independently wealthy and don’t care where your money goes, then you will definitely want to look into paying off your mortgage on the bi-weekly plan, and learning how to do it on your own.

Offset accounts
Over time savings in an offset account can help reduce the loan principle allowing you to pay off your loan sooner or to build up equity. There are two different types of offset accounts: a 100 percent offset and a partial offset account.

With an offset account your salary is placed in an account attached to your mortgage. Interest is calculated on the amount you owe minus the amount in your account. This means your salary works to pay off your loan. All-in-one accounts include a credit card, which you use for your expenses and pay off in one hit at the end of the month. This maximises the amount of time your salary is being deducted from your principle.

For the full story on paying off your mortgage sooner you can obtain author Jamie McIntyre’s latest book, What I didn’t learn from my finance broker but wish I had, from 21st Century Education or your favourite bookstore.

21st Century Education also have a range of books available, including:
Think and Grow Rich
What I didn’t learn at school but wish I had
What I didn’t learn from my real estate agent but wish I had
What I didn’t learn from my financial planner but wish I had
What I didn’t learn from Google but wish I had

The clients of the Townsville-based financial planning firm Storm Financial are considering a class action against the company according to media reports in mid-December 2008.
The north Queensland company’s share market funds were terminated in early December and assets were being sold off.

Storm has about 13,000 clients across Australia and about $6 billion in funds and liabilities under advice. The company has 38 financial advisers, two authorised representatives and 164 staff in 14 offices across Queensland (seven are in regional Queensland), NSW and Victoria with a head office in Townsville.

According to lawyer Damian Scattini, a number of clients are considering filing a class action against the company for providing them with inappropriate advice. “They’ve been put into a very high risk venture that’s been presented as anything other than high risk,” he said.

Scattini says some customers are alleging they were not warned they could lose their money through high-risk investments. “These are ordinary mums and dads and sadly grandmums and grandads, who have been put into this vehicle and they’ve been encouraged to use their house as collateral. It’s tragic enough if you are a 40-year-old but if you are a 65-year-old you don’t have time to ride it out, you don’t have time to start again,” he said.

Just six weeks earlier on October 30th, 2008, the Townsville Bulletin reported that, “Townsville’s wealthiest couple has vowed to survive the financial storm. Julie and Emmanuel Cassimatis said their highly-successful business Storm Financial would be around for the next 30 years despite the world-wide credit crunch which has claimed some of the biggest businesses and heavily impacted the Australian financial sector.”

Ms Cassimatis said southern media reports of hundreds of millions of dollars of Storm client stock being dumped into the market and that the company was in turmoil were incorrect. “Storm Financial Limited is a strong company both financially and culturally - we’ve been around for over 30 years and intend to be around the next 30 years. Storm is currently seeking new firms to acquire and continuing with its acquisition path,” she said.

Ms Cassimatis said she was confident Storm Financial had complied with all regulatory obligations in respect to providing advice to shareholders and investors.
According to the October 30th, 2008, Townsville Bulletin report, the Cassimatises boast a fortune of about $450 million and were listed at number 22 on this year’s Sunday Mail’s Queensland Top 100 Rich List.

Mr Cassimatis said they didn’t do anything half-heartedly. Earlier in 2008 the company hosted about 600 of its clients on a group holiday at a Sun City resort in South Africa, while four hundred clients joined the Cassimatises in the Mediterranean for a holiday in 2007.

The very day before this story appeared in the Townsville press, Michael West had written a critical article about storm in the Fairfax press.

“One year ago, financial planning company Storm Financial was trying to pull off a $500 million stock market float. It never quite got that float away, despite the assistance of UBS and Macquarie (and investigating accountant PWC), despite the heady market, and despite two attempts - one mid-year and another in October 2007. Now margin calls have forced Challenger, which acts as Storm’s responsible entity, to dump hundreds of millions of dollars of Storm client stock into the market. Colonial, which also runs indices for storm, is ducking for cover.

“Storm founder Julie Cassimatis and her husband Emmanuel steered Storm from a two-advisor show in Townsville in 1994 to a planning powerhouse with 13,000 clients across the country controlling $4.6 billion in funds under management. There is a fatal flaw in their business model however - failure to come to grips with the fact that bear markets happen.
“The Storm way was to get clients to borrow using their house, and any other asset which could be leveraged, and hop into the stock market every time it dipped. This worked a treat for years: the market kept dipping then surging to fresh new highs. Finance was abundant and cheap.

By 2007, Storm was on a serious acquisition binge. It had bought a planning group in Melbourne, then expanded across Queensland into Brisbane, the Gold Coast and Sydney. It snapped up 10 companies in March 2007 alone.

“The “pathfinder” prospectus - a copy of which has been sitting on the desk here for a year in the knowledge that it would soon come in handy - shows Storm agreed to pay $32.9 million for a swag of planning businesses. But there was a catch: “This consideration is to be paid in the form of shares” from the IPO.

“A glossy presentation to funds managers shows a list of Storm’s multi-millionaires.

Client AO - 8 years, 6 months invested. First investment $350,000, current balance $14.9 million.

“Another started with Storm just before the September 11 market crash. First investment $300,000. Current balance $37.8 million.

Fees on that account were $330,000 for March 2007 for an accumulated total of $1.2 million.
“According to the prospectus, Storm was to have offered 160 million shares to the public, including a 28.5 million selldown of the $1 shares by the Cassimatises. Market cap at the IPO was to have been $424 million to $498 million with the Cassimatises keeping 54%. Some $14 million in proceeds would go to repay shareholder loans and $110 million was earmarked for acquisitions.

The husband and wife team were to have picked up a salary of $513,129.20 apiece and were on quite a nice fee wicket to boot, thanks to licence arrangements for selling their Ignite research service and their Phormula leverage service to Storm.

“Storm itself earned only small income from the “non-Stormified” clients but once they were geared up and Stormified, Storm could expect an up-front fee of 6.5% to 7% of gross investment. The usual trailing fees applied, both to Storm and to the planning companies that had been acquired by Storm.”

Jamie Mcintyre, Chairman of 21st Century Education says if only these clients had taken the trouble to obtain a financial education costing no more then a few thousand dollars they could have avoided loosing this money.

Mcintyre is a long-standing critic of the financial planning industry and the ethics and integrity of many of the companies and people involved in the financial planning industry. Even before the sub-prime crisis emerged in the US thousands of Australian investors, many of them retirees, had lost their life savings in dubious financial schemes promoted by financial planners. He even wrote a best-selling book on the topic, What I didn’t learn from my financial planner but wish I had (21st Century Publishing, 2007)

He said many novice investors try to save a few thousand dollars by not investing in their financial education but were paying 7% in fees to Storm Financial to manage their money in high-risk investments and now stand to lose everything.

The basic education we teach our clients at 21st Century Education, Mcintyre says, is to protect their share portfolio. “We stress to clients if you ever borrow for shares, never leverage more than 50% and use income producing strategies such as share renting and selling insurance in the share market.

Mcintyre says 21st Century clients following it’s strategies are making tens of thousands a month at the time of this article (mid-December 2008) from the share market, despite the financial woes being experienced by many at that time.

The reason for the success of these 21st Century clients McIntyre says, is because they invested in a financial education with 21st Century Education, an education sadly lacking in their schooling. “These people are now reaping the rewards whereas those who blindly followed the expensive, commission based advice of financial planners such as Storm Financial are now paying a huge price - their life savings in many instances.”

Just days after the Storm problems were reported in the press Reuters reported what may be the biggest ever scam by a “financial planner”.

In mid-December 2008 investors were scrambling to assess potential losses from an alleged US$50 billion ($76 billion) fraud by Bernard Madoff, following the arrest of the prominent Wall Street trader in the US.

Prosecutors and regulators accused the 70-year-old, who was chairman of the Nasdaq Stock Market in the early 1990s, of masterminding a fraud of epic proportions through his investment advisory business, which managed at least one hedge fund.

Madoff’s hundreds of investors included captains of industry, corporations - some of which are publicly traded - that used Madoff almost as a high-yielding cash management account, endowments, universities, foundations and, importantly, many high-profile funds of funds. “It appears that at least US$15 billion of wealth, much of which was concentrated in southern Florida and New York City, has gone to ‘money heaven,’” one person said.

Federal agents arrested Madoff at his apartment after prosecutors said he told senior employees that his money management operations were “all just one big lie” and “basically, a giant Ponzi scheme.”

A Ponzi scheme is an illegal investment vehicle that pays off old investors with money from new ones, and is dependent on a constant stream of new investment. Because the invested capital is not earning a sufficient return on its own, such schemes eventually collapse under their own weight.

Madoff is the founder of Bernard L. Madoff Investment Securities LLC, a market-making firm he launched in 1960. His separate investment advisory business had US$17.1 billion of assets under management.

“I expect to get back zero,” said Floridian Susan Leavitt, who invested through Madoff. “When he tells the feds he has US$200 million to US$300 million left out of billions, what can you expect?”

Prior to Madoff’s arrest, investors had wondered how he was able to generate annual returns in the low double digits in a variety of market environments. Many questioned how US regulators were able to ignore numerous red flags with regard to Madoff’s operations.

Investors overseas were reeling from the alleged fraud. Benedict Hentsch, a Swiss private bank, said it had 56 million Swiss francs (AU$71 million) of exposure to Madoff’s investment advisory business.

Madoff said “there is no innocent explanation” for his activities, and that he “paid investors with money that wasn’t there,” according to the federal complaint.

Prosecutors also accused Madoff of wanting to distribute as much as US$300 million to employees, family members and friends before turning himself in.

Charged with one count of securities fraud, he faces up to 20 years in prison and a US$5 million fine. The US Securities and Exchange Commission filed separate civil charges.

New York-based Aksia LLC, an adviser to hedge fund investors, had previously warned clients not to put their money with Bernard Madoff after learning of “red flags” at his company, including that its books were audited by a three-person accounting firm, Friehling & Horowitz, an auditor operating out of a 13-by-18 foot location in an office park in New York City’s northern suburbs.
Aksia urged clients last year not to invest with Madoff’s firm after learning the identity of the New City, New York-based auditor, according to Jake Walthour, head of advisory services at Aksia. Friehling & Horowitz included one partner in his late 70s who lives in Florida, a secretary, and one active accountant, Aksia said.

“Our judgment was swift given the extensive list of red flags,” Aksia wrote yesterday in a letter to clients.

The copy of the four-page report, dated Dec. 18, 2006, attested that the financial statements of Madoff’s securities firm were “in conformity with accounting principles generally accepted in the United States.”

The financial analysis said Madoff Securities had US$1.3 billion in assets, including US$711 million in marketable securities and US$67 million in US debt. Member’s equity, the firm’s net worth, was US$604 million, according to the document.

Aksia’s Jim Vos said, “I’m shocked by how investors turned a blind eye to returns that were too good to be true, constant steady small positive monthly returns. When something is too good to be true, it probably is.”

Madoff told senior employees that the firm was insolvent and “had been for years,” prosecutors said in a criminal complaint.

Among the other “red flags” cited by Aksia was the “high degree of secrecy” surrounding the trading of the feeder fund accounts, which provided capital to Madoff Securities, and its use of a trading strategy that appeared “remarkably simple,” yet “could not be nearly replicated by our quant analyst.”

The Securities and Exchange Commission had not examined Madoff’s books since he registered the unit with the agency in September 2006. Madoff’s investment advisory business was never inspected by US regulators after he subjected it to oversight two years ago, people familiar with the case said.

Madoff had advised the SEC how to regulate markets and donated regularly to politicians and had told his sons he was operating a long-running Ponzi scheme in the New York-based firm’s business advising rich people, hedge funds and institutions. His ability to avoid detection may fuel debate about the SEC’s effectiveness and the adequacy of its resources for policing money managers.

“Given what the SEC claims is the magnitude of the fraud, this is something you would hope an inspection would have uncovered. It’s hard to imagine a fraud of this alleged size not being accompanied by significant and pervasive compliance problems,” said Mercer Bullard, a University of Mississippi law professor and former mutual-fund attorney at the SEC.

Always remember, in both bull markets and bear markets - a financial education can be your best insurance against schemes such as these.

21st Century Education can assist you on the path to wealth creation in the 21st Century. For further information log on to: www.LearnToBeRich.com.au

21st Century Education have a range of books by Jamie McIntyre available, including:
What I didn’t learn at school but wish I had
What I didn’t learn from my real estate agent but wish I had
What I didn’t learn from my financial planner but wish I had
What I didn’t learn from Google but wish I had
What I didn’t learn from my accountant but wish I had

“How to not only Survive but THRIVE in a Global Credit Crisis”

How to make a fortune in a stock market crash.

Order Your FREE* copy Click Here

*Free To Australia Residents

Learn how you can Thrive in a Global Credit Crisis.

A short 5 Minute clip from the free dvd. If you would like more information or your own copy of the dvd please click on products at the top of the page.

Testimonial from the 4 Day Education For Life Seminar - Melbourne Feb 2008

Testimonial from the 4 Day Education For Life Seminar - Melbourne Feb 2008

Testimonial from the 4 Day Education For Life Seminar - Melbourne Feb 2008

Testimonial from the 4 Day Education For Life Seminar - Melbourne Feb 2008

Testimonial from the 4 Day Education For Life Semainr - Melbourne Feb 2008

Testimonial from the 4 Day Education For Life Seminar - Melbourne February 2008

What is going on in the world, are we heading for depression, recession or just a very volatile time? Who knows, some experts say one thing, and others say the opposite. The thing to be aware of is that even in times like these, there are massive opportunities for those with the knowledge.

Do you remember how Jamie was teaching you how to rent out shares on his Free DVD, and you can earn a monthly income from the market, making a few percent per month on shares?

What if there was a system set up to teach you how to make a daily income from the market, working from home, with handholding support every step of the way?

Can you imagine making a living from home, working just a few hours a day, being able to take time off whenever you choose? Many traders are making $500 to $1000 a day, starting with as little as $2000.

The current market volatility has been great for people trading in the Eminis market. It doesn’t matter which way the market is going, up or down, the more volatility, the better.

If this gets your attention, then have a look at the Eminis trading system by clicking on this link and ordering a Free DVD, or booking into a webinar.

http://www.eminisglobal.com.au/cmd.php?af=685629

You will be amazed at the simplicity of this trading system.

Have a prosperous month

Warm Regards

Keith Mason

LearnToBeRich.com.au

]]> http://www.learntoberich.com.au/knowledge_base/crazy-market-conditions/feed/ http://www.learntoberich.com.au/knowledge_base/homestudy-graduate-testimonial/ http://www.learntoberich.com.au/knowledge_base/homestudy-graduate-testimonial/#comments Wed, 15 Oct 2008 04:37:55 +0000 nelson http://www.learntoberich.com.au/knowledge_base/?p=61

Ian Thomson - Homestudy Graduate Testimonial

In 1937 American born Napoleon Hill (1883-1970), wrote in his landmark book Think and Grow Rich, “Whatever your mind can conceive and believe it can achieve.”

Hill is considered to have influenced more people into success than any other person in history and has been perhaps the most influential man in the area of personal success technique development, primarily through this book. He did not just write about some theory of how to think and grow rich - he wrote from his own numerous experiences and the experiences of America’s most successful people.

Hill was one of the earliest producers of the modern genre of personal-success literature. His most famous work, Think and Grow Rich, is one of the best-selling books of all time. Hill spent 20 years writing this book and interviewed many of the most successful people in the U.S. in the process. Think and Grow Rich was reprinted twice in the year it was first published while the world was still suffering the effects of the great depression and since then has sold more than 7 million copies.

Hill stated in his writings, people are free to believe what they want to believe, and he examined the power of personal beliefs, and the role they play in personal success. The huge sales of Hill’s books prove that the secret of achievement is still highly sought-after as key plank in wealth creation. Using the philosophy of achievement, Hill stated, was the responsibility of every American.

“What the mind of man can conceive and believe, it can achieve” is one of Hill’s hallmark expressions. How achievement actually occurs, and a formula for it that puts success in reach for the average person, were the promise of Hill’s books.

Hill considered freedom, democracy, capitalism, and harmony to be important contributing elements. For without these, Hill demonstrated throughout his writings, personal beliefs are not possible. He contrasted his philosophy with others, and thought achievement was superior and responsible for the success Americans enjoyed for the better part of two centuries. Fear and selfishness had no part to play in his philosophy, and Hill considered them to be the source of failure for unsuccessful people.

The secret of achievement was tantalizingly offered to readers of Think and Grow Rich, and was never named directly as Hill felt discovering it for themselves would provide readers with the most benefit. For according to Hill, 98% of people had no firm beliefs, putting true success firmly out of reach.

Hill’s early career as a reporter helped finance his way through law school. He was given an assignment to write a series of success stories of famous men and his big break came when he was asked to interview steel-magnate Andrew Carnegie.

Carnegie commissioned Hill to interview over 500 millionaires to find a success formula that could be used by the average person. These included names familiar to most Australians such as, Thomas Edison, Alexander Graham Bell, Henry Ford, Charles M. Schwab, Theodore Roosevelt, William Wrigley Jr, John Wanamaker, George Eastman, Woodrow Wilson, William H. Taft, John D. Rockefeller, and F. W. Woolworth.

Hill became an advisor to Andrew Carnegie, and with Carnegie’s help he formulated a philosophy of success, drawing on the thoughts and experience of a multitude of rags-to-riches tycoons. The secret to success is very simple but you will have to read the book to find out what it is! Napleon Hill’s book Think and Grow Rich is not only about making money, it is about a better way to live a rich life.

Napoleon Hill made many interesting observations including these:

•  A goal is a dream with a deadline.

•  Action is the real measure of intelligence.

•  All achievements, all earned riches, have their beginning in an idea.

•  All the breaks you need in life wait within your imagination, Imagination is the workshop of your mind, capable of turning mind energy into accomplishment and wealth.

•  Any idea, plan, or purpose may be placed in the mind through repetition of thought.

•  Before success comes in any man’s life, he’s sure to meet with much temporary defeat and, perhaps some failures. When defeat overtakes a man, the easiest and the most logical thing to do is to quit. That’s exactly what the majority of men do.

•  Big pay and little responsibility are circumstances seldom found together.

•  Cherish your visions and your dreams as they are the children of your soul, the blueprints of your ultimate achievements.

•  Create a definite plan for carrying out your desire and begin at once, whether you ready or not, to put this plan into action.

•  Desire is the starting point of all achievement, not a hope, not a wish, but a keen pulsating desire which transcends everything.

•  Don’t wait. The time will never be just right.

•  Education comes from within; you get it by struggle and effort and thought.

21st Century Education can assist you on the path to wealth creation in the 21st Century. For further information log on to: www.LearnToBeRich.com.au

ASIC’s proceedings name a number of individuals and companies as defendants including, Quentin Ward (director of Axis) a financial adviser and former bankrupt from Perth, Axis International Management Pty Ltd (Axis) and Tim Johnston.

In the same week newspaper headlines screamed, ‘Firepower reveals $16m of creditors’, ‘Firepower chief lived in luxury’, ‘A new cowboy from the wild west’ as allegations emerged of how Tim Johnston, the head of Firepower, was believed to have spent a fortune on expensive furnishings and antiques, and how he regularly flew a prominent Sydney antique dealer to Russia to advise on purchases.

Even worse it has emerged that Firepower investors who pumped more than $60 million into the fuel pill company on the promise of spectacular returns when it was to be listed on the stock market in London, now stand to lose all of their investments.

Investors included diplomats, doctors, accountants, media figures and a number of high profile AFL footballers, including Wayne Carey, who now stand to lose six-figure sums after buying shares in Firepower - at up to 35 times their start-up value. Many bought the shares on the promise of a stunning share market listing in London. Carey, the former North Melbourne and Adelaide Crows star, bought $100,000 worth of Firepower shares, his father Kevin invested $60,000, and the AFL Brownlow medallist Mark Ricciuto $175,000 in two parcels.

The foibles and shortcomings of the financial planning industry are a pet topic of Jamie McIntyre, CEO of 21st Century Education, whose book What I didn’t learn from my financial planner but wish I had, questions why investors even need to deal with a financial planner.

McIntyre says you must understand that most financial planners are not trained at a high level in investing and in most cases they are not successful investors themselves. “If a financial planner is going to show you how to become financially independent, to retire wealthy and to live your dreams one day, then the obvious question to ask them is why haven’t they done it themselves.”

The involvement of the former bankrupt Perth financial adviser Quentin Ward, in selling Firepower shares, a company who did not comply with financial regulations and who did not bother issuing a prospectus, highlights the poor ethics in some sections of the financial planning industry according to McIntyre

The original entity that Firepower incorporated in the British Virgin Islands had an authorised capital of a billion shares at US1 cent a share, but footballers later paid 35 cents a share, Federal Court documents show. Others paid as much as $1.40.

For eighteen months prior to this the Sydney Morning Herald ran a series of articles that raised questions and drew attention to the dealings of Firepower. Firepower took the trouble to sue the Herald for defamation but lost the case and had costs awarded against them, which the Herald will never recover.

Firepower was the biggest sporting sponsor in the country and Johnston bought the Sydney Kings basketball team, which has since gone into liquidation with a claim of $265,073 against Johnston. It’s sponsorship of high profile sporting clubs included the South Sydney Rabbitohs rugby league team, the Western Force Super 14 club (now owed $55,000) and its top-line players Cameron Shepherd ($27,500), Ryan Cross ($41,250) and Scott Staniforth ($13,750)

Other sponsorships included the boxer Paul Briggs, who used to fight under the moniker ‘Firepower’ Briggs is now owed $55,000; Tongan Rugby Union ($71,019); Nedlands Rugby Union ($45,000); Russian Rugby Union ($251,294); Tasman Rugby Union ($76,800); and Tasman Motor Sport ($175,000).

ASIC alleges that these individuals and companies were associated with Firepower BVI, a company registered in the British Virgin Islands, raised funds from investors in Australia in breach of the Corporations Act (the Act). ASIC alleges a prospectus or disclosure document was not provided to investors as is required under the Act so investors or their professional advisers have all the information they need to reasonably make an informed investment decision about the company and its shares.

The commencement of proceedings follows an ASIC investigation into the sale of over 80 million shares in Firepower BVI (by persons and companies associated with it) to approximately 1400 Australian investors from mid 2005. These investors collectively paid in the order of $60 million for the shares.

ASIC commenced its investigation in March 2007, prompted by inquiries it made in the latter part of 2006 and early 2007. In May 2007, Firepower parties (Firepower Operations Pty Ltd, Firepower Holdings Pty Ltd, Timothy Johnston and Firepower CEO, John Finnin), challenged ASIC’s section 30 notices that had been served.

ASIC allegations include, a charge that Axis and Ward (the sole director of that company) acted as intermediaries and unlawfully distributed application forms to Australian retail investors for the sale of nearly two million shares in Firepower BVI for a total price of more than $1 million without the necessary disclosure document.

ASIC is seeking the following orders from the Court:
•  Declarations that the conduct of the defendants contravened the Corporations Act.
•  Orders banning Johnston and Ward from managing a company in Australia.
•  Additional disclosure to investors so that investors can assess any rights they may have to redeem their money or to pursue other compensation actions which may be open to them.

ASIC will assess potential claims for compensation for investors as part of these proceedings or fresh proceedings. ASIC’s investigation is continuing in relation to Firepower BVI.

The Australian Securities and Investments Commission was warned the fuel technology company Firepower “may in fact be a scam” more than six months before it became a public issue, but it chose not to investigate.

This allegation was raised in the ABC TV program Four Corners, in which John Finnin, the former CEO of Firepower also criticised the Australian Trade Commission, or Austrade, for its part in promoting and supporting the company. John Finnin, who was a former senior trade official before joining Firepower, said almost $100 million was raised from investors, but when he had worked for the company he could only account for about $30 million “at best”.
Finnin said many of Firepower’s alleged multimillion-dollar deals were never concluded, including a huge contract with Russian railways that was repeatedly presented to shareholders as a certainty.

“We’re talking about contracts across dozens of countries that we claimed to have: Pakistan, Romania, Germany, Russia. We were claiming to have contracts which we didn’t have,” Finnin said.

“They made further claims that … they had supplied the Australian and New Zealand military [with products], which of course was incorrect.”

Finnin said the support Firepower had received from Austrade gave it a layer of credibility it should never have been afforded. “They were able to say they were being supported by the Australian Government, which in essence they were,” he said.

Former Firepower CEO, John Finnin, was previously a senior Australian trade official, who was dumped from his highly paid Firepower job in August 2007 after a court heard he might be charged with child-sex offences. Finnin told a Melbourne magistrate that he denied the allegations, which were revealed when he applied for the return of computers and associated equipment seized by police under a search warrant in May 2007. The father of four said in evidence that the company paid him $500,000 a year, which allowed him to drive a Maserati Quattroporte that he leased for $5000 a month.

Finnin was once linked to the Jordanian trucking company Alia, which was central to the AWB scandal. He resigned as Austrade’s director for Europe, the Middle East and Africa in June 2006 to become CEO of Firepower.

Four Corners reported that an accountant whose client was offered shares in Firepower made a complaint to the Australian Securities and Investments Commission in May 2006 alleging it could be a scam. The commission said it was “taking no further action at this time”.

The complaint was made at the height of investment euphoria in Firepower and at a time when the company was on its way to being the biggest sporting sponsor in the country.

Firepower chairman, Tim Johnston, is thought to be in Britain after refusing to return to Australia to answer questions from authorities over the demise of the Sydney Kings basketball team.
ASIC is also seeking to have Johnston and the former bankrupt Perth financial adviser Quentin Ward banned from managing future companies in Australia.

Note: Jamie McIntyre is currently authorised to provide general advice and dealing services in Derivatives, Deposit Products, Managed Investments and Securities (ASIC No. 321 315).

Financial coaching is a value added service and is about empowerment motivation and education rather then just relying on often flawed advice from a financial planner who is entirely dependent on commissions.

21st Century Education provides financial coaching and has more than 25 contracted financial educators and turned over $30million in the last financial year and is on track to be a $50million business this year.

21st Century Education Chairman and founder Jamie Mcintyre says the government has told people for years that there won’t be a pension to rely on in retirement. “You need to become a self-funded retiree. This means everyone has to become an investor, yet no one was taught about financial education and self empowerment at school.”

According to McIntyre even ASIC (Australian Securities and Investments Commission) asks the wrong question. “How do we get more people to see a financial planner?”

The correct question according to Mcintyre should be, “How do we get more Australians to be empowered to take charge of their financial future?”

There is this huge demand for people to be financially educated and empowered and unfortunately financial planners have so far failed to fill this gap McIntyre says. In the near future he is confident financial coaches and financial educators will be utilising self empowerment strategies that take more and more of the traditional financial planning business slice unless financial planners shift to the provision of more education and empowerment, rather then just commission based advice and selling managed funds.

Consumers want more than that McIntyre said when he explained why he founded 21st Century Education, a personal services and financial group that employs nearly 100 people and has doubled in size in the last year. The reason for founding his successful 21st Century Education business, McIntyre said, was to provide a financial education to people who should have received that education as part of their schooling.

It is also why he wrote his first book What I didn’t learn at school but wish I had, which has been distributed to over 250,000 Australians. To assist with his goal of a financial education for all Australians, McIntyre gives this book away for free on his company website www.21stcenturyacademy.com despite it selling in bookstores for $35.

McIntyre became a self made millionaire by getting a financial education many years ago and said he doesn’t need the book royalties and has just committed to donating up to $1million worth of copies of his books to be given away over the next 5 years to assist in providing an education he strongly believes we all should have received at school.

One of Jamie McIntyre’s greatest passions has been to create an educational system that is designed for the 21st Century as opposed to an outdated education most of us received at school so we can create an extraordinary quality of life that most people only dream about.

McIntyre believes people’s dreams can come true, just like they did for him, once he learnt the information he shares in his book, What I didn’t learn from my financial planner but wish I had This book provides an education for life and explains what it takes to create the necessary financial abundance to have an extraordinary quality of life.

McIntyre is appalled that superannuation nest eggs have taken a hit after funds recorded their worst annual return since 1987 of minus 6 per cent. The higher cost of living has also forced more workers to curb their voluntary contributions, leading super experts to warn these people now risk missing out on any upswing in returns when the sharemarket recovers.

In early July 2008, figures from the independent research company SuperRatings revealed returns on the median balanced super fund shrank by 6 percent over the year. On a typical balance of $50,000, this represents a $3000 hit, not including contributions made during the year.

The Federal Government is expected to come under renewed pressure to ensure the adequacy of retirement savings, with several members of its super advisory panel stating this should be the highest priority.

Note: Jamie McIntyre is currently authorised to provide general advice and dealing services in Derivatives, Deposit Products, Managed Investments and Securities (ASIC No. 321 315).

He says due to the massive labour shortage and with immigration levels hitting their peaks the acute shortage in housing will force another upward spike in property prices in coming years.

Mcintyre comments are backed up by article in the Australian Financial Review (AFR) on 25 June 2008 which reported competition for housing among aspiring home buyers and tenants is set to intensify, with a big influx of skilled migrants helping drive the most rapid population growth since 1988 and exacerbating the Australia’s shortage of homes.

Official figures show the Australian population climbed by almost 332,000 people in 2007 to 21.18 million, with more than half of that growth (185,000) attributed to net migration.

Federal government plans to boost the immigration intake by 37,500 to 190,300 in the next financial year have prompted warnings of the rising population increasing the pressure on housing at a time of rocketing rents and low affordability.

Population gain, along with improving productivity, is an important engine of economic growth and also fuels demand and increases the pressure on resources and infrastructure, including the supply of housing.

The AFR reported the nation’s spurt is coming as high interest rates, low affordability and modest returns help stifle the construction of new housing. Dwelling starts were down by 3.3 percent in the March quarter and weak finance and approvals indicate activity will stay flat.

One industry spokesperson claimed a shortfall of 31,000 homes in the number currently being built on an annual basis. He also stated tenants and aspiring home buyers faced an increasingly tough market as any acceleration in the pace of building construction was some time away. Tenants in Sydney face particularly tight conditions with rent costs expected to accelerate by 10 percent annually over the next two years with early relief being unlikely even if interest rates eased and affordability increased as the construction of apartments typically involves an 18 month cycle. This means it could be three years or more before significant inroads are made into accumulated demand.

A second industry spokesperson says the looming boost to migration, though welcome by employers struggling to find the workers they need, will exacerbate the pressure on housing. “If we are heading for 200,000 plus in net migration, then the undersupply in housing will be at its most acute since the 1970s and it is very hard to escape it.

The strong growth in labour supply will help alleviate labour shortages, however the housing shortage is approaching extreme levels worthy of a more activist approach by policymakers.”

The Howard government introduced measures such as the First Home Buyers’ Grant. This meant that more individuals had the money to buy, and so many left the rental market to become owner-occupiers. This reduced the demand for rental properties and so rents remained low.

The increased demand to buy and the limited supply of homes led to residential property prices dramatically increasing. But now, property prices have reached a critical level, where individuals even with the help of banks and the first home buyers grant, can’t afford to buy.

With many individuals being priced out of the market, they are now forced to rent. This combined with record immigration and the city living becoming even more desired has led to rents dramatically increasing.

In order to benefit from the next property boom, become an expert in the suburbs that are going to grow in value first. Get to know those areas so you can pick the bargains in those suburbs near the city, near the water or in the more affluent, the more desirable suburbs. If you buy a good property in those areas you are likely to achieve excellent capital growth in the next 5-10 years.

Then over the next few years the suburbs one ring further out will start to make good investment sense. It is only near the end of the cycle that the outer suburbs, those that have traditionally been first home owner areas get good capital growth.

For investors this is all good news. Will we see another property boom within the next 3 years? At 21st Century Property Direct we believe we will experience a another spike in property prices within 3 years.

About 50,000 Australians are estimated to have lost a combined $2.7 billion after a string of disasters in which financial planners were a key distribution channel. These disasters include Westpoint, Centro Properties Group, MFS (now renamed Octaviar) and margin lenders Opes Prime and Lift Capital.

Financial planners can take at least some of the blame for some of these recent huge financial disasters that have left thousands of people with losses of millions of dollars, in many cases their hard earned retirement savings.

In June 2008 it was announced that a dedicated financial advice team within ASIC (Australian Securities and Investments Commission will seek to increase competition among financial planners and overhaul their disclosure of fees, risks and relationships that may create conflicts of interest.

ASIC is currently suing eight financial planning firms who recommended Westpoint ‘promissory notes’ with around 4,300 investors standing to lose $320 million. Westpoint paid commissions of 10 percent and more to advisors recommending its ‘promissory notes’ offering 12 percent per annum, paid monthly. Planners from some of the countries biggest firms flocked in. Almost 400 complaints have been lodged with FICS against planners chasing high commissions who missold Westpoint products. By April 30, 2008, planners have been found guilty in 70 panel hearings.

Centro Properties operates shopping centres all over Australia and in some other countries as well as managing property funds. 15,000 investors in two of their unlisted funds have had redemptions frozen on $3.7 billion of investments.

Opes Prime and Lift Capital were margin lenders who collapsed in the wake of the credit crunch. 2,800 investors are $820 million out of pocket in their dealings with these two companies. Financial planners who recommended these companies received free or discounted loans.

Anyone living on or near the Gold Coast was impressed by the rapid rise of MFS and the wonderful publicity it received in the local and even national business press. Local television even broadcast footage of their Annual General Meeting chaired by former politician and ambassador Andrew Peacock.

In January 2008 MFS lost 70 percent of its capitalisation in a few hours when it was revealed they needed to borrow $500 million to repay a loan. MFS was also behind a $1 billion New Zealand financial planning firm that poured tens of millions of dollars of investors money into three high-risk investment companies that collapsed in the last six months of 2007.

As Crikey.com reported in late January 2008, “…the real calamity comes from the complete destruction of value in the traditional MFS financial services business. A financial institution simply cannot close the doors on withdrawals and survive, as MFS did yesterday to the 10,000 investors in its $770 million Premium Income Fund. And why did those 10,000 investors back MFS? Because it paid huge commissions to their financial planners.

“At its core, MFS demonstrates the huge flaws and conflicts in Australia’s financial planning industry. The majority of its directors were Gold Coast lawyers and financial planners who are now getting blown away in margin calls after clearly not following standard advice about risk management and diversification.”

Financial planners are one of the most complained about industries in Australia and in 2007 the Financial Planning Association received investigated complaints against 130 of its members.

Around 85 percent of financial planners are aligned to or employed by a bank or large financial institution. Financial planners receive a range of commissions (often unstated, which is a major and ongoing issue) including an up-front fee, which is known to be even more than 10 percent in some instances. They also receive a trailing commission and a in some cases a volume rebate as well as in-kind benefits such as shelf-space fees and discounted loans.

McIntyre says you must understand that most financial planners are not trained at a high level in investing and in most cases they are not successful investors themselves. “If a financial planner is going to show you how to become financially independent, to retire wealthy and to live your dreams one day, then the obvious question to ask them is why haven’t they done it themselves.”

Investors are now realizing the high price they are paying or have paid in the past for often worthless advice as the appeal of dealing with financial planners wears thin and the spotlight turns on their fees.

Note: Jamie McIntyre is currently authorised to provide general advice and dealing services in Derivatives, Deposit Products, Managed Investments and Securities (ASIC No. 321 315).

In Australia, the 2008 BRW Rich 200 List identified 38 people as billionaires. The fortunes of these people come from diverse business interests including mining, property, shopping centres, technology, finance, retailing, textiles and clothing, media (television newspapers, magazines) hotels, gambling, liquid ammonia production, cardboard cartons, transport and health care.

Some of the advice from these billionaires for creating and keeping their fortunes is to remain married, work for yourself, spend wisely, invest in shares and property and gain work experience overseas.

For people with an interest in astrology you will be interested to learn that six of the 38 billionaires on the list were Aquarians, more than any other star sign, with total wealth of around $12 billion. For mere millionaires Leo is the dominant star sign followed by Sagittarius with Taurus being the least successful.

Billionaire iron ore miner Andrew Forrest, Australia’s richest person, faced and overcame a range of setbacks before he became successful as the CEO of a company with a market capitalisation of only $3 million at start up. In 2003 when China’s ruling party stated it wanted to quadruple the country’s economy in the next 15 years, he identified an opportunity and punted on the demand for iron ore exploding and became a billionaire in the process. As with many other ideas that went on to create billionaires, Australian institutions initially refused to back the company.

Many readers will have lived in a Meriton apartment at some stage, the creation of billionaire Harry Triguboff, who immigrated to Australia from China as a 14-year old with his Russian parents. Triguboff attributes a large slice of his success to building in inner-city locations. “Why would you want to go anywhere but a few good areas?” he asks.

Probably every single person in Australia has spent some time at a Westfield shopping centre, the brainchild of billionaire Fank Lowy who arrived in Australia in 1952 at the age of 21 with only seven years of formal education and no material possessions after suffering the ravages of war in German-occupied Hungary.

Lowy is regarded as Australia’s most successful immigrant and attributes part of his success to having a secure family base. His success story is well known from a delicatessen in Blacktown in what was then Sydney’s outer-west, then buying surrounding farmland and creating housing estates and then modeling another builder by building a shopping centre in 1959. Westfield floated on the stock exchange in 1960 and today Westfield has more than 100 shopping centres in Australia and the U.S. Financial engineering has been an important part of Lowy’s success and he also admits to his intuition being his driver. “If I have a bad feeling about something, it has to go away before I can progress.” Technology is important to Lowy and he was one of the first to acquire a fax machine in the early 1980’s. To maximize the use of his time Lowy always travels with a laptop and his BlackBerry on his corporate jet.

U.S. billionaire Warren Buffett, the ‘Sage of Omaha’, is generally considered to be the world’s most successful investor. His investment vehicle, Berkshire Hathaway, is legendary. In the last 40 years, Buffett has increased the book value of the company by 286,865 per cent. Buffett has made some brilliant moves in his career, such as turning a $1 billion investment in Wells Fargo into $4 billion; making 500% profits on a massive investment in Geico and - in one of his best known and most talked about plays - turning $1 billion into $8 billion with Coca-Cola. Buffett is famous for droll quotes such as “I got interested (in business) when I was seven or thereabouts. I wasted my time before that. Buy businesses that an idiot could run, because one day one will. We really want to buy from someone who doesn’t want to sell. Investors should be fearful when others are greedy and greedy when others are fearful.”

According to respected U.S. business magazine, Forbes, while there are numerous business school courses, self-help books and magazine articles devoted to analysing a billionaire’s investment strategy or entrepreneurial skills, few, if any, pay close attention to their personality traits. Forbes claims it has been observing billionaires for more than 20 years and says it has detected very pronounced similarities among the majority of billionaires which can roughly be categorised as: A. Master of the Universe; B. All Business; C. Sports Fan; D. Geek; E. Old Money.

It seems there is no common model to emulate and become a billionaire when comparing the success stories of billionaires world wide - every billionaire has had a unique route to success. Some had to face terrible tragedies and hardship, which would have destroyed many other human beings. Others did not have these hurdles to overcome but all of them had to work really hard. All of them had to integrate aspects of themselves, which could be called the ‘dark side’ or ‘the shadow’ as psychologist Carl Gustav Jung called it, into their personality and function convincingly among other human beings. The greatest effort people invest in order to become successful is with their own selves.

Self-management is the most difficult part of management skills needed to become a billionaire. Along with this skill for self-management, there are however, four additional common factors in all billionaire life stories. They all had a burning desire to be successful, and they relentlessly pursued their goals without losing faith in themselves.

Secondly, each one of them had an inner conviction. They saw themselves as successful in their mind’s eye and did not give up in spite of all difficulties. This ability to first visualise success and maintain this vision seems to be a key component for success in all fields.

Thirdly, they all took major risks in thinking out of the box and acting consistently. Lastly, they all understood the value of networking and engaging other gifted people.

In Australia the road to mega-riches is paved in rust-red iron ore. The 10 richest investors in Australia’s red-hot mining sector boast a combined net worth exceeding $15 billion, according to a magazine survey. The second-largest category for wealthy mining investors was coal, which is one of Australia’s top two exports, along with iron ore.

While Australia may be a great place to move from being poor to being middle class, places like India and China will be the best places in the world to come up with transformative business ideas that can catapult people into billionaire status. Early in the 21st century, technology and the Internet fueled much of the wealth to create new billionaires. Recently in the US finance created 27 fortunes, real estate was the source of 16 and food and beverages created 12.

However, a good trend is that worldwide most billionaires are still self-made. That means people coming from humble beginnings around the world have the economic freedom to leap into the billionaires’ club in a single generation.

You don’t have to come up with the next Windows or Google or Facebook to be a billionaire. You can also do it being a supplier of potatoes to McDonald’s as one man did in the U.S. Although Google is a lot more exciting to write about and learn about, you can also come up with a better business model for providing cola companies with sweetener or figure out how to become a dominant supplier of asphalt in Victoria. Don’t think that the road to riches is hidden solely in these old business models.

I can do it. The first million may be the hardest. But the simple fact is Google founders Larry Page and Sergey Brin - did not have any more hours in their day than you, or the ability to shoot laser beams with their eyes, or help from alien beings. They made their wealth in a single lifetime using the same 24-hour days you have. If you want to do it, and become a billionaire there is no reason why you can’t.

Some final advice for those wishing to achieve billionaire status. At some stage every billionaire has had to add more value in order to create wealth. One way to do that is by developing your financial education skills. These skills are. The ability to think creatively and solve problems. The ability to communicate more effectively. The ability to market an idea or concept and bring that idea to reality and commercial viability. The ability to negotiate.

Jamie McIntyre , the founder of 21st Century Education, is setting big goals for himself and last year he set a goal to become a billionaire by the time he is forty. That’s in 10 years in case you were wondering.

It is not that becoming a billionaire for material means or lifestyle is what made Jamie set himself this challenge, but more so that he knows that money can be a powerful tool to serve and he knows the influence that being a billionaire can bring to creating positive change in this country.

For Jamie setting this goal came about when he personally met a billionaire some 18 months ago. He was asked by the billionaire how long it would take to become a billionaire using his current wealth strategy.

As Jamie had never seriously considered that as a goal his response was at least 30 or more years if ever. The billionaire asked Jamie “why not in 3 years?”

If the guy wasn’t already a billionaire then Jamie would have said you’re “on drugs or deluded” but the fact that this guy had become a self made billionaire within less than 10 years made Jamie take him seriously. And that day a seed was planted.

Since then Jamie has had several billionaires come into his life where he has personally had the chance to sit down with them for personal chats including one very famous one, Sir Richard Branson of Virgin fame as well as an Australian who just became one of our latest billionaires in the space of a few short years.

Jamie was recently invited to meet and speak alongside another famous billionaire - Donald Trump - to share what it takes to develop the Mindset of a Millionaire.

Jamie McIntyre is renowned for his ability to present things in down to earth simplistic language so the average person can understand and implement with ease, but until now has been reluctant to teach others the actual mechanics and strategies to become a billionaire that he has learnt first hand from meeting billionaires as he thought it too advanced for the average person to be able to replicate and apply any lessons from.

But recently this has changed as he now has figured out how an average person could actually replicate the same strategy to make a lot of money.

Of course for most people, not a billion dollars and for many not even a million dollars but certainly for many several hundred thousand dollars in assets up to several million with virtually no outlay.

Already one of his 21st Century Homestudy Members has used the exact same strategy many billionaires use to make $27 million dollars. Another business partner of Jamie’s used the same strategies to make $60 million dollars - all within the space of a few years.

For details of Jamie’s leading billionaire strategies

www.LearnToBeRich.com.au

Jamie has a burning desire to provide a financial education - a modern day education for life, to every Australian while they are attending school and he asks, “Why are people not receiving this financial education while at school?”

“Nowhere in our school life are we taught how to have money work for us. Isn’t it interesting?” Jamie informs us. “In other words, we are taught only one part of the equation and not the other. The basic concept of how to have money work for us could be taught to 10 year olds at primary school in probably a one-hour session.”

According to Jamie a financial education is vital for success in life and the real world. In his best-selling book What I didn’t learn at school but wish I had, which has had numerous reprints, Jamie outlines a broad range of strategies which people can utilise to improve their lives immensely.

Some of the fascinating information and strategies outlined in this book, which Jamie says you should have been taught at school, but were not, includes how to develop the mindset of a millionaire and think like a winner, why most people fail, the history of money and the systems controlling it, how to rewire your subconscious mind for financial success, how to generate instant cash flow, even if you have little money to start with and how smart investors earn $35,000 per year from investment property - tax free

Of special interest are the four key skills Jamie details “that you must master to succeed in the 21st century and how others have used these skills to earn over $100,000 p.a.” Jamie also tells us how smart investors are replacing their income in 90 to 180 days or less by using a unique renting strategy and eight ways investors can raise money to start investing immediately, even if you have no money.

In this book we learn in detail that these four skills of a 21st century education are, the ability to think creatively and solve problems, the ability to communicate more effectively, the ability to market an idea or concept to bring it to reality and the ability to negotiate.

Jamie invites readers to work through his best-selling book, What I didn’t learn at school but wish I had, step-by-step in order to create and redesign their life, with an emphasis on improving financial results until readers produce the results they ultimately desire.

To accomplish these objectives outlined in his book, Jamie believes it is important to spend time on developing a solid foundation of understanding the big picture of money and how to change your thinking to be more effective at implementing the exciting strategies in his book.

Jamie is positive proof that the strategies he offers in this book really work. He went from sleeping on a friend’s couch with $150,000 in personal debt, no job, no income, no assets, not even $20 left in his wallet and virtually bankrupt, to becoming a self-made millionaire in a little under four years and creating an extraordinary quality of life for himself and others by using these very same strategies.

Jamie’s belief is that if you are not just curious, but committed to excelling in your life in the 21st century, then what you will find in this book will be a real gift to you from someone who cares about helping others achieve similar things and you can join the thousands of others who are applying these strategies and improving their lives immensely.

“For most Australians the way they try to obtain lifestyle is to take their time, which we all have 24 hours of in a day, then they try to sell that time in exchange for some money. They think the name of the game is to sell that time for as much as they can per hour or per week. The challenge is that because we need both time and money to have lifestyle, we often sacrifice our time for money” Jamie writes.

“There are many people that become millionaires but still lack time and money. In other words, they need to keep on working. They become what we call asset rich and cash flow poor. You probably know some people like that - maybe even intimately. Becoming asset rich and cash flow poor is really not the idea. Having money stuck away that cannot be used is pointless. There are many people who die with it and there is not a lot of lifestyle in that. Sadly, the percentage of people that actually have the quality of life they would really like is very small.”

“If only I had learnt this education at school, how much easier life would have been for me and no doubt many others. My dream is this type of education will soon be available in all American and Australian high schools, especially if I get my way” Jamie concludes.

What I didn’t learn from my financial planner, but wish I had, is a unique and valuable guide for anybody interested in wealth creation strategies - but don’t tell your financial planner about the information you will learn in this book!

The quality of advice, conduct, ethics, honesty, integrity and behaviour of financial planners is often open to question. In this book best-selling author Jamie McIntyre takes the financial planning industry to task by detailing numerous serious cases of malpractice, fraud and abuse and the loose definition of ‘fee-only’ used by financial planners.

Following the runaway success of his previous books Jamie has written another major title of around 300 pages - What I didn’t learn from my financial planner, but wish I had - in the 21st Century Education series and addresses issues involving an education for life and what it takes to create the necessary financial abundance to have an extraordinary quality of life without using a financial planner.

Jamie asks, “What is the difference between the people who succeed and those who don’t? Is it a matter of luck that some people acquire great wealth? Perhaps these people buy more lotto tickets, they marry into money or inherit it. Or is there a little bit more to it than that?”

According to Jamie, one of the secrets of financial independence is learning to develop the mindset of a millionaire and applying the newest and most exciting financial strategies available in the world today.

Jamie believes the financial planning industry has been profiteering and taking advantage of people due to their ignorance around financial planning and money for far too long, so Jamie wrote this book with the intention of enabling as many people as possible to learn and develop the skills required to become financially successful.

Who is going to look after your money the best? Do I really need a financial planner? Why is it dangerous to take advice from a financial planner? Can I be my own financial planner? Why is it that your financial planner and the financial planning industry do not educate their clients on how to become rich? Why is it that most people who live in a rich country are not rich? Is there is a short cut to success? How much money goes through your hands? Will you finish up dead or dead broke?

Jamie provides the answers to these questions and many more in this book which is all about helping people discover the strategies and secrets that could transform them into one of the 5 percent of the wealthiest people in Australia and the world. Instead of relying on advice from commission driven financial planners Jamie offers countless tips and strategies for wealth creation and details many of the secrets to his own success in this book including the importance of having a millionaire mentor and how to develop a millionaire mindset.

Jamie asks readers to look at where they are currently in their life and explains the importance of having realistic expectations about investing. He explains that a lot of people are looking to change their lives and that most of us are so caught up with making a living that we forget to live.

In simple language Jamie gives eight steps to start you on the path to becoming a Millionaire with a look at banks, the share market, property, conventional businesses, using other people’s money (O.P.M.), using equity, superannuation, a fascinating look at making money out of thin air, renovations, creating cash-flow through share renting and a case study detailing how one Australian businessman made around $1 billion with OPM (Other Peoples Money).

In 12 wide-ranging chapters Jamie offers in-depth and hard-earned practical advice to help people discover the strategies and secrets that could transform them into one of the 5 percent of the wealthiest people in Australia and the world. In one chapter Jamie details the mindset and some characteristics of a millionaire and what it is that makes a millionaire; there is even a millionaire quiz to try your hand at.

If you want to be truly rich, become an entrepreneur, Jamie asserts in another chapter with detailed and fascinating case studies about a number of famous entrepreneurs.

In another chapter Jamie looks at share market strategies that your financial planner will not teach you, including share market strategies, channelling, leverage, insuring, the way down strategy, the way up and down strategy, share renting for cash-flow and a summary of instant cash-flow strategies.

The chapter titled “How to become a property millionaire” where Jamie explains fast track property strategies to make money while you sleep, property organising principles, how to obtain 100 percent finance, interest only or P∓I (Principle and Interest) loans and how to profit from Rates Default properties will be of interest to many people. There is even a 21-point checklist for property investors.

The Internet is the real estate opportunity of the 21st century Jamie says and he backs up this statement with wide-ranging and practical Internet strategies with tips on how to profit from the Internet and to treat the Internet as an investment strategy and practical advice on setting up your Internet business.

Since starting 12 years ago, Jamie McIntyre took less than 5 years to become a self-made millionaire. In the last 8 years as an educator and success coach, Jamie has touched the lives of around 250,000 Australians and New Zealanders and recently people world-wide in over 16 countries, transforming peoples’ fulfilment as well as producing many millionaires in the process and helping many people retire early.

This has given Jamie even more insight into what it takes to make it, not just financially in the industry, but also how to make your life emotionally rewarding and fulfilling.

“Education is the solution to most problems especially financial ones and this book is an educator to inspire you to take charge of your financial future and never have to rely on commission driven real financial planners ever again” according to Jamie. Jamie says that this book was also an opportunity to keep his promises to one of his earliest mentors, that was, in return for this knowledge, that once Jamie had successfully applied it to his life, he would then share it with others to pass it on.

With the very same knowledge Jamie shares this book, he was able to produce incredible results, such as making millions of dollars with real estate in his twenties. He was also able to generate significant monthly cash flows with the share market to create multi-million dollar businesses, starting from below zero 12 years ago.

Jamie made millions of dollars from the Internet as well, even though, like many of us, he did not know anything about any of the wealth creation strategies detailed in this book when he first started.

Note: Jamie McIntyre is currently authorised to provide general advice and dealing services in Derivatives, Deposit Products, Managed Investments and Securities (ASIC No. 321 315).

Says self made millionaire and educator Jamie McIntyre

If you are not a self-made millionaire yet then here is some good news,says self-made millionaire and educator Jamie McIntyre. The latest statistics released and reported in the Australian Financial Review on 26 June 2008 highlight the number of wealthy Australians surging by 11,000 in 2007 to a total of 172,000.

Despite souring economic conditions rich people across the world managed to overcome these conditions and add to their wealth.

Even with the disruption in global markets, Australia continues to hold it’s number 10 ranking out of 71 countries. Steady growth in the domestic economy and the strong demand from Asia for our commodities continues to drive our wealth creation as the number of wealthy in Australia continues to grow at above average rates.

Australia’s growth rate of 7.1 percent in the number of wealthy Australians means our growth rate is faster than that of many other countries.

India with a 22.7 rise in wealthy to 123,000 and China with a rise of 20.3 percent to 415,000 were two of the countries that did manage to outpace Australia.

The annual World Wealth Report classifies wealthy Australians as those having net assets of at least US$1 million excluding their primary residence and consumables.

A Macquarie Private Bank spokesperson said he was not surprised by the report. “Most ultra-wealthy (those with more than US$30 million) in the Asia-Pacific region usually had limited exposure to equity markets and tended to hold 50 to 70 percent of their assets in cash. They are making their wealth in their own business. Most rich people are astute market investors and saw depressed market conditions as an opportunity to buy.”

Naked short selling will be banned on the Australian stock exchange next week to help curb excessive market volatility.

Short selling, where traders seek to profit by selling borrowed shares of companies to then buy them back, in the anticipation their prices will drop, has been partly blamed for the sharp falls of stocks such as Macquarie Group Ltd in recent days.

A form of the practice, known as naked short selling, involves selling without first borrowing the stock, or even ensuring they can be borrowed.

The Australian Securities Exchange (ASX) said today it would remove all securities from its list of stocks approved for naked short selling from Monday.

“The removal will remain in force until further notice,” the ASX statement said.

“It will be reviewed when the government’s foreshadowed legislative amendments to the reporting of covered short selling activity take effect.”

Treasurer Wayne Swan and Corporate Law Minister Nick Sherry welcomed the move.

“Australia has a world-class regulatory system and this action today will help ensure ongoing confidence in the operation of Australia’s financial markets,” Mr Swan said in a statement.

“This action shows that our regulatory system is working well in responding to challenging global circumstances.”

Senator Sherry said he was concerned by attempts to manipulate markets through the use of short-selling.

“As previously announced, the government will be introducing legislation to strengthen disclosure of covered short-selling into the parliament very shortly,” he said.

The US Securities and Exchange Commission (SEC) said overnight it was considering temporarily banning naked short selling there.

Earlier today, Australian Securities and Investment Commission (ASIC) deputy chairman Jeremy Cooper told a House of Representatives economics committee hearing in Sydney investors could only make naked short sales if they were on “an approved list maintained by the ASX”.

“The government’s indicated that it’s considering new disclosure obligation regarding covered short selling.”

Mr Cooper said ASIC would provide whatever advice the government needed in considering new regulations.

When asked whether existing rules were adequate, Mr Cooper declined to comment as it was a policy question.

In March, ASIC and the ASX reminded investors of their disclosure obligations when short selling stock.

ASIC also said it was concerned some individuals were spreading false and misleading information about listed companies to provoke sales of securities.

On the Australian sharemarket today, Investment bank Macquarie Group jumped $9.85, or 37.81 per cent, to $35.90.

The stock has recovered most of the value it lost during the week, having slumped 38 per cent by yesterday’s close.

E.L. & C. Baillieu director, Richard Morrow, said today’s gains in the market were most likely the result of short-covering amongst investors following the surge on US indices.

Short covering is where investors buy the shares at a higher price than they sold them to cover positions that have gone the wrong way.

“It smells of some very, very heavy short-covering, especially in the finance sector, specifically in Macquarie Group,” Mr Morrow said.

In the US, SEC Chairman Christopher Cox, Treasury Secretary Paulson and Federal Reserve Chairman Ben Bernanke held a closed-door meeting tonight with members of congress.

The ban, if enacted by the SEC, may well be unprecedented and a reflection of regulators’ concern about the widening scope of the financial crisis.

http://www.wabusinessnews.com.au/en-story/1/66638/Naked-short-selling-banned-on-ASX

Short selling has been restricted accross the world. But is short selling a legetimate financial tool?

Hear what professor Sinclair Davidson has to say.

http://www.abc.net.au/rn/counterpoint/stories/2008/2370800.htm

You make money in real estate when you buy, not when you sell. The essence of good property investment is buying well.

That’s why I’ve become a buyer since the market and the mood of the public turned south. The current economic and real estate climate is, for me, the ideal circumstance to secure the real estate which will grow my financial security in the future.

Fortunately for me, everyone else seems to be doing the opposite. There’s been a stampede in the wrong direction and I’m happy to be running against the herd. I seem to have the whole territory to myself.

For reasons I’ve never understood, most people seek to create wealth by doing what the masses are doing. They wait until a market is booming before buying. They follow the pack into the frenetic market and buy at or near the peak. No one ever secured their future behaving like this.

One of the oldest maxims in wealth creation is that you buy when everyone is selling and sell when everyone is buying. If there’s a common denominator among the histories of people who have made serious money, it’s that they detached themselves from the herd and moved independently, often counter-cyclically. They did the opposite of the masses.

Most people, however, like the comfort of the herd, even when it’s stampeding towards a precipice. When the market goes cold, buyers go into hibernation. And, inexplicably, home owners suddenly want to become sellers.

The number of homes listed for sale in Perth has trebled since the WA property boom ended. Listings have risen in Brisbane and elsewhere since the market went pear-shaped. People who bought in the boom want to be sellers in a declining market. It baffles me.

I want to be a buyer now because the heat is gone from the market, there’s no competition for the properties that interest me and I can negotiate from a position of strength. I know interest rates have risen but I also know that rental markets are tight and rental increases are compensating for higher borrowing costs. I also know that every time interest rates rise, the balance of power tips more in favour of investors - the outcome is fewer home owners and more renters. And, with too few homes being built, the already-serious housing shortage will continue to push up rents

People too easily allow themselves to be affected by negative news. There’s no shortage of it lately. Home lending has fallen for four consecutive months. Survey shows consumer sentiment is at its lowest since the early Nineties. We’ve even had one research company, hungry for a bit of publicity, claiming Australia is heading for a one-in-100-years slump.

This kind of media has added to public pain from too many rises in interest rates, petrol prices and grocery bills. It’s had a dramatic impact on the public psyche and property markets have braked sharply.

Brisbane research analyst Michael Matusik says today’s climate feels a lot like 2005. He says: “The residential market is going through a consolidation period - similar to that experienced in late 2005. The market improved considerably between mid-2006 and the end of calendar 2007, surprising many with the strength of this recovery. Despite forecasts of price falls (infamously by over 10%, according to one Aussie icon) and a general market crash, residential prices and weekly rents are up around 30% since late 2006.”

Matusik says the fundamentals now are the same as they were in 2005 and forecasts that residential property prices will increase on average about 8% a year over the next three years. He expects price growth to be stronger in Queensland and Victoria because of higher migration intakes.

The analogy with 2005 is a good one. In 2005 a pack follower would have avoided Melbourne property. The market was flat, prices were stagnating and sentiment was low. But the individual hunter would have been on the prowl at that time. After a couple of busy and buoyant years, the Melbourne market was quiet and it was taking a long time for property to sell.

This represented opportunity to the switched-on investor. Opportunity to take your time, do thorough research and buy without pressure. Opportunity to find good property without competition from others and to negotiate hard. A buyer’s market.

These are the successful investors - the ones who ignore the present and consider the future.

Investors who bought in Footscray in 2005 or 2006, when things were quiet, are smiling now. Values have risen steadily since then, including a 20% rise in the 12 months to March. The individual would have bought in 2005, the pack animal early in 2008, just before the market went into decline.

The market in Frankston touched bottom around 2005. Those who bought then have seen their values rising strongly over the past 2-3 years, including 13% in the year to March. Ditto near-city Carlton, where median prices for both houses and units dropped in 2005 but have climbed sharply since.

The thing Footscray, Frankston and Carlton (suburbs I’ve chosen at random) have in common is a long-term growth average around 12% (average capital growth over 10 years) and identifiable reasons for prices to grow. It’s the future that’s important, not the present.

The climate today presents similar opportunities for investors able to think and act independently. Consider the fundamentals. Migration into Australia is at record highs, providing record overall population growth. Economic and employment growth remains strong - and is widespread, not just confined to the resources states.

At the same time, the housing market is under-supplied. We continue to build homes in numbers that are well below underlying demand. Vacancies are extremely low and rents have been rising - and rising.

Matusik says: “New dwelling supply is under-supplied by 32% across Australia - and more so in NSW and Queensland. The under-supply of new stock is expected to get worse in coming years and some forecast it could remain so for the next decade and beyond. We anticipate annual rental growth of around 12% a year over the next three years.”

These views are supported by many other commentators, including CommSec’s chief economist Craig Jamers, who says: “Australia is experiencing the biggest migration boom on record and the rental market is as tight as a drum - but home buyers are in short supply. There must be a lot more people in shared accommodation or at least staying at home with their parents longer.”

I’ll give the final word to the Herald Sun which reported earlier this week: “Melbourne’s rental market is the tightest it’s been for years. This is a landlords’ market with tenants bidding to rent properties and open-for-inspections crowded with potential applicants.

“As sharemarkets become more volatile, property investment is increasing as an alternative. Although there is strong and growing demand for rental housing by tenants, there are not enough investors in the market.

“So, it could be the right time to invest in residential real estate, with the aim of becoming a landlord.”

“If you are looking to are looking to accelerate your financial results and create an extraordinary quality of life - then this book is for you!”
Dale Beaumont, Creator of the Secrets Exposed Series

What I didn’t learn from Google, but wish I had
By Jamie McIntyre

Price: AUD$34.95
ISBN: 9781921258019
Format: Trade paperback
Publisher: 21st Century Publishing
Number of pages: 215
Publication Date: April 2008
Edition Number: 1

Jamie McIntyre’s new book What I didn’t learn from Google, but wish I had explores the internet business and marketing strategies Jamie wishes he knew before starting his business, which would have made his success even greater.

Jamie shares his experiences of ways to make money online, without the need for capital or expertise in computing. He examines the success of internet giants such as Google and eBay and shows how people can leverage web-based technologies as powerful business and marketing tools.

The book is an easy to follow and informative guide that will be invaluable for anyone wishing to embrace technology as a wealth creation tool, or contemplating setting up a website and using Web 2.0 technologies to enhance their current business model.

It provides tips on how to profit from the internet, advice on treating the internet as an investment strategy and the truth on how successful websites sell.

The book also details the strategies behind many well-known internet entrepreneurs, such as Graeme Wood of Wotif.com, Sean Howard of OzEmail and Google founders Sergey Brin and Larry Page.

What I didn’t learn from Google, but wish I had is available now in bookshops Australia wide.

END

About the author
Jamie is the author of four books including the highly successful What I didn’t learn at school, but wish I had.

Jamie became a self-made millionaire in his twenties. In addition to his work as a personal and financial educator, Jamie is an entrepreneur, investor, a sought after public speaker and climate change campaigner.

Through his work with the 21st Century Education group of companies and in founding 21st Century Academy, the flagship company of the group, Jamie has made it his mission to teach people life and financial skills that he believes people should have learnt at school. The concept has proved so popular there has now been over 225,000 people educated worldwide from 16 different countries.

Personal and financial educator Jamie McIntyre has announced the corporate restructure of his company - 21st Century Education Holdings Pty Ltd.

21st Century Education is one of the fastest growing lifestyle education companies worldwide.

The company’s vision is to make a difference by building a world-leading personal and financial education services group, that provides a modern day education for life and encourages people to take charge of their personal lives and financial futures.

Jamie McIntyre, founder and CEO of 21st Century Education said he was looking forward to further growing his business with the new structure underpinning that growth.

“We have chosen to put into place a formal corporate structure to provide a better range of services to our members and manage the rapid growth the business is experiencing,” said Jamie.

The new corporate structure sees the creation of four business divisions under the 21st Century Education group:

21st Century Membership - a division covering 21st Century’s home study courses, education academy and book publishing.

21st Century Seminars - this division provides the company’s education seminar services covering financial and lifestyle training for 21st Century Education’s members and guests.

21st Century Trading Education - this division offers more advanced training and education courses

21st Century Services - a division encompassing 21st Century’s many product and services offerings across accounting, finance, property, securities, and other investment areas.

“21st Century Education has experienced phenomenal growth over the past few years, and it was time to look at the way we were organised. The new structure will allow 21st Century to offer better products and services to members and allow us to take advantage of more business opportunities as they arise,” Jamie concluded.

END

NOTES TO THE EDITORS:

About 21st Century Education
21st Century Education was founded in 1998 by Jamie McIntyre, with the dream to create a modern day education system to teach life and financial skills he believed should have been taught at school

but weren’t. The concept of a modern education proved so popular there has now been over 250,000 people educated worldwide from 16 different countries via 21st Century’s DVD programs, books, live seminars and home study courses.

Today 21st Century Education consist of over 20 independent companies covering education, financial services, property, finance, accounting including a capital raising company. The Group comprises of nearly 100 staff and is expanding rapidly.

Renowned wealth educator Jamie McIntyre and his company 21st Century Education Group have launched 21st Century Women’s Academy, a seminar series tailored to meet the needs of women who are looking to excel in life and achieve financial independence.

Jamie McIntyre, founder and CEO of 21st Century Education Group said he was inspired to create the seminar after seeing the success of women who have empowered themselves through 21st Century Academy. Jamie recognised women’s needs differ to men’s and many women were just looking for that extra little bit of help in taking control of their financial future.

“Through our work with 21st Century Education we are seeing more and more women in Australia coming to us for help in running their own business and collaborating with their partners, whilst balancing their family and personal lives,” said Jamie.

“We have brought together an extraordinary group of male and female speakers who are passionate about the wellbeing of women in the 21st Century. These speakers have been handpicked by the 21st Century team to inspire women to an entire new level in their lives,” Jamie concluded.

Celebrity speakers such as Ita Buttrose and specialists in business, finance, real estate, health and wellbeing, will share their experiences and secrets to success.

Australian businesswoman and publisher, Ita Buttrose believes this initiative could not have come at a better time: “We have a lot of work to do to empower Australian women to believe anything is possible and that they can fulfil their dreams. My experience is a prime example of how, through determination and perseverance, women can overcome challenges, succeed in business and balance their personal and professional lives.”

“I’m a firm believer that people, especially women, need to learn from their experiences and that the best results in business come from women and men working in partnership,” said Ita.

The 21st Century Women’s Academy seminar will take place on 19 – 21 April, at the Gold Coast Marriott. It will then roll out across Australia and overseas visiting the Sydney, Perth, Auckland and Los Angeles.
A percentage of the overall profits of the Women’s Academy Globally will be donated to the 21st Century Academy Charity Foundation, a non profit organisation, supporting the Empower U Foundation to rebuild schools in impoverished countries.

Members of the 21st Century Women’s Academy can also apply to be part of the team which will travel to the 3rd world countries and help build the schools.

Bernard Salt | August 07, 2008

The number of houses currently being built falls well short of this, and according to the HIA, there’ll be a shortfall of at least 175,000 houses if current building rates continue.

The outlook is even bleaker if household sizes keep shrinking - ie more people choose to live alone - this could blow-out to a 240,000 shortfall.

“Supply must increase rapidly to meet expected demand,” said the Housing Industry Association’s chief executive of policy, Chris Lamont.

“Without a substantial increase in production there will almost certainly be a growth in the number of homeless and further affordability woes.”

He said the increased demand for new housing was driven by two main factors: rising  immigration, and more people choosing to live alone.

Australia’s population grew by 332,000, or 1.6 per cent last year.

Record-low affordability

A shortage of housing is one of the key drivers in record-low housing affordability.

The Housing Industry Association (HIA)/Commonwealth Bank First Home Buyer Affordability Index fell 3.5 per cent in the quarter, and was down 10 per cent on the same time last year. 

Mortgage repayments now account for 29.1 per cent of an average first home buyer’s income – the highest percentage on record.

Construction tailing off

Despite rising demand, the supply of new houses is dwindling as high rates put the squeeze on the property market. Official interest rates are sitting at 12-year high of 7.25 per cent. The Reserve Bank meets tomorrow to make its latest interest rate announcement, with most economists tipping rates will stay on hold.

Data out earlier this month showed that number of new residential homes being built in March quarter fell 3.3 per cent. Construction of new private houses fell 6.3 per cent in the quarter, while other typed of property – such as apartment – fared better with a 3 per cent rise.

More states suffered falls in new housing starts than rises in the quarter. Tasmania had a 13.3 per cent decline, Queensland 9 per cent, Western Australia 7.3 per cent, Victoria 4.8 per cent and the ACT 16.9 per cent. On the upside, South Australia rose 24.7 per cent, NSW was up 9.3 per cent and the Northern Territory rose 14.9 per cent.

June 30, 2008 12:27pm -  www.news.com.au

building figures

“Underlying housing demand is already outstripping new supply, and the gap is set to widen sharply, driving pent-up housing demand to record levels,” he said.

The Australian Bureau of Statistics said yesterday new apartment approvals fell 18.2 per cent in May and were down 4.2 per cent over the past 12 months.

New house approvals fell 1.2 per cent and were down 1.7 per cent over the year. In Victoria total building approvals were up 2.8 per cent.

interest rates

“Interest rate hikes have spooked investors and budding owner-occupiers.

“Investors are putting their money in the bank and people are staying in the rental market longer. But the situation is unsustainable.”

Mr James said rents and house prices would be forced up because of the tight conditions, which would eventually attract more investors and lead to more building.

“The latest slump in new dwelling approvals is clearly bad news for those renting,” he said.

“The supply of apartments isn’t rising but the number of people wanting to rent certainly is.”

Victorian rents are at record highs and housing affordability is close to record lows.

The Commonwealth Bank’s senior economist, Michael Workman, said interest rates would need to start falling and buyers would need to believe prices were rising before they would re-enter the market.

By Craig Binnie July 03, 2008 08:14am-   www.news.com.au

Property Opportunities.

There is a lot of doom and gloom talk about property, with the problems in the US and rising interest rates here, which has made many investors nervous and not go ahead with investing. This is a great opportunity for the investors who are still willing to invest, as there is less competition. Is it a good time to invest in property? The only way we have of telling is to look at history, and property has always continued to grow, providing you are not trying to get in and out fast. So for investors wanting to buy and hold, now is as good a time as any, providing you have the cashflow to support your investments, and you pick a good area and property to invest in.

The trick is to invest in areas which have ongoing demand, such as towns where the population is growing, and not in areas where growth is slow. There are always some areas which are growing faster than others, and these are the areas to investigate.

Look at it this way. Would you have liked to have bought a few quality investment properties 20 years ago. Even if you had bought when interest rates were around 17%. If you had bought in a decent growth area, your investment would now be worth 4 to 8  times (or more) what you had paid, as good property doubles every 7 to 10 years. If you had bought 3 properties for $120,000 each, they would now be worth conservatively somewhere between $1,400,000 and $2,000,000 in total, and you would have equity of at least $1million. This equity you can put to work to produce more capital growth, or passive income so that you don’t need to work.

I have written an ebook which outlines a simple plan for building wealth in property “How to Create a $million in Property in 9.5 years…” which you can download for free here:

http://learntoberich.com.au/free_products/free_ebooks.php

A recent  article from the Townsville Bulletin, 28th June 2008 outlines my point. The article quoted PRD Nationwide’s  latest figures for the March quarter being more than twice the number of sales than the December quarter. They put it down to affordability and the resilience of the Townsville market, where investors can see a decent return. The market there has had over 10% growth in the last 12 months, and population growing over 2% per annum. Other Queensland markets are also strong as well as South Australia and Melbourne.

I have been investing in the Queensland market myself, and have access to some top quality, affordable, off the plan townhouses in Townsville. The townhouses are independently valued at $375k which is the selling price, and there is a $7,500 rebate at settlement, next year. They can be secured with just $1000 and  a deposit bond for a few thousand dollars. If you are interested in the details, send me an email, with “Townsville Property Details” in the subject, and I can send you a detailed information pack.

New Trading System - with a Twist. (Business in a box system)

I have emailed some of you previously about this new trading system, and how it came about, so bear with me whist I explain to the others who don’t yet know about it.

Just about everyone is familiar with trading in the sharemarket, where the aim is to buy low and sell high. All business and commerce works this way, you make a profit on the difference.

There is a new industry in the last decade which has been growing at a phenomenal pace, this industry is online advertising. Some of the world’s fastest growing companies make their money by selling advertising, such as Google, Yahoo and MSN.

What many smart internet marketers have been doing is creating websites to take advantage of this industry and make a profit for themselves. The industry is now a $20 billion per annum industry, and so there is plenty to go around. The way that small internet marketers usually do this is to build many websites and display Google ads on their sites, so that when visitors to their site click on the ads, they make a profit, which is paid to them each month by Google. Sounds simple, right. The problem is getting the traffic to come to your website, and then getting them to click on the ads.

There have been many smart individuals who have managed to make a successful business from doing exactly this, and some make a very good income from $20k a month to a million a year. Most however are only able to generate a few hundred dollars profit a month.

A young Australian developed his own system, and fine tuned it to the point where he was able to generate $400,000 in a month. He sold his system to a large company in Sydney for over $20 million, and the company have gone on to fine tune this system.

They have created more than 2000 websites over the last 2 years and each one of them is profitable, the minimum profit level being $30 a day per website (not a bad daily profit). They have created an automated system so that once the sites are running and making money, they switch them on autopilot, and then they basically run themselves, and maintain the profit level. They can manage these 2000+ websites with a team of 9 traders who simply make sure they are running ok, and build new sites. They also are in the business of selling profitable websites , which sell for up to 3 times their annual profit..

So what does this have to do with you? The company have decided to release the system to the public so that they will have much larger leverage on creating websites. The system is capable of handling far more websites than they could produce inhouse. So now they are selling business packages which include full training and support to build a number of websites, each of which can produce minimum $30 a day profit, and can be sold for a very good markup after several months of consistent profits.

The business packages are aimed at minimum $100k per annum profit, for an initial $25k investment in 10 websites.
If this sounds like something you would like to learn more about, click on this link to watch a video, fill in your name and email address, and type LTBR in the code to be able to watch the video.

www.myprofitsystem.com/br/intro/

Upcoming seminars

Anyone who decides to invest in the Jamie McIntyre homestudy over the next month, and books into the Queenstown or Melbourne 4 day seminar will also be eligible to receive a Free Tony Robbins ticket to see Tony in Sydney at his  UPW seminar. Any queries on this, please contact customer support on

support@LearnToBeRich.com.au

To View the full article from Townsville Bulletin, 28th June 2008 mentioned above Click Here

Until next time

Good investing.

Keith Mason.

LearnToBeRich.com.au
(a division of Southeast Funding P/L)
PO Box 1222
Batemans Bay
NSW 2536 Australia

Torny Jensen

June 21, 2008 12:00am

PROPERTY investors may be overlooking their own back yard with research finding there are good opportunities for investment in Queensland.

Dr Reid said despite economic uncertainty throughout Australia, she had analysed a series of data, including median house values, population growth forecasts, planned infrastructure developments and employment opportunities to come up with the state’s best investment locations.

“Fundamentally, Queensland property remains strong even though concern and uncertainty are affecting much of the property sector at the moment,” Dr Reid said.

“Most of these concerns have focused on the consequence of global economic conditions, high domestic inflation, consecutive interest rate rises and affordability.”

Her picks included the Springfield/Ripley/Ipswich region, west of Brisbane.

Dr Reid said the area remained relatively affordable, with median house prices ranging from $325,000 to $375,000, while the area’s population was forecast to grow by 4.1 per cent a year over the next five years.

Planned infrastructure projects include the creation of the Springfield town centre where a million square metres of space has already been approved for development.

The existing Orion Shopping Centre at Springfield also is under expansion, with another 65,000sq m of retail space being added.

Dr Reid said overall the activity in the area could potentially create up to 50,000 new jobs.

Similarly, Dr Reid tipped Beaudesert as an area ripe for property investment with the local population expected to grow by 3.7 per cent a year over the next five years.

It is proposed the area will become a State Development Area for the new Scenic Rim region.

“The potential of the SDA is thousands of jobs and hundreds of millions of dollars of investment,” Dr Reid said.

Other areas selected by Dr Reid as standout investment spots include Hervey Bay, Caboolture, Townsville/Thuringowa, Gladstone/Calliope and Brisbane suburbs Chermside, Nundah and Milton.

Dr Reid said that despite the forecast for future growth in these centres, housing affordability continued to be a problem for Queensland home buyers.

“Housing affordability in Queensland has declined significantly over the last five years, never more evident than the March 2008 quarter where affordability in Brisbane declined by 15.2 per cent and regional Queensland by 3.5 per cent,” she said.

However she said capital value growth had continued to improve over the past four years. “While a steadying of this growth will occur this year in response to economic conditions, it is expected that growth will continue to be positive.”

This is how Keith spent his 50th Birthday. Climbing Cradle mountain in Tasmania. The climb took approximantley 7 hours. We had both rain and snow during the climb but we keep going until we reached the top.

He put up highway signs telling people how good his hot dogs tasted. He stood by the side of the road and called out, “Buy a hot dog, mister?”

And people bought his hot dogs. They bought so many hot dogs, the man increased his meat and bun orders.

He bought a bigger stove so he could meet his customers’ demands. And finally, he bought his son home from college to help out in the family business.

But something happened. His son said, “Father, do you not watch television, or read the newspapers? Do you not know we are heading for recession? The European situation is unstable, and the domestic economy is getting worse.”

And the father though, “My son is a smart boy. He has been to college. He ought to know what he is talking about.”

So the man cut down his meat and bun orders, took down his highway signs, and no longer stood by the side of the road to sell his hot dogs.

His sales fell fast overnight. “You’re right son,” said the father, “We certainly are in a serious recession.”

Soure: “What I Didn’t Learn At School But Wish I Had” - available for free from http://learntoberich.com.au/free_products/free_ebooks.php 

What I learn’t from this story is you should not always listen to your friends and family if you are trying something different. Just because you think somone is well educated and smart doesn’t mean they know what they are talking about. All your decisions should be based on doing research and investigating all possible outcomes. Looking at the facts of the situation and not make a decision based on emotion is the best way to decide what you should do. This story is based in USA and the European market was the one in recession, not the US market. The father thought his son was right as he stopped all his marketing efforts and his sales declined. 

2.       Select properties in sought after ‘lifestyle locations’ that will attract consistent rental demand by quality tenants.

3.       Select properties in areas within 15kms of the CBD but not the CBD or some fringe areas.

4.       Select properties within suburbs and streets where limited land is available.

5.       Select properties in suburbs with proven capital growth over the past five years.

6.       Select property close to water, e.g. beaches, oceans and rivers.

7.       Select properties in suburbs that have high rental demand.

8.       Select properties that have affluent tenants with high disposable income

9.       Select properties that are located close to public transport

10.   Select properties that are in demand for corporate clients

11.   Select properties close to educational facilities, universities, major public and private schools

12.   Select properties close to major sporting, dining and entertainment precincts

13.   Select properties that have land content

14.   Select town house style properties

15.   Select properties that offer high depreciation and taxation benefits

16.   Select properties with projects whose income potential is not base on the ‘short term’ or ‘holiday letting’

17.   Select properties that are located within smaller low rise ‘boutique’ style properties

18.   Selecting a property where the price of the property offers at least a 4% gross rental return based on the ‘long – term’ rental guarantee the real estate agent is prepared to provide.

19.   Select properties within projects that are guaranteed to be built and completed.

20.   Don’t purchase off the plan property that is being sold ‘subject to permit’

21.   Select properties which have 3 or more bedrooms to increase rental income.

Soure: “What I Didn’t Learn At School But Wish I Had” Ebook - available from www.LearnToBeRich.com.au/free_products/free_ebooks.php 

To read the full set of 21 point checklist please visit http://learntoberich.com.au/free_products/free_ebooks.php and down load the ebook.

1.       When was the last time you felt financial pressure?

2.       Do you currently feel financial pressure in your life?

3.       Does having more money really create less financial pressure?

4.       When have you felt completely free from financial pressure?

Apart from happiness what do you think people really want in their life? In my view the answer is security.

Would you say that people mainly link pleasure or pain to money? From surveys that have been conducted in Australia, university studies have determined that many people actually link more pain then pleasure to money.

Most of us will do more to avoid pain then we will to gain pleasure. This is important because consciously if we link pleasure to money and get excited about money and start doing things to be financially successful, we will start to move forward.

Society conditions us to be self sabotaging. We don’t base our decisions on logic we base our decisions on emotions. Subconsciously large proportions of us have a negative attitude to money. We have all heard the saying “money doesn’t grow on trees”, “filthy rich”, “stinking rich” are all negative saying against money. Being told “we can’t afford it” as a child or having parents that had to go away to work have given many people negative subconscious thoughts about money.

To find out how you can rewire your subconscious visit http://learntoberich.com.au/free_products/free_ebooks.php and down load the free ebook What I Didn’t Learn At School But Wish I Had”

Did you know:

      25 are dead

      20 have annual incomes of under $10,000 (that’s below our poverty level)

      51 have annual incomes of between $10,000 and $35,000 (median is $18,000)

      4 have annual incomes of over $35,000

      Yet 1 in every 100 is a MILLIONAIRE

“What I Didn’t Learn At School But Wish I Had” - Jamie McIntyre

Today’s average 50 year old has only $2,300 saved towards their retirement. J. Urcivoli, Sr VP Merrill Lynch

Only 5% of the population can put their hands on $10,000 when they are aged 65. When social security was started there were 16 people working for every one person on the program.

Today the ratio is 3:1

In the next 12 years it is projected to be 1:1

Source: “The Millionaire Next Door”

For more information vist www.LearnToBeRich.com.au

For more information visit www.LearnToBeRich.com.au

For more information please visit www.LearnToBeRich.com.au

This is the intruduction for the interview with Jamie McIntyre on the Sky New channell. Stay tuned as we will have the full interview added. For more information visit www.LearnToBeRich.com.au

Keith from www.LearnToBeRich.com.au on the Bungee ball on the Gold Coast in 2007.

Helicopter Flight Over the Flordland National Park New Zealand 2007

This is us  Helisking in New Zealand 2005

If you would like to learn how to massively increase your income Click Here

In today’ s scoiety you have to learn how to create your own wealth and master your financial intelligance. Failing to do this will result in you turning out like 90% of Australians dead or dead broke by the age of 65.

• Jamie is committed to donating the initial 3 hour DVD plus provide a team of coaches available to answer questions at no charge to over 100,000 individuals, which is quite generous, considering the expenses involved. However, for those requiring further training, support and access to Licensed Sharebrokers, Property Sourcing Team, Accounting and Finance Brokers to help implement the strategies it requires a fee.

• From experience, Jamie found that those truly committed to changing their life wouldn’t hesitate to invest into their own education.

• Jamie used to do it for free and found people don’t value something as much if it is free, as a result they have a lower commitment, and thus achieve poorer results.

• Jamie doesn’t want uncommitted people doing his Homestudy course, thus by charging it eliminates those who are not committed to improving their life.

• Part of what Jamie teaches is that you should add value and not under charge for your services, thus be confident to charge what something is worth.

• Life is often a reflection of where a person is at, Jamie invested over $100,000 into seminars and tapes to learn these strategies and as a result became successful faster than most people. Those who are reluctant to invest in their education often don’t realise this is reflected by the universe being reluctant to allow wealth to flow into their lives.

• The course comes with a ten times 90 Day 100% Money Back guarantee, thus Jamie has removed the risk for those committed to having a go and wishing to invest in the program.

• It costs millions of dollars a year to run 21st Century group of Companies and Jamie only wants to help those who are willing to help themselves.

For instance, ignorance can be more expensive than education. Can most people afford to continue to miss out on $2,000 to $5,000 most months of the year in extra cashflow that many clients can produce within 90 -180 days of doing the Program?

For any further questions, feel free to contact us or your Personal Account Representative or visit our Online Forum at www.21stcenturygraduateforum.com

Visit Our Website Click Here

• One should also consider what it costs to go to University. The costs are a lot more than $49 per week or $3,995. And does one’s University fee come with a ten times your money back guarantee or it’s free? Obviously not. A University degree even though very valuable, doesn’t even guarantee a job, let alone skills that can produce real life results for a lifetime.

Visit Our Website Click Here