Category: Wealth Creation

Property Investment Warning

There are many property “Gurus” out there and it seems as if the number of Guru’s are just growing by the month.

I have burned my fingers in the past by using the advice of some of the Gurus and I would like to share some of the mistakes I made in the hope that I can prevent you from making the same mistakes.

I see there is a case at the moment where a guy is accusing one of the gurus that the guru’s advice caused his trust’s bankruptcy. I think this is really low class from the guy to put the blame for his failure on somebody else. I think he is just looking for a way to cash in.

Although there are many gurus selling their many different concepts or ideas it is still up to the individual to decide which of the advice he will follow and not just blindly follow the guru like a heard of sheep.

In my opinion there are no right or wrong guru and there are no right or wrong way of investing in property. We are all different and our circumstances and budgets are different. Not ONE investment strategy can be a “business in a box” solution for all of us. You should listen and learn from each property guru and ONLY apply what fits your profile. In the end it is your money and you future and you must take repsonsibility for it.

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The 8 biggest property investment myths

Many people would love to get involved in property investments, but they have all kinds of excuses not to do so. I received this article today and it is so true. Read it and you will see there is no reason not to get involved in property investments if you do it the right way.

The 8 excuses most novice buy-to-let property investors use when they do not succeed in property investing. You will find that most excuses are more emotional than business related.

1. I have no time

The Excuse:

Part time buy-to-let property investing takes too much of my family time.

The Truth:

Time management is in your emotional control and has more to do with your priorities and relationships in life. Most people are spending too much time on low priority actions such as watching TV and too little time working on their business and relationships.

The Cure:

Cut down on watching TV and creatively use your time to build your professional buy-to-let property investment business power team. You are just as strong as your power team.

2. I have no money

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Make money from giving away free fax numbers

This sounds rather easy

The truth is, it is.

I am sure by now just about everybody should know about the free fax to email service. This is a service where anybody can register a free 0866 fax number. When people send you a fax you receive the fax as an email attachment in your email inbox.

But how can you make money from it?..
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Investment Fees

When investing in funds many people do not take the effect of fees in concideration. They tend to think that 2% per annum is the norm and it is just one of those things, it is something you have to pay.

Here is an exerpt from a Fin24 article which indicates what difference the 2% per annum fee can make to your investment.

Johannesburg – Investors who think one or two percent in fees does not make much difference are deluding themselves, says Kari van Rensburg, a director of Sandton-based Deutsche Securities.

The company demonstrated the point by studying net returns achieved by the JSE’s All Share Index (Alsi) over the 20 years to May 2009, and says the pattern of value depletion holds true for all investments where fees are charged as a percentage of assets under management. Read more »

Read this before you buy shares

I am sure most visitors to this blog are people who are looking for some way to earn an extra income.

There are hundreds of ways to make money and I am not going into that in this post.

Today I would like to focus on those who are looking into share trading as a way to earn an extra income.

There is a general myth and hype about share trading. Especially the people selling share trading software will tell you how “easy” it is.  “You just buy low and sell high”, “Invest in Blue Chips”, “Penny shares offers the best return”, etc etc.

The truth is…….. Read more »

The Risk of Property Investments

I have seen many people getting burned during the past couple of years because if the wrong advice on real estate investment’s.

I think this is because of all the hype about real estate investments in South Africa at the moment. There are some people marketing real estate courses that let it sound as if anybody can invest in real estate and make millions.

The true fact is that a lot of things have changed over the past 2 years. South Africa experienced a property boom. At the start of this boom we made good money. We could sign an offer on a new development and easily make R100,000 or more by the time it building has been completed. But all these new properties created another problem; At the moment there are an over supply of rental properties in some areas. What this means to the potential real estate investor is that your rental income will be very low because the tenants can choose where they would like to stay. They can bargain for a price because most real estate investors would rather except a lower rent than let his property stand empty.

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Waarmee Begin ek?

Ek het hierdie vraag per epos ontvang en aangesien ek so baie tyd spandeer om vrae te beantwoord het ek besluit om die antwoorde sommer nuttig te gebruik. Julle is welkom om kommentaar op my antwoord te lewer, ek gee nie om vir kritiek nie, mense kan net leer uit ander se kritiek.

Vraag:
Jy gebruik onder andere die volgende income streams:

Network marketing, Adsense, Affiliate marketing, Shares,Eiendom

Wat van Kruger rand, gold coins ens?
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Free eCourse on starting your own business

Would you like to start your own business?


More and more people today have the desire to start their own business or tow work from home. There are so many things to choose from, but which one is the right one.

Before you start your own business you must know what it is you would like to do. Do not just start a business because it sounds as if you can make lots of money in that field.

If you do not enjoy and love what you are doing you will find it hard to make a success of your business. You must Read more »

The risks of Real Estate Investing

I have seen many people getting burned during the past couple of years because if the wrong advice on real estate investment’s.

I think this is because of all the hype about real estate investments in South Africa at the moment. There are some people marketing real estate courses that let it sound as if anybody can invest in real estate and make millions.

The true fact is that a lot of things have changed over the past 2 years. South Africa experienced a property boom. At the start of this boom we made good money. We could sign an offer on a new development and easily make R100,000 or more by the time it building has been completed. But all these new properties created another problem; At the Read more »

Forex Trading Tips

Here are some basic tips which can help you to be a successful Forex Trader

Keep it simple – Too much information on your screen can prove confusing.

Platforms – Not all trading platforms are created equal.  Choose a platform that is proven and tested – don’t fall for an inferior trading platform because it “looks” great.

Read more »

Read your way to wealth

Most people do not realize how important it is to read.

Many people would like to be wealthy but if you tell them to read a book they pretend not to have time.

It is a sad fact that most adults stop reading after school. After they leave school they only read magazines and newspapers which are mostly filled with garbage.

Time is not really a factor. What amazes me is that both a rich person and a poor person has 24 hours in one day. Why is it then that a rich person can find enough time to become wealthy in that 24 hours and the poor person always use time as an excuse?
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Dansette