I’m a share market investor and sometimes contractor in the mining game. Investing is my focus with the contract work supplementing/feeding my investments. I’m happy to say I semi-retired before 40 and should be completely retired before 50.

Well Dr.X, get ready for lots of hugging, high fives, back/neck massaging and chicken dancing! Don’t forget Fact or Crap, the game.

Yes, it was the “Breakthrough to Success” weekend and I had a free ticket. I thought it couldn’t hurt to go along and see what it was all about. What I was getting at with NLP is what is the objective? How is it supposed to work? Maybe I should do some further research since this was my initial exposure.

Interesting that someone mentioned fans…[Read more]

Good point Redwing. These are my thoughts also. I figured why bother chasing big money in management positions with all the stress, when I can make very good money doing routine work. I then had to educate myself to invest wisely to make the best of it. Anyone who wants the “glory” of climbing the corporate ladder, go for it, but there are better…[Read more]

As someone once said to me, “no good having the most interesting job in the world if it doesn’t pay the bills.”

I’m pragmatic and with the ones who go for the money. Look, why work a whole year for $30k in the city? What a waste of effort.

WealthyJay said he dumbed down his job as an industrial chemist and went for the money. So did I. I was/am…[Read more]

Well put, Don and Liz.

In my book, hype has no place in anything, let alone investing. The ability to motivate people without hype is the way to go. It is only natural novice investors get hyped and all excited about the big things they are going to achieve. The fact remains that a lot won’t and a few will. The key is to do everything possible to…[Read more]

Dazzling

Agree with you. Financial advisers are qualified to develop financial plans and so on. But my beef with them is: What do they REALLY know about the art of investment? In my opinion, not a lot because they are like lemmings and just fall into line with all the rest, instead of doing something different.

Having said that, you must have…[Read more]

It’s interesting that the contract work I am doing now to get me through to financial independence is autopilot stuff, i.e. could do it with my eyes closed almost and is very repetitive. But that’s OK, because that is just the way I like it. No stress and get paid what I consider to be a very adequate hourly rate.

See, I decided some years ago…[Read more]

My perspective on financial independence:

Paid work in some respects does have advantages – every week you know what you get to take home and the risk is taken by your employer. Can you say that about your own business? No. These are the trade-offs when we make our choices. Having said that, the disadvantages in paid work can make a life of…[Read more]

Good replies. I hope inexperienced people thinking of parting with thousands for a “miracle cure” seminar are reading and taking it in.

We should not encourage people to think they have to spend thousands on “wealth” seminars to gain their knowledge. The overhyped ads play on people’s emotions and are highly influential, indicating wealth will…[Read more]

Marc

You might be referring to some of my comments in your reply. If so, you are taking me out of context. Let’s put a few things straight.

There are guarantees that aren’t worth the paper they’re written on because they don’t get honoured. I have experienced this personally. Therefore, I would say some guarantees are marketing ploys (as you…[Read more]

Thanks Cruiser, for letting us know of your real life experience. So now we are getting a much clearer picture of Ed Burton’s wealth education and motives. Not so rosy I’d say.

Kerwyn

So, a day and a half would be plenty of time to implement and test the strategies? How many people do you think would be too intimidated to ask for their money back? Some of the wording in these guarantees would make it difficult to get your money back. Do you think that when someone asks for their money back it is granted no questions…[Read more]

Let’s be really conservative and say there are only 100 members, which means $28,000/month. Not bad money in anyone’s language. Ed is just another philanthropic seminar presenter who doesn’t need the money.

Surely, even if you are a supporter of expensive wealth education, this must make you wonder just a little bit as to some of the motives.

Marc

Please check your mailbox. I have sent a personal email.

Wes.

I have noticed this post pretty late, seeing it was done back in 2003, but just wanted to congratulate Oz on his/her detailed analysis on one of Ed Burton’s seminars. This can really help us in making a decision whether to attend or not.

Ed reckons he doesn’t need the money. Give us a break. When you look at the money he is making from…[Read more]

No, it ain’t that simple. Like a lot of things it sounds simple. For example, many ads claim that share trading can easily be learnt. Absolute rubbish. Share trading requires tremendous skill and years of learning to even have any hope of success. Success in the share market doesn’t automatically follow from years of hard work, sorry to say.…[Read more]

“philanthropist seminar presenter” I like it! Maybe this could be adopted as general terminology in future discussions.

Philanthropist seminar presenter = “I don’t need the money. I just want to help people become wealthy, but I’ll still charge you thousands to discover my “secrets”. I am obligated to charge thousands because you won’t value the…[Read more]

Nigel

Show people that you are a successful property investor in your own right by giving evidence of your portfolio. Show people how much you stand to make from the education, and that you don’t need the money to fund your investment program. Tell people exactly why you are doing this. If you feel this is too much of an ask, then I suggest your…[Read more]

FireCaesar

I suspected you have no experience based on your question, but had the feeling you were brewing something. The other poster is indicating a pyramid scheme. Be very careful if you are into anything like that. You will come a gutser. Maybe you are young and think you have found the Holy Grail. I can assure you, you haven’t, so think again.

Wes.