I get advice whereever I can but ultimately the final decision and responsibility rest with me.
My test – by doing this will I still be able to sleep at night? If the answer is yes, then I go ahead.
Shushar
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
Hi Beerboy,
This guy must have tickets on himself[V], i think he has done you a favour, now you can look for another financial adviser who will deal with you without having to have 100k before he will talk to you.
Cheers
TonyQuote:Originally posted by happytrace:Hi everyone,
Just a little question regarding what a few people have been saying about financial planners. Besides reading as much as you can and learning as much as you can, who can you go see to give you a bit of a hand with the hard financial stuff? Are accountants better than financial planners??
Sorry for the basic question but i’m a bit confused
Thanks!
Tracey
[
]From personal experience I can recommend searching for an accountant with R.E. investments themselves.I also find “financial Planners” merely salespeople interested in managed funds{and the commissions}.
One day I overheard a friend complaining about their new accountant pushing real estate. My ears pricked up!!! He is now my new accountant. At the first interview I asked what investments he had, which turned out to be many years of real estate,which he had battled to hold on to during the high interest rate days. This bloke has been there,done that and knows tax too!!! He`s expensive compared to the local guy I had been using, and I have to do a 500km round trip at tax time to see him,but he helps to see the bigger picture,helped to refinance and restructure,and gives me confidence going forward. There must be R.E. savvy accountants in every city,get on the phone and ask personal questions!!! Regards TerryHi Beerboy
Financial planers are sales clerk at the leash of some Bank.
When they may have some marginal knowledge of how to shuffle the money you already have around some more or less mediocre funds to collect some pittance at the end of the year, they have no business acumen whatsoever, they do not create wealth just administer it in some more or less sloppy and non-accountable way, to squeeze 0.2% more for you and 5% more for them out of your own money.Prosperity is not finding where the deals or the information is hidden. It is rather a state of mind.
About the lotto ticket:
Statistics tell that in average, a lottery winner reverts to his original financial position in 2 years.
In addition, statistics show that a prosperous person, who goes bankrupt, reverts to his prosperous state in average after 2 years.Why?
The lottery winner, who was unprosperous initially, has now a big number in his bank statement but remains poor in his mind. He sees himself as a person who is poor yet struck pay dirt for once. In his mind this is not his normal state, his subconscious will make all the wrong decisions based on his limiting believes that will hinder, handicap and sabotage most of his actions related to wealth until he reverts back to how he sees himself, his natural state, that is with no money. Our subconscious acts on the program we allowed our environment to plant in it.
The prosperous person considers himself rich. His financial condition is his right and normal state, his subconscious mind sees the losses incurred as a temporary set back. The recovery a natural occurrence, not if but when is the question at hand.
Prosperity does not come from what the person knows but the values we allow to govern our actions.
If we think that rich is evil and poor is virtuous, whenever we need to take a decision that may determine our future, our conscious actions will be subject to the array of values stored in our subconscious mind. If we are convinced that rich people are crooks and feel bad about someone we know that made it big, chances are we will sabotage our own plans in some way totally unaware of it. Heaven forbid we may become successful and therefore turn crooks just like that KP we all like to talk about.
On the other side, goal setting, and a positive mind frame, the review of our “limiting believes” and the replacement of such by more constructive set of values that celebrates others success, will set the foundation for our own success.
You earn $35,000? That is better than $0.
Robert Kiyasaki, Randy Gage and many other teachers on the subject have been bankrupt and are more than happy to tell you how they turned their fortune around.
Yet one can read 100 self-help books and make little or no progress.
That is unless we start changing our faith system. It is necessary to understand that we have a creator that wants us to be successful and prosper, that it is our birthright and that there is nothing wrong with wealth nor anything virtuous with poverty.
If you think you can adopt this idea that you deserve to be prosperous, if you accept that such prosperity is not only money, if you can let go of the idea that failure and lack of success is somehow cool, poetic, virtuous or somehow attractive in any way, then you have taken the first step towards success.
Now you can learn a bit more from others.
The power of our subconscious mind is a must in my opinion:
http://www.butler-bowdon.com/powersubconscious.htm7 habits of highly effective people is another classic
http://www.amazon.com/exec/obidos/tg/detail/-/0671687964/103-4009489-7967826?v=glanceIf you do not mind some suggestions, I found the Prosperity tapes from Randy Gage life changing. http://www.gagedirect.com/
Yet his tapes are based on a much cheaper booklet by Catherine Ponda, “The dynamic laws of prosperity.
http://www.prosperitynetwork.com/Ponder.htmRich dad poor dad by Robert Keyasaki is also an eye opener.
http://www.amazon.com/exec/obidos/tg/detail/-/0446677450/103-4009489-7967826?v=glance
(also available on tape)There are some excellent books free as well.
See “Think and Grow rich” by Napoleon Hill (fantastic)
http://www.asamanthinketh.net/think.htm“As a man thinketh” by John Allen, tells you in clear words, “we are what we think” Think poor and you are poor, think rich and prosper.
http://www.concentric.net/~conure/allen.htmlWrite down your goals, build a prosperity map, write down affirmations of success, and reprogram your subconscious mind. Success starts with your thoughts not your salary!
PS
I notice I left out one of the best books I have read on the subject:
” The one minute millionare”
By Robert Allen
http://www.finnserver.com/shops/books/oneminutemillionaire.html
May God bless you
and prosper you.
Marc
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