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Video of Marcus suited & booted working out in gym: 7 Steps to Wealth. Step 1

Earlier this year we went to a gym suited and booted and literally did a Wealth Workout. We made 7 videos in all and this was Step 1. It was a lot of fun and if you like the first one, you should see some of the others as I take on other exercise machines. I am sure they will bring a smile to your face aswell as reveal the key distinctions for creating wealth.

Please give it a rating and leave a comment, send to friends etc. I would love to know what you think!


Here's Part two of Step 1. Remember to click on the wealth workout text on the top of the video, that will take you to the You Tube site (you can watch the video directly from there, rate it and leave a comment.



Until next time.

Marcus

https://wealth.infusionsoft.com/go/WWP/blog/

demarim on October 26, 2009 in Business, General Wealth creation | Permalink | Comments (0) | TrackBack (0)

How to create £1 million for yourself in your business

In the last blog, I promised to reveal how to ensure you make £1 million, that means after all costs (well not ALL costs, you still have to pay tax).

The fact is that most people have never worked out what it takes to do it and so will never attempt it. But by breaking it down into manageable chunks, it makes it achievable and attemptable. Or put it this way, even if you don't achieve, it at least you'll get damn close.

So "How many sales do I need to earn a year to have an income of £1million?"

Ok so here goes.

1. Choose your primary product or service.

2. What is the average price you sell it at?

Calculator 3. What is your average profit per sale? This is calculated by taking away all your costs from your price. Or think about your accounts for last year. What was the turnover and how much was left before tax? Work out what % that number is of your turnover and this gives you a percentage you can use to work out your average net profit per sale.

4. What number of units must be sold to create £1 million? This is calculated by dividing your average profit number into 1,000,000.

5. Then you can calculate the units per month that need to be sold. Divide your figure from your answer to number 4 by 12 if you sell all year round.

6. Units per week

7. Units per day

You now have some very powerful information you can use to ascertain what needs to happen to sell so many units per day. Can you currently achieve it with the marketing you are doing or the team you have? What do you need to do to make it happen?

The business can only grow as fast as you, the business owner is growing. Growing business I hope this calculation has helped you.

Last chance to have me teach you about the stock market

Our last FREE evenings this year are coming up. This is your LAST CHANCE to learn about the stock market with nothing to pay. If you live outside of London, simply send off for the DVD of the evening.

Find out more here


Holiday snaps

We spent a week in Marrakesh, Morocco. The villa was for 8 people and 3 full time staff. It was superb. Check out the picture of me below in the the infinity pool and the cinema room just behind me.

MdM posing in Marrakesh pool

And check out little Melania enjoyed her first splash in a swimming pool. Very cute.

Melania in pool

That's it for this week, I hope to meet many of you at our stock market tutorials on 3rd, 4th and 10th November.

Marcus
 
 

demarim on October 19, 2009 in Business, General Wealth creation, Stock market, Travel | Permalink | Comments (2) | TrackBack (0)

T Harv Eker's Business Guerrilla Intensive

Alexpalace I have just finished T Harv Eker's 5 day Guerrila Business Intensive (GBI), starting at 9am and finishing at 10pm every day. 600 people were at Alexandra Palace. Wow. It was really good and here's why.

 isn't that easy to give the distinctions because it isn't just the content but the way it is taught which is so impressive but here are 4 really neat distinctions from GBI.

1. As a business owner, what business are you in? Can you answer? 

You are in the business of MARKETING, offering the service of .... You don't answer that question if someone asks it, but that IS the business you are in

2. What % time do you spend on the following
Production - the creation of the product/service. Most people say 30%
Operation - the running of the business. Most people say 50%
Marketing - the marketing of the product/service Most people say 20%

For a new business the stats should be closer to:

Production: 20%
Operation: 20%
Marketing: 60%

3. You need to have a really big backend!

Most business owners might have a front end product or service but have no backend, where most of the profits are really made. As a result, they are in the business of marketing to gain new customers. One of the ways to ensure you have a success business, is to think about what the customer would like next. See if you can make it a bigger and therefore more expensive product. If a customer is happy with your first offering, then the chances are they will purchase something of a higher value.

What can you create to market to your customers once they are happy with your first offering? This could be the most lucrative decision you make, so go ahead and really have a think about it - what do your competitors offer?

4. Always be upselling and downselling!

When a customer says yes to a product, what do you have to offer them during their 'buying mood'? Remember the famous Mc Donalds, 'would you like chips with that?' to which most people say 'yes'. Or the other famous Italian Restaurant, one 'would you like garlic bread to start' to which most people say 'yes'. By offering a 'no-brainer' while people's credit cards are out, you can increase your sale value and your profit margin significantly, because it cost you no more to make that money.

What can you offer at 'point of sale'?

.... and what if they say 'no' to your first offer? Always downsell to something of less value. that way they might purchase something from you as opposed to leaving without purchasing. What can you offer instead of your primary product. Instead of marketing our workshops, we have a Homestudy course, which is a fraction of the price. A lot of people go for this option simply because it is less expensive.

The weekend was very good. Not only does it allow you to take time out to work on the business - 3 working days and the weekend - but also it has many inter-active exercises focusing on working on the business right there and then. 

But what it has shown me as well is how to improve my own workshops. I tend to cram in as muchPaul Avins Business Coach Me  information as possible and rely on the follow up support to really condition the learnings. At GBI there is no follow up support, but there are a lot of exercises and then the chance to share your results with team members and then again with the rest of the group, which embeds the learnings right there and then. This is a model I will follow and then combine it with follow up support will ensure that my workshops are second to none. 


It was also great to see so many familiar faces, and have the opportunity to share ideas.  Paul Avins and I   definately enjoyed the opportunity to get together. 


Next WWOW: How to make £1 million net in your business

That's it for now, as I am totally knackered after the 5 days and am leaving for 10 days in Morroco for a break but the next time I write you I will help you work out how you can make £1 million in your business. When I calculated it for me, I got really excited and saw a path I can follow. 

Leave me a message if you are interested in hearing this info. marcus@investment-mastery.com.

Stock market previews this Tuesday and Wednesday

Finally we have stock market previews this week so if you are a beginner or not yet making consistent profits while investing and trading, then we have just 2 dates this week, Tuesday and Wednesday.

Find Out More Here

Until next time!

Marcus

demarim on October 05, 2009 | Permalink | Comments (2) | TrackBack (0)

Dragons Den Spoof, Book Launch, The North, & How Much Money Do You Want, Really?

 I drove 4 hours to Leeds on Tuesday to hold a talk in the Royal Armouries for Chris Owen. Paul my customer service dude in the office met me there and told me that Theo Paphitis - of Dragon's Den fame - was coming. I almost had a coronary I was so excited. It turns out that he was coming ... next month to speak at the same venue. So it looks like I will be doing another 8 hour round trip next month to meet Theo.

Talking of Theo, I held a talk for Peter Jones' Entrepreneur Academy a few month's back ... If you are a Dragon's Den fan, which I definately am, then here is a hilarious sketch by comedian Harry Enfield you will want to see:

Harry Enfield's Dragon Den

I spent the next morning with the one and only Chris Hughes who is an expert in Personal Effectiveness. We had an inspiring conversation about people who go to personal development seminars and then make their goals so big that

a. they never reach it

b. spend all their waking hours and some of their sleeping ones trying to attain it and

c. Never get to enjoy the journey

Don't get me wrong - we all need to have big inspirational goals but have we worked out exactly what it is that we want first? For example, if you want to have £100,000 a year of income from your investments, then you don't need as much money as you think. 

At 10% a year average, you only need £1 million invested. Sounds like a lot? Not really. 

Consider this. If you start with £2,000 and invest it at the stock market average, say 12% a year, and save just £50 a week, or £200 a month and re-invest the profits and don't spend them, then it would take just 25 years for you to reach £1 million. And that is on the side, not including any of your other investments.

Want more? Either start with more, get a bigger return per year with time and practice, start earlier or finish later ... or all of them to speed up the process. So simple ... Why not read the above again so you really understand it and what it means for you. Send this to your friends and family to think about and inspire them.

The next day I held a talk in Manchester, meeting with graduates from our stock market beginners course, wealth workout and advanced trading course with a drink and some snacks. John Farrel, a recent beginner was showing some decent gains and bought print outs to show us. Very impressive. After the meeting at 10pm I steeled myself for the 4 hour drive back.

But I wasn't alone ...

I listened to Brian Tracy's new Achievement CDs, the update of the one he made years ago. They are fantastic, brilliant and well worth every penny. In fact they are cheap for what is contained.

I listened to them over and over again.

Book Launch

Wwbook

To celebrate the launch of my book, The Wealth Workout - the simple 7 Steps Formula for Achieving Financial Wealth - we are giving away 100 signed copies for FREE - all you need to do is pay a couple of pounds to cover package and postage. For more information  click here.

Stock market workshop

We had a great group at the weekend, sat in front of their computers and placing trades left right and centre. They were getting really stuck in and I am looking forward to following up with them tonight on the conference call to answer any questions they have and to see how the trades we placed are developing.

If you haven't yet been to our FREE evening or sent of for the DVD of the evening, then you can do so now by clicking here.

That's it for this week!

Marcus

demarim on September 21, 2009 in General Wealth creation | Permalink | Comments (0) | TrackBack (0)

Weekly Blog: it's been an inspirational month so far ...

Monthly meeting update

This month the topic was all about speaking from stage. Having recently attended the T Harv Eker's 5 day Train the Trainer event with Blair Singer, I knew that the most important part is the first few minutes of your talk - if that goes well, the rest if easy. So this is what we practiced with graduates in the following format:

1. Ask 2 enrolling questions (to get the audience to put up their hands and agree with you on something)

2 Tell them who you are and the title of the talk

3. Thank them for being there and edify the organisers of the event - this shows humility and what a nice person you are

4. Tell them what they are going to learn and What Is In It For Them (WIIFM) - ensure you add both features AND benefits i.e. they are going to learn this fact and this is the benefit they will get by learning this fact.

5. Earn the Right - tell them your story about how you overcame the odds to become the expert in your field and why they should be listening to you

Well it was quite something - after learning and then practicing the steps for 2 hours, 30 people got up and delivered a talk of 5 mins. It was awesome and I think we will be doing more 'experiential' learning at the meetings for sure. The juice in life can be extracted by 'doing' something, even if it is slightly out of your comfort zone. To me everyone who participated was just amazing.

Stock market update

Something happened which has never happened before. A recent graduate doubled his account in just one month. Wow. Normally this is good for the advanced traders, yet alone a complete beginner using the strategies that are supposed to make 3-6% a month!

How did he do it?

Well he used his noodle - he took the strategies we taught him and then decided to go on a spreadbetting platform and leverage his trades. And he also had one stock that went ballistic on a news announcement. But the fact is that he took action. Well done that man - his father, Andreas then came to our golf day (have I told you about that yet?) and promptly signed up for our advanced course.

Another recent graduate who is really going for it is Ian. He came to the monthly meeting yesterday armed to the teeth with the trades he had been doing and went into his account to show us how he is following the strategies well - despite some early losses, his account is looking healthy, with many more winners than losers. Well done Ian. I bet everyone is looking to buddy up with him now.

Advanced traders update

Pivot point A few months ago we came across a strategy that had won an international competition. As usual, I sent it to Avi to see if he liked it and this one he loved. So he started trading it with great results. It is based on pivot points, which are several support and resistance points based on the last days trading so they change on a daily basis. We use Metatrader for the charts and pivots - they do it automatically - and then continue trading with our spreadbetting broker. So we were excited about teaching it this weekend.

The advanced traders club is getting stronger and stronger with the continuous effort starting to pay off - we saw some strong statistics from Phil who came down from the North with his trading partner Emma. He showed us that since trading the Oil news announcement announcement since April, he had had only 1 loss in 21 trades. We traded it last Thursday aswell - while driving (not recommended) - and bagged a quick 20 points also. At £10 a point that can get you £200 in less than 20 mins. Exciting stuff.

We are moving to monthly webinars now as graduates are all over the country. That way we can record them and no-one need miss the information. Also, all graduates can  now re-attend the course for free. Finally, all new graduates are buddied up with a more experienced trader or Super trader. Finally, a big welcome to all the new Supertrader (Adrian H, Veronica and Toj).

Tax Liens update

I am spending an hour on this a day preparing to purchase my first tax liens. This is where you can pay someone's property taxes for them and they have to pay you 16 - 24% a year ... and if they don't you get their property mortgage-free. I was hoping to have an announcement for you this week, but the people I am dealing with in US are still getting their dates in the diary, so watch this space for an announcement.

Investment Mastery Team Update

You may have noticed a new voice in our office recently - we are very pleased to have Ellis on board who is responsible for the events and admin, taking over from Mandy who is now part time, working on accounts.

This is Ellis's first job since leaving school, and she is very happy to be working with us - can you imagine being in this environment at a young age? What an amazing chance to learn and grow, as well as get immersed in financial education and be surrounded by amazing people. 

Talking of which - we are on the look out for a customer services / sales person right now, to run with some projects we are working on. If you are interested, send your cv to Lisa@investment-mastery.com. You'll need excellent telephone manner, great computer skills, be organised and have a can do attitude.

Melania update

What can I say - she is gorgeous and just as well she can't defend herself yet from the onslaught of kisses and cuddles she gets from all of us. She has started flipping over onto her front and then can't flip back - kinda cute but means we have to keep running up the stairs to help her. Thank goodness for video monitors! We can keep an eye on what she is up to from anywhere in the house.

Until next time

Thanks

Marcus

demarim on September 14, 2009 in General Wealth creation | Permalink | Comments (0) | TrackBack (0)

My birthday, I get fired, various updates, Anthony Robbins video

It was my birthday on 1st September and I am 41. Wow, time really flies. I can really notice the grey hairs more than ever. On my way back from holiday in Algarve, I wondered where the team would takeStavros me - perhaps a micheling star restaurant or a gastro-pub? It seems the credit crunch is everywhere - the team ordered a take-away from the local kebab house - classy - and I supplied a bottle of port and some chocolate birthday cake. As surreal as this sounds, it actually happened and slightly tipsy, the ensuing team meeting was ... well ... pretty hilarious. Oh well, once a year only.

A sign of the times

The training centre provider we use for my stock market training went bust. We didn't know until the new owner asked us whether we still wanted the room. "Of course" I replied, "After all we have already paid for it in advance". Big mistake. the new company not only wanted me to pay again, they were actually charging me MORE! It was an outrage and I asked to speak to the manager!

It worked really well - a few weeks later we were informed that actually the price had doubled. It seems that opening up the whole building and providing air conditioning for one room was too expensive and so they were, in effect, firing me as a client!

So if you are reading this and are booked on to the next Stock Market Workshop on the 19th-20th September, don't worry - we have a new venue and will confirm all the details this week!

Advanced Trading update

I had a long letter from one of my advanced trading graduates, Oliver. It was well written and constructive and the suggestions on improving the support were so good I immediately took it to the team.  As a result, we spent Friday morning coming up with a list of improvements we can implement immediately. For example, every new graduate will be buddied up with a more experienced graduate from day one. We have also decided to teach additional strategies, send out stats for all strategies once a month, monthly webinars, compile an FAQ and lots more.

Thanks Oliver and the team - I am excited about what results this will bring for all.

Marcus speaking in Manchester update

I will be speaking in Central Manchester next week, evening Thursday 17th September about stock market investing and going through the 3 strategies that make money in up, down and sideways markets.

It is not that often that I get the chance to get up to see my friends in Manchester, so if you have been wanting to come down to London but felt it was too far, then here is your chance.

There is no charge for the session.

Reserve your Seat Here

Great video by Anthony Robbins

I thought this video was well worth the 38 minutes viewing. It describes why some people take action on a consistent basis and others don't. It features Tony Robbins with internet marketeers Frank Kern and John Reese. Definately valuable food for thought.

Watch Tony's video here

Borough market

Have you ever been? I discovered it while looking at new venues for the stock market course and when IBorough market spoke to people about it, they all said they had been going for years. The best way to describe it is as the biggest out-door delicatessen respresenting international cuisine for you to try and buy.

On the day I ate oysters, bratwurst, falafel sandwich and baklava. We took away a huge assortment of Italian produce for a dinner party the next day and an award winning pie (I love my pies when they are done well).

When you get to know me, you will find out that it is all about the food for me.

Until next time

Marcus

demarim on September 07, 2009 in General Wealth creation | Permalink | Comments (2) | TrackBack (0)

Marcus speaking in Manchester

Here is a little extra information which we want to share with you right now. 
We have just found out that we are coming to Manchester for one evening only
Thursday 17th September and wanted to let you know asap so you can put 
it into your diary. There is no charge.

You can reserve your FREE seat here

Let your friends and family know as this is the first time Marcus is coming up 
in about a year.

There will be a chance to meet with Marcus before the event and we will release more information nearer the time, but for now please put the date in your diary.

That's Thursday 17th September in the evening (approx 6.30pm). 

Please get in touch with your friends and associates and let them know about the date!

Lisa


demarim on August 17, 2009 | Permalink | Comments (0) | TrackBack (0)

Code of Honour - do you have one? Trading update

Abc Last week I introduced Blair Singer, Robert Kiyosaki's friend and Rich Dad Advisor to you. I have read his book - Rich Dad's Advisors: ABCs of Building a Business Team That Wins Like most great concepts, it is simple. Basically, Blair suggests that there is a theme that runs through all great teams, something that binds them together which sees them through and sees off the competition. This, he maintains, is called a Code of Honour. It pretty much sounds American right? But when you peel back the layer, it makes sense.

In our office we have a list of Values. There they are sitting on the wall. I don't even think that people in the office know they are there. If you were to ask me what they were, I could probably only recite 50% of them.

Our Culture/Values
Team-Play 
Passion/Inspiration 
Learning & Growing 
Contribution 
Integrity 
Excellence & CANI 
Commitment
Ownership 

So what is different about a Code of Honour?

A Code of Honour is the Values in action. I realise that to achieve our mission, which is to 'Help people around the world create wealth for themselves and their families through financial education' we will need an extraordinary team. And that if the Code of Honour is not written by the team themselves, it is useless.

So last week we had a brainstorming about everything we want to have in our Code of Honour - how do we want to run  the business? The team wanted more fun, open communication, pride in their work, accountability, understanding how their own roles and each others' fits into the vision of the company etc. So this week, we want to take each heading and describe exactly what it means.

Here is an example of what I am talking about. 

After the brainstorming session we are meeting today to put more flesh on the bones. I have started writing some sentences to help the process along, but the team must come up with it, otherwise it is rendered useless. I have my own ideas of what it looks like (see below).

Team-Play: I am a team player and a team leader. I focus on moving the team ahead. I create a FUN environment for myself, my team and our clients, helping each other be the best we can. I communicate openly and honestly to help myself and others. I am a professional and trust my team-mates to help out when needed. I expect the best from myself and from others

And then the most important part is to 'call it'. This means that everyone is responsible to alert each other directly if that person is not following the Code of Honour. This is absolutely key. It is like expecting more of ourselves and of each other, holding ourselves to a higher standard. I just know that people will relish holding me to a higher standard, but I am totally up for it. I can't wait to see what magic will be created over the next few months.

Trading Update

We have created a team of supertraders to help the other advanced traders along. This team is up and running and finally gaining consistent results. This has taken more than 4 months to achieve. Now we are ready to double the supertrader team and invite more people on board. It is crazy how important mindset and psychology is to trading success.

On another note, a father and son team visited our offices on Friday where we did a strategy swap. This is where if we believe they have a strategy that is consistent and work well it is worth sitting down as equals and sharing each other's strategies. We sign Non Disclosure Agreements to ensure that the strategies are kept confidential. We also talked about doing some work together with Gold.

Gold Talking of Gold, I was sent an email from a client saying that she had invested her money at a wopping 6% a week! That sounded too good to be true by miles but am doing some research nonetheless.

Baby Update

Melania is now 14 weeks old and she is as cute as a button. How is it possible to be so adoringly cute? As soon as she sees me she smiles and opens her mouth - ready for the new game we have which involves me sticking my nose in her mouth 20 times in a row. She finds it hilarious and we often end up in fits of giggles.

Yesterday we went to the park with our friends Chris and Ellie and on the way home I had Melania strapped onto my chest, looking out (not in). I got quite a few 'Oohs' and 'Aaahs' from women of all ages. Mudrika promptly informed me that women find it irresistable to see a man taking care of his baby. Interesting. 

Until next week

Marcus

demarim on August 17, 2009 in General Wealth creation | Permalink | Comments (0) | TrackBack (0)

You don't like selling?

I wanted to share the latest distinctions, having just completed a 5 day wealth course called "Train theBlair singer  Trainer", run by Robert Kiyosaki's friend and Rich Dad Advisor, Blair Singer (right). It is part of a series of courses organised by Millionaire Mind Intensive trainer, T Harv Eker. In fact, Blair Singer taught T Harv Eker how to present and sell from stage. Just so you understand, T Harv Eker makes around £500,000 every weekend he talks. Fair enough? Read on ... I have to say this course was very very good for anyone who wants to grow their business through speaking. It all culminated in an exercise (or three) I have promised not to reveal so as not to spoil it for others.

It really is all about how much you believe in your service/product, because if you truly believe your service/product will be of benefit to someone you will do whatever it takes for them to buy it. Some of you might balk at this, but just imagine you had the cure for cancer. Would you not sell it or would you make sure that everyone who had cancer bought your product because you KNEW that it would cure them? Of course you would. You would sell loads, wouldn't you? Maybe your challenge is just with the word 'selling' in which case just change it to "promoting" or "sharing" or "helping". Change the meaning you give to it and a whole new world will open up to you.

Peter Roper The number one fear in the world is public speaking (number two is walking into a room of strangers and death came third - there's even a book with the title, "and death came third" written by my friend Peter Roper.) Most of the problem comes from the irrational fear that people are judging us. I always remind people that in the same way as you might think something about someone else, this soon gives way to thinking about the problems in our own lives. In other words, don't worry about what people think about you because they have their own shit to worry about - they don't have time to think about you.

This much I knew but what gave it a new spin for me can be best explained in the words of T Harv Eker himself, "you can choose to sell to people and stay poor and some people in the room won't like you. or you can sell to people and become rich ... and some people in the room won't like you. Which one do YOU prefer!?"

Tony Robbins talks about how when he started working for Jim Rohn selling Jim's personal development Home Study Courses, he was the top sales person because he was so adament that people had to buy the course because of the difference it had made in his own life. He KNEW that if they listened to it then their lives would change for the better also .Even when people said no, Tony would tell them that they didn't understand and that they had to get hold of them. Because he had more certainty he made the sale more often than not.

So that really begs the question, how much do you really believe in your own service/product? On a scaleBelief  of 1-10, 1 being low and 10 being high, if you are below a 6, then it is time to look for a different product to sell. If you are between 6 and 8, all you need to do is to remind yourself of the benefits that the product gives to others. and if you are at a 9 or 10, that is the only place to be in my opinion.

Just one line for people who think they aren't selling. If you are in a job - you are selling yourself to your boss, every ... single ... day. Realise that your boss is your number on customer, even before your real customers!

£10 note Actually this whole topic reminds me of another story I heard. A speaker was giving a talk to 10,000 people - must have been a network marketing crowd - on how important it is to 'ask' if you want something, advice, directions, help, how to become wealthy etc. He then asked everyone to get out £10 and told his crew to hand out envelopes. Asking everyone to place the £10 into the envelopes, he asked the envelopes to be collected. He then said, "I have just collected around £100,000. And I am going to keep it. And you know why I am going to keep it? Because I asked for it. THAT is the power of asking. If you think that this lesson was worth £10 then go from here and apply it. And if you don't, then you can come to the front and your £10 will be given to charity".

Wow.

This week - family Wealth Week

We are having 2 evenings this week dedicated to teaching you and your family about financial wealth. So come and join us. Ideal for teenagers starting at 14. www.wealth-workout.com/freeseminar

Until next time.

Marcus

demarim on August 10, 2009 in General Wealth creation | Permalink | Comments (0) | TrackBack (0)

Tax Liens and update

Here's something that I am studying right now which you are going to like a lot.

Tax liens They are called tax liens. Now before you fall asleep it is worth taking just 5 mins to read this stunning piece of information. This can be done by anyone in the world, using the internet, from their own home. Here's how it works. A property owner in US fails to pay his property taxes (property taxes are used by local authorities to pay for schools, road, garbage collections etc.).

The local authority is only interested in one thing and that is getting the taxes to be able to do its job asap, so it sells off the taxes in the form of a 'lien'. If we, in UK, buy the tax liens the local Govt gets its taxes and in addition, we get anywhere between 8% - 25% a year interest for paying the tax for the property owner, depending on the State.

If after 3-5 years of receiving 8-25% a year for doing next to nothing, and the property owner still hasn't paid his taxes, then you could get the opportunity of obtaining the house. All this costs you is legal feesTax liens 1 and the taxes you already paid. let's take an example. A property owner has a house worth $100,000 but fails to pay the taxes. You buy the lien for $1,500 and receive 8-25% interest a year. In year 2 again he doesn't pay his taxes so you buy the lien for $1,700. In year 3 the same scenario occurs and you pay $2,000 and of course receive interest on that. After around 3 years depending on the State, you can then proceed and claim the property and the lien wipes out the mortgage on the property. So by paying $5,200 and some legal fees, you could have a property worth $100,000.

But we are not really after the property - that would just be the icing on the cake - what we are really after is the 8-25% a year on our investment.

This is only a quick overview and there is of course a lot more but if you are interested in finding out more, then please email me at marcus@investment-mastery.com and I will keep you up-to-date as I am researching this and how it works for me.

Monthly meeting summary

All I can say is that the meeting saw over 40 graduates come along on a Sunday to experience the power of Momentum. We discussed oil and forex trading, tax liens, live wealth coaching and much more.

Liveblood We even had a 'live blood' specialist come  in and take a sample of someone's blood to show us the blood cells bouncing around, which was fascinating stuff.

We had a great session with the stock market graduates, covering stocks people were looking it, how to place trades, how to use the broker site faster and more effectively and some people sharing how they have gone live and already clocked up a couple of 8% trades. It all finished with an internet marketing/social media training session for the Business In a Box members run by one of our top graduates, Kofi Oppong.

A huge part of financial success is all about momentum, keep going, never give up, seize the opportunities when they appear and the power of  a supportive environment by building up an essential team. That is why the monthly meetings are so invaluable, as they supply an abundance of the above to anyone willing to participate.

What is happening this week.

We have 3 F.REE stock market preview evenings this week so if you haven't been yet then make sure you attend by finding out more here

On Friday we have a mentoring day teaching forex and oil trading and we even have a F.REE evening on that coming up (not for beginners) next week. You can find out more here

Then at the weekend we have the actual stock market workshop itself.

That's quite a week but we're looking forward to it. See you there?

Thanks

Marcus

demarim on July 20, 2009 in General Wealth creation | Permalink | Comments (0) | TrackBack (0)

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