Showing posts with label fear. Show all posts
Showing posts with label fear. Show all posts

Saturday, August 14, 2010

What do you fear?

Watch this quick video by Philip McKernan (there is a bad word! don't watch if you don't like them)

Tuesday, January 12, 2010

Fear and the Investor: Types of Fear 1 of 4

We are born with only 2 fears in our inherent make up; the fear of falling and the fear of loud noises. Their purpose is to keep you alive by alerting you to danger. All other fears are learned. Fear is often connected to pain e.g. some fear heights because if they fall, they may suffer severe injury or even die upon landing.

Ok, so you're not about to get your leg torn off by a rouge shark and bleed to death on a nameless beach in the tropics. But there are a lot of scary things going on in the world today; not surprisingly, there always have been and always will be. Now, let's break down a few of these fears in relation to investing.

3:AM-Keep-You-Up-at-Night-Pain-in-the Gut-Fears:

MONEY
  • Losing all your money -Becoming destitute or at least losing what you've built up
  • having enough money to invest- Scarcity, afraid that you can't get started
  • Not being able to enjoy retirement -Having to eat cat food not only for breakfast, but also for dinner
  • health costs -Can't afford to go to the doctor
  • Stock or Real Estate crash -Have all your savings wiped away
  • Losing all your money -Being taken advantage of by a smooth criminal
  • Inflation -Rising costs and taxes are pretty much inevitable

KNOWLEDGE AND EMOTION
  • Fear of not knowing enough -Afraid you'll make the 'wrong' choice so you do nothing
  • Fear of taking action -Scared if you do, scared if you don't
  • Fear of failure- your friends, family and maybe even you will see yourself as a loser if you don't make it
  • Fear of the market- the economy is awful right now, how can I ever expect to make a profit? A.K.A 'I don't know the market well enough', 'I'll buy at the bottom'

SUCCESS
  • Fear of succeeding- Fear that you will accomplish all that you set out to, but that you still won't be happy, content, or satisfied once you reach your goal
  • Fear of losing what you created- your accomplishments can self-destruct at anytime.

Wednesday, February 25, 2009

Time Is Money

Or better phrased; time, knowledge and action create money

I'm going to save you the trouble of wading through a long page of B.S. to dig out the nuggets of truth that can help you.

My goal is to partner you with equity building Edmonton, Alberta Oil Sand Real Estate, putting strong appreciation and cash flow into your investment portfolio.

Depending on where you live and what you've invested in up to now you may have varied views on stocks, currency trading, precious metals and real estate. Some are essential parts of a balanced portfolio, others, a fast way to losses if you don't know what you're doing.

In the current economic environment, owning hard assets that will be in demand and provide income regardless of which way the economy goes makes a lot of sense.

Owning cash flowing revenue property is a solution to the dilemma many North Americans are now facing; “Where can I park my money where it won't disappear overnight and I still have steady growth?”

These investment properties take the major risk factors out of the equation, while providing you upside potential returns normally associated with higher risk investments. You can sleep at night while your money works for you.


Three Profit Points:

Positive Monthly Cash Flow
Equity Pay Down
Capital Appreciation

If you lack the time or expertise needed to operate a revenue property successfully, don’t worry – that’s what I do. All of our investments are joint venture partnerships. I’m committed to make you a decent return. Frankly put I earn my profit from the success of our partnership, so if you don’t make money, I don’t make money.

I’m I nice guy, but I don’t work for free.

Ready to get started – Click Here

Thursday, August 28, 2008

The Mindset of Winning Real Estate Investors


"Too many of us are not living our dreams because we are living our fears." Les Brown





As I write this article the headlines in the paper are screaming bad news. Oil is up to $147, then down to $115, war in Afghanistan, Russia, your backyard wherever threatens us. Hurricanes, earthquakes and tidal waves all add to the turmoil. South American and Middle Eastern leaders turn on and off the oil tap at their whim, playing with the economy as they would a spoiled child. Healthcare is bankrupt, layoffs are eminent. Riots erupt in protest for cheaper medicines. Food prices are soaring as we turn to making bio-fuels because our planet is dying; global warming is cooking the penguins alive - but no-one will eat them because they're all vegetarians.
America slips into a recession, or a depression if you’re feeling especially gloomy. The U.S. housing market is so bad that bankers in Detroit can barely give a house a way for a dollar- then when they finally do, half of the derelict property has been stolen; metals melted down for money, wood burned for fuel...

It is enough to make you scared isn't it? There is a lot more to be pessimistic about too, especially if you watch TV or read the papers regularly. But, that's not the only story. As overwhelming as it all seems sometimes, it's not so bad.

One of the scariest things I see people doing these days is sitting on their money, frozen in fear. Afraid to lose their fragile nest egg by making a bad investment all the while it erodes away, slipping into the hungry mouth of inflation. Read More

Thursday, November 15, 2007

Fear Doesn't Equal Paralysis


What were you afraid of last year? Do you even remember?


Yesterday I was driving to a meeting and listening to my newest REIN CD's. REIN is a real estate investment group that focuses on Canadian specific real estate investing led by bestselling author Don R. Campbell.

REIN has monthly meetings across Canada but because Todd and I are out of the country so often we get the meetings on CD sent to us at our Japan office.

No matter where you are you have heard of the Alberta Royalties Tax Revision and if you are an investor in Alberta then perhaps you are concerned about what will happen and how it will affect your properties. If you were thinking of investing but the Royalties are holding you back; then you must read on.

Don R. Campbell summed it up nicely. People worry every year, day and minute. There is a no shortage of things to worry about, many people let this stop them from acting. However, if you do let things stop you, you will never get anywhere.

"I can't invest now the _______ have ruined the economy/world" or "Everything is going to a hot place (I don't mean Tahiti) in a hand basket because_____!" can be the excuse de jour.

His Summary of 2000- 2007 will bring back memories:

2000 - Y2k
2001 - Kyoto Accord/9-11
2003 - SARS/ WMD's
2004 - BSE/ Bird Flu/ West Nile Virus/ US Terror Alerts
2005 - Tsunamis, Katrina/ London Subway Bombings
2006 - Oil Crisis $60 a barrel oil
2007 - Rent controls/ Royalties

Of course many were terrible events for those directly affected. How did they affect you then?

His point is if we let every monster under the bed stop us from acting where will we be when the Royalties are just a memory, like the rent controls are today?