Your Questions on Facebook and My “Sad Truth” Answers
I received a few Facebook messages I feel is worth sharing because it will help answer the same questions many others are having. I broke the whole message down into the paragraph form and answered them.
I have seen many of your positing on value investment and how it can generate passive income for you, but i always have the impression that whatever little i have will not be sufficient to engage in any of those value investment principles taught in your program.”
Ken: It is a myth that you need a lot of money to start value investing because of two reasons.
a) Compounding Return. One of the most powerful inventions on planet earth. Let’s take a wager on an 18-hole golf game for example. If you bet $1 on the 1st hole but double up every hole after, it will look like this:
1st = $1,
2nd = $2
3rd = $4
4th = $8
5th = $16
6th = $32
7th = $64
8th = $128
9th = $256
10th = $512
11th = $1,024
12th = $2,048
13th = $4,096
14th = $8,192
15th = $16,384
16th = $32,768
17th = $65,536
18th = $131,072
At the 18th hole with $131,072 on the line, even the top golf pro will take a second breath before putting a shot! But hey, didn’t we start off with only $1 at the 1st hole? This leads to the second reason why value Investing is extremely powerful.
b) Tipping point. You can start with a small amount of money but with the right value investing knowledge and disciplined money money management, you will soon find your cash snowballing massively (see hole 11 onwards). The key toward financial freedom through investing is to start NOW with the right knowledge and mentoring. Note that I say investing instead of trading.
(P.S. Discover the secret to how you can compound your money by 15%-25% annually. Register for a free 2-hour seminar here at http://millionaireinvestor.com/free-seminar or call 6225-8480 to reserve your seats.)
Recently, my health has taken a toll and that got me started to seriously think and look at ways to generate some passive income should there come a day where I need to take a break from work. I hope that whatever little I can get will help my husband and not burden him further and that’s what prompted me to put aside all my fears and anxiety and send this private message to you.”
Ken: The sad truth is many people staying in Singapore CANNOT retire with the rising cost of living compared to our moderate growth in real income. I often share in all my seminars that one needs to be a millionaire in net worth (excluding the residential property you stay in) in order to retire at the age of 65 and live till 85 on just $1,500/month (in today’s value). If you want more, you need to be a multi-millionaire. This is not a joke and it is pretty damn scary truth. Inflation can kill your financial dreams. Come to my seminar and I will prove it to you.
Save every single cent from your paycheck. Don’t purchase anything, not even food. When it rains, drink “sky juice.” Now tell me, when are you able to save up to $1 million?! Now, ask yourself honestly: If you keep doing the same thing yesterday for today and hope for a different result tomorrow, isn’t that the definition of insanity?
Ok, let’s say you can’t retire at 65 and you continue to work, what kind of job can you find at age 65? Cleaner, security guard, McDonald’s cashier, tissue paper seller or taxi driver? Now, let me get this straight, all these are perfectly decent jobs but do they pay enough for you to live decently? If you are not aware, even jobs like these face competition from foreign talent (except taxi driving)!
In addition, reports have shown that many people suffer extremely poor health in the last ten years of their lives. This means that even if your spirit is determined to work for low pay, your body will not allow you to work. Not enough money, bad health and a low paying job… that is a pretty nasty triple combination to wipe you out totally! No wonder our country’s suicide rate is climbing annually.
Prevention is better than cure. To prevent this nasty triple combination, join us for a 2-hour seminar here at http://millionaireinvestor.com/free-seminar or call 6225-8480 to reserve your seats.
As I am not an investment savvy person, and plus the fact that I didn’t have good experience with some of those investment program I have been to before, I am now more wary of all the various program available in the market.”
Ken: Bingo! I agree totally. This is one of the key reasons why we started Millionaire Investor Program back in 2008 because we too were disappointed with the quality of wealth creation programs out there.
In fact, many are “Get Rich Easy”, “15 mins a day to earn few hundred bucks or 1%-2% weekly/monthly” kinda of concept. Worse still, some trading schools open accounts for their participants, encourage them to trade so as to earn their trading commissions with their tied-up brokers. This to me is highly unethical. Lastly, I still remember there was one person who even claimed to have “The Most Powerful Wealth Creation Strategy on Earth using Options Trading!” several years back. What happened to them now?
Nevertheless, we believe that instead of complaining of the rotten practice in the wealth training industry, we set out to be the benchmark and role model to create and deliver real sustainable value with integrity to people who really want to learn how to invest safely using the time tested and proven method used by many billionaires in the world including Warren Buffett: Value Investing.
We started the value investing training trend (Millionaire Investor Program) in Singapore in 2008 and many started to “model” after us (including SGX) and we take pride in it because we constantly innovate and take the lead to provide more sustainable value via different platforms.
Find out why over 3,000 program graduates have joined and learned value investing from us. Register for a 2-hour seminar at http://millionaireinvestor.com/free-seminar or call 6225-8480 to reserve your seats.)
“I believe that you are a person of integrity that really want others to benefit and are not just after the money from the sales of your program, and so i sincerely seek your advice, with my little modest amount of about S$XXk each in my special and ordinary account, would I be able to benefit from your program?”
Ken: The answer is a resounding “Yes!” because I will show you how I got my HBD flat for FREE with massive passive income while I sleep, The Warren Buffett way. No trading, no charts, no options. (Click here for proof: http://www.millionaireinvestor.com/how-i-made-400000-investing-with-my-cpf-part-4/).
What you need to do is simple — just register for your limited seats via http://millionaireinvestor.com/free-seminar or call 6225-8480 to reserve your seats now.
P.S. There is nothing to lose except 3 hours of fun, laughter and real value investing knowledge! See you in my office! 🙂Earning Disclaimer
“Please note that the material here is provided to you for general information and illustrative purposes only, or as descriptive case studies on how our value-investing principles may be applied. It is not intended to be and should not be construed as any form of general or specific financial advice. For the avoidance of doubt, we do not recommend or provide opinions on how or what you should or should not be investing in, and you should always do your own research and independent assessment before making any investment decisions, taking into account your own specific circumstances. If you require any financial advice on investments or any other financial matters, please consult the relevant professional financial advisers.”