kincella
10-01-2009, 10:12 AM
copy of a post I made on another site today...to make you think....
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just read parts of Jan Sommers 'building wealth in changing times'...it was first released in 1994.....
I did not buy it until 2002, after I had purchased the bulk of my props....and only then because of all the gush surrounding the book.....and to see how her methods compared to my own assumptions....
interesting reading parts of it again....less than 10% of the population invests in property,
the following is extracts from her book
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then there are all the excuses people have for not investing....here are just ten of the main excuses
1. I am afraid to borrow money (the most common)
2. I cannot afford to ( the next most common)
3. waiting for interest rates to go down
4. I might become unemployed
5. waiting for house prices to go down
6. waiting for inflation to go down
7. waiting until I have saved some money
8. too many people in property already
9. waiting for the right time
10, my friend, spouse, uncle, or grandfather don't think its a good investment
*** FEAR of all or any of the above
Human nature
apathy, inertia, laziness, lack of time, lack of confidence in one's own ability to make decisions
90% of the worlds wealth is in the hands of 10% of the population....
that 10% overcome fear,inertia, and lack of confidence, and go and do something about it....
% of the population
.................................................. ........
some or all of the above sound familiar to you ???
well most of it comes from the bears .....they all have some excuses or many excuses.....and it comes in the form of the arguments they have against property as an investment......
hence the reason there are so few property bulls....less than 10% of the population invest in property....90% do not...
but 70% of the population buy their own home.....
I think its funny
end of copy
.................................................. ..............................
.................................................. ................................................
just read parts of Jan Sommers 'building wealth in changing times'...it was first released in 1994.....
I did not buy it until 2002, after I had purchased the bulk of my props....and only then because of all the gush surrounding the book.....and to see how her methods compared to my own assumptions....
interesting reading parts of it again....less than 10% of the population invests in property,
the following is extracts from her book
.................................................. .......
then there are all the excuses people have for not investing....here are just ten of the main excuses
1. I am afraid to borrow money (the most common)
2. I cannot afford to ( the next most common)
3. waiting for interest rates to go down
4. I might become unemployed
5. waiting for house prices to go down
6. waiting for inflation to go down
7. waiting until I have saved some money
8. too many people in property already
9. waiting for the right time
10, my friend, spouse, uncle, or grandfather don't think its a good investment
*** FEAR of all or any of the above
Human nature
apathy, inertia, laziness, lack of time, lack of confidence in one's own ability to make decisions
90% of the worlds wealth is in the hands of 10% of the population....
that 10% overcome fear,inertia, and lack of confidence, and go and do something about it....
% of the population
.................................................. ........
some or all of the above sound familiar to you ???
well most of it comes from the bears .....they all have some excuses or many excuses.....and it comes in the form of the arguments they have against property as an investment......
hence the reason there are so few property bulls....less than 10% of the population invest in property....90% do not...
but 70% of the population buy their own home.....
I think its funny
end of copy
.................................................. ..............................