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3 Secrets Of The Wealthy
- 1. 3 Secrets of the Wealthy How They Create and Preserve Wealth Through Real Estate Investments Presented by: Brian Bogaert
- 10. Leverage Example Starting Capital: $100,000 Average Return/Year: 10% Term: 5 Years Result:? Stocks Amount purchased: $100,000 - $2,500 (fees) = $97,500 Value after 5 years: $146,250 minus fees = $145,275 Gain of: $45,275 Actual annual return: 9.1%
- 11. Leverage Example Real Estate Amount Purchased: $100,000 capital 25% down = $400,000 revenue property ($300k mortgage) Value after 5 years @ 10%/year: $644,204 Sell for $640,000 minus Realtor/Lawyer fees = $600,000 Pay mortgage and still left with $320,000+ (Principal pay down) Plus, $500/month cash flow for 60 months = $30,000 Total: $350,000 Actual Annual Return: 50%
Editor's Notes
- My name is Brian Bogaert and for the next 40 minutes, I’d like to talk with you about something that is extremely important to all of us – MONEY! How many people here want to work at a job till the day they die? How many people plan on retiring and taking it easy? How many of you would like to not have to get up and go to a job everyday, but instead take on projects you enjoy, create something, or volunteer your time to a worthy cause?
- Please turn down pagers or phones. This presentation will be high level informative and their will be an opportunity at the end for you to sign up for more detailed sessions.
- I am not an advisor, I’m an investor.
- What age group has the largest number of people entering the work force? 65 and over! How many of you here have retirement plan aside from your pension from the hospital? How many of you have a spouse that invests for retirement outside of a company pension plan? How comfortable are you that the managers of your plan have your best interests at heart?
- Put up your hand if you believe your Bank wants you to be rich? How many people here have an advisor from your Bank managing your money? It’s time to start asking some serious questions…
- There are good financial advisors but like any other profession, there are not that many of them and the good ones are often in demand. Many advisors just push whatever the Mutual Fund managers tell them to or what pays the highest commission. In a quote from Fortune magazine on a study they did back from 1985 till now, only 4% of Fund Mgrs have managed to beat the index of the stocks they were investing in. Their job is to beat that index and you pay them handsomely to do just that.
- And personally, I would have leveraged the $100k further by purchasing more than one property! This is a smile example You think this is unrealistic? I just sold a rental property for $560,000 that I purchased 4 years ago for $305k. I had less than $80,000 down and that property was making over $1000/month in cash flow. That’s over 100% ROI per year!
- How do you get educated? We’ll cover that in our detailed seminars.
- Risk is the key to Wealth
- Study done a few years back by a U.S. University. Charted all the stocks ‘recommended’ by analysts. In a three year period, if you listened to the analysts, you’re returns would be -30%. Had you done exactly the opposite of what they said, you’d be plus 40%. Many brokers just parrot what the analysts tell them because they make money doing this.
- How many of you have been happy with the performance of your mutual funds over the last couple of years? How many of you have seen your RSP shrink dramatically, almost to the point where your retirement could be delayed? I heard a speaker recently who suggested that the single biggest thing the securities commission could do to help investors would be to force companies to post the fees they charge with each investment choice. Guess who doesn’t want that to happen?!
- We can show you some methods to capture your goals, evaluate risk, and then identify investments that fit in your comfort zone and can allow you to realize your goals
- There will be a sign-up sheet at the back as well as a questionnaire to be filled out and returned to us.