You are currently browsing the category archive for the ‘21st Century Academy’ category.
How to do well in an economic downturn and why those who invested into a financial education years ago are well positioned financially to profit from the Global Crisis.
Many uneducated investors may be asking how they can do well in a downturn.
However, 21st Century Members who have followed the fundamental financial strategies taught to them at 21st Century over the last decade would be outperforming those who have neglected a financial education.
Why?
It’s simple.
21st Century Members have been taught to use property as their cornerstone investment and the share market for cash flow generation in addition to property amongst other strategies.
Not to mention building online business and negotiating pay rises etc
Well, those who have invested in real estate over the last decade would not only have done well, but would be enjoying record low interest rates now and high rentals generating positive cash flow on their portfolio.
Plus where the share market has crashed up to 50% since its peak in November 2007, these property investors have been sitting on only a mild 3% decline in property values since the share market has crashed [except top end properties and holiday homes which have dropped more significantly.]
This isn’t to beat up on shares, but is why 21st Century teaches property as the cornerstone investment and using shares as an additional cashflow generator.
Thus those who did also use shares and insured their portfolios would also have been protected or the more sophisticated investors would have done nicely from the current volatility in the share market and the record high share renting premiums that have never been better in my investing career.
But what if the property market crashes?
There is some, such as Professor Keen of Sydney who are predicting Australian Property will crash up to 40%.
Personally professors are professors for a reason, they are good at theory but in this case that’s about it.
They don’t understand the fundamentals of property.
There is greater chance the property market will boom 20% then crash 40%.
I said this some time ago and now look what’s happening.
The property market in Australia hasn’t crashed and now the bottom end of the market is booming again.
This doesn’t mean it will remain this way, but let’s look at some facts.
1. Australian property leveled out in 2003, unlike US and UK which kept climbing to 2007. If ours had as well then yes we may have suffered a 20% decline almost as bad as UK and US but it didn’t
2. Our interest rates are at a 30 year low. If property was going to crash then why would it crash when it’s cheaper now to hold property than ever? I mean it would have crashed when interest rates were 8 plus % a year ago. Interest rates dropping to 5% doesn’t cause a property crash
3. Australian homes are too expensive. Maybe, but they have been for decades and kept going up. Plus, now Australian homes are the most affordable they have been in a decade, with homes becoming more affordable this doesn’t cause a property crash. It causes a possible property boom, as is now happening in the bottom end of the market.
4. But we are in a recession, thus property will crash and there will be increasing unemployment. Really, if that’s the case how come Australian Properties actually rose in the last two recessions, even when there was much higher unemployment then we have experienced yet? Plus in the 90/91 recession we had skyrocketing interest rates and unemployment and property still increased.
5. Banks have tightened lending. True
However, our banks are the strongest in the world and we didn’t do subprime lending like the US thus our default rates are low, plus banks are still lending even if it’s tighter.
6. Australia has an ever increasing population both now from migration at record levels and new births and we’ve had a construction industry not building enough new houses for years. Actually within 3 years we could have a massive 250,000 shortage of homes. Doesn’t sound like something that will cause houses to drop 40%.
Put it this way if Australian Property crashes 40% then it won’t be for the reasons the so called “experts” predict.
It will be from a total economic meltdown and even then property will most likely outperform.
Example
The world has been on the edge of total economic meltdown for some time now and what’s happened to the share market?
It’s crashed up to 50%
What’s happened to Australian Property in the same time?
It’s dropped 3%, except for the top end which continued to boom from 2003 to 2007 thus only retreated from the extra gains it made or areas that continued to boom since 2003/2004 have retreated some of their gains, ie Perth and some parts of Queensland in particular.
No one knows what the future holds, however the money investors have had to go somewhere. And those who invested the most into property in the past would have to be very happy now. It’s proven to be a good investment in good times and a solid performer in extremely tough times.
How much more could we ask of an investment, other than something totally guaranteed that you’ll never get, property has been the next best thing.
And combined with the knowledge of how to suck out cash from the share market right now a smart educated investor can do very nicely from the current economic meltdown.
21st Century’s Homestudy Membership is tailor made to teach you how to do all this and more and very successfully. With the right education you too can discover the fundamental strategies taught over the last decade and could be outperforming those who have neglected a financial education and others relied on the dangerous advice of Financial Planners trying to sell investment services. Why listen to someone who earns a commission on your investments rather than paying for an education and getting unbiased investment knowledge.
As a 21st Century Member you will have access to a variety of strategies, taught by specialists in the fields of Property and Share investing. The 21st Century Homestudy Program will show you how to best extract wealth from the current environment and how to combine property with cash flow strategies in the share market ideal for the market place right now.
Here’s some reasons why you shouldn’t delay in becoming a 21st Century Member…
| SUCCESS STORY TESTIMONIALS |
| I would like to say a big THANK YOU from my family and myself for all that you have done, still do and (no doubt) will continue to do. Your book (the first one) was only the second book that I had read in twenty years and when I had finished, it in less than two days, I sat down and cried knowing that I had just found HOPE. I knew if I had nothing but the shirt on my back everything was going to be all right from now on. Not just for me and my family but for those less fortunate and unable to help themselves as I knew I was about to acquire knowledge, guidance and strategies to enable me to do so. THANK YOU. Martyn Barnwell |
| Hi Jamie, It has been a year and half since we purchased your home study. When we watched the free DVD we were convinced that something needed to change in our lives and even though it seemed like a lot of money to spend at the time we thought doing nothing would cost us a lot more in the long run. Even though it was a struggle to pay for the home study it was the best money we have ever spent (EVER). We attended the four day seminar in November 2008 at Gold Coast – since then our lives have totally changed. There has been so many opportunities open to us that we didn’t even know existed. One of our biggest goals was to retire from a J.O.B. (Just On Broke). At age 28 and after a year and half of purchasing your home study we have both sacked our employees and have retired from a job!!! WOOO HOOO!!!!! I would not hesitate to recommend anyone purchase your home study – it has been the best investment we have made!!! I wanted to send this letter to say THANK YOU!!!!! If it wasn’t for you wanting to help others this would not be possible. You are one incredible person to dedicate your time to help other achieve their goals and to make the impossible possible. Words can’t describe the gratitude and appreciation we both feel towards what you have given to us. Thank you!!!! Dennis and Julie |
Ready to achieve the same success? ENROL NOW!
| SUCCESS STORY TESTIMONIALS |
| Kia ora, I have used the home renovation strategy 2006-2007-in Dannevirke – creating more equity ie $80+k less 20% re: bank requirements. The home was originally valued at $70k & re-valued at $152k – it was run down & in need of renovating. After doing all the research about what jobs needed to be completed, I used $15k from bank account, a GE Finance card 100 days $10k interest free, visa card & mastercard. I ran-up $30k of debt on the 3 cards. I used my $15k to pay the builder, painter, plumber & electrician. Once the job was completed, I got the home re-valued. This generated a new valuation of $152k, creating $82k in equity. 20% was deducted as per bank requirements – $30,400 which left $121,600 minus original valuation $70k which left $51,000 equity. I repaid the $30k to the 3 credit cards. This left $21k in equity. With this equity I purchased another home in Te Karaka where I currently live. Althoug h the equity was not substantial I was able to renovate my Dannevirke home, pay-off my credit card debts & purchased another home in Te Karaka. Therefore, I have assets now worth approx $300k. After renovations I rented out my Dannevirke property. Prior to the interest rate increases I was $18.00 positively geared. Afterwards I became approx $130 negatively geared. Now that the interest rates are slowly coming down I am now approx $100 negatively geared. – you get no B.S. from me… Michael Haami |
| Since reading the book I got a line of credit on my House and started trading the stock market in blue Chips. To date since Late November 2008 I have made a profit in excess of $98,000. I would like to get more details on financing real estate to help my sons and daughter. I plan to come to the 4 day seminar in Melbourne . Any advice you can give me would be greatly appreciated. Kind Regards David Ross |
Take Action! ENROL NOW!
| SUCCESS STORY TESTIMONIALS |
| 10 years ago I did the Homestudy Course that 21st Century had and with as little as $3,000 I started trading and in 2 months turned this into $20,000 then turned this $20,000 into $50,000 the next month. Now I pull out of the market each week using this $50,000 bank average $40,000. If I had a bank of $150,000 the weekly turnover would be in the vicinity of minimum $80,000 – 150,000 to a trader who has at least 2 -3 years experience. Just want to thank Jamie for awakening the Entrepreneur in me that was laying dormant before I did the Homestudy Course. Cheers Vern Taikato |
| Hi guys, I signed up with 21st century academy in 2007. It has been an amazing experience for me to be part of 21st Century and it has taken my life (in only 1.5 years) in so many great directions, meeting so many amazing and inspiring people and being able to help others to reach their goals. Thanks again for everything you offer and I hope that I will be able to join you in helping others create wealth in the near future. Kind regards Kevin St Mart |
Plus as a 21st Century 5 Year Member, you will be able to take advantage of our 4 Day Education For Life Events, to be updated with the current economic environment and how to navigate successfully through these very interesting times. The live 4 Day event accelerates what is taught in the 21st Century Homestudy Program.
Read To Take Action! ENROL NOW!
OR
Please contact our Member Support Team:
Email: membersupport@21stca.com.au
Phone: 1800 999 270
Yours Sincerely,
Vivienne Warren
Customer Service Manager
21st Century Education
www.4daybonus.com
//
If you have ever wanted to START YOUR OWN INTERNET BUSINESS, MAKE MONEY ONLINE or have a new stream of income -you will NOT want to miss this once in a lifetime event…
Join us for this extraordinary event before your place vanishes forever
Plus for the first time ever, Jamie will teach his business building strategies that enabled him to start a business no-money-down and create millions of dollars in net worth. This includes, how to sell businesses in multiple ways such as licensing, franchising and even listing on the share market. One of Jamie’s friends recently left his job to take on a distressed concrete company No – Money Down and turned it into a $US60 Million Dollar company in just two years.
Building a business is the fast way to create serious wealth, and using the Internet is the best way to do it without needing capital to start.
OK. Let’s talk a little more about the investment required. For any Franchise Business you buy, you would be looking at a minimum of $250,000 plus. If you were to start a business from scratch how much would you pay in plant and equipment? Now you can learn from the leaders in the world of Internet marketing for a fraction of the cost.
Special $1,995 Bonus Free for 21st Century Homestudy Members
If you are a 21st Century Homestudy Member it’s free to attend any Internet & Business Mastery Seminar, saving you $1,995. However, there is limited seating so to reserve a seat before member allocated seats fill up, book now!
Special Spouse Bonus, Valued at $1,995
If you’re a 21st Century Homestudy Member and book your free ticket in the next 21 days you get a $1,995 Spouse Ticket for FREE, plus a teenager ticket for FREE!
Go to www.21stcenturyinternetsummit.com for upcoming seminar dates or to register your free ticket now! Or phone the seminar booking line on 1800 100 801 or if you have any questions please phone our member support team on 1800 899 740.
After arriving into Sydney yesterday morning we change our flight that was booked straight to Melbourne to fly to the Gold Coast instead where I live most of the time and the remainder of the time in Melbourne.
After 11 days of parties and holidays, I feel I need at least one day to rest and relax at home on the Gold Coast, on the water is the most ideal place for that.
I only moved there from Sydney at Christmas. Time for a change to see if I’d like the slower pace.
I can say it’s been ten times better than expected and I think it will be hard to get me to leave the Gold Coast.
I’m fortunate enough to have a Tennis court at the house and being a tennis fan I have my friends over every Wednesday night for a big night of tennis which is always a blast and quite competitive.
One of my mates, after playing with us for a few weeks, we discover he used to be a professional tennis player and had been pretending not to be able to play that well, but always managing to beat us when it counts.
So now he has become a free tennis coach to many of us who are all trying to improve our game secretly to beat the others next time around.
I’ve managed to lose 5 kilos from playing tennis in last 2 months alone so it’s also great exercise.
I also have a salt water pool which I like to swim in regularly as swimming in the canal is out of the question without due to the aggressive bull sharks, and I have an outdoor Jacuzzi which is my place to relax and is a form of meditation for me.
I also have a great gym room, however it doesn’t get used nearly enough.
My typical day generally starts with going outside to the tennis court to collect the papers that are thrown over the fence earlier in the morning.
I’m an avid reader so I’ll generally start the day reading the Financial Review on my outside lounge overlooking the water while having breakfast.
And I also read the Australian Newspaper.
Plus I have the Sydney Telegraph delivered as well as I’m a mad rugby league fan and it’s the best paper for reading all the football action and following my beloved bulldogs.
It used to be a dream to one day be able to buy the Bulldogs football team, however after seeing how much Russell Crowe losses every year financially since buying Sth Sydney, and after Richard Branson shared how expensive it was when he owned a Rugby League team in London known as the London Broncos, I’ve decided remaining a supporter rather than an owner is a much better idea.
After breakfast I often go for a swim in the pool and then head into my home office to do some work.
I don’t use a computer whatsoever as I have all my emails come to my blackberry so often I’ll work on my deck lounge outside overlooking the water.
I don’t take phone calls whatsoever unless a special phone meeting is planned or my mum calls as I feel phone calls waste my day.
I’ve trained all my managers and business partners to email me as they will get a response much quicker than if they phone.
With email, I find it makes people think first what they need and allows others to get back to them when they can rather then play phone tag all day or to forward it on to others to deal with.
This year I’ve cut my workload back dramatically, and many days now I’ll deliberately do very little work and I’m learning to get over the guilt of not working all the time, which isn’t easy for high achievers who often feel like they must be doing something.
What I love about the Gold Coast is it’s great to jump in my Ferrari and drive down to the beach and go for a swim and just be present and content doing bugger all.
I can see why surfies are so into their lifestyle as its very fulfilling not that I can surf.
I am taking lessons though. So my days aren’t always typical.
For one week a month I’ll generally be in Melbourne at our Head office.
And one day every 5 to 6 weeks I spend with my managers doing management meeting.
I think we should film these meetings as it would make a great reality show.
The dramas and day to day challenges of running a group of companies is never boring and I’ve found managers meetings to be very productive.
Every manager gets their turn to present to all other managers what their division has accomplished since the last meeting, their targets for the month ahead and any challenges.
Then anyone can ask them questions and this is where the fun starts as its hard for a manager to BS a whole room. So if they are telling a story that others don’t buy, which most people do at times due to their limiting beliefs, then this becomes very apparent and gives some managers a quick reality check to see that maybe their reasons things can’t be done are not valid and it is possible to improve results.
It is also invaluable for managers to understand what’s happening in each department and company and how this all affects everyone and to get the team working as a team and not against each other.
Generally, one day is barely enough and meetings tend to go to 7pm and sometimes as late as 9pm.
Also every 6 weeks I’m generally doing a seminar so that takes a week out of my schedule, the time I arrive on the Wednesday or Thursday before and finish on the Monday.
We always have a team party on the Monday night of 4 day seminar, which are a total blast where the team can celebrate their 4 or so days of hard work and little sleep.
We generally have a DJ and caterers and the partying is still usually going by 3am in the morning.
The parties in Fiji and Queenstown are generally the wildest and the 21st Century team love to dance and party hard.
It’s also a good time to recognise top achievers and speakers and we have the Academy Awards and prizes given out.
Some of the awards are very funny and it’s always hilarious.
It’s certainly not a typical corporate boring culture, but more of a family friendly culture which I think the team love as opposed to many jobs which are bland and boring.
Maintaining this culture though as the Group has grown to over 100 staff, has been more of a challenge though.
The day after the 4 days finish we always do a team day where we take the team out on a boat to a tropical island when say in Fiji and play beach volleyball and other activities.
Or in Queenstown we always do the Luge riding down the mountain which is always popular and highly competitive and sometimes quite dangerous.
Several years ago one of my NZ business partners had to be helicoptered off the mountain after breaking his hip and many other bones in his body.
If you go to Queenstown Luge ride you’ll see a whole section of the track shut off and that’s why since he crashed there.
We used to have team days the day before the seminar until this accident but now we find its best the day after.
We also often go Go Kart racing as many of the team and speakers love to do this.
And Tuesday night sometimes are card nights where, what’s left of the team before flying home, plays card games such as cheat or better known as “Bullshit”
Events like Fiji or Queenstown I generally stay a week or longer after the event and holiday and many of the team and speakers do as well which is always a lot of fun.
We also invite our volunteer team who are past participants at our 4 day programs to help out at the 4 day events and join us for Team Party and Team day.
It’s a great way also for them to network with speakers and many of them have become good friends and part of the 21st Century family over the years.
March 12th Thursday
I’m flying off to Melbourne as I have a 4 day seminar to conduct starting tomorrow.
It’s the first major 4 day of the year an event I conduct about 8 to 10 of a year in Australia mainly and one in Queenstown NZ and also one in Fiji.
Seminars are very physically demanding as I start on stage from 9.30am and get off generally by 8pm.
In the early days, I used to do an entire seminar by myself and go till 1.30am in the morning. However these days I’ve learnt to pace myself and invite over 18 key speakers to deliver more content and mix the seminar up more. Now I ensure I am finished by 8pm at night and let the other speakers go til midnight or later sometimes.
It’s an intense seminar and participants have made massive life and financial changes as a result, and its one of the key reasons I still do the seminars despite the physical effort involved.
However, in saying that, I’ll be overseas living in Europe part of the year, and I have a dozen other companies to run. I’ve now trained someone else to do my segments at events and they’ve worked just as well, so this allows me to share some of the events with another great speaker who the attendees absolutely love.
My biggest goal is to get people into action at the events as I’ve only accomplished so much in life at a young age because I don’t talk about things, I just implement ideas immediately. I hear so many intelligent people think about it, and delay or hesitate, when all it comes down to is taking massive and immediate intelligent action. And then noticing what’s working and not working and continually refining ones approach until the desired result is achieved.
If you’ve never been to a 4 day Education for Life event , then I encourage you to check one out.
Apart from being life changing and empowering they are a lot of fun and a great opportunity to network with likeminded people
Visit www.21stcenturyacademy.com to check out dates and more detail.
