The Rightful Financial Education You Were Wrongly Denied. Dr Tomkins explains how investing in the property market can make anybody wealthy. When deciding on the best way to invest your hard earned cash, it can be difficult to know where to start. To the uninitiated, the wide variety of methods can be quite bewildering. Whether it’s stocks and shares, bonds, cash savings accounts, pensions or real estate, I suspect that many are simply intimidated by the murky jargon of the professionals to believe that they could educate themselves about this important aspect of their financial lives.
So they say things like “Oh I don’t bother myself with things like that! I don’t care about money. Money won’t make you happy, you know.” Oh dear. These are the voices of the wage slave. These are the voices of the collective consumer mentality. These are the voices of those who lack the self confidence to educate themselves about how their money could be working for them while they sleep. Of those who believe that they will be sacrificing their precious time for money, grafting for every penny until they retire a decrepit 70 year old, before shuffling off to take their reward in heaven or wherever. The simple fact is that if you don’t acknowledge your own ignorance of finance and investing then you can never move forward. After all, most of us never attended dedicated lessons at school entitled “How to become wealthy; How to invest your money for maximum return; How to avoid becoming a wage slave”, etc etc etc. That doesn’t make us stupid or mean that we can never make sense of these questions and concepts. If no one ever told you, how on earth can you expect to know? There’s no shame in admitting to yourself that you haven’t had a good grounding in the basics of handling and investing your money. No shame in admitting that you’ve never been told how to avoid the dreaded “consumer trap” and become a wealthy entrepreneur. No. This is the fault of the education system not mine or yours. So having established and accepted that you have never been properly taught how to create a passive income or wisely invest the money that you do have, you have overcome a major hurdle in your life. Indeed, you were so wrapped up in your everyday life that you probably never even realised that barrier was there in the first place. Most people will never even notice the hurdle.
What are you going to do to overcome the next one, which is the now glaringly apparent fact that you need to learn about how to make good money and invest your money wisely? Well you have a number of choices and the best place to start is online. There is a wealth of information online about all manner of investment strategies. However, you need to know that the information that you are getting is of good quality. No-one wants to waste their time reading a load of old rubbish. Why not start with the personal finance sections of the BBC website or Daily Telegraph, for example and go from there. However, I believe that property, AKA “real estate” is the best investment choice for the average person today. Even though we are in a property market dip in 2009, property prices always go up in the long term. Take any 20-30 year period over the past few hundred years and you will not find one that has failed to show substantial capital gains in the property market. The thing is, property has to increase in value, pretty much in line with inflation. Imagine if property prices had stayed the same for 20-30 years! Current process would be super cheap and everyone would be buying their own home outright so the mortgage market would collapse. If you think that our Credit Crunch is bad, imagine what would happen if the banks couldn’t lend mortgages. Where would they get their money from? How could they survive? How would the global financial system function without banks? Would people slog their guts out every day if they had no mortgage/ rent to pay? I doubt it, so who would be doing all the work, eh? I think you get the picture. Esentially, property has to go up in value over time for the sake of society. This alone will guarantee you excellent capital gains but in addition to that your rental income will increase too, so you get exponentially richer and can hopefully give up work. I’ll develop this theme in some of my other articles but I hope that this has fired up your interest in learning about property investment. It’s undoubtedly the best way to pave your way to riches and financial freedom but you do need to learn how it’s done. As the old saying goes: “When the student is ready, the teacher appears”. Now visit http://www.TheSixFigureMentorsOnline.co.uk to claim your FREE 7 Day Video Bootcamp to learn how you can easily make money online today PLUS how to claim your FREE DVD.