100 Simple Solution Revised Apr09

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100 Simple Solution Revised Apr09

  1. 2. Our mission is to provide the utmost care in helping people reach their success in overall life.
  2. 3. Our Services
  3. 4. 100% Simple Solution
  4. 5. The Race Is On!
  5. 6. Use It While You’re Here...
  6. 7. Leave It When You’re Not Here.
  7. 8. The Ratio of Wealthy People to Less Wealthy People
  8. 9. The Financial Patterns of Life Do The Exact Opposite...
  9. 10. The Questions to Ask... <ul><li>Why? </li></ul><ul><li>How? </li></ul><ul><li>When? </li></ul><ul><li>Where? </li></ul><ul><li>What? </li></ul>
  10. 11. Possible? Is it possible to answer these 5 questions correctly 100% of the time?
  11. 12. Why?
  12. 13. Why?
  13. 14. How? <ul><li>Most People: </li></ul><ul><li>Never have a proper plan </li></ul><ul><li>Never use experts </li></ul><ul><li>Lend money </li></ul><ul><li>Think short term </li></ul><ul><li>Spend / Save </li></ul>
  14. 15. How? <ul><li>Have a proper plan </li></ul><ul><li>Use expert advice </li></ul><ul><li>Use other people’s money </li></ul><ul><li>Think long term </li></ul><ul><li>Save / Spend </li></ul>
  15. 16. Success stories
  16. 17. Money Sitting In A House Plan Expert advice Borrowed money Thought long term Save/Spend
  17. 18. When? Time is so valuable...
  18. 19. Where?
  19. 20. The Average House Story: A B
  20. 21. The Greatest Interest Story
  21. 22. RRSPs: Positives & Negatives <ul><li>Tax deductions </li></ul><ul><li>Long term growth for future income </li></ul><ul><li>Forced savings program </li></ul><ul><li>Eventually taxed </li></ul><ul><li>Limit on amount </li></ul><ul><li>No collateral advantage </li></ul><ul><li>Restricted Investments </li></ul><ul><li>Age and income restrictions </li></ul><ul><li>Government control </li></ul><ul><li>Interest on loan not deductible </li></ul><ul><li>Liquidity </li></ul>RRSP’S ARE PLANS... NOT INVESTMENTS
  22. 23. RRSP? <ul><li>Save $10,000 per year </li></ul><ul><li>Tax deductions $10,000 per year </li></ul><ul><li>Long term growth for future income </li></ul><ul><li>Meeting today after five years </li></ul>A B
  23. 24. RRSP? <ul><li>Buys RRSP $10,000/year </li></ul><ul><li>Buys mutual funds </li></ul><ul><li>Buys Canadian equities </li></ul><ul><li>$75,000 Registered </li></ul><ul><li>TAXABLE! </li></ul>A
  24. 25. RRSP? <ul><li>Borrows $150,000 </li></ul><ul><li>Pays $10,000/year interest only </li></ul><ul><li>Buys same investments but all at once </li></ul><ul><li>$375,000 </li></ul><ul><li>Non-registered </li></ul>B
  25. 26. Where?
  26. 27. What?
  27. 28. When? Valuable In Your Life...
  28. 29. When? Spouse
  29. 30. Family When?
  30. 31. When? Health
  31. 32. When? Faith
  32. 33. Career When?
  33. 34. When? Sports & Hobbies
  34. 35. When? If You Were Going To Start... NOW!
  35. 36. When? How long should you bother with it for? Forever
  36. 37. When? Is it easy or difficult in the beginning? Difficult ... Because you’re not used to it.
  37. 38. When? Is it always perfect? Ups and Downs along the way...
  38. 39. When? Down Period You can either quit or build.
  39. 40. When? Up Period You can either quit or keep going.
  40. 41. When? Build Now Difficult Forever Leave Alone
  41. 42. Summary
  42. 43. Summary Build Now Difficult Forever Leave Alone
  43. 44. Summary
  44. 45. Summary <ul><li>Have a proper plan </li></ul><ul><li>Use expert advice </li></ul><ul><li>Use other people’s money </li></ul><ul><li>Long-term thinking </li></ul><ul><li>Save / Spend </li></ul>
  45. 46. Summary
  46. 47. 100% Simple Solution
  47. 48. 2 Criteria For Ultimate Success <ul><ul><li>Discipline </li></ul></ul><ul><ul><li>No Emotion </li></ul></ul>
  48. 49. We are the key to help you achieve financial success. The Choice is Yours.
  49. 50. THANK YOU

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