The Millionaire Real Estate Investor Investing Myths DCE Communications  May 31, 2005 Your Logo Here
Wedge of Doubt Fears are educated into us Subtly, unconsciously Doubt and discouragement shatter the will “Why don’t you do that?” – doubt & fear drive a wedge between you and your dreams The “aha” moment –  Investing opportunities live on the OTHER SIDE of fear and doubt Fears tend to be UNFOUNDED, but do not go away on their own
Three Personal Investing Myths “ My Job Will Take Care of My Financial Wealth” “ I’m Happy With What I Have...Now” “ I Just Can’t Do It”
Personal Investing Myth #1 “My Job Will Take Care of My Financial Wealth”...NOT! Truth #1: Less than 1% of all people can build financial wealth from their jobs alone Truth #2: The “modest saver” or “modest investor” can only build a nest egg for basic needs What about emergencies or things you “want” to do? What about living to be 100 years old?
Personal Investing Myth #1 Overcome the Myth Guideline #1: “Wherever your money is, you need to be there too even if you employ a financial advisor Guideline #2:  Your job/salary earns you your early investment funds start small, grow large off the wealth you build Guideline #3:  Avoid keeping up with the Joneses
Personal Investing Myth #2 “I’m Happy With What I Have” ...Oh Really? Truth #1:  You have no idea what you will need or want beyond today Truth #2:  Wealth takes time to grow Truth #3:  Wealth will amplify who you are, not change you Money can become good for the good it can do
Personal Investing Myth #2 Overcome the Myth Guideline #1:  Instead of forgetting your dreams and living within your means,    try pursuing the means to live your dreams
Personal Investing Myth #3 “ I Just Can’t Do It” ...Get Over It! Truth #1:  Your true financial potential is unknown Don’t judge before you try “ You can’t win if you ain’t in” Truth#2:  Each of us has enough Ability, Time and Money to start wealth-building now As we improve on any of these parameters over time, we hasten our wealth-building progress Ability, Time and Money multiply each other
Personal Investing Myth #3 Overcome the Myth Guideline #1:  Think in terms of Possibilities, not Probabilities Probabilities looks backward ... Possibilities look forward Forget “realistic” ... Embrace “imaginable” EXAMPLE:  Trammel Crow, inventor of the shopping mall Guideline #2:  Start with the Ability, Time and Money you have now, then grow them over time.
Dispel the Investing Myths! Let Company ABC customize a Financial Life Plan to help you ...  Eradicate the fear and doubt  that give life to  Investing Myths Work to  overcome  Investing Myths Contact Jim Shoe at 1-888-555-xxxx [email_address]

The Millionaire Real Estate Investor

  • 1.
    The Millionaire RealEstate Investor Investing Myths DCE Communications May 31, 2005 Your Logo Here
  • 2.
    Wedge of DoubtFears are educated into us Subtly, unconsciously Doubt and discouragement shatter the will “Why don’t you do that?” – doubt & fear drive a wedge between you and your dreams The “aha” moment – Investing opportunities live on the OTHER SIDE of fear and doubt Fears tend to be UNFOUNDED, but do not go away on their own
  • 3.
    Three Personal InvestingMyths “ My Job Will Take Care of My Financial Wealth” “ I’m Happy With What I Have...Now” “ I Just Can’t Do It”
  • 4.
    Personal Investing Myth#1 “My Job Will Take Care of My Financial Wealth”...NOT! Truth #1: Less than 1% of all people can build financial wealth from their jobs alone Truth #2: The “modest saver” or “modest investor” can only build a nest egg for basic needs What about emergencies or things you “want” to do? What about living to be 100 years old?
  • 5.
    Personal Investing Myth#1 Overcome the Myth Guideline #1: “Wherever your money is, you need to be there too even if you employ a financial advisor Guideline #2: Your job/salary earns you your early investment funds start small, grow large off the wealth you build Guideline #3: Avoid keeping up with the Joneses
  • 6.
    Personal Investing Myth#2 “I’m Happy With What I Have” ...Oh Really? Truth #1: You have no idea what you will need or want beyond today Truth #2: Wealth takes time to grow Truth #3: Wealth will amplify who you are, not change you Money can become good for the good it can do
  • 7.
    Personal Investing Myth#2 Overcome the Myth Guideline #1: Instead of forgetting your dreams and living within your means, try pursuing the means to live your dreams
  • 8.
    Personal Investing Myth#3 “ I Just Can’t Do It” ...Get Over It! Truth #1: Your true financial potential is unknown Don’t judge before you try “ You can’t win if you ain’t in” Truth#2: Each of us has enough Ability, Time and Money to start wealth-building now As we improve on any of these parameters over time, we hasten our wealth-building progress Ability, Time and Money multiply each other
  • 9.
    Personal Investing Myth#3 Overcome the Myth Guideline #1: Think in terms of Possibilities, not Probabilities Probabilities looks backward ... Possibilities look forward Forget “realistic” ... Embrace “imaginable” EXAMPLE: Trammel Crow, inventor of the shopping mall Guideline #2: Start with the Ability, Time and Money you have now, then grow them over time.
  • 10.
    Dispel the InvestingMyths! Let Company ABC customize a Financial Life Plan to help you ... Eradicate the fear and doubt that give life to Investing Myths Work to overcome Investing Myths Contact Jim Shoe at 1-888-555-xxxx [email_address]

Editor's Notes

  • #4 THESE MYTHS DEFINE HOW YOU SEE YOURSELF AS AN INVESTOR.
  • #5 TRUTH #1 BACKGROUND: THOSE WHO MIGHT HAVE A SHOT AT BUILDING WEALTH FROM THEIR JOBS ALONE: * Pro athletes, C-level execs of large corporations, successful actors & musicians, etc. But...how long can these salaries last? * Even the “super wealthy” need to oversee their own money management and avoid overspending and under investing or risk losing it all. eg. Gary Coleman, Mike Tyson EXAMPLE TO CITE: MIKE TYSON EARNED OVER $400M OVER 20 YEARS AND FILED FOR BANKRUPTCY IN 2003, WITH $23M IN DEBT - EXTRAVAGANT SPENDING - LETTING OTHERS “WATCH OVER” HIS MONEY TRUTH #2 BACKGROUND:
  • #6 MIKE TYSON EARNED OVER $400M OVER 20 YEARS AND FILED FOR BANKRUPTCY IN 2003, WITH $23M IN DEBT - EXTRAVAGANT SPENDING - LETTING OTHERS “WATCH OVER” HIS MONEY
  • #7 YOU HAVE NO IDEA WHAT YOU WILL NEED OR WANT IN THE FUTURE: Consider your personal future needs and wants Consider future financial emergencies Consider helping out a family member if the needs arises Consider bettering society and mankind that only true wealth and largesse can enable
  • #10 TRAMMEL CROW * 7 BROTHERS AND SISTERS IN DALLAS WITH NO BATH OR RUNNING WATER * IN 1948, ENTERED REAL ESTATE * BUILT FIRST COMMERCIAL SHOPPING MALL IN 1955 AND BECAME THE LEADING MALL DEVELOPER BY THE 60’S * TODAY TRAMMEL CROW COMPANY IS ONE OF THE LARGEST DIVERSIFIED COMMERCIAL R.E. SERVICE COMPANIES IN THE WORLD