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The Q Wealth Report Issue 52 – Spring 2009 The event was such a success that we are running a second seminar in Bantry in on October 9th, 10th and 11th 2009, at the Bantry House Hotel – a beautiful old building with spectacular gardens and views out over the sea. Visit www.qwealthreport.com/events.php for updates on this event. One of the great benefits to attending a meeting like this in person, rather than relying on emails or telephones, is that it is so much easier to create and set up new business ventures, or to share in existing ones with other delegates. A lot more can be done in person than over the Internet, and you have the benefit of knowing all your conversations are private. On top of that, Irish hospitality is second to none, so you are guaranteed a warm welcome and an enjoyable experience! Some delegates followed our advice and explored the area, which is renowned as one of the most beautiful SUCCESS IN BANTRY! locations in Europe. They came back with hair-raising tales Welcome to issue 52 of the Q Wealth of roads that led up into mountains, disappearing into the mist and reappearing into bright sunshine…which was Report! very appropriate for many who had come feeling great Apologies from your co-editors for the delay in this issue. It concerns over the current recession, but left the event has been a busy time for us all and we have been focused feeling the warm glow that finding a new direction brings. on working with our clients recently: but the next issue of As ever, the October event will be first-come first served, QWR will be out very soon and you can all rest assured that so please register your interest early to avoid your subscriptions continue on for the full number of issues disappointment. We look forward to seeing you there! that you enrolled for, irrespective of the timing of those issues. In the meantime, don’t be distracted by all the media hype about doom and gloom: recessions come and go, just like One of our focuses was our first Strategies for Success winters do, and those who prepare for spring will find the Seminar in Bantry, Southern Ireland at the end of March. We seeds of success germinating soon. Swine fever will are happy to report that this was a hugely successful event, disappear from the radar, just as SARS and all the other with readers from all over the world attending and enjoying “pandemic” illnesses did. It’s all just smoke and mirrors. the relaxed surroundings of an Irish hotel (so relaxed that Keep your focus on your own world: on enriching your life some delegates thought they had gone through a time warp in all ways. That way you create wealth for yourself and for to the 1960’s!) at the edge of Bantry Bay. others too, which is the key to feeling really great. Delegates were treated to a number of presentations on Until next time: our best wishes, residency, tax, banking and incorporation from Peter The Editors. Macfarlane, as well as an indepth look at computer security. Thomas Bolther captured everyone’s attention with his stories of making millions in real estate in a number of Inside this Issue different countries, Derek Armstrong (who has an article on Page 2 Real Estate Riches page …of this issue of QWR) outlined the reasons for Page 3 capitalising on some excellent opportunities both at Finger on the pulse for Freedom, Wealth and Privacy auctions and elsewhere, and Richard Cawte led us all on a Page 4 Offshore Services in Panama journey that truly opened the mind to alternative lifestyles Page 7 Foundation of Crisis and ways of thinking. Page 12 Expat living in Costa Rica Our seminars are informal and relaxed and everyone has a Page 14 Was it Peak Oil that pricked the bubbles? chance to have personal consultations with the presenters Page 18 Switzerland with Oxo Cubes and to ask questions throughout the event. So, if you are looking to increase your income, create long term Page 19 Preparing for civil unrest in America investment vehicles, manage your assets in tax-efficient Page 20 Is now the time to buy at UK Auctions? ways, or simply to meet up with other PT’s and like-minded Page 24 Bulletin Board people, do come along to one of our events soon. 1 WEALTH CREATION Real Estate Riches by Richard Cawte o it’s a bad time to invest, right? Everyone is talking the My rules of thumb in the current market: buy at well below Smarkets down: especially the UK property market. I’ve market value (30% or more) and make sure the cash flow heard predictions of a further 30% drop from current on your rentals is considerably higher than the mortgage positions, which are somewhere in the region of 25% you will be paying. This will cover any increase in interest below where they were two years ago…So what do we do? rates in the UK over the next year or two. For instance, if Sit around and wait for the market to fall and turn again? Or you calculate that the rental surplus allows for an interest get in now and take the risk? rate of 10%, you can be fairly sure you will be making money month by month for some time to come. (I’m with It’s the age old question: when should I take the leap? And Robert Kiyosaki on this one: an asset is only an asset if it is the answer is always: when no one else is! That is the way putting money into your pocket irrespective of capital to make really good money. growth: anything else is a liability.) I’ll add a caveat to that: so long as you buy at the right Don’t buy residential properties with negative or very low price and know what your short, medium and longterm cash flow – especially with interest rates so low at the strategies are. moment. The difference is huge both materially and psychologically. Long term readers of QWR and delegates who have attended our seminars will know that both Peter and myself Right now you can invest with as little as £1,000, which is a predicted the collapse of the banking system some years refundable reservation fee, and there are some ago. (Around ten years ago to be precise!) It was always staggeringly good opportunities to be had. That’s because just a question of time, because what the major banks repossessed properties are hitting the market now – and were doing was a confidence-trick…the original will continue to do so for the next 12 months or so. This “con”…because they relied on the confidence of investors may well have the effect of driving values down a little, but to keep on turning up and asking no questions whilst they if you choose your areas carefully and buy with at least lent way beyond their own or the investors’ means. As soon 30% discount, you will be in a strong position. as that confidence dried up, their bubble was burst. If you are concerned about your credit rating or getting a Two years ago, I recall advising delegates at a seminar mortgage in the current climate, our associates help with “not to invest in the UK property market yet” “Wait for a this. In any event, you pay nothing until you have your couple of years” were my exact words. Well, a couple of Decision in Principle: so there is zero risk at the front end. years on I still hold to those words, so long as you buy at For those of you who are looking for larger investments, we the right price and have good cash-flow on your rentals (in have access to portfolios of $10million and above both in residential) or high ROI’s (in commercial). residential and commercial. These are to be purchased by individual buyers/companies and again, our associates can Investing with no money down assist with financing on these. We currently have some excellent opportunities for Is now the BEST time? That I can’t say. But I can say it is a investors in many different countries, including the UK, good time: because there are still not many people doing where we have managed to create a specific programme it…which, as you all know, is one of my principles of for readers looking to start a portfolio with either no or very successful wealth creation! little investment required. For more details, please email me on [email protected] Welcome to The Q Wealth Report he Q Wealth Report is a wealth education newsletter written by We are a group of people who share a vision of a world in which Big T experienced practitioners of wealth creation, investment and Brother government has less and less influence, a world in which asset protection techniques from all over the world. individuals are free to travel, make money and enjoy their lives without It is not long since the majority of people believed the world was flat. restraint. We believe that the future for mankind is one in which We know this is not the case. It is not long since all people believed people respect both each other and their environment. that travel to the Moon was impossible. We now know differently. We hope through the pages of The Q Wealth Report to make a difference.
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