ABOUT THE COURSE
Financial freedom is a term commonly used and thrown about in the self help industry. A lot of what is taught and how choices are modelled is erroneous leading to bad decisions.
While this is not a trading nor systems course it is very central to the success of the trader. There is a reason why most trading was a reserve for high net worth individuals. It is not until the early 90s that the trading industry was de-regularized to allow the market to have more girth and liquidity which invited retail traders.
The distinction however between the two groups emerges .One group is trading with money they can afford to lose totaling millions of dollars the other is trading with money they cannot afford to lose totaling thousands.
They have collected this money from debts and loans with some establishing investing houses without proper understanding of the risk underlying the venture.
In a world where 90% fail one cant help but wonder why a trader would join a risky venture with money they cannot afford to lose. The explanation lies in the definition of wealth from the traders point of view. He believes that he can be able to double, triple or even quadruple his small account by trading the liquid assets but the problem underlying this strategy includes the following;
1.he has no capital-too low
2.His capital is leveraged before it hits the market
3.He has no objective but to get rich or replace his job.
4.Getting rich means making 1000% a year.
Lets compare; the higher net worth individual trading a million needs to only make 12% a year on his account to become the top 1% man while the later needs to make 1000% and even with those gains he still wouldn’t be able to make the top 35% because his account is sized wrong. He is using trading to solve his poverty but gets surprised it only gets worse. Trading is meant for people that understand how wealth management and creation works and a good number of retail traders have no idea about this.
The foundation then becomes helping the trader realize that wealthy individuals trade the markets while poor individuals gamble in the market. It is therefore imperative to help the trader put his house in order by providing a course that improves his relationship with money.
This course is about wealth management and wealth creation according to how the elite world of top investors look at it;
among the key beliefs a trader should get from this course include:
“Procuring the services of an investment advisor or manager is a blunder of astronomical proportions. This is due to conflict of interests-they are paid whether they lose you money or make you money and more emphasis on the former. They are only tracking a major index and only target to outperform or trail those gains to get paid. If the benchmark index gains money their fund gains money and they get paid. If the benchmark looses money the fund needs only to outperform those loses to get paid. In this case you lost money and still paid them”.
“There is nothing like paper losses ,all losses are actual losses liquidated or not”
“You should always live beneath your means and even if you are wealthy you should structure your estate in such a manner that you are less liquid and would need to borrow to cover as your money is always working. Never therefore have more than 5000usd in your account unless really necessary. If anything if your expenses are 650 usd per month you should keep your liquidity in such a way that the account has no more than 850 usd at any given month.”
“In principle, no student that follows this course should pursue looking wealthy by buying all manner of toys. It is about making money but not filling a void with money and toys cant fill that void. It is vital to then avoid company that seeks to keep up with the money trends that range from vacations and expensive shopping sprees. If you need to spend to feel wealthy then you have adopted a broken paradigm. You don’t need to spend to feel wealthy neither do you need to indulge to feel wealthy. If you are wealthy-you simply are. If you are around a social circle that needs you to spend to fit in ,simply get out of the circle and hang around old money people. The point will sink in quicker there.”
“Car manufacturers are not in the business of selling cars but in the business of selling debt. Debt is the highest margin industries in the world due to the monthly rates charged and vehicle manufacturers know this. Companies are thriving on this principle alone and have even engineered faults in cars by intent to ensure you don’t stay with your car for more than 5 years. Take Mazda CX5 for example with the heating problem caused by a plastic water pipe within the manifolds. This is not by accident but engineered intent. With that said-Do not buy a zero milage car and if you have to buy cash never lease”
“if you are confused about whether to clear a loan or keep paying rates ask yourself an important question-how much interest would I make from the amount needed to clear the loan if I invested the money? If the interest you would make is lesser than the interest the loan is charging you are losing money-Clear it”
“Its possible to be wealthy and not have more than 400k usd in your collective investment-reason is that managing your lifestyle to manage your expenses can create independence with minimal effort. The agrarian model of life is such that you supply your food, shelter and all other aspects except your health care”
“This is a course in changing paradigms. Changing our philosophy so that we can accept a new way of living that seeks to control expenses more than increasing income. It is not about indulgence but contentment and investing in simple instruments”
“Savings is a bad plan but saving to invest is a stellar plan; Even better why not take your savings to investing instruments by automation for the next long haul”
“Buying insurance covers that are savings scheme is the worst investment one can make”
“buying debt to buy a car -no no, buying debt to buy phones -no no, buying debt to fund lifestyle-double no no”
“Infinite wealth is not about having crazy tonnes of money but being able to replace your monthly expenses forever. If your expenses are 200 dollars and you invest in an instrument that make can replace that annually ,you are infinitely wealthy”
“if you withdraw all your gains every year you cut in half the power of compounding that could grow your account to crazy heights-think of it this way, making 7% annually and not withdraw doubles your account after 10 years. If the gains go up to 12-18% the time it takes to get there is half the time. Let compounding do the work for you.”
“Sometimes having less disposable income is good ,so if you can live within a certain level comfortably consider tying the excess in a functional debt that grows your return in traditional real estate strategies. Additionally why not keep the disposable income low and use the surplus to invest in a fixed income instrument earning more than 9% a year. This plan will surpass your retirement plan in a major way supplementing your income. If you are 20yrs old try a minimum of 45% and if you are 35 yrs and above with no family try retain only 50% of income for expenses. The number rose with age because the later has started late and the only way to cover for the lost time is increase the contribution since the compounding model might not change if market conditions remain the same -The sooner you can start the better off you are.”
HOW THE COURSE IS TAUGHT
The course is taught via webinar online classes
WHO IS THE COURSE DESIGNED FOR
Anyone that wants to enhance their financial literacy beyond the common principles of
1.Get the highest paying job
2.Get more education it means more money
3.Trading can get you filthy rich
4.Having rental properties is the way to go-that’s not always the case
if you wish to understand making money work for you with a simple plan to get there .start here
COURSE ADMISSION
Contact our office to let you know once current cohort clears the course .We contact all students on our waiting list once course is available.
Course Features
- Lectures 17
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes