Real Estate Investor Magazine South Africa August 2015 | Page 9
INVESTOR TALK
FROM THE PUBLISHER
I
nvestors have to evaluate external
factors to identify opportunities.
If you follow a daily diet of
general media propaganda that is
coming our way, it is difficult to stay
positive about the world economy
and South Africa’s economy. The
major economies of the world have a
severe leadership problem. Doom and
gloom prevails if we see the quality
of comments coming from those
making the decisions that impact on
our local and global economies. In
fact, we should all be very concerned.
The South Africa government
continually
protects
itself
by
instituting expensive new regulations,
while all state-run enterprises are
failing dismally, continually wasting
tax payers’ money and creating
massive debt. This behaviour is not
sustainable and the chickens will
come home to roost for the average
consumer.
The Next Market Crash is coming – Prepare yourself!
Erwin Rode, well-known property
economist, and myself were recently
interviewed by Kura Chihota of ‘Ask
the Property Experts’ on Business Day
TV. Rode confirmed the challenging
times ahead for the economy and
property and still remains pessimistic
about the prospects of property
growth going forward, given the
aforesaid scenario. If you want to
watch the interview, access the link
from our website. The FNB Property
Barometer’s assessment is also not
positive, highlighting that global
commodity prices continue to be
under pressure, China’s economic
situation looks bleak and, locally, the
turbulent news from both the mining
and steel manufacturing sectors point
to troubled economic times ahead as
companies move to cut costs, lay off
staff or even close operations.
This month our cover story is
an exclusive insider interview with
Robert Kiyosaki, author, investor
and market forecaster, who recently
visited South Africa. Kiyosaki
predicted the collapse of Lehman
Brothers and the global financial
crisis in early 2007. The news he
shares with us is not good; in fact,
it is shocking news. He predicts that
another global economic collapse
in 2016. Kiyosaki and his team of
financial experts say that the practice
of governments printing money is
turning cash into worthless trash.
We need to completely change the
way we think about money, because
if we don’t do something, we risk
losing everything we have. Kiyosaki
is suggesting to Americans to invest
in assets such as gold, silver, food and
water. He still believes in real estate,
albeit very selectively, provided
a property meets his stringent
investment criteria. Kiyosaki says the
good news is that you now know the
bad news. He says real estate rewards
smart investors. You need to know
when the real buying opportunities
present themselves and how you can
profit from the downturn.
Don’t miss the annual 2015
REIM/Rode conference, which will
be taking place in six cities including
Windhoek, Namibia, where we
will be introducing many of these
opportunities to you. The theme is
“Opportunity” as it is an opportunity
to update your financial education to
prepare yourself for the future. Make
sure you don’t miss it!
Successful investing
NEALE PETERSEN
FOUNDER AND EDITOR-IN-CHIEF
Before you speak, listen. Before you write, think. Before you spend, earn. Before you
invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you
quit, try. Before you retire, save. Before you die, give.
WILLIAM A. WARD
www.reimag.co.za
AUGUST 2015 SA Real Estate Investor
7