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