Real Estate Investor Magazine South Africa December / Jan 2016 | Page 3

VIEW FROM THE TOP Learn the Laws of Compensation You get what you give A s we approach the end of another year and head towards 2016 it’s always a time to reflect on what worked and what we can improve on. It is also an opportunity to change things and make a new start. One of the areas where you can improve the quality of your life is your finances and the amount of money you have in your life. Real estate still remains the cornerstone and fundamental pillars of an individual’s finances and wealth. Carl Icahn, an American business magnate, investor, activist shareholder and philanthropist, say there is danger ahead in global markets. He says a large part of the growth we are seeing in the US economy today is because of low interest rates. Business and investors has access to cheap money and once the Federal Reserve rises, interest rates businesses will no longer have access to cheap money, which will start showing up in the stock markets. Almost 80% of people in the world today are in financial stress and the majority of baby boomers don’t have enough money to retire simply because they are getting the wrong education and information. The financial system is rigged against us and yet we all fall in the trap of handing our finances over to someone who is a so-called ‘expert’ in expectation that they are going to create miracle results with our money that you have entrusted to them. The law of compensation says the more you learn and practice the more your investment intelligence and experience grows. There are two ways to learn, either by simulation or by doing the real thing. If you want to become wealthy, successful and financially free, then practice making mistakes and do the real thing yourself. If someone else invests for you and you hand the responsibility to them, you take away the best opportunity for yourself to grow and learn. Don’t fall prey to those players with the experience of doing that. Sage advice is to continue investing into cash flow positive real estate long term, whether residential or commercial in South Africa or offshore. Just keep moving forward despite the fluctuations in world economies, the frenzy, the bad news, the negativity, the chaos, the uncertainty and the hype. Successful investing. NEALE PETERSEN FOUNDER MASTER QUOTE “There’s some real dark days where you just feel like the story is falling apart in every one. Just keep moving forward, even when you are bluffing, even when you don’t quite know what is going to happen next.” DAN SCANLON www.reimag.co.za DEC/JAN 2016 SA Real Estate Investor 1