Author: Emmanuel Victor Agyare
Hello World, my name is Emmanuel Victor Agyare. I describe myself as a prolific article writer and an inspirational blogger. This website is managed and owned by myself and my lovely wife, Princess Harmon who is an editor and a co-contributor of this website.
It is truly our greatest heart's desire to help others find encouragement and fulfilment through a balance of healthy living principles, posts and blogs on this website.
I will encourage anyone reading this now not to lose hope in life no matter how hard things will be. Persevere and never give up. There's room for everyone at the top. Enjoy this website!!!
Emmanuel Victor Agyare (Administrator & Webmaster)
The goal is to be rich
Shock them with results
2020 has been one of the most interesting years – to say the least – we’ve experienced in our lifetimes and since you’re interest is in making the most out of this period, we’re about to break down for you the best performing asset classes and industries of 2020 and what we’re betting our own money on, to perform well as we go into 2021.
We said it once and we’ll keep saying it:
Real estate is the best investment! Medium & long term.
Many of you are probably waiting for property prices to go down, while smart money has already begun acquiring properties. The pandemic has forced some businesses to sell premium properties that they wouldn’t have otherwise let go, at discounted or fair prices.
Here’s a golden rule of real-estate:
The profit is made when you acquire a property!
And the pandemic proved to be a once in a lifetime opportunity to acquire undervalued great properties.
2021 is probably going to be another great year for real-estate prices since interest rates are so damn low and the businesses are still hungry for capital to keep the lights on, which is why they’re willing to sell off some of their assets. Be on the lookout.
2. GOLD & Silver
We love every opportunity to Hedge against the government.
For those of you unfamiliar with the term “Hedge” it means to make an investment that protects you against a financial loss.
If the stock market does well and governments do their job well, our wealth increases.
If the government starts printing money like crazy, then the price of bitcoin and gold goes up – our wealth increases once again.
In the long term, hedging your investments is a great way to secure and grow your wealth.
The average return of gold in 2019 was 18%. In 2020, the year to-date returns of gold are close to 30%. Silver is also at 30%.
If you timed your purchase with the March collapsed -as many investors did- you would’ve seen even higher returns.
As long as governments keep printing new money, alternative assets will be an incredible investment. With 2021 around the corner, we’re more than likely to see another round of financing trying to “revitalise” the economy, allowing for even more opportunity for growth.
3. Electric Cars
Electric cars have been the biggest biggest winner in the stock market. Despite the news, despite the industry pushing against it, despite the big oil money, people are betting long term on electric cars and the process results in incredible short term gains!
Here are the numbers:
TESLA’s year to date returns are 650%
If at the beginning of 2020 you invested $10,000 in Tesla stock, now you would have over 65,000 dollars.
Do you want to have your mind blown even more? Ok then!
Have you heard of NIO? Nio is basically China’s version of TESLA. They’re the biggest electric car manufacturer in China and the one most likely to win the EV market there.
NIO’s year to date returns are 1250%
If at the beginning of 2020 you invested $10,000 in NIO stock, now you would have over 125,000 dollars.
If one was paying attention to what is happening in the electric vehicle space you could’ve become a millionaire in 2020 with a 70 to 80,000 dollar investment.
And the year isn’t even over yet.
Still not convinved to push your chips in this market? Maybe the prices of The 15 Most Expensive Electric Cars in the Worldwill make you go to the calculator again.
4. eCommerce & Consumer Staples
When the pandemic hit, every small business worried about survival. But what did the consumers did? They stocked up on everything they could get their hands on.
Anyone remember the 2020 toilet paper wars? Pepperidge Farm Remembers.
Remember when the government gave everyone free money? Where did that money go? People spent it at Amazon and their large chain grocery stores.
AMAZON’s year to date returns are 72%.
Target is at 40%, Walmart around 30% and this has been the case everywhere around the world. These stats speak volumes on how timed investments equals to superior returns.
5. Bitcoin & Crypto
When the pandemic hit and the government started printing money like crazy our focus turned to crypto. We were not the only ones to understand what is happening and more and more of our connections started reaching out because they needed help with getting started with their crypto investments.
Even unsophisticated investors wanted to get in on this.
We’ve had our eye on the crypto space since 2015 and have been active investors since 2017.
We’ve used our experience to teach our inner circle what blockchain is, how bitcoin works, where and how to purchase your crypto and more importantly to store it safely as a long term investment.
As of uploading this article we’re close to 3X-ing our investment we made just 7 months ago.
During the initial lockdown, We found ourselves having to explain over and over again the entire process to different people, so we decided to do something about it. Everyone should have access to this kind of specialized knowledge but explained in a simple and easy to understand way from someone they can trust.
We put everything on hold and began working on a secret project called BITCOIN ESSENTIALS.
Everything we’ve been teaching our family and close friends has been structured and put into a premium learning experience for you, the Aluxers!
We believe the biggest transfer in weath is happening right now and those who are willing to take part in this technological change will reap immense benefits from it. We did put our money where our mouth is, after all.
We genuinely believe this is the BEST resource for anyone interested in getting started with bitcoin and blockchain, because we made sure it is… and the best part is, NO Technical level required. We will hold your hand along the way and explain it in our unique way. We made sure that by the end of the course, both you, your children and your parents will be fluent and ready to confidently invest.
By the end of the course you will:
- Understand what Blockchain is, what Bitcoin is, and how they work.
- Understand & Use key vocabulary and concepts when discussing Blockchain and Bitcoin in business situations.
- Security: How to Purchase & Store your Bitcoins safely. (we will walk you through everything step by step), and lastly
- How to Invest, Transfer or Liquidate your Bitcoins if you want to.
This is the reason why Goal Mastery is late. This is the course our community needs right now, because we’re at a critical moment in time. This train is already moving.
6. Renewable Energy
If the electric car is any indication to where investments are going, the renewable energy space as a whole will be one of your safest bets.
Go Green ETFs have a year to date return close to 100%, basically doubling your money.
Everything that has to do with solar and wind is booming. You’ve probably seen campaigns even in your country where your main energy providers are boasting about how much money they’re investing in renewables.
This is where the puck is going and as the technology gets better and better the higher the scalable adoption will be.
7. IT & Big Tech
This has been the biggest year in tech.
The entire world ran a massive experiment in their ability to work from home. In just a few months, this new company called ZOOM crushed Skype, a company that has been the main video conferencing software since we can remember.
People purchased products online.
Food delivery became the main revenue source for restaurants and we all consumed more content than ever before.
If you timed it right, you could’ve literally pushed your investments in ANY big tech company stock and you should’ve seen 30 to 50% returns.
Netflix is at 50%, Apple is at 60%, Google, Facebook, Microsoft – all around 30 to 40%. The biggest one to come out of the gate was nVidia. They the biggest graphic card manufactured and their year to date return is at 125%.
8. Pharma & Health Care
During a medical pandemic, as you would expect pharma and everything connected to the field blossomed.
Every big company started competing in a race to get first to a vaccine and we already have 3 big winners.
Pfizer, Moderna & AstraZeneca are already on the cusp of mass production with their own version.
The biggest winner out of the 3 is Moderna with a year to date return of: 450%
Although this is an extraordinary result, there’s no way you would’ve been able to tell that Moderna will be the one to crack it unless you had a magic crystal ball. It’s apparent that healthcare investments are big this year.
9. Travel & Hotel Stocks
If you remember our stock video, you know that this is one of our favorite investments and it paid off great so far.
Basically, the entire hotel industry has been shattered by the coronavirus situation with stock prices tanking. We picked up all the big chains for cheap. Our bet is that once the vaccine becomes largely available we will see a steady increase in tourism as more and more people look forward to a new holiday after all this quarantine.
Hilton, Hilton Grand Vacations, Marriot and MGM provided us with over 100% return EACH since we purchased.
We were also betting long term on airlines, but the growth hasn’t been that impressive.
Right now, we’re waiting for the Airbnb IPO and we’ll probably get some of that as well, since some of our properties are monetized through them as short term rentals.
We are confident that 6 to 12 months from now, everything travel related will see a jump as travel picks up.
10. Index Funds
Index funds have been our go to recommendation for what we call lazy investments. Do you want your money to grow consistently without touching it? Go with Index funds.
S&P500 is an index fund bringing together the top 500 companies in the US. Basically you invest in all of them at once. It’s a great reflection of the US economy as a whole.
Here’s the thing, for the past 30 years, the S&P has consistently delivered over 10% yearly returns and this year is no different.
The markets crashed in march earlier this year, with the S&P dropping almost 30%. At that point everyone who was smart started buying.
By the end of August, all the loss had been recovered and now it’s going up. Even if you took the hit and invested in the S&P500 before covid, as of uploading this article you would still see +15% returns.
The thing is, not many people know how to leverage these type of events in their favor. We’ve learned how to monetize financial crises from a book called UNSHAKABLE by Tony Robbins.
11. Energy & Petrol
We talked earlier about where the puck is going with the investments in the renewables, but this has been an incredible year for “where the puck is”.
Once petrol tanked, we were ready to buy and it proved to be a great choice. Marathon – 60%, Laredo 80%, Murphy-100%, Matador 270% returns. Truth be told we wish we would’ve both more.
End of July we picked up General Electric and 4 months later we’re up by over 50%.
Everything fuel-wise we see as a strong medium term investment. We’re being strategic and regularly selling a percentage of our high return stocks and shifting that excess capital to index funds for safe keeping.
12. Luxury & Fashion
Based on the profile of our business, you wouldn’t expect us to ignore the luxury industry, would you? Rest assured, we didn’t!
What we love about the luxury markets is that they’re not as affected as everyone else. Sure, there was the drop in March and April, sure we loaded up investments on everything we wanted and then we waited.
As we expected, the markets bounced back.
While the likes of COTY and Ralph Lauren provided steady 30%+ returns, Levi’s 60%, Tapestry, the former company known as Coach – you know their products – has been a real winner with over 110% returns.
Although historically we’ve seen bigger returns in the tech space, we always recommend diversifying your portfolio into industries that you have an interest in, that way you know about the companies that are struggling and those that are coming up.
We dislike banks as much as everyone else – one of the main reasons why we have our investments in crypto, but in times of pandemics, banks are usually the first ones saved by the government, so if there’s an opportunity to park some cash for short to medium term, we will take it.
We like Banks because they also pay dividends regularly, so it’s a form of passive income in addition to the growth of the stock price.
For example, the biggest investment in our banking share is held by Citigroup.
The return on our stock investment has been around 40%, but what might be interesting for you to know si that they also pay dividends 4 times a year and the rate is $0.51 per share owned, where the share price is around $60. You buy a couple hundred shares to hold and the dividends pay for your new iPhone.
14. The Companies That Make the Products You Use and Love
You’re here because you’re looking for advice on investments.
Our best take on this:
Look around you! What are you buying & what products do you love?
Then buy stocks in these companies. We get our coffee from Starbucks, so we purchased some stock. We wear Nike, Adidas and UnderArmour, so we bought them. We love Tesla, so we put some money with Elon. All the tv’s in our rental apartments are LGs, so we purchased LG stock as well. Love your playstation 5? Buy some Sony stock!
Every time we spend our own money on a product and we end up loving it, we make sure to invest in that company as well.
Investing in your favorite companies has become incredibly easy. We are not paid by any of these companies, but you should check out Robinhood, Revolut, eToro, Vanguard, Fidelity, E-Trade and so on.. You can google and pick any of them and they’ll get the job done. Just never go full WallstreetBets with your finances and you should do alright.
If you guys still find it difficult to start, let us know in the comments and we’ll make a step-by-step course into how we do it.
The world took a knee in front of this virus! What happens when the next one shows up?!
The world took a knee in front of this virus! What happens when the next one shows up?!
For the first time in modern history, we’re seeing just how quickly society can be brought to its knees, this time without swords, without guns or nuclear missiles.
As of making this video it’s hard to calculate the exact amount of economic loss that is being occurred right now, because the number is quickly accelerating. Oxford economics put the loss of output alone at around 1.1 trillion dollars, that’s the number of money we stopped generating since the pandemic went in full swing.
Let’s look at the us for example: as of February 2018, the entire US stock market was valued at $30.1 trillion dollars.
In the last 45 days, the US stock market lost 35% of it’s value, with a safe to say 10 trillion dollars in losses.
Quick to spread viruses have vast economic impacts. They destabilize economies, cause death and put the world into chaos.
This time it happened to be an accident, hopefully, but every military in the world is getting a crash course on pandemics right now, opening a Pandora’s box of new weaponry. How can we stop a country like North Korea not to use any weapon at its disposal if it feel threatened?! Who is going to oversee that a terrorist group isn’t working on bio-warfare of its own?
The first confirmed case was on December 1st in Wuhan, China. As of making this video, it’s not even the end of March and the world is in full panic mode. It took less than 4 months to go from a single individual to an international threat (some might say, Threat Level Midnight!)
This is part 9 out of 15 about a discussion on the world in the context of the coronavirus pandemic.
Written by Robert Kiyosaki Read time: 5 minLast updated: March 17, 202011.1K
How to leverage and use good debt to create wealth
Many people teach that debt is bad or evil. They preach that it is smart to pay off your debt and to stay out of debt. And to an extent they are right.
There is good debt and bad debt. It is wise to pay off bad debt—or not get into it in the first place. Simply said, bad debt takes money out of your pocket, and good debt puts money into your pocket.
A credit card is often bad debt because people use it to buy depreciating items like big screen TVs, cars, and vacations. Conversely, a loan for an investment property that you rent out can be good debt if the asset’s cash flow covers the debt payment and puts money in your pocket.
The people who preach the evils of debt do not understand that debt is essential to the American economy. Whether that is good or bad is debatable, but what is not debatable is that without debt, our entire economy would collapse. Our entire economy is based on steady inflation. And the way in which we encourage that inflation is through debt.
Unfortunately, the way the rich use debt and the way the poor and middle classes use debt are vastly different.
How the poor use debt
As mentioned above, the poor and middle class use debt to generally buy liabilities like a car or a vacation. Here are some examples of how poor people use debt:
Bad debt #1: High-interest credit cards
Bankrate.com reports that average credit card interest rates are in the low 17% range. Beyond that, credit cards often have hidden rates that can cost you hundreds of dollars for things like late fees, annual fees, and currency exchange rates.
Credit cards are neither good or bad in and of themselves. It’s how you use them. Unfortunately, the poor often use credit cards in the worst way by buying liabilities like televisions and vacations, only to pay the minimum payment each month. By doing this they pay substantial amounts of interest over long periods of time for goods that lose value. It’s a double whammy.
Bad debt #2: Loans for liabilities
There are lots of loans out there that you can get for liabilities. From car loans to personal loans to payday loans, you can find a way to take on more debt…often at a high price.
They also pull out loans for things they consider to be investments, such as their own personal home. But a house is not an asset. Why? Because the very simple definition of an asset is that it puts money into your pocket. A liability takes money out. A personal home only takes money out of your pocket. This is not to say that you shouldn’t get a mortgage, but don’t do it thinking you’re buying an asset…and especially don’t take on way more than you can afford thinking it’s a good investment.
This method of using bad debt to attain things that generally lose value over time keeps most people financially enslaved to debt for most of their lives. And when they do finally decide to get off the drug of bad debt, they often spend years working harder and harder to pay it off. It’s a lot of lost time and opportunity.
How to use good debt like the rich
The rich use good debt to grow their worth, and they invest in cash flowing assets using Other People’s Money (OPM)—both the bank’s and investors’.
OPM is a fundamental concept of Rich Dad and a sign of high financial intelligence. By using both good debt and OPM, you can dramatically increase your Return on Investment (ROI)—and you can even achieve infinite returns.
Good debt is a type of OPM. The downside to debt is that you can generally only borrow a certain percentage of an asset’s purchase price. In keeping with our real estate example from my previous post on good debt, that is generally around 70 to 80 percent of the purchase price.
Because of this, you have two choices when you find a worthy investment: use your own money or use other people’s money. Provided you structure the deal well, the more you can use other people’s money, the higher your return will be.
Many people think it’s a fantasy world that people would just give you money to invest, but that couldn’t be further from the truth. The reality is that most people don’t have time to find good deals. Instead, they rely on people with the proper financial education, skill set, and drive to bring deals to them.
My real estate advisor, Ken McElroy, has perfected using OPM. His company, MC Companies, buys apartment buildings. He does all the hard work of finding deals, doing the due diligence, negotiating with owners and lenders, and handling management. In return, people line up hoping to invest their money with him.
Today, Ken does big deals that require a certain type of investor. Not just anyone can invest with Ken. But he started with small deals, like the ones I’m writing about today and worked his way up to big deals.
How to use debt to buy real estate and create wealth
Here’s an example from real estate on how the rich use good debt as money to create wealth.
Using the bank to leverage my investments, I can leverage my money. Using simple math, let’s assume I have $100,000 and am looking to invest it in a $100,000 property that rents for around $800 per month. You can find many properties like this if you look diligently.
I could use all my money to purchase one property for $100,000, or I could use good debt to buy five $100,000 properties.
The bank would lend me $80,000 for each property and I would divide my $100,000 into five $20,000 down payments.
At 5 percent interest, the payment on the loans would be around $500, including taxes and insurance. So, my cash flow on each property would be $300 a month ($800 in rent – $500 in debt payment = $300 per month) for a total of $1,500 ($300 x 5 = $1,500) per month—an 18 percent annual return.
How to use debt even more to your advantage with OPM
Now, here’s an example of why using good debt, coupled with OPM, is an even more powerful investment tool for the rich.
Using OPM, I can increase my return and secure even more assets. Let’s say that instead of having to put down 20 percent on five properties, I can use my $100,000 to put down 5 percent on 20 properties. I can do this by finding 20 great deals and lining up investors to invest in them.
Here’s how the math works out.
The bank would lend $80,000 for each property, and I would divide my $100,000 into twenty $5,000 segments, using OPM to raise the other $15,000 needed for each property. Again, at 5 percent interest, the payment on the loans would be around $500 per month. Let’s assume that we’ll pay a little more for our investors’ money and give them 7 percent interest. The money owed to them would be a little less than $100 per month—but we’ll go with $100 to make it simple. So, our total costs would be about $600 per month.
That means we’ll have a cash flow of about $200 per month, which we’ll split with our investors 50/50. We’ll pocket $100 per month, or $1,200 per year, and our investors will pocket $100 per month, or $1,200 per year.
Adding up the total return for all 20 deals, that’s $24,000 per year cash flow, a return of 24 percent. Not only am I making 6 percent more per year than if I just used my money, but I also have ownership in 20 assets instead of just 5. Later I can refinance these properties, pay off my investors, get my investment back, and continue to receive cash flow from the 20 properties—an infinite return.
Again, I’m using very simple math here. In real life, the numbers are more complicated and much larger. But the principles are the same. Investing with OPM takes a high level of financial intelligence. But both Ken McElroy and I both started small and worked into the big apartment deals we do today. You can do the same.
Be diligent. Continue to increase your financial education. Work hard. And master the fundamentals of good debt and OPM, and you will become wealthy
What you won’t find on my CV
The most tragic aspect of Steve Jobs life was the inadequate time he spent with his family. He regretted it before he died. I watched a video where Jack Ma confessed that not spending enough time with his family when he was busy building Alibaba ranks amongst his greatest regrets.
I may not come close to achieving what these exceptional world’s renowned corporate titans have accomplished but one thing is sure, I’ll never share their regrets. I spend enough time with my family. I’m an intentional dad. Being called a father is my highest earthly honour, not my academic or career exploits.
The joy and smiles you see in this picture will remain long after I’m retired. Today happens to be my 17th wedding anniversary.