ISSUE #1
INVESTING IN FUN
IS BUYING INTO THE HIGH LIFE FRIVOLOUS?
No. It can be an investment if you know how to buy into it.
HOW DO I BUY INTO IT?
There are 5 ways. Each can be fun.
CLASSIC CARS
STATS
In some cases can double annual returns.
START-UP COSTS
$10,000 to $30,000
Storage Space
AAA
Parts
Insurance
WHERE TO BEGIN
Join a car club.
Shop at auctions.
Shop at eBay.
Look for fringe cars in popular genres for example ’63 Buick Riviera
Keep an eye on 1980s Jeep Grand Wagoneers and BMW 3 Series.
FINE ARTS
Photo: Artist Mario Funes, Montreal , Canada
STATS
Outperformed S&P 500 in the past 10 years.
Global sales of art in 2002:
Over $20 billion.
Global sales of art in 2011:
Over $64 billion.
START-UP COSTS
The start-up cost can be less than $25,000.
Plus minimal insurance costs, of course.
WHERE TO BEGIN
Explore contemporary art by young and emerging artists.
FINE WINE
STATS
The Chinese market is booming.
Demand for French bottles at auctions.
Some bottles sell in the multiples of thousands of times acquisition cost.
START-UP COSTS
Hundreds to low thousands per case.
Storage fees or a cellar
WHERE TO BEGIN
Invest in high quality cases that are in limited supply.
RACEHORSES
STATS
Value depends upon wins and pedigree.
Modest stakes can be turned into millions.
START-UP COSTS
$15,000 TO $20,000 for 25% of shareholder status.
WHERE TO BEGIN
Find a racing outfit that provides limited partnerships.
Brokers with race-track know-how.
Thoroughbred Owners & Breeders Association
WATCHES
STATS
Returns vary depending upon brand, period, scarcity of timepiece, condition.
Watches hold value over the long term.
START-UP COSTS
Lower entry point: $3,000 to $5,000.
WHERE TO BEGIN
Buy quality & brand only.
Patek Philippe
Rolex
Ademars Piquet
Vacheron Constantin
- Lange & Sohne
ROBIN BEHAR, MBA
ON
MEN’S MONEY
WHY DO I LOOK SO HAPPY?
Because I'm marketing the most exciting distributorship
opportunity in the world.
You can be a part of my team - if you qualify!
Because I'm marketing the most exciting distributorship
opportunity in the world.
You can be a part of my team - if you qualify!
CONTACT
6
BAD MONEY HABITS
THAT HOLD YOU BACK
BAD MONEY HABIT
#1
YOU’RE LOOKING FOR SCAPEGOATS
STOP BLAMNG
The Great Recession
Shady Lenders
Wall Street Titans
Government Agencies
HONEST APPRAISAL
Take an honest inventory of your role in your own financial situation.
You may be the cause of your distress.
Avoid repeating the same mistakes.
BAD MONEY HABIT
#2
YOU DON’T KNOW WHERE YOUR FINANCIAL VALUES CAME FROM
HOW ABOUT YOUR PARENTS?
Were your parents trying to keep up with the Joneses?
Are you trying to do the same thing?
Are you buying your friends by picking up the tab all the time?
Have you run enormous credit card bills?
HONEST APPRAISAL
Why?
Did your parents teach you that money is the root of all evil?
Did you have a workaholic absentee father?
Was your home rich and unhappy?
Was your family poor and unhappy?
How did your parents talk about money at home?
BAD MONEY HABIT
#3
YOU DON’T CHALLENGE YOUR BELIEFS
HOW TO DO IT
Uncover your money scripts by completing the following sentences:
Rich people are _______
Poor people are ________
The moral of my story is______
BAD MONEY HABIT
#4
YOU USE MONEY AS A DRUG
HOW YOU SPEND IT
Expensive clothes.
Killer dates.
Expensive cars.
Needless expenses
Credit-card based.
WHY YOU SPEND IT
A sense of power.
A sense of security.
Self-worth.
You need to keep spending to maintain the feeling.
HOW TO FIX IT
For at least a month:
Write down every purchase.
Investing:
Wait 24 hours before you execute any trade.
Workaholic
What is your mindset at 5pm?
STOP DOING IT
After you understand the reason behind it.
BAD MONEY HABIT
#5
YOU’RE NOT THINKING LOGICALLY
FORMALIZE YOUR CONSTRUCTIVE WORLDVIEW
Your values vs Inherited values
Your values should predominate.
Hippie parents may have said to you:
Money isn’t important.
Your wife and family say to you:
Money is very important.
When you ask your boss for a raise:
Think of your wife and kids’ financial needs.
TO CHANGE YOUR BEHAVIOR
Focus on your most uncomfortable money related feelings.
Overcome them.
Accept these painful feelings.
This will help you separate them from destructive or obsessive thoughts.
BAD MONEY HABIT
#6
YOU’RE USING MONEY TO BUY STUFF,
NOT A BETTER LIFE
MAKE PEACE WITH YOUR CASH
WHEN YOU WERE A KID
You were ignorant about money.
You accepted what you were told about it.
AS YOU GREW UP
You recognized that we are all enslaved to money in one way or another.
You began to understand the power of money.
You began to understand how money works.
You began to use this knowledge to overcome destructive money beliefs.
WHY YOU MAKE MISTAKES WITH MONEY
Because you are:
Bored
Tired
Lazy
Angry
Frenetic
You are not purposeful.
HOW TO SPEND
YOUR TIME AND YOUR MONEY
Ask yourself:
What really matters to you?
If you suddenly acquired all the money you needed,
what would you do with your life?
If you only had 5 or 10 years to live, how would your priorities shift?
If you only had 24 hours to live, what would you regret?
ROBIN BEHAR, MBA
ON MONEY
Discover how you can earn
part-time, full-time and lifetime
income from your home.
part-time, full-time and lifetime
income from your home.
CONTACT
