I have been busy in the last few weeks moving households and neglected my Blog. All good because I now live in beautiful Squamish, which is located halfway between Whistler and Vancouver. The drive is spectacular along Howe Sound. Some days you can see whales and every day you see the majestic mountains that drop directly into the sea. You will be seeing more of this area, because we are hosting the Vancouver 2010 Winter Olympics and the media are coming to town!
The world has changed and some people do not seem to be aware that the changes are dramatic and significant. I am not talking about the Climate change. I am talking about the Financial changes. You have a choice to make, right now and right here. Do you want to become educated and be told the truth?
When I first learned the truth, I was emotionally upset because I realized that I had been dummied down, which started when I was only a child in school. My public education was so un-educating, when I look back I am amazed I actually stayed in school. (I know it was my parents wrath that kept me there).
I began to understand that the financial education I was given as a child and then as an adult was seriously lacking in the whole truth when the market crashed in 2001. My RRSP portfolio lost a significant amount and it was too late to do anything after the money was just vanished. I realized the advice I was getting from the Financial Planner was lacking the truth when I asked. “How do I get different advice than simply investing in Mutual Funds?” The answer was I had to have at least $500,000 and then I would get different advice on how to invest. After doing some quick calculations I knew that unless I won the lottery, I was not able to save enough to get there while still raising my daughters and working in the JOB (Just Over Broke).
So the next chapter began. I started to read books, Rich Dad Poor Dad, Cash Flow Quadrant, Why We Want You To Be Rich and Think And Grow Rich and a few others. This education allowed me to realize that the stock market with mutual funds as the investment is a extremely risky. I told my Financial Planner to take all my investments out of the mutual funds and convert it to cash, because I knew that at least that would not lose value. (or at least I thought at the time)
I know much more now and am so very grateful to be in a place in my life that allows me to have control of my financial portfolio. It began because I seek truth and had enough life experience to know the truth when I hear and see it. I had the courage to take action, even when some people felt that I was taking too much risk. I feel staying invested in the stock market with mutual funds and restricted RRSP’s and have the JOB is way riskier than what I am now doing.
So, as the title of this article says. Are you ready to learn the truth? If so, then go to my contact page, complete it and begin your journey of education.