Archive for March, 2010
Barriers
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Well the Phuket event is over and the feedback has been amazing.
Probably the highlight for me was the way that language barriers were no hindrance to connecting with people. We had interpreters for the actual event but I had an enormous number of Taiwanese, Malay and Indonesian people come and express their gratitude for the changes in their lives. It touchde me deeply to see them want to express their feelings personally even though their English in some cases was almost nil.
I can’t really explain it except to say that it reduced me to tears many times.
No matter what your base culture, issues such as values and forgiveness affect us all and as we get these things right we get healed, we grow and we are able to fulfill our destinies.
I quite “like” training property investors but I feel deeply fulfilled when i share deep mental and spiritual truth with others.
How about you my friend, have you figured out yet what your real calling is? And what are you doing about it??
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor
Tragedy and Triumph
Posted by: | CommentsHI everybody. I am currently in Phuket with dodge as internet so excuse me if things are brief and poorly formatted
.
Wow what a place. I drove on the back of a scooter down a “road” that was actually a mud track past destroyed homes and piles of rubbish and smells that destroy your nose hairs. After stopping we walked literally 40 metres to a beach so gorgeous it took your breath away and the shore consisted of siliconed beauty’s and tourist shops. The contrast was so disingenuous it is hard to describe. Trying to cope with my sadness over the obvious tragedy and loss of like an income, yet at the same time confronted with intoxicating beauty and the spirit of the Thai locals who have their businesses operating again so quickly.
Maybe harsher environments actually cultivate entrepreneurs more than our western training models. Maybe we could learn a lot from this culture that simply got up again and refused to be destroyed by destruction. If this had happened in NZ or OZ I reckon we’d all be standing there bitching at the government for not sorting everything out. At least here they take personal responsibility and made it happen, no matter how hard or how improbable.
Something to think about on a Thursday.
Hopefulty I ‘ll talk to you tomorrow
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor
It’s a small world after all
Posted by: | CommentsI got talking to a shop keeper yesterday who was asking why I was buying so much “weird” stuff. When I explained I was speaking at an event in Thailand and needed to have everything with me she commented that she had never been on a plane. I said she should try it soon and hre response really surprised me.
She said: “Oh no I don’t want to do that. I like New Zealand. I like to watch stuff on Sky of course. I’ve been everywhere that way now!”
I just couldn’t think of a reply to that. I was initially thinking about this lady’s mindset that would be satisfied with life lived in 1 suburb. She was in her 60′s so one can assume her personal development has been “limited”.
But to be fair she thinks she has visited everywhere anyway because Sky has made the world so small.
And I guess by sticking to the flat screen the weather is always great, you get to see the absolute best tourist spots and never have to endure a long flight or an obnoxious guide
So thought for the day…….
Are you actually living your life or do you let the Discovery Channel do that for you?
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor.
Is Heaven real?
Posted by: | CommentsWarning, blatantly Christian Blog today!!
Story too powerful to not share.
17-year-old Brian Moore had only a short time to write something for a class. The subject was what Heaven was like. Unable to think of what to write he borrowed a piece from a book as it captured his heart and thoughts about heaven.
At the time he presented it as his own work, hence the following is written on that basis. His plagiarism in no way negates the significance of what unfolded.
“I wowed ‘em,” he later told his father, Bruce. It’s a killer. It’s the bomb. It’s the best thing I ever wrote.” It also was the last.
Brian’s parents had forgotten about the essay when a cousin found it while cleaning out the teenager’s locker at Teays Valley High School in Pickaway County
Brian had been dead only hours, but his parents desperately wanted every piece of his life near them, notes from classmates and teachers, and his homework. Only two months before, he had handwritten the essay about encountering Jesus in a file room full of cards detailing every moment of the teen’s life. But it was only after Brian’s death that Beth and Bruce Moore realized that their son had described his view of heaven.
It makes such an impact that people want to share it.
“You feel like you are there,” Mr. Moore said.
Brian Moore died May 27, 1997, the day after Memorial Day. He was driving home from a friend’s house when his car went off Bulen-Pierce Road in Pickaway County and struck a utility pole. He emerged from the wreck unharmed but stepped on a downed power line and was electrocuted.
The Moore ‘s framed a copy of Brian’s essay and hung it among the family portraits in the living room.
“I think God used him to make a point. I think we were meant to find it and make something out of it,” Mrs. Moore said of the essay. She and her husband want to share their son’s vision of life after death. “I’m happy for Brian. I know he’s in heaven. I know I’ll see him.
Here is Brian’s essay entitled:
” The Room.”
In that place between wakefulness and dreams, I found myself in the room. There were no distinguishing features except for the one wall covered with small index card files. They were like the ones in libraries that list titles by author or subject in alphabetical order. But these files, which stretched from floor to ceiling and seemingly endless in either direction, had very different headings.
As I drew near the wall of files, the first to catch my attention was one that read “Girls I have liked.” I opened it and began flipping through the cards. I quickly shut it, shocked to realize that I recognized the names written on each one. And then without being told, I knew exactly where I was. This lifeless room with its small files was a crude catalog system for my life. Here were written the actions of my every moment, big and small, in a detail my memory couldn’t match. A sense of wonder and curiosity, coupled with horror, stirred within me as I began randomly opening files and exploring their content. Some brought joy and sweet memories; others a sense of shame and regret so intense that I would look over my shoulder to see if anyone was watching.
A file named “Friends” was next to one marked “Friends I have betrayed.” The titles ranged from the mundane to the outright weird. “Books I Have Read,” “Lies I Have Told,” “Comfort I have Given,” “Jokes I Have Laughed at.”
Some were almost hilarious in their exactness: “Things I’ve yelled at my brothers.” Others I couldn’t laugh at: “Things I Have Done in My Anger”, “Things I Have Muttered Under My Breath at My Parents.” I never ceased to be surprised by the contents Often there were many more cards than expected. Sometimes fewer than I hoped. I was overwhelmed by the sheer volume of the life I had lived.
Could it be possible that I had the time in my years to fill each of these thousands or even millions of cards? But each card confirmed this truth. Each was written in my own handwriting. Each signed with my signature.
When I pulled out the file marked “TV Shows I have watched,” I realized the files grew to contain their contents. The cards were packed tightly, and yet after two or three yards, I hadn’t found the end of the file. I shut it, shamed, not so much by the quality of shows but more by the vast time I knew that file represented.
When I came to a file marked “Lustful Thoughts,” I felt a chill run through my body. I pulled the file out only an inch, not willing to test its size, and drew out a card. I shuddered at its detailed content. I felt sick to think that such a moment had been recorded. An almost animal rage broke on me.
One thought dominated my mind: No one must ever see these cards! No one must ever see this room! I have to destroy them! In insane frenzy I yanked the file out. Its size didn’t matter now. I had to empty it and burn the cards…
But as I took it at one end and began pounding it on the floor, I could not dislodge a single card. I became desperate and pulled out a card, only to find it as strong as steel when I tried to tear it. Defeated and utterly helpless, I returned the file to its slot. Leaning my forehead against the wall, I let out a long, self-pitying sigh.
And then I saw it. The title bore “People I Have Shared the Gospel With.” The handle was brighter than those around it, newer, almost unused. I pulled on its handle and a small box not more than three inches long fell into my hands. I could count the cards it contained on one hand.
And then the tears came. I began to weep. Sobs so deep that they hurt. They started in my stomach and shook through me. I fell on my knees and cried. I cried out of shame, from the overwhelming shame of it all. The rows of file shelves swirled in my tear-filled eyes. No one must ever, ever know of this room. I must lock it up and hide the key. But then as I pushed away the tears, I saw Him.
No, please not Him. Not here. Oh, anyone but Jesus. I watched helplessly as He began to open the files and read the cards. I couldn’t bear to watch His response. And in the moments I could bring myself to look at His face, I saw a sorrow deeper than my own. He seemed to intuitively go to the worst boxes.
Why did He have to read every one? Finally He turned and looked at me from across the room. He looked at me with pity in His eyes. But this was a pity that didn’t anger me. I dropped my head, covered my face with my hands and began to cry again. He walked over and put His arm around me. He could have said so many things. But He didn’t say a word. He just cried with me.
Then He got up and walked back to the wall of files. Starting at one end of the room, He took out a file and, one by one, began to sign His name over mine on each card. “No!” I shouted rushing to Him. All I could find to say was “No, no,” as I pulled the card from Him. His name shouldn’t be on these cards. But there it was, written in red so rich, so dark, and so alive.
The name of Jesus covered mine. It was written with His blood. He gently took the card back. He smiled a sad smile and began to sign the cards. I don’t think I’ll ever understand how He did it so quickly, but the next instant it seemed I heard Him close the last file and walk back to my side. He placed His hand on my shoulder and said, “It is finished.”
I stood up, and He led me out of the room. There was no lock on its door. There were still cards to be written.
“For God so loved the world that He gave His only Son, that whoever believes in Him shall not perish but have eternal life.” John 3:16
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor
Are we there yet?
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I’m not sure exactly when this phrase was immortalized however for me it always reminds me of Space Jam, 1 of my 2 favourite movies.
Whenever people ask me if they should be buying or where in the cycle do I think we are I always hear them saying “Are we there yet?”
We all want to be told that now is the time to buy or we should wait for various reasons. Now I understand that timing can be critical however I think we like to ask these questions sometimes hoping that we will be told to do nothing. And this removes the need for us to take responsibility for our own situation and allows us to feel good that we took action by asking a question.
Overcoming this takes a bit of a mental push into a space where we begin to say to ourselves there is always something I need to be doing to keep in charge of my own financial destiny. So the question is never “Should I do anything?” but “What should I be doing in this particular phase?”.
I watch people make money as the market goes up, down and sideways. All we do is tweak a strategy here, modify a rule there, change focus over there, but we keep moving towards our goals and our future.
As a wise man once said: “Faith without works is dead”.
Having faith in property investment without taking consistent long term action is like reading books about swimming but never ever getting in a pool!
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor
Why, why, why Delilah?
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It is often said that New Zealanders are “obsessed” with property investment. This is kind of true in one sense but completely misses the point of WHY we are into property. Let’s look at the options.
1. Stick your money into managed funds. Managed funds are a great way to create fee based income fro fund managers but talk to any older solicitor, as I did yesterday and they will tell you they are a rort. My solicitor told me of 2 clients with significant funds in a managed fund. One of them achieved 14% cumulative increase over 10 years and another averaged 2.5% over the same decade. So managed funds lose you money as they don’t even keep pace with inflation
2. Finance Companies. It has been shown to most kiwi’s satisfaction that too many finance companies are operating ponzi schemes so it will take a long time before we ever go there again.
3. Shares. Well rightly or wrongly, average mum and dad think shares are legalised gambling and they just don’t understand it, so it will never get the traction it has in the USA for example
4. Property. So property is easily understood, has feel good factors and a long history of increasing values. Compared with 1,2 or 3 you would be stupid to not consider property.
This is not me talking as a property educator now. I got into property BECAUSE I reached this conclusion when I was looking for ways to create wealth.
It’s time the governments stopped complaining about us loving property and understanding that we love property because it is low risk. Business owners bang on about how unfair it is and how hard it is for them to get funding. Well that’s because 90% of them go under. The government doesn’t want to fund high risk lending but wants its constituents to??
That is simply irresponsible governance.
If we look at Australia where they forced people to save a significant percentage of their income for retirement and then allowed them to invest directly in property. End result is a wealthy nation with a robust economy. (Yes there are other factors but compulsory super is a huge foundation to their peoples wealth.)
So as an investor today be proud that you are investing in the safest and lowest risk asset class possible, which is responsible investing, and ignore the whiners and complainers who like to attack those who are taking control of their own futures.
Let’s celebrate our obsession with securing our financial futures, leaving a legacy for our children and not wanting to throw money down the drain on riskier ventures
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor
Reality Bites
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One of my agent mates emailed me this morning saying:
“Days to sell in my area increased by 33 in last month. Feb sales lowest for years but Property Press over the last few weeks have been larger than normal.
Maybe a bundle of investors trying to sell off 1 of their rentals prior to new tax laws?
Plenty of cashed up buyers just slow to act unless its a deal!”
This is of course of no surprise to me as it is exactly what I have been predicting, right down to the cashed up buyers.
So my question is why does the government keep talking about this recovery we are having and our slow ascent out of recession etc.?
At our Auckland event we spent a lot of time encouraging and inspiring people to counter the negative noise many of us battle with and teh change in people is incredible. So it occurred to me today that maybe the political spin doctors are trying to do the same thing? Maybe because things are so uncertain and potentially bad economically they have said to John Key:
“Look let’s talk things up for a bit so people feel better. At least then when the bovine eschatology hits the whirly thing they are at a better emotional level and then when we can’t hide the bad news any longer they will have more depth to fall before hitting rock bottom”.
Maybe that’s a plan Stan, maybe that is a valid way to try and manage a long term bad news position to try and not push a country into despondency??
What do you think?? I’d love to get your comments!
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor





