Money, money money, must be funny, in a rich man’s world

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It is certainly a tumultuous time out there in the finance industry. Everyday seems to be bringing tighter lending criteria and more and more people finding it difficult to borrow money when they never had an issue before.

Whilst there is no doubt that the money go round is only firing on a couple of cylinders I think we need to remember a few things as well.

1. Lo-doc and no-doc loans only came to New Zealand around 2001. We have been successfully investing in New Zealand for nearly a hundred years without them.

2. Because they so easily solved the finance problems there has been no need for any more sophisticated products and solutions. They will now start to appear as investors find new ways to keep investing.

3. There is no shortage of money in the world. It is unfairly distributed, but there is lots of it. Much of the current meltdown is actually paper money, artificial money created on a computer. However there are people and nations groaning under the weight of real money. Areas like the UAE actually can’t spend it fast enough.

For example I we are launching a new finance product at our Up Strategies event for people with lots of equity and decent income who can borrow money at 4% up to 80% LVR!!

It’s not for everyone but will make a lot of people smile, maybe you, and suddenly give you the ability to not just keep investing but grow a seriously cash flow positive portfolio.

When the world changes human nature doesn’t mean that we all lie down and die.
People like me just start looking for better solutions .

you may feel a bit hamstrung for a few months until the dust settles but that is a great time to get educated, check your goals and rules and generally get ready to go again.

Stay Safe ~ Dean Letfus.