Investing in Uncertain Times

The past couple of weeks have been a roller coaster in the news and it has left some people feeling anxious about the future. That can happen right before an election anyway because we feel uncertain not knowing who’s going to be in White House or what they might do. We have also been going through a couple of years of high inflation coming off the crazy time we had with the pandemic. So, it’s no wonder that some people don’t want to take risks, especially big risks with their money.

Investing your money will always come with some kind of risk. If it wasn’t risky, everybody would be doing it! But none of us would make much money if everybody was trying to do it so think of risk as a kind of filter that sorts out the people who can’t take a lot of risk or who just aren’t comfortable with it.

The problem for people who aren’t comfortable with taking some risks is that they can end up looking back and regretting that they didn’t invest back when they had the chance to really grow their wealth.

So, what I’m trying to say is, don’t be like the people that will look back in 3, 5, or 10 years from now and wish they had gotten into real estate income properties sooner. The sooner you can start investing in real estate, the more wealth you will have in the long run.

I’ll tell you one really true thing — politicians are not going to cure our inflation. They’ve not been able to do so since the beginning of time.  So don’t think that your choice for government leadership is going to reduce inflation, give us certainty in the stock market, or create a strong real estate market. Besides, now is actually a good time because you can benefit from national inflation instead of being hurt by it.

The thing is though, you need to know how to go about getting into these investments, because otherwise you’ll be making all the mistakes you really want to avoid. I know… I made a lot of mistakes when I got started. But you don’t have to make those mistakes that are only going to slow you down. 

My book, The Next Step to Waking the Financial Genius Inside You, contains a tried and true game plan to avoid many of the common mistakes people make when starting out and gives you specific knowledge to keep you on the right path.

You and I may be different in many ways, but I honestly and sincerely believe we have at least one common interest — that we live in a country with opportunity, and we have the means to make things happen.

I have tremendous faith in our American free enterprise system — as I hope you do — and I believe that your efforts can be so well rewarded.  If you stop and think about it, our economic system is geared to allow the ambitious to succeed. So don’t let the ups and down in the news get to you. Instead, get yourself the information you need to make you feel more confident that you can minimize your risks. Because America still is a country where a person can make their dreams come true.

Find Your Formula

Having a ton of money does not make for a perfect life and I’m pretty sure that most of you would agree with that. Still, a lot of what I have written about in my life is about making big money because there are lots of great things and big benefits that large amounts of money can do for you and those around you. I think my readers here would probably agree with that too. But, if people know how great wealth can be for them, why are most people not wealthy?

I’m pretty darn sure I know the answer to that question and it’s not one of the answers many people might think it would be. Not having wealth isn’t because they …

… don’t have a very high IQ.

… didn’t earn a college degree from a top school.

… didn’t win the lottery.

… didn’t come up with a stunning new invention.

… didn’t get a big inheritance.

So, if those are the reasons why most people aren’t wealthy, then what is it?

Well, there’s actually several reasons, but the biggest factor is a failure to follow or use a proven formula or plan. And believe it or not, that reason is a pretty darn simple one to do. Notice that I didn’t say it was easy to do. Following a formula or plan can take a lot of hard work and it does take time. But once you have a plan, you simply follow it.

Sure, there are a lucky few that make fortunes almost overnight, getting a big inheritance, discovering a new invention, or winning the lottery but those cases are very, very rare and can’t provide most people with a way to wealth. Most fortunes are made over many, many years by following a solid, time-tested, and proven financial formula.

It’s rather sad that so many people still think and dream of the day they are going to suddenly “strike it rich”. That myth is constantly fed by the rare but widely reported occasions when someone does get lucky. Those very exceptional cases are magnified by the media, and it keeps people holding on to “the dream”.

But winning the lottery or inventing the next big thing is not something you can plan for, much less depend on. Planning and finding a formula that works is the only way to make wealth happen for you. There are never any guarantees but if you plan, work hard, and keep at it, you are more than likely going to reach your goal and you’ll certainly be much better off than if you sat around waiting for wealth to find you.

So, don’t just dream about having large amounts of money. Do something about it. I have sure-fire formulas that you can read about in my books like The Next Step to Waking up the Financial Genius Inside You. Find your formula, make a plan, and get on track to improving your life with great wealth.

Another Kind of Reward

I certainly have had some very great rewards in my life from writing my books and posting my weekly blog. Now, I’m not talking about rewards of money, although I’ve had great monetary rewards along the way and have ended up with much, much more money than I ever dreamed of making. But there are many more rewards that have nothing to do with money.

So, what are these huge, non-monetary rewards? They are receiving letters, emails, or phone calls from people who have read my writings and, having followed those words, have cashed in big time. For some, the results have been huge.

One of the first notes I received was years ago when a guy who was going to college read my book and start putting some of the strategies, methods, and systems into practice. He soon began to make big bucks. Later this guy wrote me a letter to thank me for writing the book he’d read and for sharing with my readers how to make big bucks by following the formula that had made me a fortune, ensuring readers that anyone can do the same thing.

In the end, this guy made many millions more than I did and he gave me almost all the credit. Dell Loy Hansen is a billionaire now and is still going strong. He has some very huge office buildings and even owned a terrific professional soccer team for a while.

If you have read my book, The Next Step to Waking Up the Financial Genius Inside You, you may have seen that I copied the first letter he sent me in which he thanked me for helping him make a fortune. I love his postscript in the letter. It reads, “Thanks a Million — or more appropriately, ‘Thanks a Billion’.”

Dell is just one of many people that have thanked me and given me so much credit for helping them make tons of money. Helping people and getting lots of thanks and appreciation is a huge reward! It just makes you feel so, so good to know that you changed a person’s life in such a positive way.

Just a couple of weeks ago, I received a great heartwarming text from Scott Keller, another real estate expert and entrepreneur, who had just been interviewed by Jimmy Rex for his podcast. Here’s is what Scott wrote to me:

“I was interviewed by Jimmy Rex on his podcast today. Are you happy and all good? I hope you are well. Thank you for your great influence in my success. I exceeded the $1B mark, which had much to do with your early influence and book, Waking Up the Financial Genius Inside You.”

There was one more thing Scott said on The Jimmy Rex Show podcast that I would like to share. He said that he gave me a shout out. To be precise, he said, “I gave a shout out to you as the best financial book I read out of 12 books.” What a heartwarming shout out and what a great reward.

Thanks a Billion!

I’ve been talking about the great success of the young university student that started with nothing and ended up with billions of dollars worth of income producing properties but this time,  I thought I would try to tease you into reading,  or re-reading, The Next Step to Waking up the Financial Genius Inside You by posting the thank you letter that Dell Loy Hansen sent me years after reading my book and which now prefaces the Pre-forward of the revised edition. This is just one of many thank you letters I have received and shows you how putting my principles to work really can change your life. :

Dear Mr. Haroldsen:

I have wanted to thank you for many years, but like most people I have not until now. When a friend told me you were going to republish your wonderful book, How to Wake Up the Financial Genius Inside You, I saw my chance to return a favor.

You woke up my “genius” over 25 years ago when I had a $200 VW and a ten-speed bike to my name. I wanted to own real estate to gain cash flow and future value as the mortgage loans paid off, but how? Your simple, straightforward plan allowed me, at 23 years of age, with no credit history or capital beyond a 2 week paycheck, to buy my first two homes for $200 down. I owned those homesf for 12 years them sold them for a $72,000 profit plus the years of cash flow I lived on.

When people ask, “can I still do this?” I smile. I truly believe it is actually easier today with better information, computers, more cash in the economy, and obviously, a great deal more real estate to choose from. I sincerely think I could do “better” today with an average intelligence and above average desire than 25 years ago.

For 25 years, I have pursued your principles and continued to grow in economic strength and knowledge. Today, the group of friends and family that I lead as chief operating partner own over one billion in real estate in Utah, Nevada, and California. The cash flows now exceed my dreams and my friends and family are economically secure and grateful. Life is so fulfilling as my options to travel and do charitable work are part of my every day life.

Thank you a million –or more appropriately, “Thanks a Billion!”

Your grateful student,

Dell Loy Hansen

CEO Wasatch Property Management, Inc.

Okay … did I tease you enough for you to read the book?  You could also do someone a huge favor by giving or sharing the book with them–it could change their life and yours too! Get yourself or a friend a copy here.

 

Your Own Financial Genius

Years ago after writing my first book How to Wake Up the Financial Genius Inside You people started calling me a “financial genius”. My typical response was “Thanks, but I am no genius or a financial genius! I am just an ordinary guy who got through high school with a “C” grade average.” I would then explain that the millions of dollars I made were due to following a simple formula that my multi-million dollar mentor, Larry Rosenberg, shared with me–the same formula that I have shared with you in my book.

Fast forward many, many years and many more millions of dollars. I was recently shocked when, just for fun, I Googled the words “financial genius” and saw my name come up just above Warren Buffett and Albert Einstein (since I first looked at this Google page, I moved from top of the list into second slot and Warren Buffett was replaced by Alan Greenspan.) My name was there as part of Amazon’s website and shows my original 1976 edition of How to Wake Up the Financial Genius Inside You, available for $12 dollars and the revised edition called The Next Step In Waking up the Financial Genius inside You, available for $24.50.

Seeing my name and book listed so predominately on the Google search has motivated me to offer all of my blog readers a REAL DEAL! The timing of this is particularly, serendipitously and financially very, very important. Why? Because right now with today’s much reduced prices combined with the incredibly low interest rates, you would have a tough time finding a better period in modern history to apply my simple but highly effective “million dollar strategy” ,which really is the strategy that wakes up anyone’s financial genius.

Right now is the best opportunity for buying properties you can fix up and flip or just rent with huge rates of return. Go ahead and Google “financial genius” right now and see for yourself the comments on the old book like the one Jason from Colorado sent saying “The numbers are from 1976, so add a zero to most of them and it translates well into modern day.” Or from Dallas, Texas W.E. Wyatt’s comment “Change the numbers and this book could have been written this year. The principals remain the same.” And folks, that’s comments about the 1976 book!

Let me tell you about the revised book The Next Step in Waking up the Financial Genius inside You. It’s bigger and better and if you or someone you know wants help with making a fortune, I will help you out right now.  Email me at moh@reincome.com or call the office at 801-307-2787 and ask for Malinda and I will send you the new edition for only $9.95 with no shipping or handling charges—if you want both the old edition and the new—add 5 bucks.  You need to get started right away since interest rates are beginning to slowly climb as are prices of properties!