Welcome...Your Freedom Awaits You...
Welcome to the world of investing in mutual funds, more
specifically, freedom through investing in offshore mutual funds. Here is my story on how I got into offshore mutual fund investing.
From
the desk of Alwyn Beikoff
Dear Fellow Investor,
We’ve never met but if
you're reading this we probably share a common interest. That interest is in achieving complete and total freedom.
Now that can mean a lot of different things for different people.
To me it's doing what I want when I want wherever I want. I realise a native in the jungle might be free - in some ways maybe even more so than people in
'advanced cultures where life is restricted more and more by rules and laws and the ever-watchful eye of 'Big Brother'.
In industrialized cultures it takes money to have freedom (unless you're totally happy squatting in a humpy on someone else's beachfront property and living on fish). To gain freedom you have to know how to get the freedom currency and how to use it to grant yourself more freedom. So ours is an interest in making our money work for us rather than the other way around.
Sadly most people are so busy working
for money to pay for a few lousy bills that they never achieve the financial life of their dreams. Life is an endless circle of giving most of your best time to others who pay you minimal wages and then the Taxman takes a swag of it. Then you give most of what’s left to other people for various products and services. The little bit that you manage to save up and invest gets eaten up by poor returns, fees and the bill from your investment advisor! No wonder you
feel you’ll never get ahead!
You've become a slave whose freedom consists of a couple of rest days before you go out to get some more money to survive in modest comfort a little longer. This is not freedom.
How do I know this?
Because I’ve been there.
For thirty years I struggled to get
ahead. Progress was painfully slow. Whenever I’d make a win, something would
come along to set me back again. This made me feel a bit desperate at times and
guilty that I hadn’t ‘made the grade’ as I’d hoped. Unknown to me I was
reinforcing the very pattern and beliefs which kept me stuck in one of those
‘lives of quiet desperation’ that most folk lead.
I started with term deposits for my meagre savings. I
also had some mutual fund deposits through insurance but I soon realized I’d never get in the 'financial freedom club' on those returns!
Next came gemstones… not a good move. Although now my
wife has a small fortune in set gemstones which I couldn’t sell for what they
are supposedly worth anyway. So much for valuation and authentication
certificates!
Then I tried bullion. Now it was certainly nice to
touch solid gold and to have a silver bar wrapped in newspaper as our doorstop
(not that anyone knew it) but again, it wasn't my ticket into the 'financial
freedom club'.
So, into real estate I go. This time I’m smarter
because I attend seminars and read more books and talk to others who “know”
about real estate. Now we have to admit that some people are more astute than
others and are able to “pick the market”, pick a great buy in the right
location, know what to do with the property and then, exactly when to sell it. If you are one of those people that’s great but DON’T STOP READING THIS YET!
There's a secret wealth place where you can make your gains grow even more and still invest in property if that's what you love to do.
Now don't get me wrong. Property investing, IF DONE CORRECTLY is terrific for growing wealth over the long term. In fact I think it should be the cornerstone of your investment portfolio. Good properties in good locations yield rentals which result in ever growing equity which can be used for more property. The profits from offshore funds, when taken can be used for more property as well as more offshore investments.
Anyway, back to my story: after several years of
collecting rents, and maintaining properties over a period which was not exactly
a great capital growth period I was forced to sell by the bank. The reason was
because I was wanting to go into a business but the bank deemed I did not have
enough liquidity. That can be a problem with real estate. My money,
but the banks control it.
After that came shares. After all they were more liquid
and I had found a Guru who had been very successful with a proven track record
in the local market for many years. All I had to do was follow his
recommendations to buy and sell when he said. Well that was easier said than
done and after a few more years I was still quite dissatisfied with the returns
I was making. Wealth through investment continued to elude me…
Then one day I discovered a shocking truth…
You can make 60% or Even More
On Your Investments!
After experiencing returns ranging from
negative to a measly 12% this was almost unbelievable news. That’s when I
started to learn what I was lacking.
Firstly, the knowledge I had was
incomplete. The ‘experts’ I had been learning from and taking advice from
weren’t giving me the full story. (Mostly this was because they didn’t know the
truth themselves.) But they were also guided significantly by their own self
interest. They made money if I followed their advice even if I lost because
of that advice. Most shocking to me was discovering that my own government
and banks didn’t want me to know about and actually discouraged knowledge of a
field of investment that has been used by the wealthy for decades and which is
available now
to ordinary people…
the world of offshore investing.
Secondly I didn’t have the contacts
who knew the truth about safe offshore investing. Like most people and my
financial advisers, I thought offshore investing was risky. In reality it’s no riskier
than investing onshore. Once my eyes were opened up to the truth I did discover
however that investing offshore was just as difficult as investing onshore
simply because of the tens of thousands of possible places to invest.
Then I discovered the contacts who could make it easy and
simple.
With access to information about the
world’s top performing investment funds, choosing where best to put my money
became much easier.
I now have more peace of mind, my money is growing for me and when I choose to stop being busy (because that's how I am) I have more time to lay around if that's what I want to do.