Friday, October 31, 2008

We may be the “worst ever” Phans but…

Welcome to Philadelphia! Home of the worst sports fans ever, right? As a native Philadelphian, I can tell you that I've done my fair share of griping, booing, and screaming at hundreds of home games…Phillies, Flyers, Sixers, Eagles (we call them the Iggles here..), Phantoms, Soul…

I've also done my fair share of hoping, wishing, gnashing my teeth…and being the eternal optimist (of course the Flyers can score two goals in a minute and forty-five seconds!) but we ALL do this for our favorite sports teams, don't we?

Watch this video of South Philly's own Monty-Gee on our local news to get an idea of just how excitable we get when it comes to our sports teams here:

http://abclocal.go.com/wpvi/video?id=6466836

We Philadelphians are dedicated and loyal fans, no matter what the rest of the country thinks about us! We love our Phils, our Flyboys, our Birds!

Now the business lesson…

In Philly we *expect* production out of our highly paid sports stars! In fact, they get paid whether they perform or not and that just pisses us off!

We fans pay top dollar for tickets. We fight the traffic, we sit stuck in the parking lot for an hour after the game, we pay $7.50 for a beer…When we don't get the performance we're paying for, we complain loudly about it! We expect "those in charge" to listen to us, too! And when they don't listen we call sports radio stations, newscasters, go to games and complain loudly! We boo, we jeer, we hiss! We hold up homemade signs that say "You Suck Insert Sucking Hero's Name Here!"

Eventually, "management" starts making different decisions – it may take a few years, but eventually things change…and we get closer to a Cup, a Ring, a Bowl… If management doesn't change, the owners eventually change the management (hear that Andy Reid?) and a new era rushes in!



Phils Win! 1Million Fans Gather!

By the way, this behavior is not just relegated to sports! In the next handful of days, many of you will be getting your brokerage statement by email, or by regular mail. You know…the performance of your retirement fund, your 401(k), your IRA, your Mutual Funds…Heck, even your savings account! This month, have the nerve to open your statements – study them, do an honest assessment of what's working and what's not - don't just throw it in the mail pile and hope it gets better! It's your retirement that you're ignoring! It's your family legacy, and it's your quality of life! And remember, just like the Sucking Sports Star gets paid whether he performs or not…your Sucking Fund Manager gets paid, too! Let him know about it immediately! You expect and deserve more, and you should have it!

You should also have the skills that are required to take matters into your own hands! You just need the financial education – I know you value your education…after all you've pursued your academic education, and you've pursued your professional education. And it's paid off for you in spades probably, too!

Now it's time for you to prepare yourself for these "troubled" economic times. Many people will offer you some "hope" during these times, while they try to pick the last few bucks from your pocket (a well diversified portfolio of mutual funds). Well, I say that it's high time you knew what questions to ask them, what steps to take, what models to follow, what vehicles to use, what pitfalls and mistakes to avoid.

On Tuesday November 4th (Election Day) at 7 PM I'll be live at the Crowne Plaza Hotel in King of Prussia teaching my 7 Step Wealth Building System that can get you out of the Rat Race and onto the Fast Track of Wealth QUICKLY! No matter what direction the economy and the market is headed in! You'll leave with the knowledge, information and confidence that you need to easily navigate these turbulent economic times. Plus you'll also have the tools to dramatically increase your income (by $1,000, $2,000, $5,000, or even $10,000) every single month!

Register FREE right here: http://www.realestatelifestyle.com/liveevents.aspx You can also register with Danyhel in my office by calling 866-522-2621.

I'll be doing a repeat performance of this life-changing training on November 5th at the Crowne Plaza Hotel in Cherry Hill New Jersey.

Each night, immediately after the training session, I'll be personalizing YOUR FREE COPY of my book, Live The Real Estate Lifestyle: Seven Steps You Can Take Today To Leave The Rat Race And Start Living The Lifestyle You've Always Wanted! Everyone in attendance will leave with what's been called "the last book you'll need on Real Estate Investing". I personally call it the Owner's Manual to Cashflow Now! And it's yours free, as my personal encouragement and as a reward for you taking an interest in your financial education!

Don't be a victim of the financial tsunami that's on its way! Get the information that will make you the captain of your economic battleship!

Register for FREE Right Now: http://www.realestatelifestyle.com/liveevents.aspx
You can also register with Danyhel in my office by calling 866-522-2621.

Congratulations, 2008 Phillies! You showed up! You stepped up! You delivered the goods! Now, you've won our hearts! It's not too much to ask for a repeat in 2009, is it?

Your Real Estate Success Coach,

Jim Canale

www.livetherealestatelifestyle.com

P.S. Don't forget to register for your FREE Live 2 Hour Training with me right now at http://www.realestatelifestyle.com/liveevents.aspx. The dates are November 4th and 5th at 7PM. I'll be giving you a ton of usable action steps that you can take right away to increase your Cashflow for today, while setting up a retirement plan that won't let you down!

P.S.S. I'll also be giving you your own personal copy of my new book (rated 5 Stars on Amazon.com) Live The Real Estate Lifestyle. You'll have a step by step system for getting your own Real Estate investments up and running in no time – without ever becoming a landlord!

P.S.S.S. In case you think I forgot…Happy Halloween!

Wednesday, October 29, 2008

White House Tells Banks To Stop Hoarding Money...NOW!

The article below is just one more reason why you should be at my FREE Two Hour Real Estate Lifestyle Training Event at 7:00 PM on Tuesday, November 4th at the Crowne Plaza Hotel in King of Prussia, PA or on Wednesday, November 5th at the Crowne Plaza Hotel in Cherry Hill, NJ.

While you’re there, I’ll give you an action plan that will get you plenty of money in your bank account in 30 days or less!

Drive, fly, take a train or swim if you have to! I’ll also have my banker, Mike Basjek there to explain how to use today’s banking environment to your advantage. You don’t want to miss this! Read this AP Wire news article to understand why *NOW* is the best time to get some Real Estate in your portfolio ASAP!

Register online right now at http://www.realestatelifestyle.com/liveevents or call us now at 866-522-2621. Let me personally teach you how to prosper, while everyone else suffers, in today’s so-called economic crisis.

I’ll see you there!

Your Real Estate Success Coach,

Jim Canale

www.livetherealestatelifestyle.com

P.S. I’ll also be giving you a free copy of my new book, Live The Real Estate Lifestyle: Seven Steps You Can Take Today To Leave The Rat Race and Start Living The Lifestyle You’ve Always Wanted! just for attending this free training. It retails on Amazon.com for 21.95 plus shipping, but you can get yours for free!

P.S.S. People have joined us from as far away as Arizona, San Francisco, Wisconsin and Rhode Island! No distance should stand in the way of you getting the financial education that you need! Now read on!



White House tells banks getting federal aid to quit hoarding money and start lending it
Tuesday October 28, 4:11 pm ET

WASHINGTON (AP) -- An impatient White House served notice Tuesday on banks and other financial companies receiving billions of dollars in federal help to quit hoarding the money and start making more loans.

"What we're trying to do is get banks to do what they are supposed to do, which is support the system that we have in America. And banks exist to lend money," White House press secretary Dana Perino said.

Though there are limits on how much Washington can pressure banks, she noted that banks are regulated by the federal government.

"They will be watching very closely, and they're working with the banks," she said.

Anthony Ryan, Treasury's acting undersecretary for domestic finance, made the same point in a speech in New York before financial executives.

"As these banks and institutions are reinforced and supported with taxpayer funds, they must meet their responsibility to lend, and support the American people and the U.S. economy," Ryan told the annual meeting of the Securities Industry and Financial Markets Association. "It is in a strengthened institution's best financial interest to increase lending once it has received government funding."

Said Perino: "The way that banks make money is by lending money. And so, they have every incentive to move forward and start using this money."

There has been some evidence of easier lending, Perino said. But it's not enough to calm stock markets or help small businesses that depend on a free flow of credit, not just to expand but to maintain operations through making payroll or financing inventories.

The government is making efforts on several fronts to thaw the frozen credit markets and combat the worst financial crisis to hit the country since the 1930s. But so far, the efforts have shown little in the way of results. Libor, the London Interbank Offered Rate, a key goalpost for international lending, edged down only marginally on Monday and still remains at elevated levels.

The Federal Reserve began a program Monday to purchase the short-term debt of businesses, known as commercial paper. This market has been frozen since the collapse of Lehman Brothers spooked credit markets last month.

Under the authority of the $700 billion financial bailout plan approved by Congress and signed by President Bush earlier this month, the administration also plans to dole out $250 billion to banks in return for partial ownership. The Treasury Department, which is overseeing the massive capital injection program along with the rest of the bailout, will pour $125 billion into nine of the country's largest banks this week. Another $125 billion will go to other banks.

Treasury Secretary Henry Paulson has said the money was aimed at rebuilding banks' reserves so that they would resume more normal lending practices. But reports then surfaced that bankers might instead use the money to buy other banks. Indeed, the government approved PNC Financial Services Group Inc. to receive $7.7 billion in return for company stock and, at the same time, PNC said it was acquiring National City Corp. for $5.58 billion.

Officials have said that there are few strings attached to the capital-infusion program because too many rules would discourage financial institutions from participating.

Thursday, October 9, 2008

Is YOUR 401(k) Getting KO’d?

The Dow Jones Industrial Average finished the day at 8,579! This is what's known as Time Travel for Investors…Unfortunately, your time machine is going in the wrong direction! Close to 5 and a half years of the blood, sweat and tears that you put into your 401(k) have disappeared! The DOW last finished this low on April 28, 2003 when it closed at 8,582! So what can you do when over five years of your retirement savings disappear?

We're told to keep putting that money away while the stock market tanks (On October 12, 2007 the DOW closed at 14,093 – Just a year later it's lost close to 40% of its value AND your money!

General Motors is trading at its 1958 stock price! Are $3,000 Chevy's next? I think not!!!

www.realestatelifestyle.com/myfuture

The great "financial guru's" out there are saying that you should keep on saving your money! Keep working hard…this will all blow over! Someday! In the meantime, banks are literally dropping like flies! (IndyMac, Washington Mutual, soon Wachovia, and 27 other banks in 2008 alone!) To put this in perspective only 10 banks had failed in the US between 2002 and 2007! Can the FDIC possibly handle all of this stress? Should you really keep your money there? I'm not!

Still the government says "trust me" we'll give you Social Security and Medicare…Seems that ain't happening either, since all the privatization plans were counting on the big Financial houses to invest the money for us! Well we all know how that story is going…

So what should you do? Will you ever be able to retire? The truth is that *everyone* is confused! That's why *everyone* is running scared! But you don't *have* to be like everyone else! Not if YOU learn some strategies that will allow you to control your financial future!

Head on over to www.realestatelifestyle.com/myfuture and find out how you can join Robert Kiyosaki, the author of the NY Times Bestselling Book, Rich Dad, Poor Dad for a weekend of strategy and skills that will allow you to change your personal financial destiny. I'll be there, too and I hope you'll join me!

Don't stick your head in the sand…take action before it's too late!

Best,


Jim Canale