Read a link posted by qld 007 about two tier marketing and property and surfing the net and finding alot of motivational hype mixed in with investing- surely you should get these two things from different places.
I saw kiyosaki on tv the other day and now browsing the web I have found quite a few different people doing very different things.
I wonder what is our comfort level – what standards do we hold the guru’s to.
[biggrin]
Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html
Don Nicolussi | Mortgage Broker - Home Loan Warehouse
http://homeloanwarehouse.com.au
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
It’s not about the size of the wallet, it’s about the flashiness of the car he leases…
Can a well read and researched investor offer information even if they dont own anything?
What makes a guru?
Is it what they do or what they know?
Investment Property Management
http://www.adprop.com.auvery good questions dr x.
Sourcing Positive Cashflow Investment Property http://www.cashflowproperties.co.nz/properties-5.html
Don Nicolussi | Mortgage Broker - Home Loan Warehouse
http://homeloanwarehouse.com.au
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
No good preaching if you dont do what you say.
If you want to preach you must at least practice what you preach and have good achivements in what you are preaching.
I have made good money from positive cash flow, CG,developments. I have read god knows how many books, but I would hardly call myself a guru. So to answer DrX question is it what they do or what they know, I would have to say both and be extremely confident in what they know and do . Also have long term experiance in what they have done.
Any man and his dog could have made heaps of money in the last boom ,doesnt make them gurus .
Any man and his dog may know and has read all the creative ways to invest but have know experiance .
I feel it is a cobination of knowledge,results, and long term experiance. Then maybe you can be called a guru anyone who calls themself a guru I would worry about.
We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
[email protected]It depends on whose goggles you are looking through at the time.
My 10 yr old daughter is a guru at putting DVD’s on and getting all of the knobs and dials just right. Leaves me in her dust. I’m sure the older folks here would relate.
Guru status I think is a very specialised area. I think there is a saying…something like “There is nothing that looks more stupid or acts so incomptently than to take an expert out of his / her area of speciality”. Just think of a fashion model out on a bush safari, more worried about painting her nails than changing the flat tyre…or a remote country farmer thrust into a high rise CBD boardroom situation.
If you know 2% of a subject, and you bump into someone who knows 5%, in your eyes they are a guru. Someone who knows 10% of the subject reckons the same person is a novice…..hence why humans disagree all the time.
This is a “frame of reference question”, as most things in life are.
For me personally, I would consider someone a property guru who is about 2 or 3 steps above me on the ladder of property wealth. Anything above that, and I wouldn’t fully comprehend what it is they know and / or can achieve.
I’m sure I bump into people occassionally who are gurus, but my radar isn’t developed enough to even recognise them as such. This is where life changing opportunities are subtlely presented and we squander them without even realising it.
hi all
this is a very difficult question as I have never met one.
I have met a lot of people that they think they are one or people that think some one is one
but not met one myself
yet maybe they are next to the unicorn thats another thing people would love to find.
what I look for is not a guru but a professional in there field and they are very different things.
a professional can and does do his or her job and can show you what they can do
were as from what I read or hear a guru tells you what he or she can do.
investing or for that matter making money is not rocket science( hense there is not alot of rocket scientist investors) there are skill or rules that need to be learnt but is that a guru I don’t know.
for me a guru is some up very simply gee you are you and no need some one to tell you that and thats a very short book.here to help
[email protected]I like seminar presenters who are honest and open.
I went to a seminar recently where the presenters showed their portfolio, what they purchased, what thy spent and what they did with it.
It wasn’t an overly huge portfolio (under $10 million), but it was large enough to show experience and most importantly honesty!
and I know they were being honest, I know them personally [biggrin]
Investment Property Management
http://www.adprop.com.auGuru may not be the right word.
For me its all about delivery to promise. So if someone shared a 5-10 year strategy and they were at least 5 years into it and they hit every goal they set +/5% then I would say they are worth listening too.
Why? They are not hit and miss, they dont make money just because. They manage to a strategy and they deliver accurately.
I have only ever known one proven Guru.
When my wife taught in Malaysia she had a work permit pasted into her Passport. The Malaysian word for teacher is, of course, Guru.
So she has it in her passport anytime she needs to prove her Guru status!
Simon Macks
Residential and Commercial Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
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