When there's Blood in the
Streets, what do you do?
Dear Rogue Investors,
The last couple of months have been one of
the most economically challenging times in the
last 75 years. The economic uncertainty
associated with the mortgage and real estate
industry has spread to banking, retail and just
about every facet of our economy. I don’t think
you need me to rehash the big firms that are
either failing or being rescued by taxpayer
money. Now we are arguing about whether the big
three auto industries should be bailed out.
I’m happy to say that at least we are past
the election in the U.S. and we have new
leadership through these challenging times. I
can tell you from a global perspective that most
other countries are celebrating our new
administration and looking forward to the U.S.
leading the world out of this economic slump.
Contrary to what many of us thought, the
global economy is intimately linked, so when the
United States experiences financial uncertainty
the rest of the world does as well. Previously,
many of us thought that the U.S. could
experience recession without affecting the rest
of the world. At least for now, that is not the
case.
Rather than focus on the negative, let’s ask:
"What can you do?"
First, I stole my title from what John D.
Rockefeller once said: “Buy when there’s blood
in the streets.” So the answer to my question
is, you “buy.” What proof do you need of this?
Well, many of the world’s wealthiest people,
including Rockefeller, J.P. Getty, Andrew
Carnegie, and William Henry Vanderbilt bought
assets when everyone else was panicking and
selling.
When it comes to investments we seem to
forget that we should be looking for a bargain.
Finding a bargain is most of the battle. With
investments, if you can find a great bargain,
you have already earned a great return on your
investment.
So, what is a bargain right now in my
opinion?
1. Amazingly, oil is currently selling at a
sharp bargain. As I write this oil has dropped
to less than $60 per barrel based upon a lack of
demand and oversupply. What is amazing is that
the fundamentals haven’t changed that
dramatically. The world still craves oil,
gasoline, plastics and a host of other
petroleum-based products. China and India have
not shut down the entrances to their economies.
There are still hundreds of millions of Chinese
who dream of owning their first car. We also
haven’t hit the brunt of the cold season in
North America. Remember what happens when we get
cold? That’s right, the furnace goes on and
natural resources like gas, coal or heating oil
are consumed. And most importantly, the world’s
great petroleum reservoirs have hit maximum
capacity, so latterly the faucet cannot be
turned up anymore.
2. Invest in another currency, like the euro,
or the Canadian or Australian dollar. With a
temporary resurgence in the U.S. dollar, now is
the time to diversify into a much more stable
currency like the euro. In fact, many experts
believe the current strength of the dollar is
temporary at best. If you are interested in
buying into euro-based real estate, please
contact me about our latest project in Cerbere,
France. I would be happy to send you information
on these apartment units, which overlook the
Mediterranean where the Pyrenees Mountains spill
into the sea. With rental infrastructure in
place, you can have partial ownership in a
cash-flow property in a dream location.
Now is the time to buy while the U.S. dollar
is strong. Two years ago we started a project in
France and invited other Rogue Investors to
participate in ownership while the exchange rate
was about $1.25 dollars to 1 euro. In only a
year and a half the exchange rate was $1.58, and
until the economic crisis the trend was even
higher. Why is the dollar strong now? Although
there are several advanced economic reasons, the
simple answer is that it is the preferred
currency during the troubling times we are
experiencing.
Send an email to me at
geoguy@rogueinvestor.com, or call
913-381-4520 and leave a message that you would
like information sent.
3. Invest in tax foreclosures or mortgage
foreclosures. With banks under pressure to sell,
they are ready to unload. We have made some
incredible foreclosure purchases for about 25
percent of the value of the property, and all of
the properties are being rented for positive
cash flow. Now, even banks are delinquent in
paying taxes so you can buy tax lien
certificates on bank-held real estate.
We’ll be discussing how you can take
advantage of the foreclosure market at our
workshop in Sedona, so don’t miss out on this
opportunity.
4. Invest in a high-growth market outside of
the United States. My favorite, of course, is
the Dominican Republic, which has real estate
appreciation in excess of 20 percent and
sometimes as high as 60 percent. If you are
looking for an easy way to park money in another
currency and not think about it for a few years,
while taking advantage of land appreciation in
excess of 20 percent, visit
http://www.oceanstarestates.com, request an
information package and set up a time to speak
with me personally.
In fact, schedule a time to visit the
Dominican Republic and take a tour with us. If
you take a tour before January 31, 2009 and
decide to buy a property, we will reimburse your
trip up to $1,000. That’s like taking a free
vacation.
Don’t forget the upcoming Super Investor
Tax Lien Workshop!
Visit me in Sedona, Arizona on February 7th –
9th for three days of hands-on training in the
classroom, in the field and at an Internet
auction. This is the most practical training you
will ever receive in tax lien investing, and as
a bonus, I will talk about foreclosures,
international properties, self-directed IRAs,
and how to set up a business. If you are not
100% “blown away,” I will give you your money
back plus you can keep the course materials. To
sign up, call us at 913-381-4520 or visit this
link:
http://www.rogueinvestor.com/newsletter/super-investor-tax-lien.html.
Happy and Prudent Investing,
Michael Williams
P.S., I am looking for motivated people to
help me sell our real estate products. If you
are ready to make an extra $30,000 to $120,000
per year selling the sizzle of the
Mediterranean, the tranquility and paradise of
the Dominican Republic, or the stability and
high returns of tax liens, please contact our
office to set up a phone interview.
|