I'm not trying to scare you here, but these are things you NEED to know to keep your wealth safe
Making money is great. But protecting and preserving it is another thing. And the banks are not as safe as most people assume. Here's [a list of US banks which have failed since 2008.](41475b/ct0_0/1?sid=TV2%3AifV8iig11)
Read on for my advice about keeping everything you've worked so hard for...
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MOBE Daily #143
âYou must begin to understand, therefore, that the present state of your bank account, your sales, your health, your social life, your position at work, etc., is nothing more than the physical manifestation of your previous thinking. If you sincerely wish to change or improve your results in the physical world, you must change your thoughts, and you must change them IMMEDIATELY.â
~ Bob Proctor
Hey,
If you're content with having the entirety of your money sitting in cash in the bank, you might want to rethink that strategy.
First of all, you're going to get terrible returns. You already know this.
A typical "high-interest" bank account will pay you 1% per annum, which is not even enough to keep up with inflation.
Some banks around the world are now even offering a [negative interest rate](41475b/ct5_0/1?sid=TV2%3AifV8iig11). That means you have to pay them, for the 'privilege' of letting them lend your money out.
The days of getting good returns leaving your money in a high interest account are long over.
Secondly, even if the money is insured by the government, it's not always as safe in banks as you might think. Banks fail quite often around the world, and if you search the news you'll see what I mean. Just check the link in the header of this email for a list of US bank failures since 2008.
You should be investing in other asset classes.
We talk a lot about these asset classes and go into extensive detail at our [Platinum Mastermind.](41475b/ct6_0/1?sid=TV2%3AifV8iig11)
Some asset classes are intangible, like buying stocks or shares of companies. Others are real tangible objects, like precious metals or art.
Personally, I'm a big fan of investing in Gold.
It's small for it's value and extremely portable (which means it can be hidden easily), and when transferred can be kept very anonymous.
If you're wondering where you should buy the Gold from, that's easy. You can buy from Apmex.com, or, just google your cities name + Gold Bullion Dealer.
Eg. 'Los Angeles Gold Bullion Dealers' - then pick a dealer who's been around for at least 10 years. There prices should be close to that offered on Apmex. Stay away from 'Numismatic' Gold, like rare collectible coins. Unless you're a true expert in that area, you'll probably overpay. Stick with 'bullion,' which is where you're just paying for the metal and a small premium for the machinery costs to stamp the coins.
With any precious metals, you need to take storage very seriously.
The biggest threat is having it all stolen.
So spread it out in multiple places, and put it in non-obvious places.
The worst place would be in a safe in your house. That's the first place a burglar is going to look.
The main line of defense though is you keeping quiet about it.
If you casually mention or even hint to anyone you have a collection, they might tell someone. Even those you most trust in this world should not be trusted to keep these things secret; eventually, just about everyone talks. I know that sounds pessimistic but it's true.
In my view, you can't be too paranoid, even with your most trusted friends and family members.
For storage you can always look at private vaults. There's many thousands of them around the world.
If you go to Google right now, pick any major city and search for "private vault storage," you'll find a bunch of options.
They can be huge steel vaults. They can be underground. They can have lasers and eye scanners, like something out of Mission Impossible.
Some of them are really high tech and go to great lengths to protect what's inside.
If you have a small amount of gold, you could rent a small safety deposit box at one of these private vaults. These might be about a foot long, a couple inches high, and about 4 inches wide.
Depending on where in the world you are and the level of security, you could pay anywhere from a few hundred bucks, to over $1,000 a year for this. If you're only storing 5k or so of Gold, then it would not be worth it.
But if you're storing over 100k, they maybe for you it is.
Just remember though that the private vault is a private business - someone owns it. That always carries a risk, because what if that business goes bankrupt? Or, what if it's family-owned, and someone in the family is tempted to get access to what's being stored.
Sounds far fetched but these things have happened before. So always pick a private vault storage facility where there's a long history and track record. Don't pick the new private vault business which sprang up last year.
Next, check the location. Is there a police station nearby? Is it in a jurisdiction where the laws around private property protection are strict and well established? Or is it still the Wild West with a lot of corruption? If the latter, stay away. Pick cities in well developed economies with very developed laws.
Next, how do set up your private vault account? Do they allow you to pay cash, or do they want you to pay by credit card?
As a general rule of thumb, if you are storing something extremely valuable in a private vault, don't pay by credit card. You're after anonymous storage here. You and you alone is the only person who needs to know.
Of course, you can always opt to not use vaults and safes, and just dig a hole in the backyard.
There's a lot more I can teach you about storing your wealth and making sure it's protected for you and your family's future.
Some of these things, I'd rather not say publicly.
But I do freely explain them in each month's issue of '[MOBE Advantage](41475b/ct7_0/1?sid=TV2%3AifV8iig11),' not just with precious metals, but with stocks, real estate, and other asset classes. Let me send you the first month's issue for free and you can find out these secrets. Just tell me where to send it at the link above.
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[MOBE Daily#143-1](41475b/ct8_0/1?sid=TV2%3AifV8iig11)
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Internet Marketing is a Profession
We all know there's no such thing as a turn-key system where you refresh your screen and more money comes in. One-press buttons and magic pills don't really exist.
However, a lot of internet marketing and business products are being marketed that way.
When you realize that internet marketing is a profession and you start treating it as a profession, your business will change immediately.
In [this video](41475b/ct8_1/1?sid=TV2%3AifV8iig11), filmed at the [Diamond Mastermind](41475b/ct9_0/1?sid=TV2%3AifV8iig11) in Bali, Indonesia, Marcin Marczak explains what it means to treat internet marketing as a profession.
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[MOBE Daily#143-2](41475b/ct10_0/1?sid=TV2%3AifV8iig11)
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Why Passion is the Secret to Selling
Isn't it frustraing and confusing that you're doing all the things you're told to do, and you're still not making any sales?
Yet the top earners will do the same things and get drastically different results.
They place ads. You place ads. They send emails. You send emails. They make videos. You make videos. They make millions. You make little to nothing.
Their secret is to show passion throughout their marketing. Do you show any passion?
In [this video](41475b/ct10_1/1?sid=TV2%3AifV8iig11), filmed at the [Traffic Summit](41475b/ct11_0/1?sid=TV2%3AifV8iig11) during the [Titanium Mastermind](41475b/ct12_0/1?sid=TV2%3AifV8iig11) in the Dominican Republic, Darin Adams explains why passion is the secret to selling.
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[MOBE Daily#143-4](41475b/ct13_0/1?sid=TV2%3AifV8iig11)
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Creating Lead Magnets is Easy
A lead magnet is a small piece of value that solves a specific problem in your market, offered in exchange for contact information.
You need lead magnets. People are not stupid. They won't give you their email address only because you want to pitch them.
However, they will give you their information if they can get some kind of instant gratification. A lead magnet does that.
In [this video](41475b/ct13_1/1?sid=TV2%3AifV8iig11), filmed at the [Conversion Summit](41475b/ct14_0/1?sid=TV2%3AifV8iig11) prior to the [Platinum Mastermind](41475b/ct6_1/1?sid=TV2%3AifV8iig11) in Kota Kinabalu, Malaysia, Shaqir Hussyin shows you how easy it is to create lead magnets.
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Talk soon!
Matt Lloyd
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[Matt Lloyd](41475b/ct15_0/1?sid=TV2%3AifV8iig11)
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[Matt Lloyd]
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