Day Five in my series of 37 Reasons why you should attend our Money GymProperty Extravanganza on Saturday 21st March 2009, in Central London, in aid of The Big Issue homeless charity. A little recap first…
Day One – 8 reasons all about inspiration
Day Two – 7 financial reasons
Day Three – 5 incentive reasons (bribes)
Day Four – 10 reasons about opportunity
Total so far 30, so only 7 to go then…
Day Five – 3 Educational Reasons:
1. Find out what a SIPP is, how it’s about one thousand per cent more interesting than it sounds, how it’s not perhaps the easiest of things to understand but how when you discover what it can do for you and the tax breaks lurking inside, how very much you will want one. Meet Roger, the man I have found to teach us about SIPPS and how we can use them to invest in commercial property in the UK and overseas.
Discover how to convert those little bits of funds sitting in old pensions into a meaningful financial instrument you can use to take control of your finances in invest in something without using your own money. Take the power back from the under-performing City fund manager and have some fun with it – learn to enjoy creating your own pension, often within 10 years or less.
2. Learn something new or be reminded of something you know already but haven’t auctioned yet. And remember what Nicola says (and, I think, Roger Hamilton too) “to know and not yet to do is not yet to know”. Convert your “I know” into “I am”.
3. Stop the rot of any investing errors you have may have made and learn how to survive and thrive. Speaking personally, I am living proof that this is possible and fun! Its never too late to start to implement a new strategy which will turn your negatives into positives.
Look out for my remaining tiny handful of reasons to be cheerful about property.