RICHBRITS NEWSLETTER UPDATE...

The next Richbrits Networking Event is happening on Monday 7th December 6.30pm - 9.00pm **PLEASE NOTE NEW START TIME**

Billionaire author Mark Victor Hansen is expecting Big Things from this Man! Bob Proctor from the movie The Secret has commissioned him with the task of lifting the lids from Irish Minds Tony Robbins gave his message loud and clear when he stomped on his right foot...“ Take the Steps” Stevey McGeown is only '30 something' and already he has achieved the following.... * Built a Million Pound Plus Business From The Ground Up In less Than 2 Years, * Life & Success Coach For Ireland For Bob Proctor from The Secret Movie, * Internationally recognised for his contribution to Women's Fitness as the No.1 Curves Franchise Owner in The World 2003 * One of The Growing Stars in The Personal Development and Success field in Ireland And in December he will be here to demonstrate how to Close The Gap, and get from where we are to where we want to be. Click here to watch a video of Steve and Bob Proctor

Have you had a PROFITABLE year this year? If so, you might be worrying about how much of your hard earned cash the Taxman is going to get his hands on when you submit your returns in January... unless of course you have a super-duper accountant who has already shown you how to protect your assets and mitigate your tax burden. A familiar face at the networking meetings over the past few years is Frank O'Donnell of P3Wealth. Frank has kindly offered to give you some FREE advice on how to protect your profits AND get a big chunk of money FROM HMRC... worry not, it's all perfectly legal, but not always widely known!!! Frank will be in the Findhorn Room at the Marriott on Monday 7th at 6.30 sharp!!!

PROPERTY MARKET REVIEW TIME PERMITTING, I will be conducting a discussion on market conditions in Scotland today. Not sure about you, but I am beginning to see some light at the end of the tunnel with lots of good opportunities to purchase properties and fund them with little or no money down... (yes, it IS still possible for the very creative investor). If you have something of value to share, are looking for a Joint Venture Partner or have your questions answered, then be in the Findhorn Room at the Marriott on Monday 7th Dec at 7pm.

You can buy a house for 120 ounces of GOLD! A small, but enlightened group of people chose not to buy property after 2005, as the market edged towards its peak. Many invested in gold instead. Others got out of property close to the peak – in some cases right at the peak – and put their capital into gold. At some stage these people will want to move their capital out of gold and back into property. So an interesting way to value gold is by comparing UK house prices to the gold price. Mathematician Tom Fischer, a lecturer at Heriot-Watt University in Edinburgh, has put together the following chart, showing the ratio between UK housing and gold http://www.approximity.com/risk/ Gold currently costs about £690 an ounce. The average UK house, according the Nationwide, sits at just above £162,000. That means it takes a sterling equivalent of about 235 ounces to buy the average house. As you can see from the green circle above, Fischer sees that ratio falling well below 100. I wouldn’t disagree with him. But if it nears 120 ounces, I will be ‘seriously reconsidering’ my core position. That could mean house prices staying where they are and gold rocketing from here. It could also mean gold staying where it is and house prices plunging. I suspect the most likely scenario is somewhere between the two. Let’s say gold appreciates 30% from here to £900 an ounce (very likely, I would say). And average house prices fall 30% to £110,000 (also likely). Then, give or take, you have your ratio of 120. Those who stayed off property and bought gold would have made 30% on both sides. So 120 ounces of gold – and very possibly lower – for the average UK house is another of my key levels. (Article reprinted with kind permission of Dominic Fisby of www.moneyweek.com)

Buying a Bank Owned Home is easy :).

Watch this

Love is Energy.... Pass it forward !

Try NOT to dance to this... or at very least .... tap your feet!