Do people in life deserve a second chance and are you naïve to invest into a financial education?

Posted on : 08-09-2009 | By : jamiemcintyre | In : Jamie McIntyre, Uncategorized

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This is an interesting question I pose…

And I do so because I believe in most cases people do deserve a second chance.

What do you think?

I also think the great Australian spirit is all about giving people a go and a second chance to redeem themselves.

This is the question I considered when the opportunity arose to have the “Wolf of Wall Street” Jordan Belfort speak at an upcoming 2 day Beating the Stock Market Event in Sydney for 21st Century, Sept 12th and 13th. See www.beatingthestockmarket.com.au to listen to a radio interview and view video on A Current Affair last week with Jordan, and for free tickets for 21st Century Members and 2 guests.

You see Jordan has made mistakes in his life, but haven’t we all. Admittedly maybe not to the extent Jordan has.

In the past he got caught up in the greed of Wall Street, was making over $50 million US a year with over 1000 stockbrokers working for him but he was never clear on his values and purpose in life. Thus he become a drug addict and lost investors over $100 million and went to jail for 22 months for securities fraud.

Actually his story is so compelling as a cautionary tale Leonardo DiCaprio competed strongly with Brad Pitt to win the role to play Jordan in upcoming Hollywood movie next year.

Jordan since serving 22 months in Jail has gone on in life to admit his mistakes, acknowledge his wrong doings and decide to do something positive in his life and help others avoid the same pitfalls that excess and greed can bring, and he gives 50% of his income to repay investors.

It’s for this reason I’ve asked him to speak at a 2 day event along with 5 guest speakers. To not only share his insight into Wall Street and the Global Credit Crisis but to share his cautionary tale of a life without clear spiritual and universal values of giving more then you get, and without a purpose and a dedication to adding value to society no matter how much money you make will never ensure long term happiness.

So therefore I think he deserves a second chance. I’d like to know your thoughts.

However unfortunately, there will always be negative individuals who think they are more perfect then the rest of us. They believe Jordan doesn’t deserve a second chance or that their experience better qualifies them speak.

One such person seems to be the Barefoot Investor, a guy called Scott Pape.

Check out his article about the Wolf Of Wall Street and myself at www.news.com.au/heraldsun/story/0,21985,26025978-664,00.html that was in the Herald Sun a few days ago.

Scott is correct that we have several other very successful traders talking at our event. However, if they educated anyone attending on how to create a second income stream without even spending an extra cent with 21st Century – then for me that is a successful outcome.

I’ve never met this Scott Pape so can’t comment on the financial education events at which he speaks, or how he has any real firsthand knowledge of what I do either.

Apparently Scott has a TV show, writes a couple of columns and has a speaking career focused on financially educating Gen X and Y. If Scott is truly helping any Australian open their mind on how to create financial freedom and future security – then I personally commend this.

All I know is he is a former investment advisor with a large finance firm, who has turned his hand at becoming an author and a public speaking career – which may explain why he doesn’t like me, I am effectively his competitor.

I say good luck to him, why bother try and bring up an old ASIC issue about me while ignoring the fact ASIC settled out of court and the baseless allegations were dropped? You see, where I come from generally if someone has an issue with someone else they should be man enough and courageous enough to say it in person.

How many people have lost millions by listening to so called experts with their biased agendas and failed to take action because of naysayers?

Despite a Global Credit Crisis, Australian Property and Financial markets didn’t crash like those in other developed countries and has recently been growing quite well and likely to for a while longer.

See my article re Another Property Boom was triggered at my blog www.jamiemcintyre.com.

You see it makes many financial advisors as mad as hell when you make money without them earning a commission. As average Australians simply are not meant to be able to get rich and certainly never as a result of listening to people such as myself, who simply share anything and everything that has helped us live our dreams so others can also benefit as opposed to being greedy and keeping everything to ourselves to profit from alone.

Tens of thousands of 21st Century fans have made their dreams come true by getting a financial education over the last decade and taking intelligent focused action with their life, while simply keeping profits away from these ‘investment advisors’ and the firms for which they work.

While there are those that say no one makes money from property investing or any investing for that matter, as the world is only full of crooks and everything is a rip off and everything is risky, etc, etc. They also claim they have never met anyone who has been to a property investment seminar who has made money despite the fact that there is tens of thousands of Australians that have.

Actually, you could have attended any quality property investment seminar in the last 10 years, then gone out and conducted your own due diligence, purchased quality property and you would of course have made a lot of money in the large majority of cases. Even despite a Global Credit Crisis.

You could have actually put a map of any Australian or NZ city on a wall and thrown a dart at the map and bought a property in whatever suburb the dart landed on ten years ago and you would have made money.

So the last thing some ‘advisors’ want is people getting educated, taking their own action and making money.

I’d like to know your thoughts on this.

So I really have to wonder at the real agenda of this article and some of its influences. But read the article contained in this link and judge for yourself
http://blogs.news.com.au/heraldsun/barefootinvestor/index.php/heraldsun/comments/wealth_starts_at_home/

And maybe post a message on the following blog of Scott Papes the barefoot investor at http://blogs.news.com.au/heraldsun/barefootinvestor/ and let him know what you think of him suggesting you’re naïve and gullible for developing your financial education. Also what you think about people deserving a second chance.

Comments (1)

I thinks its a good idea to get Jordan Belfort to speak at your seminars. He has lived the high life making ridiculous amounts of money, and he has had the greed that wall street gives you take over him. Thus, he has made all these mistakes him self, and with the possibility of talking at your shows he can reflect this to others.

Im not an investor (yet), but this seems like vital knowledge every investor needs, how to deal with greed.

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