| Introduction
- How to have greater security
Greater security comes from success
guidelines that offer the ultimate form of financial freedom.
The goal at SuccessGuidelines.com
is to give you useful, easy to use credible information that helps you have financial
freedom and greater security wherever you are in the world.
This success guideline lessons
answers the question, why have your own business for greater security?
Having a business allows you
to be in tune with the nature of current events. Being in touch with society and
the economy brings greater security. Take my true story as an example.
Night in the tropics, air so
soft its velvet, mist and warmth brushes my skin. Thick evening scents in this
fragrant harbor. Mellow insects purr in rhythm with the cacophony that is a great
city beyond. At this airport, I enter an enormous metropolis and an adventure
begins. Kai Tak Airport, Hong Kong. May 1968.
American born and bred, I was
not looking for greater security when I took my first airplane trip. The was my
first time out of Oregon and greater security was the last thing on my mind. In
the 60s most Americans thought greater security was most available in the U.S.!
I flew Portland to Vancouver,
Tokyo to Hong Kong and upon arrival melted within my heavy woolen blazer.
Greater security? No way! Weariness
and fear swept over me. But there was stirring too. An exciting journey was about
to begin. Who could have known how exciting the next 37 years would be, how much
information, facts, figures, ideas and insights on how to invest globally would
be gained. Had I known the mistakes to be made I would probably have run! Thankfully
all the trials, tortures and errors were mitigated by much fun and an earnest
endeavor to live right and learn. I certainly gained greater security
The goal of this site is to share
greater security by knowing the basics of having your own business. That Tens
of thousands of my readers have learned these basic for greater security over
more than 35 years. Business has changed during this time but fundamentals remain
immutable.
We move inaccurately through
the mists of the here and now, blindly trying to see what we cannot (the future)
but not being able to stop trying. Share the excitement, the fun, the incredible
fulfillment that growing in you own business can bring along with greater security.
Greater security in your own
business is not a panacea, but expanded horizons are. Life is a trip and we have
an entire globe to enjoy the ride.
You own business can be anywhere.
My first trip abroad 35 years
ago was significant because 1968 was the beginning of a new era for world stock
markets. When I arrived in Hong Kong the world of investing was dominated by Wall
Street. That was about to end. 1968 was the year when the Hong Kong Stock Market
began to explode upwards along with Tokyo's market. What a ride!
The Heng Seng Index was then
100 and rose to 18,000. Anyone who steadily committed money to this market then
made a fortune.
Here is the performance of the
stock markets of the world over the next two decades after I arrived in Hong Kong.
Japan 3,093%
Hong Kong 1,456%
Spain 1,254%
Austria 1,193%
Switzerland 1,112%
Singapore 1,011%
Denmark 826%
United Kingdom 557%
Germany 556%
Belgium 546%
New Zealand 532%
France 485%
United States 378%
This was an era when all one needed to do for greater security was invest in the
next market to emerge. So it became natural for me to have my own business selling
information about these global markets.
Today, stock market investing
is not so easy, but here are just numerous ways we try to spot global opportunities
that bring greater security now.
#1: Borrow Low-Deposit High takes
advantage of currency distortions. This is a powerful tactic I have been writing
about for nearly two decades. This idea begins by borrowing a strong currency
that has a low interest rate to do business in a country that has a weak currency
and high interest rate.
The success guideline for greater security is that you add a currency advantage
to your business and operate on low interest rate loans.
This Multicurrency Sandwich tactic
is covered in detail at my advanced courses and seminars (see GaryScott.com)
or you can get more details from our advisor Thomas Fischer of Jyske Bank at fischer@jyskebank.dk.
#2: Look for value. Good value
offers greater security than almost any other business reality. Find places to
do business that offer lower labor, reduced tax, higher real estate values.
#3: Investigate business ideas
that will be winners in the next industrial era. (bio-tech, nano-tech, alternate
medicine, etc.) This will help bring greater security.
#4: In troubled times greater
security also comes from having businesses that sell nostalgia. Harley Davidson
for example when the market was crashing announced record revenue and earnings.
#5: Another business success
guideline for greater security is to look for opportunity that fights inflation
such as real estate and commodities (gold, silver, platinum, oil or etc.). If
trends repeat the 70s and 80s, real estate prices and commodity prices will rise
as the U.S. dollar falls. For example a USA Today Money section cover story titled
"Collector cars flex muscle versus markets" read "Rekindled nostalgia
fuels red-hot sales as stocks plummet." The article pointed out that classic
car markets were on fire as the stock market fell fueled by muscle cars from the
60s and 70s. Recently a Chevelle convertible with a 454 engine and four speed
manual transmission sold for $172,800. A Plymouth Roadrunner for $135,000 and
a 67 Corvette for $151,200. The list goes on.
So businesses that involve real
estate, antiques, collectibles generally do well when there is inflation and bring
greater security. This could be a good time for businesses in silver and gold.
Collectibles that have done well in the past include coins, stamps, sports cards
and such. The key here though is to remember that a bubble will appear. Keys to
success in investing in collectibles is to know what you are doing and to be buying
now so you can sell when the bubble really heats up.
#6: look for businesses that
will succeed in bad times as well as good/ Greater security comes if your business
actually prospers because the economy slows.
#7: Finally look for greater
security business that may be expanded or transferred anywhere in the world. The
sun always shines somewhere and when business turns south in your area in other
parts of the world it may be hot. Also look for businesses (like mine) that are
mobile. Wherever I have a computer and broadband, I am in business!
These are seven success guidelines
for bring you greater security, wealth and freedom. To learn more stay tuned to
successguidelines.com
Until then, good business and
greater security!
Gary Scott
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