Financial Meltdown! So What?

Wall Street tumbles again on investors’ deepening economic fears
Posted: 21 November 2008 0543 hrs

NEW YORK: Wall Street shares tumbled on Thursday as panicked investors made a frenzied rush out of stocks and into bonds in the face of more weak data and a breakdown in efforts for a bailout for automakers.

The main broad-market indicator sank to an 11-1/2-year low as investors ran for cover to the bond market, sending yields to all-time lows.

The Dow Jones Industrial Average sank to a fresh five-and-a-half year low, losing 444.99 points (5.56 percent) to end at 7,552.29 a day after a 427-point slide.

Yeah! Financial Crisis, So what?

Many just sit around and wait, and let their heartbeats rise while world markets fall!

In the latest Sunday Times, Thomas Mathew was interviewed on how he achieved Financial Freedom & Success!

Thomas Mathew made his first million in 1994 – when he was just 34, in his 3rd year as a Life Insurance Agent with Prudential. Back then, his sales commissions and bonuses totaled a hefty $800,000. He was also paid $5,000 a day for speaking engagements at training seminars.

He admits that he spent freely then.

“I lived lavishly, bought one luxury car after another – a BMW 7 Series followed by a Mercedes Benz – and owned houses in Singapore and Malaysia. My training business was making $1.2 Million a year in 1996 and 1997,” said Thomas.

Things started going downhill when his training business in Malaysia was hit by the Asian Financial Crisis. At the same time, the Indonesian subsidiary of his training business was forced to shut down when rupiah dived dramatically.

He was on the verge of bankruptcy. He had lost a training business that he had founded, was divorced and saddled with a $400,000 debt, on top of $4,000 monthly alimony payments.

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Not one to admit defeat, Thomas Mathew clawed his way back and rejoined the ranks of millionaires few years later. He has written 14 books and expects to launch his next book, Breaking The Millionaire Code, by year-end.

In the article above, when Lorna Tan (Finance Correspondent of TheSundayTimes) interviewed him regarding his best investment so far, Thomas said, “My best business investment is in my own independent financial planning business under IPP. The set-up and expenses exceeded $250,000 but today its value is more than $1 Million. I also have a training consultancy outfit where I invested more than $50,000 and its value today is $250,000. I have a stake in Web construction provider where the invested amount was $50,000 but the current value is $2.5 Million.”

However, it may sound crazy but most people do not realize that economic slowdowns and financial crises are where fortunes are really made.

Coming from Ground Zero from today’s financial crises, Thomas Mathew will show you how his clients are still able to manage their wealth using the strategies that he taught to them.

Now that we have entered one of the worst crises in decades, it will be another golden opportunity for you to learn from Thomas how to capitalize and take advantage of the current situation…
When you know how! (If this crisis doesn’t present the perfect opportunity for you, when is???)

The next Breaking The Millionaire Code seminar will be held on:

Date: Saturday, November 29, 2008
Time: 9am to 12pm
Venue: Auditorium, Capital Tower, Level 9 (Tanjong Pagar)

Who Should Attend?
1) Aspiring Millionaires
- Seeking Opportunities in current market meltdown to create Financial Freedom & Lifelong Security!
2) Professionals/ Executives/ Business Owners

- Striving to Bring Your Wealth to the Next Level of Growth

You don’t need to be a Genius to be a Millionaire.
What you need is to learn the Who, Where, What, When & How to Be a Millionaire!

Click here to reserve a place for the Breaking The Millionaire Code seminar!

One Response to “Financial Meltdown! So What?”

  1. Nice Site layout for your blog. I am looking forward to reading more from you.

    Tom Humes

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