The best example that I can give you of Jamie McIntyre’s ‘Law of opposites’ in effect is how most people approach becoming rich or wealthy. Rather than trying to get a financial education and develop the mindset of a millionaire most people simply want to get rich quick. The biggest ‘action’ that most people take towards becoming financially successful is to buy a whole heap of tattslotto tickets. If these people would take the time to educate themselves in the world of finance they would be astounded at what they could achieve.
For the time being let’s forget about the fancy investment strategies that Jamie McIntyre teaches and concentrate on one very simple and old concept. If everyday people could learn and master ‘compound interest’ their lives would start to change forever. I am forever hearing from people who are worried about not being able to afford to pay for their child’s education but did you know that if you were to invest $3.33 per day into a fund that was earning 15% that by the time your child turns 19 it would be worth $110,424. Then if you stopped contributing and let the money to continue to grow on its own it would be worth
- $9.6 million by the age of 50
- $39.2 million by the age of 60
- $158.2 million by the age of 70
Does looking at these figures start to make you realize some of the possibilities that the mindset of a millionaire can give you? If this is what you can achieve with the simplest and oldest strategy in the book, imagine what could be possible if you started learning some of Jamie McIntyre’s new and improved investment strategies (which make compound interest look like child’s play). When you start to create the mindset of a millionaire you will never cease to be amazed by the things you can create.
The ironical thing about tattslotto is that within 3-7 years of winning, most people are in a worse position financially than they were to begin with. Why? Because they haven’t developed the mindset of a millionaire, they have simply been gifted a whole lot of money and they don’t have the correct skills to make their money work for them.
Imagine if someone was to offer you the choice of these two things
They will give you a million dollars in cash
or
They will teach you how to create the mindset of a millionaire
So what would you choose? I know what most people would choose and to be honest a few years ago I would have taken the money too but after developing my own mindset and learning to implement Jamie McIntyre’s Law of Opposites I know that it would be the wrong choice. In order to succeed we need to branch out, take some risks and develop the mindset of a millionaire. Funnily enough, sometimes the best way to do this is to see which way most people are going and head the other way.
To be honest I think the fact that you are reading this article shows that you already using the law of opposites to some degree as most people would prefer to be watching TV than dedicating time to increasing their financial intelligence. The most important step that you must take now is to actually act upon the knowledge that you are gaining. So rather than going back to the couch and watching TV – the time has com to Take action now.
