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    Money Uncensored - CDN Version: Who Do You Trust With Your Money?
    Money Uncensored - CDN Version: Who Do You Trust With Your Money?
    Money Uncensored - CDN Version: Who Do You Trust With Your Money?
    Ebook161 pages2 hours

    Money Uncensored - CDN Version: Who Do You Trust With Your Money?

    By Leslie Michael Jr.

    ()

    Read preview

    About this ebook

    WARNING: This book contains critical thinking, ethical behavior, personal responsibility and honesty.

    Forget about investment products! To hell with all the slanted advice!
    Just ask yourself one simple question.
    Who do you trust with your money?

    Get ready to walk away with a sobering look at the financial future we are facing and some of the choices available to grow and protect your wealth as safely as possible.

    Money Uncensored cuts through the financial noise and exposes real issues facing Canadians and the rest of the world. It's time to reinvent the future of financial literacy and take an honest look at the financial world in a way that has rarely been shown before.

    If you do not do your own financial thinking, someone else will do your financial thinking for you.

    Money Uncensored answers three important questions.

    1. How does money work?
    2. What are the 10 dangers of investing?
    3. What still works?

    It's not about making a buck. It's about making a difference.
    LanguageEnglish
    PublisherBookBaby
    Release dateMar 17, 2014
    ISBN9780981097718
    Money Uncensored - CDN Version: Who Do You Trust With Your Money?

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      Book preview

      Money Uncensored - CDN Version - Leslie Michael Jr.

      MONEY UNCENSORED

      CANADIAN VERSION

      HOW DOES MONEY WORK?

      WHAT ARE THE 10 DANGERS OF INVESTING IN THE FINANCIAL WORLD?

      WHAT STILL WORKS?

      By Leslie Michael Jr.

      Outward Branch Consulting Ltd.

      www.outwardbranch.com

      Warning:

      Contains critical thinking, ethical behavior, personal responsibility and honesty

      Copyright 2014 by Leslie Michael

      All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording or in any information storage and retrieval system, without prior written permission of the author except for charts and information available from outside resources in the public domain that were compiled for this publication.

      Libraries and Archives Canada in Publication

      Michael, Leslie, 1972-

          Money Uncensored - Canadian Version

      ISBN 978-0-9810977-1-8

      Cover design by Jiffy Software

      Published by Outward Branch Consulting Ltd.

      www.outwardbranch.com

      DEDICATION

      This book has three dedications.

      It is dedicated to the hard working people of Canada who have spent several years opening up to me about their financial issues. If it wasn't for you, there would be no book.

      It is also dedicated to my best friend in the entire world – Eunice my wife. We have seen so much together. Who knows what adventures God has waiting for us to embrace?

      Finally, this book is also dedicated to the memory and legacy of Leo Schreven who was the first person to introduce me to the concept of Becoming Your Own Banker.

      May we all learn to master our lives mentally, emotionally, physically, spiritually and financially in our journey through life.

      THANK YOU

      Thank you Tom and Michele McFie for educating us on the best banking and financing strategies America has to offer and helping us run with it so we could perfect it in Canada.

      Thank you Stephen Devlin and Michelle Platje for also taking the time to help us.

      Thank you John Perre for being one of the coolest regional sales manager in North America.

      Thank you David Morgan for your wonderful tutelage about monetary systems, precious metal investing and ethics.

      Thank you Nick Laird of ShareLynx Gold for your data charts.

      Thank you Barbara Schneider, Scott Henley and Teri-Ann Deobald for believing in us and for your patience.

      Thank you Eric Ho for teaching me other fundamentals of wealth everyone else somehow seemed to miss.

      Thank you Theodor Tonca for also teaching me fundamentals of wealth everyone else somehow seemed to miss, especially when it comes to value investing.

      Thank you to my big sister. She knows who she is.

      Finally, thanks to everyone who has prayed to God for us during interesting times.

      DISCLAIMER

      This book is designed to present information on the vast subject of financial literacy from a Canadian point of view. However, it is distributed and sold with the understanding that the author and publisher are not engaged in rendering legal or professional advice. Laws and practices may vary from province to province and territory to territory in Canada as well as the rest of the world. The author and publisher specifically disclaim any liability that is incurred from the use or misuse or application or misapplication of the contents of this book.

      While the author and publisher have done their best in preparing this book, they make no representations or warranties with respect to the accuracy or completion of its contents. The fact that this book is partly a written version of the lecture called MONEY UNCENSORED which changes each lecture is a testimony to the reality that information and regulations change all the time. The suggestions and strategies contained herein may not be suitable for each reader's situation, or each Canadian's situation, or each person's situation from around the world. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or other damages, including but not limited to special, incidental, consequential, or other damages.

      CONTENTS

      INTRODUCTION

      RELEARNING THE FUNDAMENTALS OF WEALTH

      PART ONE: How Does Money Work?

      PART TWO: The 10 Dangers of Investing in the Financial World

      DANGER #1 - The Mainstream Media Will Not Tell You There is a Financial Crash Coming Until It’s Too Late.

      DANGER #2 - Some Financial Advisors and Institutions Will Stall or Not Allow You to Withdraw Your Money Without A Fight Before and After a Substantial Market Slide.

      DANGER #3 - Many Financial Advisors Will Tell You That Full Diversification Means Investing in Different Sectors of the Stock Market or Bond Market. (Equity and Debt)

      DANGER #4 - Many Competing Financial Advisors Will Tell You That the Other Group is Either Wrong, Misguided or Scammers…Even If They are Not and Their Investment Products are Better.

      DANGER #5 - Many Mainstream Media and Financial Groups Will Not Suggest You Invest a Significant Portion of Your Funds Into Silver and Gold Until It Is Finally Too Late!

      DANGER #6 - Beware of Good Billionaires. They Can Disrupt the Economy By Doing the Responsible Thing.

      DANGER #7 - Beware of Bad Billionaires (And Other Rich Crooks)

      DANGER #8 - All Investments Have a Story Behind Them. An Investment May Have a Story Just to Get Your Money.

      DANGER #9 - A Great Company in One Generation Does Not Mean It Will Be a Great Investment in the Next Generation.

      DANGER #10 - The Investment World is Getting More Dangerous While the Political Environment is Getting Worse – The 30 Day Test

      PART THREE: What Still Works

      How to Become Your Own Banker

      Paying Off Your Home in Half the Time

      EPILOGUE – The Best Place to Start

      REFERENCES

      ABOUT THE AUTHOR

      INTRODUCTION

      Forget about investment products! To hell with all the slanted advice!

      Just ask yourself one simple question.

      Who do you trust with your money?

      You are about to walk away with a sobering look at the financial future we are facing and some of the choices available to grow and protect your wealth as safely as possible.

      It's not about making a buck. It's about making a difference. MONEY UNCENSORED cuts through the financial noise and exposes real issues facing Canadians and the rest of the world. It's time to reinvent the future of financial literacy and take an honest look at the financial world in a way that has rarely been shown before.

      My mission is to assist people in their quest to live with purpose and joy by sharing sound personal, financial and health solutions.

      This book is a continuation of that mission.

      After years of being a financial strategist and raising millions of dollars in investment funds, I started realizing the financial world was getting more dangerous each month. So, I took a new path and started sharing my experiences through a series of lectures I named the Money Uncensored lectures.

      My hope is to make people aware of the financial path being forced upon them, and the serious implications of this path should things continue to go the same way. This book will discuss everything from how money is created to all the financial dangers I have come across. The book will also explore options that still work out there to protect and grow your wealth as safely as possible.

      I'll be sharing some stories that may shock you. Some of these stories are going to seem scary, while others are going to be very encouraging. The one thing I am not going to do is treat you like an idiot and sugar coat everything because I have too much respect for you.

      I'm also going to be using the word you in this book as if I were talking to every single Canadian.

      Before we get to the first chapter, I would like to address some often-asked questions.

      Will my financial advisor agree with everything I discuss?

      Answer: I honestly do not know. It depends on the sincerity of your financial advisor. I'm not here to attack anyone. I'm here to expose real financial issues facing Canadians without any biases. I can't say the same for your financial advisor.

      I recently met up with a financial advisor who was the regional manager of a large investment firm. He argued every single thing I suggested when it meant he could lose his commission should his client choose a different financial path than the one he originally suggested.

      On the flip side, I have met with other financial advisors that have listened humbly and without bias. They have approached me asking, Where can I learn more?

      I hope your financial advisor falls in the latter category.

      Next question. Are you going to share investment scams and dangers you have come across?

      Answer: Absolutely! In part two of this book I will be covering a wide range of these financial scams and dangers.

      I'll share everything from the events that took place during the 2008 financial crash to certain financial disasters that will make you think twice before you invest another dime.

      Next question. Do you recommend any books?

      Answer: I read and recommend a lot of books. There are two books I would definitely put on the

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