Insider
Confidential
Get wealthy…
OCTOBER 2010 • ISSUE 123
Your Insider’s guide to personal success, wealth, health and happiness >>
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Allow me to get a little philosophical for a moment... And while, I’m at it, disprove a common misconception about
success. A few months back, I had an interesting lunch with my friend – and fellow insider – Glenn. Being on the
“inside” track of things, we spent most of the meal trying to figure out what separates those who are successful from
those who aren’t.
You’ll never believe what he told me! You see, Glenn believes that success is “ageist”. Not in the sense of “physical
age” mind you. No, success couldn’t give a damn how old you actually are. But it does care how old you are
“mentally”.
I’d almost completely forgotten about this conversation until I was chatting with my neighbour last week. Bill’s been
out of a job for the last four months and he’s never been happier. The reason? Because being retrenched finally gave
him the push he needed to start living the life he’d always dreamed of.
That’s when it hit me. Glenn was right! As soon as you start thinking “I’m too old to be rich now” or “I missed my
chance”, then you might as well wave goodbye to any hope of success.
By exposing yourself to new cultures and new ideas on a regular basis, you avoid developing a repetitive and
reductive mindset. And, in its place, you’ll develop an inquisitive and expanding one. And that’s the key to success!
How does it work? Simple really, by exposing yourself to new ideas, what you’re actually doing is “working out”
your mind. The results will be almost instantaneous... You’ll start thinking about things differently… You’ll look at
things from a different angle…
And where once you might have thought something impossible, your increasingly inquisitive and expanding mindset
will no longer think that way.
That’s exactly what every issue of Insider Confidential will help you with.
Whether it’s making extra money so you can go on that holiday you’ve been dreaming of, landing the “perfect” job
or just finding ways to improve your productivity, this issue’s jam-packed with ways to boost your success in
everything you do.
So stop dreaming and start acting – the life you want to live is closer than you think!
Your Insider
Inside
what’sthis month’s
inside this issue
month
■ Hate hospitals? Here’s why a yellow IV could shorten your hospital stay Page 3
■ How to avoid making the million dollar mistake of the “cat’s eye” inventor Page 7
■ Scandal! The great car mechanic rip-off revealed... Page 8
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CONFID
E
Why a bin full of rubbish couldNTIAL
make you an extra R174,000 in just
12 months
Chris Densley is the editor of MoneyMaking Insider – an innovative daily e-letter
packed to the brim with exciting (and lucrative) business opportunities. Thanks to • Face-shield (only during blow-drying operations)
Chris’s biz-opp guru network, MoneyMaking Insider has the inside track on full- and • Rubber gloves
part-time business ventures that have the potential to make you R130,000 extra every
year. • Rubber boots
• Soft broom and hand brush
Throwing rubbish away is part of everyday life. But did • A plastic bucket
you know that this everyday task could help you bank • Towels
an extra R174,000 by this time next year? • Plastic garbage bags
• Industrial strength cleaner and disinfectant
How? • Bin deodoriser
• High-pressure cleaner
Because not only are our wheelie bins a potential health
hazard – but the City of Johannesburg has made it All in all, your equipment will cost between R7,600-
illegal for you to hose down your bin! R15,000. All you’ll need to do is top up on your
cleaning detergents and deodorisers each month.
And that can only mean one thing...
After that you’re all set. The only thing you’ll need to
This is your unique chance to turn trash into cash remember is NOT to clean the bins over a patch of
In addition to being a breeding ground for deadly grass or soil – but over the tarred road or driveway is
bacteria, wheelie bins also attract a range of creatures fine otherwise you’ll be breaking the City’s Sanitation
that spread disease. By-Laws.
It might not be a pleasant subject – but it is a potentially How much should you charge?
lucrative one… You see, up until now, few people even The key to a good income here is setting your “per bin”
considered the money they could make from this price low enough so that you can get bulk customers in
industry. But that’s about to change thanks to a recent the same area. If you want to do this part-time, keep
announcement by the City of Johannesburg. It warned things simple and start by offering your services to
that it’ll fine people who wash out their bins using people you know – like the complex where you live.
hosepipes R1,500! And this warning is presenting you You can charge about R30 a bin to clean it twice a
with a unique opportunity… month. Doesn’t sound like much, does it? But if you
take a neighbourhood or two with about 500 houses,
Your “trash-to-cash” business blueprint… you’d make R15,000 a month.
Now I’m sure you’re wondering how you can profit
from this warning. It’s simple really, all you need to do Don’t stop there, make an extra windfall with this
is offer a service where you clean wheelie bins in clever sideline
accordance with the City of Johannesburg’s But here’s the really exciting thing about this
requirements. This way you not only eliminate potential opportunity: If you really want to make fast profits –
health hazards for your clients, you’ll protect them from why not approach large corporations to subsidise bin
paying a hefty fine. And when you consider that there cleaning for homeowners. In return, mark homeowner’s
are approximately 9,059,571 households in South bins with branded stickers. These stickers will offer a
Africa – there’s a huge target market for you to profit great advertising opportunity for the company and
from. homeowners will be eager to stick them on their wheelie
bins in return for a free bin-clean every month. No one
Here’s what you need to get started loses and marketing your new business becomes a whole
Now that you know why you’re setting up this business, lot easier.
let’s look at all the things you’ll need to get started.
So there you have it... Who knew rubbish could be this
• Lint-free overalls exciting... And lucrative?!
CONFID
Hate hospitals? ENTIAL
Here’s why a yellow IV could shorten
your hospital stay
Dr Jonathan Wright isn’t your ordinary doctor. He’s a pioneer in revolutionary
medicine and health breakthroughs and works tirelessly to bust myths about ageing
and ailments... To show us how the chemical drugs we swallow so readily can have The most commonly used IV fluids are made of 5%
devastating effects on our bodies. And find more effective, safer remedies that could
truly heal our hurts. dextrose and water (D5W) and saline (either 0.45% or
0.9% salt in water) – and that’s it. B-complex vitamins
If there’s ever a time your body and mind are under are quite compatible with D5W and saline, as well as
stress, it’s when you’re lying in a hospital bed, chained with any electrolytes that might be present. If these are
to an IV. the only things in your IV, don’t hesitate to ask your
doctor to add B-complex vitamins to help you fight
But if the IV needle that’s sending a solution directly stress and speed up your recovery.
into your veins is clear or colourless, it isn’t doing as
much as it could to help you fight the stress that could A word of caution…
prolong your recovery – and your hospital stay.
Some people are very sensitive to taking too much B-
I know it may sound strange, but the colour of your IV complex – or taking it too fast. Often, they become
fluid should be yellow! nauseous as a result. So speak to your doctor about
adding as little as a 0.5cc to 1cc (cubic centimetres) of
You see, when you’re under stress, your body uses B-complex to your IV to minimise the chances of getting
greater quantities of B-complex vitamins. And the ill.
natural colour of Riboflavin (or vitamin B2) – a key
member of this group of vitamins – is yellow! If you don’t have any problem with this amount, your
doctor can gradually increase your intake to 1cc per
So adding B-complex vitamins to your IV bag won’t short IV (less than four hours) and 1cc to 2ccs for
only help your body handle the stress you’re going longer ones.
through, it’ll change your IV yellow so you know you’re
boosting your ability to bust that stress and cut your After all, the anti-stress benefits of B-complex vitamins
hospital stay. far outweigh the very small risk of nausea.
Why hasn’t your doctor told you this? And while you’re at it, ask your doctor to consider
adding vitamin C to the solution too – just 10g of this
Now I’m sure you’re wondering why, if these vitamins vitamin will help you heal faster and have you feeling
are so good for you, your doctor simply doesn’t add B- better in next to no time.
complex vitamins to your IV in the first place?
The answer’s fairly simple: First and foremost, the Finally, some good news
thought simply doesn’t occur to most physicians
practising in hospitals or emergency rooms – because for allergy sufferers!
they’re not being pushed to use them. There’s just no
According to research, allergy sufferers are far less
money in it. Since vitamins can’t be patented,
likely to contract cancer than non-sufferers. US
pharmaceutical companies don’t push them – and
researchers from Texas Tech University believe that
practically no money has been dedicated to controlled
allergic reactions stimulate the immune system,
studies demonstrating that they work for any particular
helping to ward off other potentially fatal
condition.
conditions.
Safe anti-stress nutrients should be considered in
They found that asthmatics were 30% less likely to
all stressful situations
get ovarian cancer than others and children with
But even if your doctor does consider adding B-complex allergies to airborne substances were 40% less likely
vitamins to your IV, he could be concerned about to develop leukaemia than other youngsters.
potential interactions with whatever’s already in the IV.
It’s a valid concern, but one that’s easily answered.
p l we lth h lth dh
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CONFID
E
Invest in SA’s top properties NTIAL
from as little as R500 a month
If you’re in the market for a new house, I’ve got good generated by property has the ability to grow relative
news for you. Now’s a great time to hunt for bargains! to bonds.
After all, right now properties are discounted by as 4. It’s a typically low-risk investment vehicle: Each
much as 30% to 50%! property owned by the underlying companies the
fund invests in usually have hundreds of tenants.
But if you don’t have enough money saved to apply for (Remember: They usually invest in companies that
a second bond – don’t fret. We’ve discovered a fantastic own business parks and office blocks.) These
way you can get into property from as little as R500 a companies work in various sectors of the market,
month! have different rental agreements and renewal dates,
and varying vacancy factors. This means your risk is
Introducing a nifty little fund that could net you a diversified because you have a built-in spread across
129.53% gain in the next five years different property categories, regions, lease structures
and rental flows.
Over the past five years, the Stanlib Property Income
Fund has been one of the best-performing funds on the
Bottom line: Investing in the Stanlib Property Income
SA market, banking a 129.53% gain over the period.
Fund provides you with a unique opportunity to
diversify your risk, grow your wealth and generate a
How has it managed to achieve this incredible return?
steady source of income as well as hedge yourself
against fluctuating interest rates.
The secret, according to fund managers, Keillen Ndlovu
and Evan Jankelowitz, is that they have a history of
All you need to do to get involved is invest a minimum
investing in financially-sound property equity and
lump sum of R5,000 or a monthly debit order of R500.
property-related securities listed on recognised stock
exchanges.
For more information or to invest in the Stanlib
Property Income Fund, visit www.stanlib.co.za or call
And with holdings in property moguls like Growthpoint
(011) 448-6000.
(21.51%), Redefine (17.12%) and Resilient (8.15%),
it’s no wonder that this fund has such a solid track
Fund fact box:
record!
Launch Date: 17 September 2002
Even better, because this fund invests in physical
assets (not something as arbitrary as an underlying JSE Code: STPI
share price) you not only earn returns as the price of Fund Managers: Keillen Ndlovu & Evan
the fund increases, you also earn money from any Jankelowitz
income the properties earn too – that’s a brilliant Fund Size: R3.64 million
“double-whammy” no other type of fund can give Total Expense Ratio
you! (TER): 1.62%
Minimum investment: R5,000 (lump sum) or
Four reasons why you should add a property fund
R500 (monthly debit
to your investment arsenal
order)
1. You get good returns: A property fund’s portfolio Benchmark: FTSE/JSE Property Unit
objectives usually include a reasonably high current Trust Index (PUT)
return and long-term capital growth. Just remember,
to benefit from this, your optimal holding period
should be three to five years.
2. You can double your wealth: You enjoy two wealth- Performance to 17 September 2010
building opportunities – rental income and capital 1 year 3 year 5 years
growth. Stanlib Property
3. It’s an inflation-beater: Property is viewed as a Income Fund 26.52% 36.81% 129.53%
growth asset class, meaning the income stream
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If you pride yourself in having an open-door policy or, This way, you can keep your open-door policy and still
even more challenging, work in an open-plan office, this achieve your goals by totally eradicating disruptions for
great little trick will guarantee yourself an hour here and an hour or two every day...
there of pure uninterruptable work time...
Just don’t forget to take to let your phone go through to
The red/green flag trick to keeping your sanity voicemail or inform your receptionist to hold all your
calls (and those infamous drop-in visitors) while your
Buy yourself a red flag and a green flag this weekend. red flag is up...
Then gather your team around on Monday morning and
explain to them that, as much as you want to be Even better, if you’re worried you’ll have to deal with
available all the time, you’ve fallen behind with your twice the number of problems when your green flag
work because of your generosity. goes up – don’t! You’ll find your team members will
resolve 90% of the issues themselves, because they have
So you’ve come up with a plan that will benefit to. Leaving you with just 10% of the issues you
everybody... normally have to deal with.
If your answer’s “yes”, there’s good news: Being a 3. Who is your ideal customer?
successful networker is the single most important skill
Find out who their ideal customer is. Who does their
you’ll ever need to get ahead in the business world.
product or service cater for? If they describe your ideal
Here’s a quick list of the only three questions you’ll ever customer – perfect. You could look at working together
need to network like a pro… on something, advertising to each other’s customers or
doing some kind of affiliate deal. If they describe
1. What’s your name? someone who doesn’t fit in with your ideal customer
profile – think about people you know who would fit
The power contained within a name is immense. When the bill. Explain that you could put them in touch with
you address someone by their name, it engages them each other... This way you build you network and get
and gets them listening. other people indebted to you.
2. What do you do? Pretty soon, you’ll be the person everyone comes to
Establish what the person does. When you know that, when they want a business deal to go down.
Step 3: Check your idea is original That’s it! Now you’re ready to take your brilliant idea
Next, research whether your idea is original or not. To and sell it to the highest bidder.
do this, access a patent database like Special thanks to Hahn and Hahn Patent Lawyers for their help with this article
h
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Scandal!
The great car mechanic rip-off revealed – and how using
your senses could prevent you being played the fool
According to research estimates, over 25,000 consumers radiator.
file fraudulent car repair complaints every year. The • A dark brown or black oily fluid could mean the
estimated costs spent on unnecessary repairs is around engine is leaking oil. A worn seal or gasket could be
R20 million. But you don’t need an engineering degree the cause.
to detect car problems. You can detect many common • A red oily spot often indicates a transmission or
issues just by using your senses. Here’s how… power-steering fluid leak.
CONFID
It’s time to protect your money ENTIAL
as we reshuffle our portfolio and bank
a 59.88% gain
Gary Booysen is a financial analyst and writer of Fleet Street Publications most ex-
clusive newsletter: Stockmarket Sleuth. To date, he’s helped a select group of investors explode. How can I be so sure? Well, during the last
make gains of 61.81%, 66.81% and 84.99% in one of the most challenging markets bull-run, Anglo decided to protect its production from
we’ve ever seen.
the risk of price fluctuations by agreeing to sell its gold
Last week, gold hit an all-time high of $1,290.75 – up for $450 an ounce – a strategy known as a “hedge
78.95% since the market collapsed in 2008! That’s book”. Since no one expected the chaos that followed in
incredible! But what’s even more impressive is the fact the “Great Recession” of 2008/9, this seemed like a
that if you’d bought the yellow metal just five short good idea at the time. But overnight the world changed
years ago you’d have banked a 170% gain! – investors ran for cover and they ran straight into gold.
The time to get into gold is NOW! Essentially, Anglo’s hedge book has forced the group to
sell its gold for $829 less than it could have. But now
In the “good old” days of rampant inflation, gold was that the group’s in the process of closing its hedge book,
seen as the ultimate hedge. Back then, experts believed it’s going to be raking in the profits. So here’s what I
the best possible defence against inflation and currency want you to do: SELL Gold One at 205c and BUY
instability was to hold gold. AngloGold between R320 and R330. This smart move
could see you double your money in the next five years
The same scenario played out on the back of the 2008 as gold goes parabolic and the share shoots to R650.
market collapse. As interventionist policies minted more
and more money, inflation rose, currencies weakened It’s time for you to grab a spectacular gain
and the price of gold rocketed! But instead of devaluing
our currency like the rest of the developed world, South Back in May, I suggested you buy Didata at R10.15.
Africa’s allowed the rand to strengthen. And since gold I was looking for solid organic growth from the
is priced in dollars, this has put a serious dampener on company as it expanded its local offering and started
the profits SA investors have experienced. taking on overseas companies. What I didn’t expect is
that I wasn’t the only one eyeing out this gem. As it
But the rand’s strength won’t last much longer. Already, turns out, Nippon Telegraph and Telephone (NTT), a
government’s talking about imposing taxes to devalue Japanese corporation, liked the company just as much
the currency and this makes now the perfect time for as I did. It liked it so much, it’s going to buy the entire
you to grab your slice of the golden profits on offer. listed share capital at an 18% premium! That’s given
Didata’s share price a nice climb! So SELL Didata today
Today, I want you to switch your funds out of Gold One at R13.27 for a 59.88% gain.
into AngloGold instead.
Cut your losses short and let your winners run
Why would you want to do that? Well, mining giant, Pallinghurst (PGL) and Country Bird (CBH) have fallen
AngloGold, has just announced that it’ll be closing its through their stop losses and it’s time to get out. Sell
hedge book. And that means its bottom line is about to both at their current prices.
Share Symbol Date Rec. Price Tipped Current Price Gain/Loss (%) Target Price Comment
AngloGold ANG Oct-10 R 323.48 R 323.48 0.00% R 650.00 Buy
Blue Label BLU Oct-09 R 5.40 R 6.10 12.96% N/A Sell
Capitec CPI Aug-10 R 121.49 R 143.02 17.72% R 180.00 Hold
Cipla Medpro CMP Jul-07 R 4.10 R 6.90 68.29% N/A Hold
Country Bird CBH Jan-10 R 3.46 R 2.52 -27.17% R5 Sell
Dimension Data DDT Dec-10 R 8.30 R 13.27 59.88% Sell
EOH EOH Nov-05 R 1.90 R 13.46 608.42% N/A Hold
Gold One GDO Mar-10 R 2.00 R 2.05 2.50% R4 Sell
Gold Reef GDF Nov-09 R 19.70 R 17.68 -10.25% N/A Buy
Paladin Capital Ltd PLD Apr-10 R 2.25 R 2.80 24.44% R 2.70 Hold
Pallinghurst PGL Feb-10 R 5.99 R 4.20 -29.88% R 8.80 Sell
Reunert RLO Oct-08 R 58.25 R 59.72 2.52% R 90.00 Hold
Standard Bank Platinum
Commodity-Linker SBAPL1 Sep-10 R 100.56 R 103.63 3.05% R 150.00 Buy
Total 599.76%
Values as at 23rd of September 2010
Here’s how to survive: Don’t allow your manager to The easiest way to break the ice is to make her laugh.
bully you into saying what you don’t want to. Explain This will relax her and get her to open up. Remember,
the situation calmly and accurately. building trust is important – and it takes time. It’s not
going to be something that’s done over a meal – she
Don’t get aggressive or defensive – this will only needs to know you don’t have hidden motives. Don’t
increase the stress in the room. come across as somebody that’s a “wham, bam thank
you, ma’am” kind of guy. If she’s really worth it, take
Also, don’t be rushed into answering a question. Give your time; patience is an important quality that’s often
yourself time to think by asking your manager to repeat overlooked.
CONFID
Job hunting? ENTIAL
Your email address could disqualify you from landing
your dream job
Landing your dream job starts with getting your CV to achieved your capability, how you apply your skills and,
the hiring manager. If it never gets there, or if it’s never most importantly, how the skills you have will benefit
read, you have no chance. That’s why the single most your new employer.
important thing you can do when you’re looking for a
new job is to make sure your CV makes it to your The easiest (and fastest) way to improve your CV is to
prospective boss’s desk – and more importantly, into the remove everything that starts with “responsibilities
“to be read” pile of applications. included” and replace it with “on-the-job
accomplishments”.
Avoid these common mistakes and you’ll beat the other
candidates to the top of the pile. Remember, prospective employers aren’t interested in
the activities you performed on a daily basis – they’re
Mistake #1: First impressions count interested in how well you performed those activities.
Sending your CV via a dodgy email address can stand in
Never forget that it’s your CVs job to market you!
your way of landing an interview. After all, who’s going
to take an email address like floozy69@polka.net or
Mistake #4: Trying to stand out too much
tazzy101@gmail.com seriously?
Unless you’re applying for a job in a creative industry –
Thanks to the increase of free email address sites on the like advertising – a professional CV layout is critical to
web, you can set up a professional sounding email your job hunting success.
address in next to no time. Choosing something safe –
like JohnBrown1@gmail.com – will give the right Keep it simple and easy to read, use black ink and a
impression and could double the responses without you standard font such as Arial, Geneva or Times New
changing a single line of your CV. Roman. Don’t forget to include bullet points (so that
your information is easy to glance through) and make it
Mistake #2: Leaving out the job objective no longer than two pages.
According to career advisor, Tatiana Varenik, one of the
Remember, it takes approximately 30 seconds to glance
most important things you need to include on your CV
through a CV. If your information is organised in long
is to show the prospective employer what direction
paragraphs that are difficult to read quickly, it most
you’re moving in and what career goals you want to
likely won’t be read at all.
achieve. To do this, provide a job objective – a brief
introduction to your resume that establishes your
employment goals.
Over 40 and looking for
In it, identify the types of jobs you have the right skills a new job?
and qualifications for. Including your objective not only
helps you understand your own goals, but also gives Here’s how to avoid age
potential employers an idea of where you’re going and
how you want to arrive there.
discrimination...
Remember your CV doesn’t have to present your
Don’t forget to adjust your job objective every time you entire work history. Instead, divide the work history
send out your CV to align your objectives with the section of your CV into “Recent Work History” or
position on offer. “Relevant Work History” and only describe the last
10 or 15 years of your experience. Below your
Mistake #3: Selling yourself short 10-15 year work history, add a paragraph headed
Many job seekers forget that their CV isn’t just about “Prior work experience” and simply refer to any
past jobs! It’s about THEM! So make sure your CV additional important (but ancient) jobs without
highlights your accomplishments at your previous jobs mentioning dates.
and showcases what you’re capable of, how you
Some doctors tell their patients to cut back on dietary Don’t change your diet – Pop your daily
and supplemental calcium, others counsel their patients vitamin instead
to reduce calcium and salt and to drink lots more water. But the really great news about all this is that the same
A few even give prescriptions for diuretics. amounts of magnesium and vitamin B6 that were found
effective in preventing calcium oxalate kidney stones
But none of this is necessary (or helpful for that back in 1974 can be found in many high-quality
matter). multiple vitamin-mineral formulations today.
Yet the mainstream seems to be turning a blind eye to All you need to do to get enough magnesium and
methods clearly proven to help. vitamin B6 from a “multiple” is to take the four to six
capsules daily that are usually called for by the labels of
In 1974, two Harvard researchers found that these products. Add 2 or 3 teaspoons of rice bran twice
magnesium oxide (300mgs daily) and vitamin B6 daily and your chances of getting a calcium oxalate
(10mgs daily) could reduce the risk of recurrent calcium kidney stone will be close to zero!
If you thought this month was packed with insider tips and tricks...
Look out for next month where we give you valuable reports,
discounts off health products and much, much more...
All for FREE!
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