| Jamie McIntyre has a famous theory called 'the law of | | | | of tattslotto tickets. If these people would take the time |
| opposites' - despite its simplicity and almost comical | | | | to educate themselves in the world of finance they |
| nature the law of opposites can be an incredibly | | | | would be astounded at what they could achieve. |
| powerful tool for creating a successful life and | | | | Forget any fancy strategies or borrowing to invest, if |
| developing the mindset of a millionaire. | | | | people could learn and master one simple concept like |
| What exactly is Jamie McIntyre's 'Law of Opposites? | | | | 'compounding interest' their lives would start to change |
| Quite simply Jamie McIntyre suggests that one of the | | | | forever. People are so often worried about not being |
| best ways to become financially successful is to "find | | | | able to pay for their child's education but did you know |
| out what most people are doing and then do the | | | | that if you were to invest $3.33 per day into a fund |
| exact opposite". | | | | that was earning 15% that by the time your child turns |
| So when you are faced with a decision or a particular | | | | 19 it would be worth $110,424. Then if you stopped |
| situation, think about what the average person would | | | | contributing and let the money to continue to grow on |
| choice to do and then do the exact opposite. As | | | | its own it would be worth |
| comical as this may sound you will probably find that it | | | | - $9.6 million by the age of 50 |
| will lead you to some amazing and unexpected | | | | - $39.2 million by the age of 60 |
| accomplishments. | | | | - $158.2 million by the age of 70 |
| When Jamie McIntyre first told me about his 'law of | | | | Basically that means that if you were to give up a |
| opposites' theory I thought he was being silly. How can | | | | mars bar a day or your weekly tattslotto ticket you |
| the law of opposites help you develop the mindset of | | | | would be able to leave your children a multi million dollar |
| a millionaire, surely its more likely to develop the | | | | inheritance. When you start to create the mindset of a |
| mindset of a 'crazy lunatic' who has a severe | | | | millionaire you will never cease to be amazed by the |
| blockage in their decision making process? After | | | | things you can create. The ironical thing about tattslotto |
| reassuring me that he wasn't a 'crazy lunatic' he | | | | is that within 3-7 years of winning, most people are in a |
| proceeded to explain why the law of opposites is in | | | | worse position financially than they were to begin with. |
| fact a crucial part of developing the mindset of a | | | | Why? Because they haven't developed the mindset of |
| millionaire. | | | | a millionaire, they have simply been gifted a whole lot |
| When I look at the results that most people's actions | | | | of money and they don't have the correct skills to |
| are producing they are way below my expectation. So | | | | make their money work for them. |
| if you want to produce similar results to these people | | | | Imagine if someone was to offer you the choice of |
| then your task is very easy - Simply make the same | | | | these two things |
| or similar decisions that they are making and you will | | | | They will give you a million dollars in cashor |
| be just like them in no time at all. What Jamie McIntyre | | | | They will teach you how to create the mindset of a |
| is trying to say with his law of opposites is that to be | | | | millionaire |
| successful you need to do things differently than the | | | | What would you choose? I know what most people |
| general public. You need to start developing your | | | | would choose and to be honest a few years ago I |
| mindset of a millionaire and stop making the same | | | | would have taken the cash too but after developing |
| decisions as everyone else. | | | | my own mindset and learning to implement Jamie |
| One of the best examples that I can give you of | | | | McIntyre's Law of Opposites I know that it would be |
| Jamie McIntyre's Law of opposites in effect is how | | | | the wrong choice. In order to succeed we need to |
| most people approach becoming wealthy or rich. | | | | branch, take some risks and develop the mindset of a |
| Rather than trying to get a financial education and | | | | millionaire. Funnily enough, sometimes the best way to |
| develop the mindset of a millionaire most peoples | | | | do this is to see which way most people are going |
| attempt at becoming wealthy is to buy a whole heap | | | | and head the other way. |