Archive for May, 2013

Number of ‘super rich’ grows thanks to Asia

Number of 'super rich' grows thanks to Asia.

Asia’s rapid growth rate has helped to boost the amount of millionaires and “super rich” raising private wealth to record levels, according to a new report.

Private wealth increased 7.8% to $135.5tn in 2012 from the previous year, says Boston Consulting Group, the management consultancy. The total number of millionaire households reached 13.8m and the number of “super rich”, or households worth more than $100m, rose to about 12,000.

The rise in private wealth suggests the global economy is finally shrugging off the effects of the financial crisis helped by Asia’s rapid growth.

Asia’s private wealth increased to $28tn, a 17% jump on 2011 making it the fastest-growing region excluding Japan. The figure is projected to nearly double to $48.1tn over the next five years.

“The world seems to have put the financial crisis behind it with more millionaires and super rich people than before,” said Brent Beardsley, partner and managing director at BCG. “There could be another hiccup, but the world looks like it is recovering as the equity markets rise and the emerging world continues to grow.”

The US remains the wealthiest country, with Japan second, China third and the UK and Germany equal fourth. Qatar has the highest density of millionaires – 143 out of every 1,000 households.

Nikkei Stocks up 1.37% for the week !

What an end to a turbulent week in Tokyo , nearly 10% swings !

Friday stocks rose 1.37% on Friday, as a weakening yen helped the benchmark index rebound from the previous day blood bath of more than 5%.Thursday followed a week of wild volatility in the market which included a a plunge of 7.3%, the worst single-day fall since Japan’s 2011 quake-tsunami disaster.

Nikkei 225 index added 185.51 points to 13,774.54 .

Investor sentiment was buoyed by official data released Friday that showed Japanese factory output expanded by a better-than-expected 1.7% on-month in April, even as the nation remained mired in deflation.

FOREX

The dollar fetched 101.01 yen in Tokyo afternoon trade from 100.74 yen in New York late Thursday, while the euro also strengthened to 131.65 yen from 131.39 yen.

You can say one thing Tokyo ain’t boarding .

Tony Evans

What is ‘the millionaire mindset’ ?

People offer associate wealth or success with luck or good fortune .

Successful people do certain things in a certain way. They feel differently, they think differently, and the most important of all, they act differently .

1. They love what they do .

when you live what you do how can you call it work

2. Apatite for risk and reward is high .

Millionaires think about the options that will not put a ‘limit’ on their working hours and the income.

3. Sales skills .

To be successful you need to be able to sell your ideas to people and make them believe in you & your product/ idea .

4. “A Rock”

Successful people have a rock in their life they count on and is key part of their success .

5. Positive attitude .

Positive attitude nothing can get them down . And they have determination to ignore the negativity and focus on their goals .

6. Hard Work

Says it all ! Nothing great was every achieved without hard work .

Have a great weekend

From a spectacular sunny Sun City ,

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I’m too positive to be doubtful, too optimistic to be fearful and too determined to be defeated.

I’m too positive to be doubtful,
too optimistic to be fearful and
too determined to be defeated.

Thats a good way to think every singe day ,

Have a cracking day

Tony Evabs

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Executive Fight Night II – Tokyo May 24th Program

The Nights program , showing us what we were expecting to enjoy .

What a night we enjoyed !

“every morning you wake up is another chance to get it right “

Here’s my thought of for this amazing morning .

every morning you wake up is another chance to get it right

Lets lock and load and get it right ,

Tony Evans

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Final salary pension becoming extinct

Final salary pension becoming extinct.

Final salary pension becoming extinct

A survey has shown that all FTSE 100 companies’ final salary pension schemes could be shut within a decade, after more than a quarter of companies have already shut their final salary pension schemes to all their workers.

The number of employees without a final salary pension has increased to 34%, as 27% of the UK’s largest companies have closed schemes to both new and existing members.

In recent weeks, companies including Axa and DHL have been among those announcing plans to close final salary schemes to existing members, having already introduced less costly defined contribution schemes for new employees.

Final salary, also known as defined benefit, schemes are under pressure after a combination of increased life expectancy and low gilt yields have made it increasingly expensive to provide the retirement incomes promised.

Many company pension schemes already have large deficits and changes in the rules around national insurance contributions, set to come in when the flat-rate state pension is introduced in 2016, will add to the cost of running a company pension scheme – according to experts.

Some also warned that larger than expected deficits and the loss of national insurance rebates from 2016 may lead even more employers to close their schemes sooner rather than later.

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Arnold Schwarzenegger speech 6 rules for success

Arnold’s 6 Rules to Success:

1. Trust yourself

Many young people are getting so much advice from their parents and from their teachers and from everyone. But what is most important is that you have to dig deep down, dig deep down and ask yourselves, who do you want to be? Not what, but who. Figure out for yourselves what makes you happy, no matter how crazy it may sound to other people.

2. Break the Rules

Break the rules, not the law, but break the rules. It is impossible to be a maverick or a true original if you’re too well behaved and don’t want to break the rules. You have to think outside the box. That’s what I believe. After all, what is the point of being on this earth if all you want to do is be liked by everyone and avoid trouble?

3. Don’t Be Afraid to Fail

Anything I’ve ever attempted, I was always willing to fail. So you can’t always win, but don’t afraid of making decisions. You can’t be paralyzed by fear of failure or you will never push yourself. You keep pushing because you believe in yourself and in your vision and you know that it is the right thing to do, and success will come. So don’t be afraid to fail.

4. Don’t Listen to the Naysayers

How many times have you heard that you can’t do this and you can’t do that and it’s never been done before? I love it when someone says that no one has ever done this before, because then when I do it that means that I’m the first one that has done it. So pay no attention to the people that say it can’t be done. I never listen to, “You can’t.” (Applause) I always listen to myself and say, “Yes, you can.”

5. Work Your Butt Off

You never want to fail because you didn’t work hard enough. Mohammed Ali, one of my great heroes, had a great line in the ’70s when he was asked, “How many sit-ups do you do?” He said, “I don’t count my sit-ups. I only start counting when it starts hurting. When I feel pain, that’s when I start counting, because that’s when it really counts.” That’s what makes you a champion. No pain, no gain.
But when you’re out there partying, horsing around, someone out there at the same time is working hard. Someone is getting smarter and someone is winning. Just remember that. Now, if you want to coast through life, don’t pay attention to any of those rules. But if you want to win, there is absolutely no way around hard, hard work. Just remember, you can’t climb the ladder of success with your hands in your pockets.

6. Give Back

Whatever path that you take in your lives, you must always find time to give something back, something back to your community, give something back to your state or to your country.

“I’m gonna live till I die” Frank Sinatra

“I’m gonna live till I die” Frank Sinatra

If every day we remind ourselves of this as we only get the time we are dealt ,
We live every day we die once

Tony Evans

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The 3 C’s of life: choices, chances and changes. You must make a choice to take a chance or your life will never change

The 3 C’s of life: choices, chances and changes. You must make a choice to take a chance or your life will never change

People ask me how can I be different how can I achieve my goals .

Here is a very simple answer , I would say personally that there are 5 Cs , the three above plus Courage to change / try & and Conviction in what your doing .

Happy Monday

Tony Evans

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