£2.73 Club

Speaker & Author

Books & Dvds

About Me

Site Map

Karen Newton
Wealth Coach, International Author , Award Winning Speaker
Share Market
Book Reviews
December, 2019
January, 2020
Think & Grow Rich
1/21/2020 4:05:14 PM

Think & Grow Rich – Napoleon Hill

Ask any guru for a list of their top 10 books for motivation and wealth creation and the chances are they will include Think & Grow Richby Napoleon Hill.  Originally published in the 1930’s, this book would have been amongst the first in the Law of Attraction Genre together with the other book I reviewed, The Science of Getting Rich by Wallace Wattles.

When studying the Law of Attraction, there is a consistent negative theme from many, that it doesn’t work.  They assume you just think what you want and hey presto it turns up.  However, there are additional steps needed to make it work. Think & Grow Rich outlines in 15 chapters the processes and activities needed to manifest what you want through Law of Attraction.  For this reason alone, it has become a classic to go reference book.

It’s important to realise, this book was written in 1930’s America, when the country was going through the great depression.  There were successful businessmen such as Dale Carnegie, JP Morgan, JD Rockefeller and Henry Ford who were all part of the Industrial Age Boom.  They became very wealthy very quickly.  As people were struggling during the great depression it was important to offer hope and motivation to the population.  This book was promoted as a self-help and personal development book.  By the time of Napoleon Hill’s death in 1970 the book had sold 20 million copies.  By 2015 it had sold over 100 million copies.

Hill spent more than 20 years studying the rich to determine the qualities, habits and attributes they had in common to achieve their success.  As a result, he wrote the book The Law of Successcovering 19 Principals for success.  Think & Grow Rich has a concise 15 principals

·         Thoughts Are Things

·         Desire

·         Faith

·         Autosuggestion

·         Specialised Knowledge

·         Imagination

·         Organised Planning

·         Decision

·         Persistence

·         Power of the Master Mind

·         The Mystery of Sex Transmutation

·         The Subconscious Mind

·         The Brain

·         The Sixth Sense

·         The Six Ghosts of Fear

While the book is about obtaining wealth in money, the principals within this book will help the reader, who applies the principles to achieve whatever they desire.

As the book jacket says, read yourself into a fortune.  The book will teach you the secret.  It will show you not only what to do but how to do it. If you learn and apply the simple basic techniques revealed in the book you will have mastered the secret of true and lasting success. And you may have whatever you want in life.

The great personal development coach Bob Proctor, says he reads this book every day.  Just look at how successful he has been in his life.  Tony Robbins says his book Awaken the Giant is based on this book.  What can the book do for you?

Having read and practiced the principles within this book and enjoyed some of the benefit I can understand why this book is consistently in the top 10 books recommended.  Think & Grow Rich is a genuine classic whose teachings work if you are willing to learn.




The Formula For Wealth
1/15/2020 5:43:09 PM

The Formula for Wealth

My life was changed by a car crash that left me unable to walk. Little did I realise at the time, that the two years spent learning to walk again was also teaching me the skills I would need to go from Zero to Millionaire.  Also, unable to work, I had to find a way to make a living.  Today as I look back over that period, I realise I was practicing the skills that would help me develop the Formula for Wealth.

Once fit and back on my feet again I started to put into practice what I was learning.  There were ups and downs, successes and failures until I hit the right formula for wealth which I continue to use today.


Start a Business

It all starts with a business.  But don’t panic, you don’t need to be spending tens of thousands in buying equipment, renting properties and employing staff.  Today’s businesses are created online.  Books, ebooks and audiobooks are all created, self-published and sold online. Information Products are bundled together including books, videos and reports all providing a solution to a problem your client has.  They can easily search Amazon for guides to help them from fixing a leaky pipe to legal advice or simply click on a link to a product you recommend and you receive a commission if they buy.

Your household junk is someone else’s treasure and there’s no better place to buy and sell than ebay. Little do people realise they are running a little home-based business with their accounts making money for each item they sell.  It is then quite easy to upscale your account and become a power seller on ebay making thousands a year.

Tutorials are one of the best Niche Markets for YouTube.  If you have knowledge or skills that can be recorded in a video and uploaded to your Youtube account then you can start to make some money from advertising and product recommendations.  Product Reviews are very popular, as people want to see what an item looks like taken out of packaging before they buy it.  A link in your review could soon see you earning commissions on sales.

There are so many opportunities to start small and begin an online business then upscale as you attract viewers to your channel

Income from your online business provides cash to invest in….



I have mentioned in a previous blog about investing in shares using ISAs.  Yet when you are first starting to invest finding an extra one or two hundred pound a month can put a strain on your finances.  Starting a small business as mentioned about quickly brings in the cash to purchase shares.

Simple strategies for creating monthly income from your shares can soon see your investment providing sufficient income to invest in….



You may not realise that you can start investing in property from just £1.  There are ways to control properties and earn an income from them as though you own them from just £1.  Have a little more to spend and you can get other people to source the deals for you.

If you particularly want to own property then shares provides an excellent way of saving the money you have made from your business until you can afford to purchase a property.


Protect Your Investments

The Global Economy has many ups and downs affecting your investments in the Share Market and Property.  However, you can hedge the ups and downs with Bullion.  In particular, Gold and Silver Bullion.  When economies are in recession Gold and Silver tends to go up protecting the losses on your other investment with the growth in your bullion investment.  This generates cash with which to buy more shares and property at depressed prices so when the markets start to recover again you achieve enormous growth.  It is what we call a Transfer of Wealth. (more about this in future blogs)


The formula for Wealth

So now you have the formula for Wealth.  Start a business, invest the money you make into shares.  Once you have enough in your share account buy property and then protect it all with bullion.  Play the ups and downs of the markets.  Repeat until Rich.  

For more information about investing visit my youtube channel 

How an ISA Can Be Your Best When Investing Friend
1/12/2020 11:40:22 AM

What is an ISA Acounnt

An ISA (Individual Savings Account) is a wrapper that goes around certain approved type of savings that allows the saver to earn income tax free.  There is a limit on how much can be saved per year which for 2019/20 is £20,000 for an over 18 years old ISA account.  An ISA is an excellent way to save and invest as you don’t pay income tax or capital gains tax on the income earned within the ISA which has the effect of allowing your investment to grow quicker as you get to keep all the money you make.  In addition the government does not require any earnings from an ISA account to be declared on a tax return.

There are currently 4 different types of ISA for anyone 18 years old and over.

1.       Cash ISA

2.       Stocks & Shares ISA

3.       Innovative Finance ISA

4.       Lifetime ISA (saving allowance into this account is £4000 per year)

For under 18 year olds there is a Junior ISA.  The saving allowances for 2019/20 is £4368.  There are two types of ISA for under 18 year olds

1.       Cash ISA

2.       Stocks and Shares ISA

The saving allowance for both over 18 and under 18 years old can be split between any of the ISA’s if you qualify to hold that type of ISA. As an example, if you are over 18 year old, you might hold an Innovative Finance ISA and a Stocks and Shares ISA so your £20,000 savings allowance could be split between both of those accounts.  As long as you qualify under the criteria, you can hold all for ISA accounts.


What is the Qualifying Criteria for an ISA account?

·         From the age of 16 any UK resident can hold a cash ISA account.

·         18 years old and over can hold a stocks and shares ISA and an Innovative ISA account provided they are a resident in the UK

·         A Lifetime ISA account is for anyone over 18 but under the age of 40


What can you save in an ISA?

There are different types of savings which can be included within the ISA Wrapper.

Cash ISA – this can include any money that you hold in a bank savings account; a building savings account; there are also some investments run through NS&I (National Savings and Investment) a government state owned savings bank which also qualify for Cash ISA.

Stocks & Shares ISA – the investments included in this type of ISA are shares in companies; unit trusts and investment funds; corporate bonds and government bonds. Not all of these types of investments will qualify to be included in an ISA.  You will need to verify which ones can.  If you are investing in shares, when looking at the overview page of the share, it will normally say simply “yes” or “no” that it can be included in a Stocks & Shares ISA.

Innovative Finance ISA – was set up to allow people who loaned money through Peer-to-Peer Lending – loans made to individuals and businesses through alternative platforms other than banks - to be able to offset taxes on the income they earn.  It has now been expanded to included crowdfunding debentures. The debentures are investing in businesses through buying the debt that the business owns.

Lifetime ISA – this account was set up to help save towards your first home or retirement.  You can add Cash or Stocks & Shares into this account between the age of 18-39.  The limit is £4000 per year and the government will contribute a 25% bonus to the account, each year, up to a maximum of £1000 per year.  The money can only be withdrawn if you a) want to buy your first home b) you are aged 60 or over or c) are terminally ill with less than 12 months to live. As the government adds the 25% bonus each year, if the money is withdrawn prior to the qualifying criteriWhy an ISA is your Best Friend for Investing?

a above, they will charge a penalty so they can claw back the bonuses they have paid.  With the Lifetime ISA there are rules about buying homes or transferring to the ISA to a different type of ISA.  Whoever, your ISA is with, they will explain the rules.

How an ISA Can Be Your Best Friend When Investing 

Most people when they invest, are hoping to build their wealth.  However, it is not the money they want, it is the lifestyle that the money can buy.  With the UK Government ISA’s this is recognised as if you want a savings account that pays a bit more money that a traditional savings account then the Cash ISA provides for this.  Many organisations try to make them fixed term savings but there a flexible Cash ISAs that will allow you to save for a specific reason and then withdraw your funds while enjoying the benefit of tax-free interest on the account.

Over the past decade or so, the government has been encouraging the UK population to take more responsibility for their finances and future needs such as retirement or home care.  Providing flexible ISA’s that allow the investor freedom of choice in the way they invest their money while providing them with incentives such as bonuses, free from income tax and free from capital gains tax style investments helps to encourage the public towards financial independence.

The investment allowance is a per year allowance.  If you can save the £20,000 allowed this year and again next year and the year after you can generate a lot of tax-free interest, dividends and capital growth in a short time.  This allows the power of the compounding effect to be far more effective in a shorter period of time.  By this I mean that if you earned say £100,000 in dividends and had to pay say 40% tax, the amount available for reinvesting would be £60,000.  Through an ISA the £100,000 earned would remain tax-free meaning the full £100,000 could be reinvested back into the investment. The investment grows quicker.

An ISA is your best friend for any type of saving or investment as the tax-free income and capital gains along with the bonuses paid through the lifetime ISA can accelerate your investment goals.  Helping you to achieve the lifestyle dreams much quicker.  Anything that helps you achieve your dreams and goals has be good.   

The Science of Getting Rich
1/6/2020 6:34:48 PM

The Science of Getting Rich by Wallace Wattles

For my first book review/recommendation I thought I would start with one of my all-time favourite books.  This is one that I read over and over again.  I also have the audio book playing over and over.  The gems of information in here cannot be underestimated.  If you want to know how to make money then this should be a must read for your library.

The book was originally published in 1910 but the points in the book are as valid today as they were over a century ago.  This is an all time classic in the genre of Think and Grow Rich by Napoleon Hill.

In today’s world, it would be considered a type of Law of Attraction book but offers a bit more insight.  Wattle speaks about the Certain Way of doing things.  It talks about creation rather than competition as the path to generating wealth.

The concept of the book, is that the world has an invisible substance that is part of everything we do.  Wattle refers to a substance that penetrates, permeates and fills every living space and how we need to tap into it. He also covers the way your internal thoughts create your external life.  If you dwell on negative news, for instance, then your world will be filled with negativeness.  I can particularly resonate with this as when I started building my wealth, I totally ignored the newspapers, television and all the people who said “you can’t do this or that”. It works to tune out all of the naysayers around you.

The second concept of the book I particularly like is that you are not in competition with anyone as there is and always will be plenty of abundance to go around.  Your job is to be creative and generate the demand for your products and services so wealth comes to you.  Bearing in mind, the book was first published in 1910, Wattles talks about the opportunities that abound in aviation where there is ample scope for creation rather than competition in the fields of rail transportation which were dominated by Rockefeller at the time.  The other part about abundance, Wattle, discusses how there is no limit on the resources around us.  If we need more soil to grow crops there is more soil available.  If we want more gold or silver those resources will also be found as there is abundance all around us.

If you want a book that gives excellent advice in the principles of creating wealth, becoming rich, this book should be at the top of your reading list.

The Science of Getting Rich is a classic book which stands the test of time in relevance to overcoming the barriers we set ourselve preventing us from the creating the wealth we desire and in using the concepts within the book you can create a better wealthier life.

It's Your Choice
1/1/2020 2:46:13 PM

I have never liked SMART goals.  To me it puts restraints on you and can stop you from achieving your dreams.  There should be no restriction on your dreams other than the restrictions you choose..  The bigger you can dream the better the life you can create.  Yet, using the SMART acronym, my goals would never be realistic, trackable or within a time frame.  Instantly, you set yourself up for failure.  Yet, you have the power to create anything you want in life.  It's your choice.

Let your imagination run and dream of all the things you want to do, places you want to visit and the lifestyle and wealth you desire.  The set your goals. Goals are there to be achieved.  It doesn’t  matter how realistic they are or how long you take to achieve them as long as you have the belief and desire to turn them into a reality.

I remember in 2000 sitting on a beach in Napier, New Zealand, watching the sun rise on a new millennium.  I had plans and goals for the year.  By June that year, I was back in the UK and for the next 8 months dealing with the death of 6 members of my family.  My goals and dreams for the new millennium firmly put on hold.

By June 2001, the first goal was achieved.  In September 2001 goal 2 was achieved and within the next 3 years I achieved each of the dreams and more.  So, even though I was unable to achieve my goals in 2000, they were still there just waiting for me to take action and make them a reality.

Having a goal and a plan to achieve the goal are core to the success you want.  You can have as many dreams as you desire but without a plan and without taking action on that plan you will never achieve them. 

It doesn’t matter how long you take to achieve your dream.  Time is not important as long as you achieve the dream.


It’s your Choice

Within each of us the power to create the life of our dreams.  To become who we want to be.  To achieve anything we desire.  You can start right now.  All you need to do is decide.  It’s your choice.


You choose the dream.  You choose the action you take.  You choose how you achieve the dream.  Nothing else matters.  It doesn’t need to be a SMART goals it just needs to be something you dream about and want to turn into a reality.  Don’t let SMART goals hold you back.  It’s your choice.

5 items total

£2.73 Club
Speaker & Author
Books & Dvds
About Me
Site Map