Ahn Do’s The Happiest Refugee & What It Can Teach Us About Investing

Today I wanted to share with you an awesome book I am reading.

If you want to get better in your investing, then reading is one of the key ways to gain knowledge and help improve, or maintain, the right mindset. This is essential if you want to succeed.

Charlie ‘Tremendous’ Jones said, “You will be the same person in five years except for the people you meet and the books that you read.”

He is so right.

So let me start by admitting, that despite the title of this blog, I’m not going to recommend a property-investing book at all. In fact, there is a whole list of books that have nothing directly to do with property investing, but will help you in your investments no end. I’m going to talk about one here today, in the future I’ll share more.

So this book I am reading is by a fairly well-known Australian. You’ve probably heard of him, probably seen him on TV, and probably never thought that he is the author of a best-seller that will help you in your investing.

His name is Anh Do.

Anh is a Vietnamese immigrant and just happens to be one of the funniest guys in this country. His book is called “The Happiest Refugee” and if you haven’t read it, you need to. It’s an autobiography, and tells a great story of life, love, faith, conquering fear, and how a Vietnamese refugee became one of Australia’s most-loved comedians. He is also a successful entrepreneur and reading his story of success will inspire you to success of your own.

I certainly won’t give too much away, but I want to tell you why this book (and others) help us with our property-investing mindsets. The reason why books help our investing is to do with the fact that property investing is a great metaphor for life, and things that happen in life are great metaphors for property investing.

Our unconscious minds learn through metaphors and stories – after all, why do you think parables and fables have been used for thousands of years to teach kids and adults? Reading stories that teach our brains stuff about life and success then leads to us being able to make better decisions when it comes to investing. (There are neuroscientific explanations for this, but I won’t go into these here).

So “The Happiest Refugee” tells many stories of success, conquering fear, and the great achievements that can come when you “give something a go”. And it’s easy to read and learn from this book because we are constantly distracted as it is so funny…!

Anh Do’s Dad features in the book quite a lot – he was obviously a big influence on our comedian author, and some great advice comes through his teachings. We can learn a lot from his actions and his words of wisdom.

I would love to meet Anh’s Dad some day – he is an incredible guy, and his whole family has had an incredible life. For an autobiography, it reads like a work of fiction. Some people truly do lead very interesting lives… In his youth, Anh’s Dad pulled off the rescue of two of his brothers from a Vietnamese concentration camp. He then successfully sailed his family and a group of other refugees from Vietnam, across treacherous seas, with no real navigation equipment and at times, no motor (!) to safe waters. (This was back when Australia welcomed refugees.)

And this was despite being attacked by pirates on the water. Twice. Next time we think we are having a ‘hard day’ maybe we should think about that.

One of the things that Anh learns from his Dad (and teaches us) are these following words of advice, which are so true, and we often encounter in investing and life, when we become ‘paralysed’ prior to taking on something new. In life it might be asking a girl on a date. In investing it might be buying a property investment for the first time, or our first million-dollar-block-of-units or our first development project.

Anh says: “I remember my father always said to me as a kid, ‘When you know it’s right for you, but it scares you, it means you have the most to gain from doing it.” (So just do it.)

This is a philosophy we can all do well to remember when we get to that point that we really want to do something and something is stopping us. When we reach that point, if we only find the strength to take action, an amazing world can open up in front of us…

So, you’ve got to read this book. Don’t make excuses. Just do it.

If you’ve already read “The Happiest Refugee” email us and let us know, or add a comment to the blog! How many people have you recommended to read this amazing book, or given it as a gift?

If you haven’t read it, read it now! Buy it from a book store. If you don’t want to buy it, get it from your library! If you don’t have time to get it from a bookstore or library, get it from Amazon now from http://amzn.to/1eTtDLA

The way to success is to duplicate the things that successful people do.

Good luck in your investing!

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