How One of America's Master Real Estate Investors Taught His Kids the Multiplication Tables in 3 days.

Peter Fortunato

I continue to teach Real Estate Acquisition Techniques each June. It is, as you know, an introduction to capitalism.

Many young people attend each year.

I also speak at investor associations and in schools several times each year.

I've noticed these "problems" again and again:

Failure to understand what is possible.
(Goals are not set if dreams are not dreamt.)

Inability to do simple math.
(If you can obtain a 5% return and you need $40,000 per year income - How much capital will you require?)

Inability or unwillingness to estimate.
(decision making and recognizing opportunities is impaired)

I discovered years ago that bribery works great on kids.

In 1984, my kids were 9,8,7 & 5. I wanted them to learn the multiplication tables. I offered to pay each of them $100 when all of them knew the tables (through 12) so well that I could call out any problem to any one of them and, without hesitation, he or she would answer correctly. If any one of them missed any one challenge none of them got $100.

It took them 3 days, working together and pushing each other, to accomplish my goal along with their goal.

[Note from Gary North: Every week I will either save you money or show you how make more money: in my half-page free report, Tip of the Week. For a subscription, use the subscription box here: www.garynorth.com.]