Podcast appearances and mentions of terry tran

The markets are rattled. The headlines are loud. And for farmers trying to plan ahead, it's starting to feel a bit like trying to build a fence in shifting sand. That's exactly why, in this episode of Profitable Farmer, I've invited back our trusted investment specialist, Terry Tran from Freedom Trader - because when the world gets noisy, Terry brings sharp thinking and clear-eyed strategy.   At present, we're diving deep into one of the biggest economic curveballs we've seen in years — the Trump-imposed US tariffs. This conversation is as timely as it is important. We explore: What this means for Australia & NZ, for agriculture, and for the way we make decisions in uncertain times What these tariffs actually are, and how they were calculated The ripple effects on global trade, inflation, interest rates — and yes, our ag exports. Where the risks lie… and where the opportunities might just be hiding in plain sight. Smart, proactive strategies to help you safeguard your business and potentially thrive on the other side of this storm. Terry doesn't sugarcoat it — and that's what makes this episode so valuable. He brings the data, the insight, and most of all, a calm, measured voice in the middle of all the noise.  Whether you're feeling rattled, curious, or fired up to adapt and invest wisely, this one's worth your time. Because when everyone else is panicking, the best in the game are positioning. If you're wondering how to navigate the months ahead and where to look for your next smart move — tune in. And a reminder that Terry is running an exclusive Freedom Trader Webinar for our community. It's designed to help you get ahead of the headlines and build real financial resilience for your future.

As always, it is great to speak with Terry Tran and get an update on what is happening across our economy and the global investment landscape. In this episode, and 6 months after our last update from Terry, we cover all things interest rates, inflation, commodities outlooks, exchange rates and economies. We get Terry's valued insight across the USA, China, Russia/Ukraine and other global developments, and how these might impact equity investment decisions in the near and long term. We are excited to bring another exclusive Freedom Trader investment webinar to the Farm Owners Academy community at 7:20 pm (AEDT) on Tuesday, 5th November, details are here. If you are interested in exploring world-class coaching on how to invest successfully in the global market, then we recommend this webinar and Terry's Freedom Trader program, details here. Thank you, Terry. Congratulations on the work you do supporting so many families to pursue and achieve financial freedom. I look forward to a beer on your new veranda and to enjoying the view across Sydney's incredible cityscape very soon! Sincerely, Jeremy Hutchings & the Farm Owners Academy Team P.S. If you're also looking to tackle stress and improve your well-being, our FREE 2024 Edition of The Low-Stress Farmer's Handbook is now available. Discover essential strategies for reducing stress, avoiding burnout, and building resilience. It's packed with practical advice tailored to farmers' unique challenges. Click here to get your copy now: Download the Handbook.

About The Guest(s):In this episode, Tyron Hyde interviews Terry Tran, founder of Freedom Trader, who shares his journey from being a child refugee to achieving financial freedom through share trading.Summary:Terry emphasises the importance of education and understanding stock fundamentals before investing. He discusses the mistakes traders often make, the value of diversification, and the significance of risk management. Terry also provides insights into undervalued companies and emerging economies, such as India and Vietnam. Watch on YouTubeWatch on YoutubeOr visit Ten with Ty Tyron Hyde is the CEO of Washington Brown Quantity Surveyors

Learn the foundation of money management for financial freedom Before we start, I want to talk about an event. Our return guest, Terry Tran, is putting on an event. It's going to be on Tuesday, the 13th of February, kicking off at 7:20 in the evening. When you attend this session, you'll learn how to create off-business wealth safely, regardless of the market condition. The link's at the bottom of the description. Go check it out. I have some other financial freedom tools that you can start using. Most problems in small businesses, particularly building businesses, come from the financial space. When you're under financial pressure, it seems to magnify the consequences of every other problem you've got, whether it's a health problem, a relationship problem or a work issue. So, we're going to be talking about a bunch of things about mindset with money and how to use your money more effectively. Terry Tran is joining me in this insightful conversation. He is the founder of The Freedom Trader and a highly knowledgeable individual in investing. With a focus on diversification and utilising both hard and liquid assets, Terry has achieved financial success and aims to help others do the same. He emphasises the importance of wisely managing the money generated from a business, suggesting that investing a portion of it can lead to passive income and financial stability. Together, we discuss the concept of financial freedom and how investing can provide a perpetual money machine for individuals. Key Takeaways: Money management is crucial for small businesses, especially in the financial space The importance of diversification and investing in both stocks and real estate Building a portfolio of investments can provide passive income and stabilise a business Focusing on financial freedom rather than solely pursuing financial abundance The mindset of fear and greed plays a significant role in successful investing Starting to invest can be as simple as setting aside a small amount regularly and gradually increasing it over time Understanding personal income comfort level and the revenue needed from the business is essential Considering a self-managed super fund to achieve better returns on investment Prioritising risk management is crucial to avoid losses and maintain consistent returns Letting compounding do the heavy lifting can lead to substantial long-term growth Patience is key in investing, focusing on long-term strategies rather than seeking quick gains All this and more, on this week's episode of THE TOOLSHED. Join the toolshed - thetoolshedpodcast.com Stay tuned next week when I share a new conversation with one of the podcast's returning guests, Richard Armstrong from Procalc! Also, don't forget to subscribe to the show to get that episode as soon as it's released. Until then, stay healthy. Links: thefreedomtrader.com https://www.thefreedomtrader.com/smartinvesting/

Making Your Money Work for You Investing is a powerful tool for achieving long-term financial stability and building wealth. It requires understanding the basics of finance and investing to make informed decisions. It's far from gambling. It's about making smart decisions based on information and careful analysis. Education is key to successful investing, so it's important to be educated before investing and not just go in blindly. Remember that investing is a long-term game requiring patience, discipline, and a calculated approach. In this episode of The ToolShed, I talk about The Freedom Trader Blueprint with Terry Tran, a financial expert who teaches people how to make their money work for them. Terry shares his insights on the psychology of investing and the power of compounding. He emphasizes the importance of protecting your capital and having a solid understanding of what you're investing in. His program can help people take control of their finances and achieve financial freedom. This episode is a must-listen if you want to make your money work for you and build long-term wealth. Key takeaways: The Blueprint program teaches fundamental analysis and maximizes profits Protecting capital and understanding the psychology of investing is crucial to long-term success Investing as a long-term game requires patience, discipline and a calculated approach Have a basket of investments, than put all your eggs in one basket Education on investments to avoid investing blindly and make smart decisions How to analyze and find which investments to make We talk in-depth about the benefits of using a robo-advisor to manage your investments All this and more, on this week's episode of THE TOOLSHED. Join the toolshed - thetoolshedpodcast Stay tuned next week when we talk about avoiding major marketing mistakes feat. Steph Campanella. So, don't forget to subscribe to the show to get that episode as soon it gets released. Until then, stay healthy. Links: The Freedom Trader Blueprint

Learn How to Start Conversations and Support Crews for Mental Health Talking about mental health can be powerful in supporting those who are struggling. By opening up and sharing our experiences or concerns, we create a space for others to do the same. This can help remove the social barriers to accessing mental health support. Simply checking up on someone can make a real difference and help those struggling to feel less alone and more supported. In this episode of the Tool Shed podcast, I go through the challenges of mental health in the building and construction industry with Jason Banks, co-founder of TIACS, a free mental health counselling to tradies, truckies, rural, blue-collar workers and their loved ones right around Australia. With 30 years of Retail Leadership experience with two of Australia's biggest retailers in Coles and Bunnings, Jason has a wealth of knowledge in managing large teams. He understands how important mental health can impact those around us. Key takeaways: Starting conversations about mental health is important Mental health challenges are prevalent in the building industry Good coaching and information cannot be effective if mental health and emotional difficulties are not addressed Being vulnerable creates a space for others to be vulnerable as well Listen for cue signs that someone may be struggling and check in with them regularly TIACS aims to remove physical, social, and financial barriers associated with accessing mental health support Having a support crew in place gives you the option to reach out when you're having a bad day Regular check-ins with those who open up about mental health challenges are essential for continued support All this and more, on this week's episode of THE TOOLSHED. Join the toolshed - thetoolshedpodcast.com Stay tuned for next week when I cover Making Your Money Work For You Without The Risk with Terry Tran. So, don't forget to subscribe to the show to get that episode as soon it gets released. Until then, stay healthy. Links: tiacs.org/ linkedin.com/company/tiacs/about/ facebook.com/thisisaconversationstarter/

As our world continues to change, our commodity and investment markets continue to be impacted by an ongoing series of externalities. To help us understand the current market conditions and to offer direction on navigating a significant recent market correction, I invite our resident investment specialist, Terry Tran, back to the Profitable Farmer Podcast. As always, it is great to connect with Terry and, importantly, understand: what's happening in the equities markets at present; how best to navigate a current market correction; what's driving this, political pressures from major global players; and how to make the most of the opportunities presented. As leaders, business owners, investors and exporters, it is important to take a global perspective and understand the new dynamics at play. From Ukraine & Russia to Taiwan, China & the USA, increasing interest rates, inflation, currency and COVID, as always, Terry, it is so valuable to get your insight across all things impacting the investment market. Importantly, we will be hosting an exclusive 2-hour Investment Webinar with Terry on Wednesday the 24th of August 2022, from 7:30 to 9:30pm. We welcome you to join us as we focus in more detail on how to navigate the current major market correction – click here for more information. Keep winning. Hutch & Team   P.S. Want to learn the 6-step system that the top 5% of farm owners follow to run their business? Join Farm Owners Academy Co-Founder Andrew Roberts and Managing Director Jeremy Hutchings for this one-day, one-off business summit on the 15th of September that you can join online from the comfort of your home! Andrew and Jeremy will share the best strategies they have picked up from three decades of coaching and working with hundreds of farm owners. Learn more or secure your seat: https://www.farmownersacademy.com/business-summit/   When you're ready to take the next step and work with us, here are three things you can do: 1. Subscribe to our ‘Profitable Farmer' podcast This free audio podcast delivers ideas to help you run a great business, leading to more profit, control and freedom – Click here. 2. Join the Farm Owner Academy's closed Facebook group ‘Profitable Farmer' Our new Facebook community is where smart farm owners learn how to get more profit, control and freedom, and you can connect with like-minded farm owners – Click here to join. 3. Work with us privately If you'd like our team to help you scale up your farming business or create a ‘freedom farm' email us at support@farmownersacademy.comand put “Private” in the subject line… tell me a little about your business and what you'd like to improve and I'll send you the information you need to get started!

Terry Tran, share market educator at The Freedom Trader joins fellow financial advisor James Gerrard from FinancialAdvisor.com.au on this week's show. They discuss the impact of rising interest rates for investors, should you be buying growth or value stocks and tips to get more tax free income in retirement See omnystudio.com/listener for privacy information.

Once again, our world has taken a surprising and unprecedented turn - on the back of fires, COVID, floods… and now war.    After a period of economic expansion and optimism, we now find ourselves experiencing a global shift to the market we operate in.    To explain and explore this highly significant shift, I am delighted to welcome back our resident investment specialist Terry Tran, founder of The Freedom Trader.    In this episode, we explore the likely combined impacts of: inflation, interest rates, recent government stimulus, gross indebtedness, corporate earnings activities, and the liquidity cycle.   Importantly, and as Terry does so well, we unpack what this means for you as an investor in the stock market. How to be proactive in reviewing and re-shaping your off-farm investment portfolio, and how to position yourself to take advantage of the very real opportunities that now present.    For those wanting more in-depth insight and training on this topic, as well as strategies for creating real wealth through off-farm investing, we highly recommend registering for Terry's upcoming, FREE & LIVE online wealth creation Masterclass - ‘How to Create Real Wealth Outside Your Farm Safely' being held on Wednesday 23rd March 2022.    Thank you, Terry, once again for your brilliance and your insight.    I trust this discussion is of value to you.    Enjoy!    Jeremy    P.S. For more information about Terry Tran's free online training event, ‘How to Create Real Wealth Outside Your Farm Safely' or to register – click here!

Every six months, I like to check in with Terry Tran, our resident investment specialist and founder of the Freedom Trader, to get his insights into the global marketplace, our local economy and investing in the equity market and off-farm.   In this interview, we explore: the global economy given the ongoing pandemic; the impact that significant government intervention might have; what we might expect in terms of inflation, interest rates and economic recovery; Terry’s investment philosophy; and, his recent client and personal investment results.   We also explore Terry's passion for teaching farming families how to become competent, disciplined and successful investors in an ever-volatile and often unpredictable economic environment.   An essential component of running a successful farming business involves diversifying your asset-base, cashflows and wealth off-farm. Successful intergenerational change and creating meaningful legacies for future generations often depend on this. Terry reminds us why we need to make this a priority to support our farms and families, and why getting started now (or early!) is so important.   We endorse Terry and his Freedom Trader program. We do this because we feel that our values are aligned with Terry and his team, and we like seeing our clients get results! We respect that Terry teaches people to be successful investors in their own right, with first-class mentoring, decision-support and guidance.   Finally, we discuss the Freedom Trader Blueprint version 2.0 - Terry's new program to help people construct growth-oriented, diversified investment portfolios for the long term.   Terry, thank you for your time, your openness and for all you do in support of the growth and advancement of our Farm Owners Academy client community.   To all of you, enjoy, and happy investing! Thank you.   Jeremy     PS:  For more information about Terry and his programs, click here!   PPS: To download an exclusive free giveaway - the Freedom Trader Stock Checklist, click here!   PPPS: Interested in understanding more about Farm Owners Academy? Click here!   PPPPS: Please share this with others in our industry and give us a review on Facebook or Google … and thank you for helping us share stories like these more broadly.

In this podcast, Terry bares all in sharing his journey from humble beginnings that saw his family flee on a boat during the Vietnam war. Coming to Australia with literally nothing but the clothes on his back and growing up with a single Mum from an early age, Terry appreciated how hard it was to survive and work hard for your money. He saw others in the same boat struggling to make ends meet and decided early on he was going to do something different to help change this trend. During a successful corporate career, Terry gained much recognition in the area of trading and investing. Unfortunately, long hours at work led to him to suffer multiple health scares that one day landed him in hospital after a tragic fall. This was the turning point Terry needed to exit the corporate world. He decided to go on his own and put his talent to work to help people manage their money and invest safely. Fast forward to the present and Terry has been blessed by none other than billionaire trading genius Warren Buffet himself and today he operates a successful global company The Freedom Trader (https://www.thefreedomtrader.com/breakfree) where you can find lots of tips, advice, online programs and training for anyone aspiring to create wealth outside of their immediate job or business and secure their future. Be inspired by how one man’s courage journey has helped so many change the course of their lives!

Covid-19 has had a profound effect on so many small business owners, big businesses, and economies across the globe. It has been fascinating to watch the markets over the past 4 months as this pandemic unfolds. In this podcast, I am delighted to welcome back our investment specialist, Terry Tran, founder of Freedom Trader. We discuss what has happened, how it’s impacted the stock market and his prediction for our recovery in the short and long-term. Terry provides us with a valuable insight on what do, where to look and how to make the most of opportunities for value-based investing in and around Australia and the global markets recovery. Terry’s an authority on value-based investing, mentoring hundreds of family businesses across Australia helping them truly diversify their interests and generate wealth off-farm. We hope Terry’s insights in this podcast help you navigate the Covid-19 recovery. If you would like to see for yourself what The Freedom Trader program is all about, Terry is hosting a live training on Tuesday 14th July and it’s completely FREE for our valued podcast listeners! You need to register ASAP (as space is limited) by clicking here:  How to Create REAL Wealth Outside Your Farm SAFELY Enjoy! Regards, Jeremy

Have you geared up for the recession? So many people plan for everything except this. Our guest's market performance remained neutral despite low market performance.  In this episode, I've invited Terry Tran of the freedomtrader.com to show us how we can spot, deal with and learn from previous recessions.  In this episode we discuss:    [02:14] Updates on Terry's life from the finance perspective.  [03:29] Setting yourself up to be ready for a crisis.  [04:42] Lessons to focus on from downturns.  [07:43] Getting yourself ready after a downturn.  [08:48] Knowing when to get back into the market.  [09:30] 5 main key courses of a recession.  [12:34] What people should be doing in the next 2 months.  [14:25] Common mistakes people make during a crisis.  [15:41] Things that have surprised him in the coronavirus situation.  [17:37] The importance of creating wealth outside your business.  [20:06] What surprises him at the moment.  [21:50] Managing your emotional state when managing volatility.  [23:58] Things business and practice owners should be thinking about. 

     Have you geared up for the recession? So many people plan for everything except this. Our guest's market performance remained neutral despite low market performance. In this episode, I've invited Terry Tran of the freedomtrader.com to show us how we can spot, deal with and learn from previous recessions. In this episode we discuss: [02:14] Updates on Terry's ...   Read more... This article is copyright ©  Dr Jesse Green The post 215. Managing Investments Through a Tough Economy appeared first on Dr Jesse Green.

This episode is with Terry Tran. Terry is the founder of freedomtrader.com a site or business that helps entrepreneurs, builders, farmers, and employees working at fortune 500 companies to people or entrepreneurs who have their own businesses making millions of dollars to farmers who are trying to make sure that the next generation has enough cash flow to survive and sustain. You will discover the amazing story of how he was able to go from Vietnam to Australia. Find out investment strategies and make smart decisions when you are trying to invest your money in stocks and bonds. Lastly, learn how to be an effective speaker on live events and webinars. Enjoy! *Get all my best tools, templates, guides HERE*  - (http://www.luisryan.com/book)   * Partner with me here* - (http://dominatewithluis.com/)   *JOIN THE FACEBOOK GROUP!* - (https://www.facebook.com/groups/pdvip) In this episode: Tips and Tricks on conducting a webinar How to grab the attention of your audience and keep them engaged The advantages of doing live webinars Rituals to loosen up before a presentation How to be mentally and physically prepared before you get on stage The importance of focusing on risk management How not to get caught up in the frenzy of cryptocurrency How to eliminate 99% of the rubbish stock The right mindset of an investor Resources/Person Mentioned: Warren Buffet Dale Carnegie Toastmasters (Speaking Course) Connect with Terry: Website - https://www.thefreedomtrader.com/ (https://www.thefreedomtrader.com/) Instagram - https://www.instagram.com/thefreedomtrader/ (https://www.instagram.com/thefreedomtrader/) Facebook - https://www.facebook.com/TheFreedomTrader/ (https://www.facebook.com/TheFreedomTrader/) Connect with Luis: Website - http://www.luisryan.com (http://www.luisryan.com) Instagram - https://www.instagram.com/luisryandiaz/ (https://www.instagram.com/luisryandiaz/?hl=en) Facebook Group - https://www.facebook.com/groups/pdvip (https://www.facebook.com/groups/pdvip) / Facebook - https://www.facebook.com/luisryan4 (https://www.facebook.com/luisryan4) This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Time to diversify...   Creating balance sheet wealth long-term must be our primary focus, even when challenged in the here-and-now. Success in anything starts with KNOWLEDGE. It is with this in mind that I interview Terry Tran, CEO & Founder of The Freedom Trader.   Terry Tran is a good (and perhaps unlikely) friend to Farm Owners Academy and the Profitable Farmer podcast. We recommend his investing program - The Freedom Trader - and know many of our clients continue to get great training and real results from his mentoring and methodology.   In this podcast, Terry shares his story with us, his passion to help people create wealth through direct share investing, his investment philosophy and his view on why farming families make such good investors. We uncover some very real myths about the share market and explore how to create wealth through a strong analysis and risk-aware investment strategy.   I encourage each of you to listen to this and consider, even in times of dry seasons and tight cashflows, whether now is a good time to be learning HOW to strengthen your wealth creation capacity through robust and measured share investing.   If you’d like to see for yourself what Terry’s ‘Freedom Trader’ program is all about, he is hosting a live training on Tuesday 18th February and its completely FREE for all our podcast listeners! You can register by clicking here: How to Create Real Wealth Outside Your Farm SAFELY but do it now as space is limited!   Enjoy! Jeremy Hutchings

Episode 184 of the Savvy Dentist Podcast is a very interesting chat with Terry Tran who runs the Freedom Trader. The Freedom Trader is “ a community for normal, everyday investors who want something more out of their lives.” The company teaches based on his Philosophy of Financial Risk Management. Terry teaches financial freedom to people outside their current job without taking unnecessary risks because we know that creating wealth outside the business can really give you total freedom. In this episode we discuss:    [02:32] Terry tells us about his business and how he found his way into it. [04:00] How his experience shaped and affected him and his family. [06:52] Terry's emotional response to losing $100,000. [08:48] The things that made Terry a really good student. [10:20] Differences between good and mediocre investors. [13:10] The financial weeds we need to be mindful of. [16:24] Steps to mastering fear and greed.  [18:11] Common challenges for business owners creating wealth outside their business. [20:02] Mistakes that people make when creating a 2nd stream of income.  [22:08] Interesting things that have surprised Terry in his own journey. [23:51] How the market changes.  [26:28] Topics to be covered by Terry in the Practice Max event. [27:41] Terry's tip on creating wealth outside the business. [28:55] The power of compounding.

     Episode 184 of the Savvy Dentist Podcast is a very interesting chat with Terry Tran who runs the Freedom Trader. The Freedom Trader is “ a community for normal, everyday investors who want something more out of their lives.” The company teaches based on his Philosophy of Financial Risk Management. Terry teaches financial freedom to people outside their ...   Read more... This article is copyright ©  Dr Jesse Green The post 184. What Farmers Can Teach Dentists About Wealth Creation appeared first on Dr Jesse Green.

In this week’s podcast we interview Terry Tran.  Terry shares with us how investing is just like planting a crop and the power of timing.  There’s some great content in this podcast including:  Why now is amazing timing to pick up some stock opportunities Does Terry believe we are heading for a recession Terry’s thoughts on the value of land and if he would be trying to buy more farm land right now Some insight into how he values a business to invest in and what you need to know to invest.     Take it easy,  Andrew   PS: if you are interested in registering for a free online training coming up with Terry, please click here.    P.P.S Whenever you’re ready…here are 3 ways we can help you grow your farming business: 1. The founders of FOA run a special free online training to show you how to create a profitable business that has the ability to work without you (creating a freedom farm) – Click here to register for the next one.  2. Join the Farm Owner Academy’s closed Facebook group ‘Profitable Farmer’  Our new Facebook community is where smart farm owners learn how to get more profit, control and freedom, and you can connect with like-minded farm owners – click here to join. 3. Subscribe to our ‘Profitable Farmer’ podcast This free audio podcast delivers ideas to help you run a great business – leading to more profit, control and freedom – click here.

You work so hard for your money, it makes sense that you have a process to have that money do a bit of work for you. Trouble is how do you do that & how do you avoid all of the "Get rich quick" schemes that can strip you of you money.

Being an entrepreneurial farmer today can be tough. There seems to be more work and less time to get things done...and you need to devote even more energy into running your business than ever before. And despite all that...most farmers are barely getting by financially. They still worry about: How they’ll make it through the current season Whether they’ll lose the farm that’s been in their family for generations, and If they’ll be able to retire, of they’ll have to keep working until they’re 99 to pay the bills That’s why I want you invite you to a free podcast interview called ‘The three main reasons farmers make world class investors’, where I had an honest chat about money and “getting ahead” with my friend and investment mentor, Terry Tran. (He’s the guy on the right in the photo below.) Terry’s the best guy I know when it comes to money advice. His system is simple but genius: minimise risk to maximise profits. Terry’s all about protecting yourself FIRST, eliminating the normal risks associated with the stock market, so that you’re only choosing from the safest, securest, most “sure thing” stocks. And he makes it all so easy to understand... I don’t know about you, but I can find stock market talk overwhelming. Dividends, position sizing, shorts...all of it makes my head spin. But Terry talks in plain English. He takes the complexities of the stock market and breaks it down so normal people like you and me can actually understand it! In this environment — as crazy and hectic as it can be sometimes — there’s more opportunity than ever for financial freedom. You've just got to know where to look. I know you're gonna love this special podcast because it's jam-packed with ideas, inspiration, and guidance about how you can create real wealth off the farm through investing safely. I already know it’s going to be one of our most popular podcasts (just like his last was)! On the episode, you’ll also hear us talk about Terry’s upcoming FREE LIVE online training exclusive for our farm owners community called ‘How to Create Real Wealth Outside Your Farm Without Taking Silly Risks’. It’s the perfect next step if you want to learn the steps to create a consistent income stream that’s not dependent on the farm. Cheers, Andrew  

"HOW TO CREATE WEALTH OFF YOUR FARM AND GENERATE MONEY WHILST YOU SLEEP”  “Don’t work for money, make it work for you” – Robert Kiyosaki   Transcription:   Andrew: Welcome to this podcast and we have a special guest on here today, Terry Tran. I want to firstly make sure you can hear me okay Terry?   Terry: I can Andrew.   Andrew: Welcome mate. Thank you very much for coming on board the ‘Profitable Farmer Podcast’, sharing your story and educating our farmers about investing and creating freedom and wealth off their farm.  Terry, let's just take a step back. I'd love to share with everyone how you and I met. I was trying to contemplate our first meeting. When was it? I think it was on a webinar that I ran? Would that be a fair assumption?   Terry: The very first time we met probably was on a webinar, because at that time, I know you were teaching people how to run webinars. You are my mentor on how to utilise the webinar platform, and over time I also attended a couple of the business live seminars. This is going back, probably almost…   Andrew: Several years.   Terry: Yes, many years. At least over five, six, seven years ago now. It was actually awesome. You were mentoring me on how to create a profitable business, from the business point of view.   Andrew: Yes, isn't it funny? Because I know you were at one of our events and you spoke about what you do. Something about it Terry, really piqued my interest. I remember many years ago I thought “We've just got to get Terry in front of business owners”. Because as a business we work so hard, right? We work so hard for our money and I think we forget that we need to turn around and get our money working hard for us. I remember Terry, I was teaching you a system on how to run a business and you said, "Look, this is what I do. I just have a system to help people create wealth."   Let's just personally talk a little bit about your background. How did you get into trading shares? Why shares? And obviously, your business ‘Freedom Trader’.   Terry: Sure. My background is I came from corporate years ago. I was doing the 70-80-hour weeks and over time, my health deteriorated. I was with one of the big four banks. I was going up the ranks, promotion after promotion, so that was fine. But 5½ years in, one day going out to lunch, I literally blacked out at the top of a staircase. This is in Sydney. I rolled down two flights of stairs and ended up in the hospital. I realised that doing the 80-hour weeks wasn't sustainable long term. I was working hard for my money, getting my promotions, but I needed something else that could give me the freedom. Because I didn’t have any, I was not really having the family life I wanted. I thought "Okay, let's have a change. Let's see if I can give this a go”.     I was always interested in investing but didn't know where to start, so I attended seminars to learn as much as I could. The first 2 years actually I didn't do well at all. I basically lost quite a fair bit of money, because I attended the wrong seminars, people who were teaching for a living rather than doing for a living. It wasn't until I went out and sought the best fund managers around the country and learnt from them, the Warren Buffets of the world, a lot of the Australian fund managers that do very well and have great track records. Really learning from them and realising the mistakes I made and from there I slowly retrained myself and started again.   Once I became quite successful on my own, I thought, "Okay, why not now help other people by managing their money?". I went out there and I raised capital quite quickly. I was running the fund very similar to Berkshire Hathaway, Warren Buffett's company, where I wanted to be fair, where I don't charge any management fees. I'll just charge based on profits, and I'll be the largest fund holder of the fund as well. Therefore, we have our interests aligned and it just grew from there. Literally, it's been about 15 years now and a good track record.   Then about three years ago, I decided to teach what I do to help people, especially in Australia. I thought people might be interested to learn how to invest safely, just like a fund manager. Where the first and foremost priority is protecting the capital you have, and once you’ve protected it, how do you then grow it?  At all times, you basically minimise the risk to almost zero. Then grow the wealth from that foundation. Too many people come to markets and they lose what they have. I didn't want that to happen.   Andrew: I'm a client of Terry's. He was working as a client of mine and it switched and I'm now learning Terry's Freedom Trader system. It's interesting Terry, because if somebody says you should be buying, for example, Apple, I’d assume "Right, I'm going to have to get a big chunk of money that I've worked hard for and put it into Apple”, It's almost a bit of impatience or risky. I know that’s a component that I've really learnt from working with you, that that's quite risky.   Terry: Yes, it is.   Andrew: Putting too much money into one stock is risky so you've completely changed the rules. You've changed how I go about trading and investing. Not just in shares, you've also opened me up to investing in property as well. Let's just talk a little bit about this Terry. How easy is it for farmers to get really caught up in working hard for their money and not really thinking about "Well you can learn these skills to get your money working for you"?   Terry: Yes, that's correct. I learnt that from the corporate life and now also seeing many businesses, especially hardworking farmers that slave away so many hours a day, at least 10-12 hours a day on their farms. Yes, you are working hard for the money but why not take the profits that you make from the farm, put that to work and allow the cashflow to accumulate and grow a portfolio that will sustain you long term as well?   For me, I actually see investing as very similar to farming, it’s literally like a seed. The job is to find a great seed, plant it and then allow time for it to do its thing, water it, prune out anything that's bad and then allow that plant to slowly grow and then at the end you harvest it. It's all about patience, yes.   Andrew: Yes, it's a great metaphor. I just want to talk about working really hard for your money. Something that was taught to me many years ago is that ‘people who just buy stuff, end up with stuff all’.  It's interesting because a farmer might do well in a year so go and buy a new ute or a nice holiday, for example, which is fine. However, one of the great paradigm shifts that I had many years ago, which you've just amplified since learning from you, is this concept of using your profits to create wealth and then buy your stuff from the returns of that wealth. It's such a powerful thing and that's one component. Building wealth outside the farm.   I know that you've previously worked with farmers and you've got this big mission to help a farmer mitigate risk, correct? Because a farmer is so weather dependent that really if they learn to create money outside of their business, then this is a massive risk mitigation strategy. Can we talk a little bit more about that, aligned with your mission and the importance of creating wealth outside of your business?   Terry: Definitely. Like you said I've got a number of farmers that I teach now. Just from talking to them I realised there are 3 core risk components:   The 1st risk is definitely the weather.  Currently of course, you hear about the drought. Potentially from time to time there's flooding as well. From one year to the next you have no idea what the weather will be. That can wipe out a farmer's financial stability in one go.   The 2nd risk is fluctuating commodity prices. I know a lot of farmers lock in their potential prices for the future in case it drops. This also happens with supply and demand for the crops.   Then the 3rd risk is the big grocery chains squeezing the farmers, especially on the food stuff.   For a farm to carve out a profit with all those three risks, it's actually quite dangerous. Why not mitigate that risk and slowly build up a portfolio on the side? Eventually, that grows to a certain size that the farmer, plus their family is always safe no matter what happens on the farm. That’s now what I see as my mission; I really want to help these hard-working farmers, make sure that they build this portfolio so going forward whatever the weather, whatever the commodity prices, whatever Woolies or Coles throws at them it doesn't matter, that portfolio can now sustain them.  In good times, both do well, great! But in bad times on the farm, this portfolio will always look after them. That's my mission now.   Andrew: It's such a great mission. Just for a moment, I want our listeners to imagine waking up in 10 years, imagine returning more money than what you can return off your farm. What you do, Terry, is help all of us, myself included, substitute our income. Not only that, substitute our income whilst working significantly less because I'm putting my money into companies where everyone else is doing the hard work.  Additionally, I'm putting my money into successful companies and leveraging that. It's just such a brilliant thing you do.   Now, I want to talk about your results. Because you have achieved a return that's been greater than 20% per year on average over the last 15 years. Is that a fair call?   Terry: Yes, correct. We've been doing about 22.5% per year.   Andrew: 22.5% on average. Now, I just want to put this into context a little bit, Terry, you took, I think, $30,000?   Terry: Yes, from $30,000 after about six months, I thought "Okay, this system works now" so I added an extra $20,000 so it ended up being a $50,000 account.   Andrew: Okay. Let's hypothetically say a farmer has $50,000. They might not have that available in cash but they might be able to borrow it as equity against their farm. A lot of farmers actually have what I call 'lazy equity'; they're not using leverage well enough. Let's, for example, take $50,000 and compound that at your average 22.5% return Terry. I think you showed us 15 years later… what was the money in the account?   Terry: That one account ended up being about $1.5million.   Andrew: One and a half million dollars.   Terry: Yes. That was at 22%. We withdrew about half a million to pay taxes and also, obviously living as well. Basically, the seed that I planted 15 years ago slowly and consistently grew and over time we harvested $1.5million.   Andrew: It's extraordinary Terry. That is the power of this compounding effect.   Terry: Correct.   Andrew: Now, I'm probably putting you on the spot here, but I'll test your mathematical brain. The difference between compounding at 10% versus 20%, just approximately, what's that worth in 15 years?   Terry: Massive. For example, a lot of people think if you go for 7% but you actually do 20% or 21% that it's triple the return at the end. But over a long period of 20 years, in actual fact, it's not triple the return, your end result is about 20, just over 20 times the return, so that’s a massive difference.   Say hypothetically, a $50,000 account compounded at that 20% mark, by year 17, that $50,000 is now worth over a million dollars. It's about 1.1 million. It's logarithmic.  Next year, it's no longer $10,000 that you began with per year. It's now $200,000 a year. In actual fact, by the year 17, say you get to a million. All it takes now is three and a half more years from that one million to now double itself to $2million.   It took 17 years to grow to a million dollars from 50 grand but now, only an extra three years to take it to $2million. Another three years to double that again to $4million. This compounding effect is very powerful… That's why Einstein quoted it as the 8th Wonder of the World. Because it just grows logarithmically. Time allows us to grow things. Also, this is why I always say, don't procrastinate and don't wait.  Start, no matter how small, just start and let that seed slowly grow. You'll be surprised at the end result.   Andrew: I'm going to ask the direct question Terry; how do you get 20% returns? If you could offer three lessons from what you've learnt from this share trading. I know that I'm putting you on the spot, but what would be some great tips that you could offer to start getting returns up there?   Terry: The first thing is definitely having a systematic approach. Systematic means that it has to have what they call a positive edge. Every time you put a dollar in, you know systematically what type of average return you'll be able to take out. For example, we've got 10 criteria's and just utilising those 10 fundamental criteria's of being able to methodically select the companies based on the criteria's, you'll literally wipe out 99% of the listed stocks or investments around the planet.   Just imagine, using the 10 criteria's, only 1% actually passed all 10 criteria's, only 1%. Then that makes our job quite easy. There are so many thousands of companies around the world but because only 1% pass, our universe now shrinks to only the best of the best companies that grow year in, year out. The Microsoft's, the Google's, the Facebook's, they get selected and then only invest in those long term. Once you've invested in them, of course, you need time.   I think the second lesson will probably be patience to allow it to do its thing and not rush it.   Then the third lesson would probably be temperament. Being unemotional about it. You're almost robotic where you know when to buy, you know what to buy, take the action, buy it, allow time and when you make a profit, there's no need to be ecstatic about it. When you make a small loss, it's also no need to be depressed about it. The day goes on and you just go about your activities. Go about basically looking after the land on the farm and going about your day, simple as that.   Andrew: Follow the system. We teach this in business. In Farm Owners Academy we call it the 'TOP Producers Program' and when a farmer follows it and doesn't muck with it, then they get the returns and they get the success.   Terry: Correct.   Andrew: What you've done is you've created a system that when implemented and followed, you get high returns.   Terry: Another thing I want to say Andrew, this is why farmers are so good at investing, because they straightaway already have the patience. The farmers know it's a patience game when they plant the crops, and they allow time to do its thing. That's already a great trait, automatically, all farmers have it. Another is the following a system part.    We've got a number of farmers on our program and I look at their results and I'm wondering why is it that the farmers do so well? It's because they follow the system and they've got the patience which a lot of city folks don't.   Andrew: In addition to that, Terry, and this is a generalisation but I would say that farmers are so good at working in isolation. They are so good at being focused, they've got the logical mindset to implement and follow a system: step one, step two step three. I just think with that mindset, they have a much higher chance of succeeding with this.   Terry: I can’t agree more.   Andrew: Yes, it's very cool. You mentioned a couple of stocks before Microsoft, Apple etc.   Terry: Yes.   Andrew: I couldn't help but notice they're US stocks and this has been a big eyeopener for me, Terry. Coming into your program and having no idea how to buy a share on the US stock market. I can’t believe how simple it is to do this. Let's just talk a little bit more about the US stocks versus Australian and why you primarily trade in the US markets?   Terry: I migrated to the US in the stock point of view well over a decade ago. The reason being is if you look around Australia, first of all, we are very tiny in terms of the economy, less than 2% of the global economy. In terms of the actual number of companies, you can easily count on one hand the Australian companies that have been able to operate in Australia well but also go overseas and grow. Most companies that need to grow do need to go global. A lot of our companies like Telstra, ANZ, they've gone overseas, lost a bunch of money, they’ve come back.   There are very few Australian companies that actually make it globally, for example, Cochlear or CSL. Most of them actually fail and come back. The US, however, it just opens you to a massive amount of opportunities with all the global companies. I mean, just think about it. Day to day what services and what products do we use right now that you think is only Australian. There’s not many. Every day we turn on a computer and we do our searches on Google, we use Microsoft or Apple as an operating system. Then you go on to the supermarket and you buy say baby powder or whatever - Johnson & Johnson. These are the global companies that are all listed in America.   That's the main reason as most of the great companies are there. The other reason is in terms of available data. The US market is very transparent. You can easily see all the data that's available for free, whilst in Australia, you actually have to pay for it. It's cheaper just operating in the US markets and even brokerage, for example, is literally a small account, it's a dollar to start buying your shares versus if you were to use some of the major brokers in Australia.  To go overseas it costs you $30 to $70 per trade whereas in the US you can pay $1. You're literally paying a fraction of it.   This is why I don't even care about my brokerage I pay anymore because it’s just a dollar or two versus what I used to pay, in the hundreds and thousands every single year.   Andrew: Yes, it's opened my eyes and the advice you gave me Terry, to "start owning the companies you're consuming”. It blew me away! I think that particular day I was on Google, I was using Facebook with Microsoft open on the side. Thinking also about buying a book off Amazon.   All of a sudden, I'm like "These companies are mega companies compared to what we're doing in Australia”. I wish that we had more ability to grow companies like they can in the States. Of course, I want to be part of these companies and not only that, Terry, they've got cash enabling them to acquire the next big companies. They’ve got big growth plans.   Terry: Yes, correct. Just look at Apple, for example. Apple itself, as it currently stands, has got about $250billion in cash sitting in the bank. With that cash, they could literally come into our country and easily acquire two of our major banks and have spare change. You can imagine the size of their cash position, not including the business itself, which is basically a trillion-dollar company now.   Even from the risk mitigation point of view, with these major companies, you can’t see them really having a major problem.  In other words, going bust, because of their size and their dominance in the industry.  Just from the safety aspect, investing in these global giants is actually safer compared to investing in the smaller Australian companies.   Andrew: Yes. There's one more thing I want to talk about which really annoyed me when I first learned it from you, if I’m being really honest. The reason it annoyed me is I am a bit of a risk-taker; I think all business owners are to some degree. There's a bit of risk in buying a farm or there's a bit of risk starting a company because it could go wrong and you’ve put so much effort into one thing.   When I first started your program, I thought “Right! here I am with some money and I want to put the whole lot into, for example, Apple and Facebook” but you taught me about ‘Position Size’ – investing small percentages, for example, 2-5% of your entire portfolio. You also teach, “follow a company, wait for some negative news to hit and then buy some stock”.  It was really annoying at first but I'm so grateful for it now. Can you talk a little bit more about position size, what that means, and why that's so important in investing?   Terry: ‘Position Size’ is just one of my five risk mitigation strategies; no matter how good or how excited you are about the company, we only invest 1-1.5%. People ask “how can you make money from only putting 1-1.5% of your account into that one stock?”   Andrew: Sorry to interrupt. Just put that into context. If you have $100,000 you'll literally only buy $1,000 worth of shares.  So, you’ll own 90-odd stocks.   Terry: People say "Oh, that means you're going to have potentially a lot of stocks" but that's not true because when you buy the 1% in that stock sometimes you might get lucky and it spikes straight away, you make your money and away we go.   Sometimes it has further drops and this is why we position size; you never know, even great companies still have bad times. If it drops further, we actually want to buy more so we don't mind stocks dropping. It's like going shopping and you see groceries on sale. It's great, things we know we need and we know we want, now it's gone down a little bit more, we’ll buy more of it.   You're slowly building up that portfolio with that one stock. We take multiple positions in that one stock and when we get to about 3-5% we stop on that one and now we’re happy. Then we move on to another company that we want to acquire.   Andrew: You mention selecting position size but also learning to value a company. Let’s just put this into context with farming for a moment. I want you to imagine that you know the value of some land to be $2000/acre. All of a sudden your neighbour rings you to say “We really want to sell. We're desperate. We're going to sell it to you at $1,000/acre”. You see this opportunity and you're like, “Wow, I need to buy this”.  Terry, this is essentially what you do.   You taught me to value a company and then have the patience to wait for the news or media to create a push down on that product/business, that’s when I can say “Hang on this business is valuable. This is a no-brainer. This business is doing very well based on your criteria. This is a top 1% business, it's just undervalued right now”.   That's the game-changer, when you understand that you’re just having patience to buy undervalued companies that have potential big upside.   Terry: Yes. Correct. The example you use is perfect. You know the value of the land is $2,000/acre. If someone offers you it for $3000/acre you wouldn't buy it because now its over-value. Yes, you might have cash in the bank, but why would you even think about buying it? Normally, rationally, we wouldn't, but a lot of people do that in the stock market. They get excited about a company's prospects and they overpay for it. Whereas our job is to wait for that neighbour to finally want to sell the land for $1000 then we go "Okay, if it's worth $2000 and they are selling for a $1000, we'll take it." No different to buying stocks that's listed or a company.   We know what something is worth and then we patiently wait for the value to drop, which it will, it's eventual and when there is some negative news or bad press we know it's only temporary and it's still a great business, that's when we go in and we buy it undervalue. By doing that, not only will you make more money but in actual fact you are taking much less risk.   Andrew: Just to summarise what we've spoken about so far Terry, investing is a risk mitigation strategy. Respect the power of compounding over a 15-20 year period and respect the difference between a 10% return and a 20% return, it's significant. Respect the US market and understand there are big companies over there to invest in. Respect position size. Learn how to value a company and buy it when it's undervalued.   Now, is there one last tip or advice you could share with our farmers, Terry?   Terry: One last tip is definitely starting that investment strategy, no matter how small. The reason being, without starting it you'll always be subject to the risks we spoke about; weather dependent, commodity price dependent, grocery store dependent and we want to get rid of those risks. Therefore, it might take time, but at least start the process, no matter how small because that seed will grow to become the oak tree that one day you are going to relax under.   Andrew: Yes, that's great mate. How can our listeners learn more about Freedom Trader and what you do, Terry?   Terry: Usually, like you Andrew, we hold live online webinars or classes.   Andrew: Yes, come along to our webinar. I'll put the details below this. Is that the best way for people to come and learn more?   Terry: Yes, or they can contact me via email but I think to learn more I’d recommend the webinar because it's 90-minutes of pure gold education.  It literally allows you to put everything we spoke about today into action. That 90-minutes is definitely worth the time.  You can register at www.thefreedomtrader.com/farmwealth and I really look forward to being able to help the farmers on a big level as well.   Andrew: I really appreciate your time today. You're gifted at what you do, you're passionate about what you do. Putting it into context as closing thoughts, Terry is able to get a higher return than the likes of Warren Buffet. I remember when I asked you how, you just said because you're moving such smaller money but you implement what these top people do Terry. You study them. You study more than anyone I know in this space. I feel like I'm sitting next to Warren Buffet.   Terry: Thank you.   Andrew: That's what it feels like for me having access to your teachings. I think what you are doing is amazing and I appreciate your time today. Thank you so much Terry.   Terry: No, thanks Andrew for having me.   Andrew: Thank you, take care.   Terry: You too.

Mike Petrusky looks back on some of the best moments from “The Workplace Innovator Podcast” during the past year and gets excited about plans for the show in 2019. This episode features highlights from 2018 with fun “podcast karaoke” memories and inspirational quotes with Terry Tran, Sara Andersen, Brian Collins, Michelle Boolton, Tona Khau, John Parsons, Katy Redmond, Dusty Duistermars, Adam Stoltz, Kate North, Rex Miller, Porschia Parker, Larry Morgan, Thomas Mitchell, and Kay Sargent. Enjoy and Happy New Year! REGISTER for the Next iOFFICE Webinar - “The Ongoing Journey of Change in the Workplace”: https://www.iofficecorp.com/webinar-the-ongoing-journey Connect with Mike on LinkedIn: https://www.linkedin.com/in/mikepetrusky/ Share your thoughts with Mike via email: podcast@iOFFICECORP.com Learn more about iOFFICE’s workplace experience solutions: https://www.iOFFICECORP.com/  

Terry Tran is Associate Director of Work Environment Integration and Sara Andersen is Director of Real Estate Management at Genentech, a member of the Roche Group, one of the world's leading biotechnology companies. Mike Petrusky recently visited Genentech's corporate campus in South San Francisco to talk about workplace strategy and how Terry and Sara collaborate to create a "cohesive and connected workplace" across the campus and the community. Their unique approach is built around "Neighborhood Work Environments" and is designed with physical, technological and social spaces that enable business units to achieve specific outcomes. Terry and Sara believe that providing flexibility and choice while giving individuals control of their work / life integration are all essential as they seek to impact the employee experience and "liberate the workforce" at Genentech. Mike asks both Terry and Sara about their favorite kinds of music which, of course, leads to another fun episode of "podcast karaoke"! Connect with Terry on LinkedIn: https://www.linkedin.com/in/terryotran/ Connect with Sara on LinkedIn: https://www.linkedin.com/in/sara-andersen-0902b320/ Learn more about Genentech: https://www.gene.com/contact-us/visit-us/s-san-francisco REGISTER for the next “live” iOFFICE Webinar on “The Data-Driven Workplace”: https://www.iofficecorp.com/webinar-data-driven-workplace Follow the “Workplace Innovator” on Spotify: https://open.spotify.com/show/1ZFw7OskRWuErzpeGngJB4?si=vUop9rrMRBe81B5tq6XNPA Connect with Mike on LinkedIn: https://www.linkedin.com/in/mikepetrusky/ Share your thoughts with Mike via email: podcast@iOFFICECORP.com Learn more about iOFFICE’s workplace experience solutions: https://www.iOFFICECORP.com/  

Hear Terry Tran interviewed on what the markets have given him and the way he invests. Plus, listen to Chris Tate on a wrap of the markets and the latest opportunities for you. Chris Tate Market Wrap The US market got stage fright end of last week as the man babies of North Korea and The States threaten each other, while gold is currently slipping. Oil continues to be static as its relevancy as an industrial element is being questioned while the pound has been strong against its counterparties. Hear which opportunities Chris is looking at this week. Terry Tran Part 2 Kayaking with hump back whales. Swimming with manta rays. Shark caging in South Africa. These are some of the things Terry Tran has been able to do because of trading. The share market has given him FREEDOM. After learning from some of the best investors in the world Terry is a leading fund manager. We look at some of the psychological hurdles holding traders’ back and some of Terry’s biggest trading errors – overleverage, letting tax drive his decision making and being in a rush. We also hear what a typical day looks like for Terry, how he invests and his percentage profits. To find out more about Terry go to www.thefreedomtrader.com to download a free 10-step stock checklist. Terry is holding a free live online master class on Wednesday evening 27 September. To book your spot Click Here.        

Hear what Terry Tran learned from Warren and how he sifted through the misleading from the authentic information in part one of our interview with him.   Terry Tran How many traders have had advice first hand from Warren Buffett? Today’s guest on Talking Trading is one of the very few who have. Terry Tran’s family were the original boat people.  They escaped the war in Vietnam and came to Australia in a wooden tug. Terry’s 22 year-old Mum took on a day and a night time job and learnt English in between. Although Terry grew up in the heart of gangland territory in Cabramatta NSW his refugee history made him determined to not to waste his life. He studied hard, earned good grades and worked in banking. But a high-income salary was not enough. He wanted freedom and time. He sort to learn about the financial markets and eventually his hunger led him to authentic teachers and none other than Warren Buffett himself. Hear what Terry learned from Warren; how Terry sifted through the misleading from the authentic information in part one of our interview with him. To find out more about Terry go to www.thefreedomtrader.com to download a free 10-step stock checklist. Terry is holding a free live online master class on Wednesday evening 27 September. To book your spot Click Here.   Mindpower Priority Notification When you invest in yourself your value exponentially increases again and again. Sometimes we have trouble allowing ourselves to invest in ourselves. But when you do you are valuing yourself and your future.   The Mentor Program is the number one trading mentor program in the world. It has been running since 2000 and is a repeat-for-free course. There are free resources for people registered for priority notification. Go to tradinggame.com.au/priority