There is only one reason to invest money: So you can someday spend it. If you don’t want to have to work anymore, or at least not to depend on a paycheck, you have several options. The first is to generate dividends by investing in stocks or private businesses such as a local bar held … Read more
As many people have observed, “Success leaves clues.” If you want to achieve extraordinary success in the coming year, study the experts, do what they do, and modify their techniques to suit your particular situation. It’s easy! Well, maybe not easy, but there are basic fundamentals. In the belief that we all need to be … Read more
Your autopilot mode can make you wealthy or poor. Intelligence, talent and charm are great, but more often than not these aren’t what separate the wealthiest among us from the poorest. Instead, the differences are in our daily habits. Do you realize that these subconscious, second-nature activities make up 40 percent of our waking hours? … Read more
Nine Truths That Can Set You on the Path to Financial Freedom. #1: Change the Way You Think About Money The general population has a love / hate relationship with wealth. They resent those who have it, but spend their entire lives attempting to get it for themselves. The reason a vast majority of people … Read more
Many people hope to get rich. (Not that there’s anything wrong with that.) And while inflation may have changed the standard, for many becoming a millionaire is still a common goal. That goal is clear… but the path to that kind of wealth is often anything but. Then again, maybe it is. The following is a … Read more
Why do the rich keep getting richer? Most of the time, it’s not because of luck. It’s not because of the family they were born into. It’s not because they won the lottery. Wealthy people simply do things differently. It may not seem fair, but the fact is the “income gap” is increasing and most financial experts … Read more
First, understand that you no longer want to be just a millionaire. You want to become a multimillionaire. While you may think a million dollars will give you financial security, it will not. Given the volatility in economies, governments and financial markets around the world, it’s no longer safe to assume a million dollars will … Read more
As a financial advisor, I have spent many years helping other people overcome financial stumbling blocks so they can become rich. Ironically, the one person I have had the most trouble helping is myself. Being “rich” can mean different things to different people, but I believe it means having the financial freedom to achieve your goals and … Read more
As a financial adviser, I have occasionally found myself feeling envious of certain clients. Not because of their wealth — but because they were disciplined and determined enough to do all the right things that enabled them to accumulate their wealth and, in many cases, retire early. Despite my expertise, I, like a lot of … Read more
There’s no straightforward way to guarantee yourself a rich future, but these 7 strategies can help you do it while you’re still young. We all wish we could be wealthy. For most of us, it’s a far-off dream that someday, eventually, we might be able to turn ourselves into self-made millionaires. But the truth is, building … Read more