The book the Automatic Millionaire is an excellent read that I recommend to people all the time. It isn’t a get-rich-quick scheme (which I assumed when I first saw the title). Instead it focuses on doing smart things – and doing them automatically. One of the specific important points is to automate your investing. This is […]
3 Questions to Ask Your Investment Advisor Immediately
Investment advisors are licensed people who can provide very specific recommendations on how you should invest. I don’t just mean “buy and hold” or “dollar cost average” or similar – I mean they can (and do) provide very specific direction and recommend individual stocks, bonds, funds, diversification models, and everything else related to investing. They […]
Slow and Steady Got Me to $500k
I had a recent discussion with a young man (20-something), who is currently making about $50k per year, on how he didn’t feel like he would ever be able to save up decent money toward retirement. I pointed out a couple of quick items for him but he wasn’t a client so we didn’t sit down […]
11 Online Careers That Can Be Started With Very Little Money
MSN recently published an article titled 10 online careers you can start with basically no money. It’s one of those annoying “paged” articles where they drip a small amount of information and make you click Next over and over to get through the post. Those make me crazy and I rarely share the information just […]
6 Important Lessons For Starting a Business You Need To Know
As mentioned in How We Made Our Second Million, I started a business in my 20s. Starting a business is one of the top ways of building wealth in America. And the great thing is that just about anyone can do it! Many people say that they’ve thought about starting their own business but haven’t […]