Ready to make your dream of becoming rich a reality? Use the following six steps to catapult your wealth to levels you’d never thought possible: 1. Contribute the Maximum to an Employer-Matched Retirement Plan According to the Society for Human Resource Management, the most common 401(k) match plan is currently $1 per $1 on the… Continue reading 6 Simple Ways to Get Rich
Useful Financial Websites TAXES: Internal Revenue Service Government Agencies: Social Security Administration News: The Wall Street Journal New York Times Calculators Smart Bond Investing Accrued Interest Calculator Retirement Calculator College Savings Calculator Loan Calculator Savings Calculator 401(k) and IRA Minimum Required Distribution Calculator Link Disclosure: The information being provided is strictly as a courtesy. When… Continue reading Useful Financial Websites
Death and Taxes, you can’t win….Until now. Well you didn’t think I was going to tell you the secret so easily. Register below and I will send you the last chapter. I promise I will not be trying to sell you anything and I won’t be giving out your name to others Your Name (required)… Continue reading 9 – DEATH and TAXES, you can’t win… Well Maybe…
Certainly one the greatest wealth makers of all time. No one got rich working for someone else. Nothing could be truer, except in Silicon Valley. We will talk about that later. Many people dream about having their small business, some dream of having a large mult-million dollar business. Well they all grow from the same… Continue reading 8 – YOUR OWN BUSINESS – the American Dream
Once again I will tell you something from my million dollar education. The difference in technology between 1980’s and 2000’s are amazing. In the 1980’s when I was submitting an order to a brokerage firm via my computer, it would be combined with other orders and almost manually make it to the floor of the… Continue reading 7 – DAY TRADING – Making thousands with the click of a mouse
If Bonds are the IOU’s or debt then Stocks are the equities, are percentages, shares in larger companies. Let me start by telling you I have lost lots of money in stocks before I figured out why. So I am going to explain my journey in stocks, so be a little patient it will all… Continue reading 6 – STOCKS – You wanna a piece of the pie?
Bonds are the obligations or IOU’s of whoever issues them. The higher the reward means the higher the risks. They all suffer from a risk of sorts; maturity. They supposedly offer a fix return for a period of time, but the best paying bonds are the longest terms. So there is risk going out, and… Continue reading 5 – BONDS – Wanna take some IOU’s
Real Estate is a little harder to explain since most people definitely think it is an investment. But is it? There is value in it, and it is typically safer than stocks and bonds. Let us start by clearing up what real estate is. There are basically two types of investment that most of us… Continue reading 4 – REAL ESTATE – But is it an investment?
THE HIGHER THE RISK – THE HIGHER THE REWARD Ever heard the phrase, “you don’t get anything for free”? Ok, I have this investment it pays 12% a year, every year, it has been around. And it is rated AAA by all the big rating agencies. Or you can make 5% a day on your… Continue reading 3 – THE HIGHER THE RISK – THE HIGHER THE REWARD
When I was a kid, a soda was 10 cents, wages were about .75 cents an hour, a regular new car was about $2000, and a decent house $10,000. Today the same soda is $1, wages about $7.50 an hour, a car about $20,000, and a decent house about $200,000. Has anything changed? Not really,… Continue reading 2 – THE TIME VALUE OF MONEY