After two divorces and a failure in the art gallery business I was broke at age 50 and felt I only had 15 years to plan for retirement.
Continue readingThe wealthy will talk about money: How much they pay staff; how much they paid for the country club membership; what investments they have made; what the rate of return is on various investments; and the deal they got on the car they purchased or the jet they leased.
Continue readingToo many people will be sure to fill their car where the gasoline will be 5 cents cheaper, but spend thousands of dollars too much when buying or leasing their car because they did not shop around for the best deal.
Continue readingDo you love to learn?
If so, you already have one of the traits the leaders of the United States possess.
If you have read anything about me, you know I started over from broke at age 50. And now the net worth of me and my wife puts us in the top 1% of Americans
Continue readingI had a thought many years ago that I wanted to lose weight and that jogging would be a good idea. I set my alarm for 5 AM the next morning and when it rang to wake me, I thought, “It’s cold, it’s dark, I’m tired, I’ll do this on another day.”
Continue readingThe concept of the self made millionaire is a fantasy. People who say they are a self-made millionaire are both deluding themselves, and full of themselves.
Continue readingSeveral years ago my wife and I were searching for an apartment building to purchase. We found one on Loopnet that might be a good deal based on the location and price. We drove out to see it and it was absolutely in a great area, and it had a lot of deferred maintenance.
Continue reading“I know that. I’ve heard that before. I’ve tried that. Or, that’s not new to me.” And just because this is familiar information they have no practice at hearing it like the person with a wealthy mindset.
Continue readingI did not want to hang around jerks, and many years ago I realized that if I wanted to create wealth I needed to hang around people who earned far more than me and who had a net worth far larger than mine. Guess what?
Continue reading