Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]
Archives for November 2019
Millionaire Interview 159
The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past five years or so, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then and will continue to do so, mostly in the slower times when many readers are on vacation or busy with … [Read more...]
Millionaire Interview 158
The following is a millionaire interview I first published on a previous site. I have several of these interviews, conducted over the past five years or so, that I now want to place on ESI Money (so they are all in one place). I’ve been posting them every now and then and will continue to do so, mostly in the slower times when many readers are on vacation or busy with … [Read more...]
Rich Dad’s Ten Steps to Getting Started on the Path to Wealth
When I reviewed the book Rich Dad Poor Dad, I noted that the author, Robert Kiyosaki, listed "10 tips for getting started." I didn't cover the 10 steps in that review since it was too long the way it was, but today I'm going back to the book, sharing the 10 steps, and giving my thoughts on them. BTW, the 10 tips are designed to get anyone started on the path to acquiring … [Read more...]
The Case for Giving on the Road to Financial Independence
In September 2018 I sat in the audience of FinCon, the financial media conference, and watched an interview with Pete from Mr. Money Moustache. He's a very interesting character, quite down-to-earth and prone to saying things so full of common sense that you have to laugh because no one has said them before. Towards the end the audience was invited to approach a … [Read more...]
Why the Rich are Getting Richer
Shortly after I wrote How the Rich Get Richer I started reading Why the Rich Are Getting Richer by Robert Kiyosaki, author of Rich Dad Poor Dad. The author says the following about both books: If Rich Dad Poor Dad was elementary school, this book (Why the Rich Are Getting Richer) is graduate school. That sounded good to me. I'm always up for a higher-level money … [Read more...]
Great Holiday Gifts, 2019 Edition
For the past two years I've posted holiday gift ideas and the response has been very positive. It seems we all have those hard-to-buy-for people and a few extra suggestions are always welcome. So I once again went into my Amazon order history and picked out some ideas based on what I liked (based on orders the past year). I also threw in some oldies but goodies that I … [Read more...]
Millionaire Interview 157
Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]
The Pros, Cons, and Alternatives of a 1031 Exchange
I have been considering various options for my real estate investments. My preference would be to buy more rental units, but both markets I'd consider (where my current places are in Grand Rapids, Michigan or my current city of Colorado Springs) are waaaaaaay over-priced IMO. And I'm more of a value buyer when it comes to real estate. I could just call it quits and sell … [Read more...]
The Money People in My Life that I’m Thankful For
In September I was invited to an early screening of A Beautiful Day in the Neighborhood. Back in the day when I was still working, I actually had some influence. So I was often invited to early screenings of movies and received books and music in advance of release as well. This was so I could help spread the word about the product and help it launch successfully. I'm … [Read more...]
