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...]
Three Top Resume Tips
Several months ago, a friend recommended I give reddit a try. He said there was lots going on at the site and I would enjoy it. "Enjoy" was not the first word I thought of when he mentioned it. I think I was more in the "fear" camp initially. But I eventually overcame my concerns, joined reddit, and spent a couple months trying to get into the flow of how things worked … [Read more...]
Millionaire Interview 156
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...]
Rich Dad Poor Dad Book Review
I can't remember when I first read Rich Dad Poor Dad but I do remember thinking two things about it... First was, "this has some 'interesting' concepts in it." Second was, "I think this is over my head." Then, through the years, I forgot about the book and never went back to it, as I have with so many others. I considered a re-read a few times, but there was so much … [Read more...]
How to Handle Friends and Family Asking for Money
Twenty years ago or so (probably a bit more) at the dawn of email usage, I received a note from an old friend. He was one of my best friends in high school. We hung out often, shared a locker for three years, and even went on double dates with our girlfriends. We had lost touch through the years though. I went off to college, then graduate school, then off to the work … [Read more...]
Five Times My Career Went Sideways and What I Learned from It
I worked for 28 years before I retired. During that time I was quite successful. I became a VP just after I turned 30. I won numerous company and national awards. I delivered great business results and thus my career advanced quickly. This allowed me to grow my income by over 8% annually. Eventually I became the president of a $100 million company with 800 … [Read more...]
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