What Does it Mean to Be Wealthy?

Question from a Wealth Club member: What does it mean to be wealthy? Answer: Wealth is a quantitative measurement. Traditionally, this term was only used with respect to finance; but thankfully this has changed. You can be financially wealthy but spiritually poor. In my opinion, the two greatest two forms

What is Required to Become Wealthy?

Question from a Wealth Club member: What does it take to be financially wealthy? Answer: Even though many are irritated to hear this, there are actually several paths to wealth - and we do live in abundant world. You can find someone (or several) in nearly every profession that is

Self-Employment and Wealth

Question from a Wealth Club member: Is self employment considered a "good" way to get wealthy? Answer: This is somewhat of a controversial topic. Many people have thought for decades that the surefire path to wealth is through entrepreneurship, however.... The data doesn't necessarily support that. 85% of those self-employed

Time to Financial Freedom

Question from a Wealth Club member: How long does it really take to get to the point where you're financially free? Answer: This may sound convenient and fanciful, but it doesn't make it any less true...to an extent, it can take as much or as little time as you

The Abundance Mentality for the Risk Adverse

Question from a Wealth Club member: How do you develop the "abundance" mentality if you tend to be more risk averse? Answer: The first thing to do is to distinguish abundance from risk; because abundance is there whether you take any risk or not. I think risk aversion has a

Good Wealth Information vs Bad

Question from a Wealth Club member: How do you identify helpful [wealth] information vs. snake oil? Answer: This one is tough, but there's hope! First, trust your intuition. Remember, you don't HAVE to buy whatever it is they're selling; as much as they may try to convince you that you

How to Thrive in Hard Times

Millions are out of work right now. You can see many tenacious people on social media exclaiming how they had to apply for hundreds of jobs and conduct dozens of interviews to get one offer. With all this going on, it's crazy to grasp just how abundant of a world

The Golden Rule of Business

As an Angel Investor, I get to work with a lot of entrepreneurs. It's LOADS of fun. And even though I've personally mentored thousands of entrepreneurs; it never ceases to amaze me how often the pillar of business gets misconstrued. Ironically, there are many entrepreneurs who understand the Golden Rule

What Does it Mean to Be Wealthy?

Question from a Wealth Club member: What does it mean to be wealthy? Answer: Wealth is a quantitative measurement. Traditionally, this term was only used with respect to finance; but thankfully this has changed. You can be financially wealthy but spiritually poor. In my opinion, the two greatest two forms

What is Required to Become Wealthy?

Question from a Wealth Club member: What does it take to be financially wealthy? Answer: Even though many are irritated to hear this, there are actually several paths to wealth - and we do live in abundant world. You can find someone (or several) in nearly every profession that is

A Quick Stock Valuation Analysis

Recently, a Wealth Club member inquired about how to determine whether a stock's valuation is palpable or not. Obviously, there are tons of different ways to look at valuations - and entire books have been written on the topic. But, one common method (and thankfully one that doesn't require 80,

Getting Started with Wealth Late in Life

Question from a Wealth Club member: Is it ever too late to become wealthy? Answer: The short answer to this is...as long as you're still alive and well, then it's NEVER too late to become wealthy. Now, it's important to keep in mind that it doesn't necessarily get easier

Self-Employment and Wealth

Question from a Wealth Club member: Is self employment considered a "good" way to get wealthy? Answer: This is somewhat of a controversial topic. Many people have thought for decades that the surefire path to wealth is through entrepreneurship, however.... The data doesn't necessarily support that. 85% of those self-employed

Finding Higher Returns with Investments

Question from a Wealth Club member: Where do I find opportunities to invest, that offer greater returns than the average 10%? Answer: This is a very good question, and the short answer is "everywhere" 😉 However, many great opportunities are inaccessible to the average person; but that is changing. Here are

Choosing the Right Assets to Invest

Question from a Wealth Club member: What are some assets that are really overlooked? Answer: The problem is not necessarily that people overlook assets, it's that they participate in "slow" assets, or they invest in things they don't understand. You can make astronomically high returns in nearly any and every

When is Enough Wealth, Enough?

Question from a Wealth Club member: How does one decide when they have enough wealth? Answer: The truth is, anyone can make that decision at any point in their life. There are consequences though. My take is we all have a responsibility to be self-sufficient; except of course those with

Wealth and Life Balance

Question from a Wealth Club member: Wealth is not just about money. How much time does one spend on other areas of life to truly become wealthy? Answer: Totally agree. There are many forms of wealth, and interestingly enough, most people don't focus on acquiring ANY kinds of wealth. Instead,
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