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 “wealthy”. Not long ago I […]
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 80,000 words to explain), is the […]
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 the older you get, because you […]
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 make less than $100k /year. […]
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 some examples: Most day traders […]