Download Automatic Wealth: The Six Steps to Financial Independence by Michael Masterson PDF

By Michael Masterson

ISBN-10: 047171027X

ISBN-13: 9780471710271

Masterson, a self-made millionaire, attracts upon his personal studies and that of specialists in particular fields (retirement, making an investment, actual property) to supply an entire software on attaining monetary independence. equipped round 5 key rules, the writer exhibits readers the best way to raise their source of revenue and proceed to avoid wasting for the longer term; the right way to dwell extra conveniently; how you can achieve fairness in a company that might supply an source of revenue move for the long run; how you can purchase actual property and the way to speculate the remainder of your funds. The booklet will supply particular steps together with the right way to boost wealth-building conduct, locate the suitable company to take a position in and the way to advance a 3 to 15 12 months plan to arrive millionaire prestige.

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Sample text

For the moment, however, think about this. There is an old axiom in the success business that says that the secret to a good life is coming up with the right answers to the following three questions: 1. What do you want to do? 2. Where do you want to do it? 3. Whom do you want to do it with? So ask yourself these questions about your retirement: 1. What work would I really enjoy doing for the rest of my life? 2. Where is my ideal retirement paradise? How can I live there and do what I want to do, too?

The New York woman sold her insurance company and thought she had it made. According to a Time magazine cover story, she had $1 million in the stock market and was looking forward to a retirement of golf, travel, and good times. Then the stock market crashed. And now, at 65, she has only $600,000 in her retirement account. And instead of playing golf and traveling, she’s still at the office earning her living. And she’s one of the lucky ones. Another woman that I read about had to be put on medication for severe depression because a year after being downsized from her job, she learned her nest egg had plummeted from $1 million to $250,000.

You’ve made a commitment to “rise early and catch the golden worm” each morning. Good so far.

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