At what age do you think a child’s trajectory of future achievements (or lack of) is defined? Some people think that it is at age 4. It must be since some of them spend considerable dollars having their 4 year-olds “prepared” for acing “the new gifted and talented test.” If the child scores big he will qualify […]
At What Age? Gifted, Talented or Just Well Prepped Read More »
We just spent 5 days chilling out on a Florida barrier island on the Gulf coast. It was our first visit to St. George Island . After 2 days there it became evident to me that this laid back environment is well suited for the millionaire next door types I have known. It is quiet, reasonable [$8.50/dozen Apalachicola oysters] and
An Isle for The Millionaire Next Door! Read More »
My wife (public school teacher) and I (pastor) have become millionaires (yes, without even figuring equity in our home) in our mid-late 40s while being salaried workers and with her taking nine years off from teaching/salary to stay at home with kids. We’ve had no inheritance or windfall. Moreover, we have consistently given about 20%
Pastor and His Wife, A Teacher, on Building Character and Wealth Read More »
Toyota did very well on my acid test, i.e. the home cooking index. I learned about the acid test from millionaires whom I interviewed. Before buying my first Toyota 17 years ago, I did a lot of research. Plus I drove through the employee parking lots of several Toyota dealerships. I found that nearly all the
Car Buying from The Millionaire Next Door Read More »
This respondent edited the printed screener, wrote outside the boxes: “I don’t own a Ferrari, I own three! . . . Rolex? I have three plus . . .Breitling, Cartier, Movado, Omega, Tag Heuer . . . (wine collection) 2,000 bottles.” Mr. Multiplinski, aka Mr. M, was first profiled in Stop Acting Rich. But it is
Tax Cheats in Super Cars? Read More »
Wall Street recently lost one of its greatest investment gurus, Dr. Martin Zweig. His obituaries were published prominently in both The Wall Street Journal and The New York Times. His accomplishments were many. On the Friday before the Monday stock market crash of 1987 he predicted “crash” on TV’s Wall Street Week program. Also The Zweig
Part-time Hobby, Full-time Wealth Read More »
The subtitle of No Easy Day by Mark Owen [pseudonym] is very revealing, “the firsthand account of the mission that killed Osama bin Laden.” I rate this book 5 out of 5 stars! The very best autobiographies consistently give the reader the impression that he/she is there throughout the subject’s life. While reading this book,
5 Stars-NO EASY DAY: THE AUTOBIOGRAPHY OF A NAVY SEAL Read More »
In a previous blog, I mentioned “that Mayor Michael Bloomberg of NYC, a billionaire, has ‘been wearing the same shoes of 10 years . . . . owns only two pairs of work shoes . . . has them resoled.’” I also mentioned that according to the data in The Millionaire Mind of “the top
Donor of $1 Billion Wears Resoled Shoes! Read More »
In his acknowledgements, James D. Hornfischer, author of the excellent, New York Times’ best selling book, Neptune’s Inferno, wrote: . . . three years of research and two of writing . . . . Imagine spending five years of your life producing one book! Even if you worked only 20 hours per week for, say,
Not Talented? Not Gifted? So Represent Those Who Are Read More »
A recent news headline read: “Senate even losing money on haircuts; Critics say $400K deficit for hair salon symbolic as Congress seeks military, domestic program cuts.” Yes, even in these times when families are struggling financially, our government in Washington is providing subsidized haircuts for members of the U.S. Senate. Last year the Senate Hair
Barbershops, 91% Profitable but Not the U.S. Senate’s Read More »