For 13 years I had the privilege of having Dr. David Schwartz as a colleague and mentor. He was the author of the perennial best-seller, The Magic of Thinking Big. I suggest that you read it, reread it and take notes! Then list the major objectives that you have in life. For many people who […]
Resolve to Think Big in 2013 and Beyond Read More »
Before you head out on a weekend of holiday shopping, we’d like to share some gift ideas that we recently shared with our AMI Research Panel. – Forget the latest gadget and give workout clothes! – Instead of spending big bucks on a new smart phone or tablet, get your loved one some new workout
The Millionaire Next Door’s Gift Ideas Read More »
The holiday shopping frenzy begins this week! Therefore I thought it might be a good time to run a blog from last year entitled Black Friday Blues. The theme of the blog is that in most cases the retail prices on popular consumer products are not at their lowest the Friday following Thanksgiving. Certainly there are some
Bologna on Black Friday! Read More »
Help! Did I hear this correctly? I understand that last Friday portions of a recorded campaign speech were broadcast on the radio. Did Vice President Joe Biden really tell an audience that the Republican platform included a $500T tax break for the wealthy? The entire personal wealth combined for all households in America is only
$500 Trillion Tax Break for the Rich? Say It Ain’t So, Joe Read More »
It seems that it is open season on teachers. People are questioning their integrity as well as their competency in light of recent achievement test results. The large majority of teachers have high integrity and work hard to enhance the education of their students. It is too easy to put the major blame for the
Throwing Teachers Under the Bus Read More »
Ron is a member of the Balance Sheet Affluent club. He recently asked: “Is it a good time now to buy a home. . . a foreclosure?” Memo to Ron: I guess it all depends on how you define a “good time.” Some millionaires whom I have interviewed constantly have their eyes open for opportunities in the residential housing market.
Bargain Shopping for a Home Read More »
You may have read the news reports about the convoy of up to 30 high performance sports cars that was recently escorted down the Garden State Parkway (NJ) to Atlantic City by two NJ State Troopers. According to the reports, the cars were traveling in excess of 100 mph! Makes of these cars included Porsche, Lamborghini,
Drivers of High Performance Sports Cars: Enthusiasts or Show Offs? Read More »
State death taxes are economically self defeating because tax return data confirm that the wealthy in America often arrange to die tax free in states like Florida and Texas. So says an editorial in The Wall Street Journal. The editorial cites the research on this topic conducted by economist Arthur Laffer. Much of the discussion
Millionaires: Florida Beats New York Read More »
Hats off to Bubba Watson, winner of the 2012 Master’s on Sunday. He is also an alumnus of The University of Georgia and was a member of the UGA golf team. Just after he sank the final putt to win, my thoughts went beyond the excitement and pride for the Bulldog nation. Of course I have a bias
The Master’s Champion Next Door! Read More »
This case study may brighten your day. Sara Blakely is the youngest selfmade woman to join this year’s billionaire’s club-turning $5,000 in savings into a new retail category: shapewear, according to Forbes, March 26, 2012. Ms. Blakely once had her heart set on going to law school, but according to the Forbes article, she performed poorly on
Report Card: Low LSAT, High Net Worth $1B+ Read More »