The Fastest Way To Become A Millionaire

  In "The One Minute Millionaire," the authors tell us that you can get your first million faster (and surer) by following this simple three-step approach: Step 1. Create a "millionaire mindset," they say, by developing self-confidence and allowing your burning...

The Social Security Fiasco

In the middle of January, the General Accounting Office (the auditing arm of the U.S. government) said that by 2017 Social Security will start running annual deficits. This is no surprise to ETR readers. I warned you two years ago, and last year too, that the supposed...

The Benefits of Being Global

The U.S. is, without a doubt, the easiest place in the world to live. You can buy a new, oversized hot-water heater on New Year's Day from Sears (I did this for an apartment building I owned in Chicago years ago), you can have a pizza delivered to your house at 1 a.m....

What to Expect from Stocks and Bonds

My friend and colleague Steve Sjuggerud recently studied 100 years of investing returns for 16 countries and found that stocks yielded an annualized gain of 9.2% a year in U.S. dollars, including dividends. U.S. stocks did a little better, returning 10.1% a year....

How To Keep Your Personal Information Private

You get privacy notices in the mail -- tucked away inside statements from your bank, credit union, insurance company, stockbroker, mortgage lender, etc. -- but chances are you don't pay any attention to them. Well, you should. These institutions have a lot of...

An Easy Way to Make Your Child Very Wealthy

"With money in your pocket, you are wise and you are handsome and you sing well too." - Yiddish proverb Let's say my friends could afford to put $20,000 into such a fund. And let's further assume that the fund provided a net return of 8% -- which is lower than the...

The Golden Rule: Make Sure You Get Paid

Stocks have returned only 5.1% a year since 1900. Don't believe me? Here are the numbers: The Dow started the last century at 48.4. As I write this, it's at 8,322. Run the numbers over that 102.8-year period, using compound interest, and you'll find that the Dow only...

Shares
Share This