Book Review: ‘Everyday Millionaires’ by Chris Hogan
https://owlcation.com/humanities/Book-Review-Everyday-Millionaires-by-Chris-Hogan
Many post right here on FR...
Having a million dollars worth of assets is easy, having the actual million dollars in ready cash is a color of a different horse.
A million bucks well invested can generate $40,000 in spendable maney per year.
Do you still feel rich?
‘The Millionaire Next Door’
Along with the usual junk mail was a statement from a utility we hold... Check it out just to be safe...
TWENTY PLUS THOUSAND SHARES!!!!
That is a surprise, they did split long ago, but?
Over a million dollars! The DRIP plan is working well!
Then I noticed it was for my neighbor.
He has been doing very well.
Buy stock and get rich.
The only way I made money. I started in 2009 and tripled the money from $13,000 to $39,000
Then held till 2014 when I bought over the years stocks like Apple, Netflix, Nvidia and now AMD. I have 7 figures in stock value.
Not cashed out yet but still owning the stock so paper rich.
The Feds and state will take 50% at once if I sell all so I will not, just enough to live on plus you can borrow money from the broker if need be and let the stock price go up making you back the borrowed money and the 7% interest they charge.
How I found the stocks was reading what stocks had the best return.
I live on my money I make at my job so I am poor!
If my AMD stock gets to $130 then I retire. I plan on selling some each year and leave the rest making me money (hopefully).
Stocks are going up quite a bit this year. I bet Wall Street knows Trump will win.