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Automatic Wealth

Automatic Wealth
Author: Michael Masterson
Publisher: John Wiley & Sons
Total Pages: 294
Release: 2011-01-11
Genre: Business & Economics
ISBN: 1118046110

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"I have known Michael for over twenty years. He has one of the smartest business minds I know. When he gives me advice, I pay attention, and you should, too. Automatic Wealth is full of wisdom and insight filtered by a master and brought to you in a well-written and delightful style." -John Mauldin, Editor of the bestselling book, Just One Thing: Twelve of the World's Best Investors Reveal the One Strategy You Can't Overlook "I am not usually a fan of this kind of book. One entitled Automatic Wealth made me suspicious. But I am a fan of Michael Masterson, and when I read the book, I was impressed. Masterson manages to go beyond the theory to tell you exactly how real people make real money in the real world. That, I think, is his genius. He's able to open his own eyes and see for himself what actually works. The result is original, clever, and very helpful to anyone who is serious about building wealth." -Bill Bonner, coauthor of Empire of Debt: The Rise of an Epic Financial Crisis "Michael Masterson has been a great friend of mine for over twenty years. I know for a fact that the strategy he teaches is the exact same strategy he has personally used to amass extraordinary wealth and prosperity for himself. He's reduced a normally daunting process down to six simple and unfailing steps YOU can absolutely use to vastly and rapidly increase your financial situation, often times doubling and redoubling your wealth every few years. This book will become your financial bible." -Jay Abraham, author of Getting Everything You Can Out of All You've Got: 21 Ways You Can Out-Think, Out-Perform, and Out-Earn the Competition "Michael Masterson's book is brilliant and concise, packed with breakthrough insights and unique wealth-building tips. Best of all, it's practical because it combines proven investment and financial planning advice with street-smart business and real estate secrets." -Robert Ringer, author of Action!, Looking Out for #1, and To Be or Not to Be Intimidated?


Automatic Wealth for Grads... and Anyone Else Just Starting Out

Automatic Wealth for Grads... and Anyone Else Just Starting Out
Author: Michael Masterson
Publisher: John Wiley & Sons
Total Pages: 256
Release: 2006-04-20
Genre: Business & Economics
ISBN: 047197305X

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"Michael Masterson has personally helped more people achievefinancial independence than anyone else I know. He has been avaluable mentor in my own life. Michael's credentials go far beyondthe fact that he is an extremely successful businessman. (There arethousands of those.) He has a unique gift for discerning—andexplaining in easily accessible terms—what it really takes tosucceed. Automatic Wealth for Grads will give any young person atremendous headstart for achieving their financial and professionalgoals at a very young age." —Justin Ford, author of Seeds of Wealth: An IncredibleWealth-Building Plan for Your Children and Editor of Main StreetMillionaire "Only time will tell whether you will have the guts and honor tofollow Masterson's masterful plan. Good luck!" —From the foreword by Mark Skousen, Adjunct Professor,Columbia University, 2004-05 and Benjamin Franklin Chair ofManagement, Grantham University Organized around proven wealth-creating principles, thisinvaluable guide reveals powerful techniques and strategies thathave personally worked for Michael Masterson as well as for themany people he's helped become wealthy and successful. Filled with in-depth insights and practical advice, AutomaticWealth for Grads will show you how to: Choose a great career, get your first job, and rise to the topof your field Continuously increase your income on a fast-track basis, andget the biggest raises of your life Profit from the real estate market—even in today'suncertain market Start or gain equity in a business that will provide anautomatic future income stream Invest in the stock market, save money on taxes, make purchasesthat appreciate, reduce your credit costs, and achieve financialindependence while you are still young enough to enjoy yourmoney


Summary: Automatic Wealth for Grads

Summary: Automatic Wealth for Grads
Author: BusinessNews Publishing,
Publisher: Primento
Total Pages: 28
Release: 2013-02-15
Genre: Business & Economics
ISBN: 2806224969

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The must-read summary of Michael Masterson's book "Automatic Wealth for Grads... and Anyone Else Just Starting Out". This complete summary of the ideas from Michael Masterson's book "Automatic Wealth for Grads" shows that after finishing university, most students dream of becoming financially independent by finding a good job. Masterson, a highly published author and well-seasoned business entrepreneur, has a substantially more ambitious vision of financial independence than most students even aspire to. He believes that people should earn ten times what they need to live on each year, in order to live off interest generated by investments. After much experience in the matter, Masterson has proposed a fail-safe principle – you should commit to saving 15% of everything you earn and spread it across five important areas which will increase your wealth. This succinct summary includes key quotes from Masterson’s book, including one where he defends his focus on 'becoming rich’. He says that it is not the be all and end all of life, but it certainly makes life more enjoyable and can be achieved more easily than you think once you set the wheels in motion. It is simply about learning how to save and invest the right proportion of your income to see long-term rewards! This is a really helpful and practical read for college students or recent graduates. Added-value of this summary: • Save time • Understand the key concepts • Increase your business knowledge To learn more, read "Automatic Wealth for Grads" and start saving and investing for your future.


Digital Wealth

Digital Wealth
Author: Simon Moore
Publisher: John Wiley & Sons
Total Pages: 186
Release: 2015-12-01
Genre: Business & Economics
ISBN: 1119118476

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Leverage algorithms to take your investment approach to the next level Digital Wealth: An Automatic Way to Invest Successfully reveals core investment strategies that you can leverage to build long-term wealth. More than a simple review of traditional investment strategies, this innovative text proffers digital investment techniques that are driven not by people but by algorithms. Supported by asset allocation research, the secrets shared in this forward-thinking book have underpinned cutting-edge investment firms as they integrate algorithm-based strategies. In addition to presenting key concepts, this groundbreaking resource explains how these concepts can give you an edge over the professionals on Wall Street through details regarding achieving financial security and meeting financial goals rooted in a firm foundation in behavioral finance, portfolio tilts, and modern portfolio theory. Investment strategies have evolved from one generation to the next, and the ability to leverage new digital tools calls for another overhaul of traditional investment concepts. Investment techniques implemented by algorithm rather than by human monitoring can, in some cases, prove more successful. The key to a balanced portfolio is understanding what these algorithm-based strategies are, and how to best use them. Explore insights from multiple Nobel Prize winning academics that can give your investment strategy an edge Consider how technology can open up powerful techniques to mainstream investors, including tax-loss harvesting and automated rebalancing Discuss how cost minimization and a strategic tax approach can boost your portfolio's compound growth Identify strategies that support the long-term growth of your wealth Digital Wealth: An Automatic Way to Invest Successfully is an essential text for sophisticated individual investors and investment consultants alike who want to explore how digital tools can bolster financial success.


The Automatic Millionaire, Expanded and Updated

The Automatic Millionaire, Expanded and Updated
Author: David Bach
Publisher: Crown Currency
Total Pages: 231
Release: 2016-12-27
Genre: Business & Economics
ISBN: 0451499093

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#1 NEW YORK TIMES, WALL STREET JOURNAL, USA TODAY, AND BUSINESSWEEK BESTSELLER—OVER 1.5 MILLION COPIES SOLD! David Bach’s no-budget, no-discipline, no-nonsense system to help you finish rich automatically, now expanded and updated Do you want to live rich and retire richer? Rich enough to do what you want when you want to do it? Rich enough to stop worrying about money? Rich enough to make a difference and help others? With The Automatic Millionaire, David Bach presents an easy, realistic system, based on timeless principles, with everything you need to know so you can put the secret to becoming an Automatic Millionaire in place from the comfort of your own home. All you have to do is follow his one-step program to financial security—the rest is automatic! This edition includes updated information on taxes, investments, technologies, and apps to automate your financial life as well as Bach’s latest systems for making the entire process even easier.


The Automatic Millionaire

The Automatic Millionaire
Author: David Bach
Publisher: Penguin UK
Total Pages: 111
Release: 2005-04-28
Genre: Business & Economics
ISBN: 0141926295

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Making your money work for you ... automatically In The Automatic Millionaire David Bach unlocks the secret to getting rich. Cutting through the jargon, it's full of common-sense advice and practical strategies to help you take control of your finances. The step-by-step guide and no-budget, no-discipline, no-nonsense system makes reaching financial security amazingly simple and easy, no matter what your income. You can get rid of the debt that's holding you down. You can get on top of your day-to-day expenses. You can create a safety net that will protect you from life's unknowns. You can have the money to get the things you want. You can build a seven-figure nest egg that will keep you secure and comfortable for the rest of your life. This book has the power to secure your financial future and change your life. All you have to do is follow the one-step programme - the rest is automatic!


AUTOMATIC WEALTH

AUTOMATIC WEALTH
Author: 마이클매스터슨
Publisher:
Total Pages: 472
Release: 2005-07-05
Genre:
ISBN: 9788990795137

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The Automatic Millionaire: Canadian Edition

The Automatic Millionaire: Canadian Edition
Author: David Bach
Publisher: Doubleday Canada
Total Pages: 258
Release: 2009-05-29
Genre: Business & Economics
ISBN: 030737209X

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Internationally bestselling financial advisor David Bach’s Automatic Millionaire promotes a revolutionary system for making even the most undisciplined money managers rich. The Automatic Millionaire shows readers how to change their financial practices and even their lives, the simple and automatic way. The book begins with a powerful story about an average Canadian couple — he’s a low-level manager, she’s a beautician — whose joint income never exceeds $55,000 a year, yet who somehow manage to own two homes debt-free, put two kids through college, and retire at fifty-five with more than $1 million in savings. The incredible message Bach delivers is that the key to getting rich is “automating” the way to wealth by “paying yourself first,” using automatic funded retirement accounts and money market accounts to secure the future and pay for the present. A concise guide that’s a fixture on bestseller lists, The Automatic Millionaire introduces readers to a system that is powerful and simple — an automatically effective, life-changing system that delivers. Do it once, the rest is automatic.


Best Robo-Advisor

Best Robo-Advisor
Author: Dan Keppel MBA
Publisher: Createspace Independent Publishing Platform
Total Pages: 66
Release: 2016-08-18
Genre:
ISBN: 9781537111957

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Use the Best to reach your goals Ultimate Automatic Wealth Management Fidelity found that their client accounts that were most successful were those put on automatic-left alone-forgotten. "The stock market is a device for transferring money from the impatient to the patient." Warren Buffett Buffett claims that his holding period is forever. He advocates compounding (allow earnings on earnings to grow exponentially): "My wealth has come from a combination of living in America, some lucky genes, and compound interest." Robo-advisors work because money does NOT trade, rebalance, market time, buy high-sell low or sector rotate. It compounds. Yes, it is counter intuitive and it violates every 'rule' of Wall Street. Leaving your money alone to grow by compounding the earnings is easy - but HARD. Human beings do not control their emotions -- fear and greed win out every time. In fact, the average investor earns only 3.79% annually (vs market returns of 11.06%) according to DALBAR's QAIB for 10, 20, 30 years. Ultimate Automatic Wealth Management