Sharing Ideas
Who are the Wealth Creators?
“Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.” Winston Churchill. Just who are these people who create wealth? What do they look like? Are they special creatures? With […]
Does the Government Create Wealth?
Is the government in the wealth creation business? If so, how? And, if not, does the government have a role in wealth creation? If so, what is it? I’d like to explore possible answers to these questions. Are they going to be the right answers? Not sure. But, that’s ok, I believe it’s good to […]
Casino and Mutual Funds: Guaranteed Money Makers.
It’s true. There’s guaranteed money – lots of it – to be made at the casino and in mutual funds (share funds). There’s only one problem. Most people don’t know how to do it. I’m one of them. But, the riches are plentiful and overflowing. No shortage of money. No shortage of cashflow. You see, […]
How many Properties do You Need?
Are you thinking something like … “How many properties do you need to do what?” Good question. Well, let’s say you want to achieve financial independence. Let’s go with that premise. So, let’s rephrase the question, “How many properties do you need to achieve financial independence?” Now we’re getting somewhere! Now you have to determine […]
Why did you buy vacant land in Florida?
During our September 2010 visit to Florida, we bought two blocks of vacant land. And, the question you may ask – and I ask myself – is “Why?” Good question. I certainly wouldn’t recommend doing it. It goes against one of my rules of investment; don’t buy an asset that doesn’t throw off income. So, […]