by Jay Beattey | May 31, 2013 | Articles, Personal Finance, Retirement, Wealth Building
It sounds like a silly question – but the shocking truth is that hundreds of thousands of people will do just that over their lifetime. Could you be among them? Consider this – an investor who saves just $1,000/month from age 25 to 70 – stops – then draws...
by Jay Beattey | May 28, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Our last blog talked about the three failure traps. We crossed two of them off the list – leaving us with just failure trap number two to figure out – how to avoid putting our money into things that can – and often do – lose value.
Avoiding Failure Trap No. 2 is so critical, my number one rule of wealth-building is First, Lose No Money.
by Jay Beattey | May 24, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
The Federal Government has weighed in on the debate over investing fees and commission related to tax qualified plans like IRAs, 401ks, Keoghs, SEPs and others. In 2012, new disclosure rules were designed so you can see just how much you pay to use these plans. But...
by Jay Beattey | Apr 29, 2013 | Articles, Personal Finance, Wall Street, Wealth Building
Watching a hot air balloon fill and take off is a breath-taking experience. It’s not until you’re up close, that you realize just how big those things really are.
Before liftoff, you’ll notice sandbags hanging from the sides. Those keep the balloon grounded – and unless they’re cut loose – the balloon will not ascend.
by Jay Beattey | Apr 22, 2013 | Articles, Personal Finance, Wall Street, Wealth Building
Why would I title a blog about building wealth, “how to fail?” Because part of a viable success strategy means figuring out how we could screw it up – and eliminating failure as a possible outcome. While it may seem there are endless ways to fail, the good news is...
by Jay Beattey | Apr 2, 2013 | Articles, Personal Finance, Wealth Building
Who doesn’t? Everybody dreams of fine things and a comfortable retirement. It just takes money. But building wealth today – and far into the foreseeable future, will require a different skill set, and different strategies than those that served our parents over the...
