by Jay Beattey | Jan 28, 2014 | Articles, Personal Finance, Retirement, Wealth Building
How valuable is each dollar you receive? It depends how you receive that dollar. A dollar that is “gifted” to us is more valuable than a dollar of wages paid to us. Why? Because a dollar in wage must be taxed first, leaving us with less than a dollar. There’s a...
by admin | Jan 24, 2014 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
No More Wall Street Live is an ongoing series of Live web events hosted and conducted by Jay Beattey. Based on his best-selling book Rigged, Unlearning Mainstream Financial Propaganda and Building Your Personal Fortune, Jay will walk you through the wealth-building...
by Jay Beattey | Jan 14, 2014 | Articles, Personal Finance, Retirement, Wealth Building
I have to admit – the allure of tax-qualified plans like 401ks, IRAs, SEPs, 403bs, Keoghs, and others – is compelling. · There’s the ability to contribute pre-tax dollars · There’s the tax-deferred buildup · And some such plans...
by Jay Beattey | Dec 27, 2013 | Articles, Wealth Building
Einstein was a pretty smart guy. And while Einstein didn’t invent the “Rule of 72” (it was first advanced by Luca Pacioli in 1494), he is credited with declaring it the “ninth wonder of the world.” What is the Rule of 72 – and why is it so important? The rule...
by Jay Beattey | Dec 12, 2013 | Articles, Personal Finance, Retirement, Wall Street, 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 | Dec 6, 2013 | Articles, Wall Street, Wealth Building
Law of physics: bubbles eventually burst. Law of economics – bubbles eventually burst. Especially those that are “helped along” by bad government policy. The bubble I’m referring to – is the stock market; and the bad government policy is the...