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

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

Michael Masterson, Mark Skousen (Foreword by)

ISBN: 978-0-471-97305-8

Apr 2006

256 pages

$18.99

Description

"Michael Masterson has personally helped more people achieve financial independence than anyone else I know. He has been a valuable mentor in my own life. Michael's credentials go far beyond the fact that he is an extremely successful businessman. (There are thousands of those.) He has a unique gift for discerning—and explaining in easily accessible terms—what it really takes to succeed. Automatic Wealth for Grads will give any young person a tremendous headstart for achieving their financial and professional goals at a very young age."
—Justin Ford, author of Seeds of Wealth: An Incredible Wealth-Building Plan for Your Children and Editor of Main Street Millionaire

"Only time will tell whether you will have the guts and honor to follow Masterson's masterful plan. Good luck!"
—From the foreword by Mark Skousen, Adjunct Professor, Columbia University, 2004-05 and Benjamin Franklin Chair of Management, Grantham University

Organized around proven wealth-creating principles, this invaluable guide reveals powerful techniques and strategies that have personally worked for Michael Masterson as well as for the many people he's helped become wealthy and successful.

Filled with in-depth insights and practical advice, Automatic Wealth for Grads will show you how to:

  • Choose a great career, get your first job, and rise to the top of your field
  • Continuously increase your income on a fast-track basis, and get the biggest raises of your life
  • Profit from the real estate market—even in today's uncertain market
  • Start or gain equity in a business that will provide an automatic future income stream
  • Invest in the stock market, save money on taxes, make purchases that appreciate, reduce your credit costs, and achieve financial independence while you are still young enough to enjoy your money

Acknowledgments iv

Foreword by Mark Skousen v

CHAPTER 1: Wealth Matters: You Decide How Much 1

CHAPTER 2: Starting Young: How to Take Advantage of the “Miracle” of Compound Interest 19

CHAPTER 3: Choosing a Rewarding Career: Making the Best Decisions Easily 49

CHAPTER 4: Your Next and Best-Ever Job 69

CHAPTER 5: How Easy It Can Be to Earn a Very High Income 91

CHAPTER 6: Starting Your Own Multimillion-Dollar Business 125

CHAPTER 7: Why Real Estate Is Right for You Even Now 145

CHAPTER 8: Investing in the Stock Market— The Smart Way 177

CHAPTER 9: Living Rich Starting Tomorrow 203

Index 239

Filled with in-depth insights and practical advice, Automatic Wealth for Grads shows students how to:
  • Choose a great career, get a first job, and rise to the top
  • Continuously increase their income on a fast-track basis
  • Profit from the real estate market—even in today's uncertain market
  • Start or gain equity in a business that will provide an automatic future income stream
  • Invest in the stock market, save money on taxes, make purchases that appreciate, reduce their credit costs, and achieve financial independence