Meta tags:

Headings (most frequently used words):

to, the, what, how, is, debt, you, are, new, free, post, navigation, recent, 7million7years, do, when, 10m, drops, into, your, lap, quickest, way, pay, off, one, sign, will, be, rich, most, important, lessons, learn, about, personal, finance, am, 21, and, clueless, advice, for, multimillionaire, or, financially, lucky, speculating, on, stocks, much, ok, age, lemonade, stand, make, million, in, years, main, menu, posts, comments, gravatars, archives, site, admin, popular, categories, tags, user, cloud,

Text of the page (most frequently used words):
you (167), the (165), and (118), your (94), that (81), are (47), for (46), how (41), debt (39), have (39), will (34), money (32), can (31), this (30), about (28), much (26), what (25), rich (24), but (24), one (23), when (23), not (23), off (22), interest (21), posted (20), all (20), than (20), they (20), most (19), years (19), #stocks (18), business (18), now (18), people (18), think (18), invest (17), may (17), into (17), start (17), make (17), pay (16), should (16), his (15), life (15), with (14), just (14), then (14), work (14), more (14), 7million (13), 2013 (13), way (13), would (13), was (13), there (13), starting (12), investing (12), 7million7years (12), 2008 (12), 2009 (12), 2010 (12), 2012 (12), adrian (12), any (12), has (12), still (12), want (12), lucky (12), cash (12), out (11), real (11), important (11), only (11), son (11), other (11), time (11), from (11), stock (11), student (11), fund (11), estate (10), property (10), net (10), 2011 (10), tagged (10), them (10), here (10), some (10), take (10), buy (10), market (10), live (10), loan (10), retirement (9), worth (9), million (9), making (9), november (9), 2014 (9), after (9), new (9), even (9), loans (9), year (9), very (9), these (9), financial (9), investment (8), february (8), march (8), june (8), own (8), same (8), simply (8), could (8), their (8), put (8), also (8), need (8), having (8), wealthy (7), wealth (7), earn (7), finance (7), august (7), personal (7), first (7), free (7), replies (7), who (7), luck (7), him (7), card (7), ajc (7), down (7), likely (7), step (7), many (7), better (7), let (7), list (7), credit (7), get (7), security (7), lifestyle (7), sufficient (7), paid (7), portfolio (7), house (6), online (6), january (6), april (6), july (6), september (6), december (6), clueless (6), sign (6), post (6), since (6), whilst (6), two (6), old (6), see (6), until (6), long (6), term (6), sure (6), lot (6), case (6), 000 (6), had (6), order (6), investments (6), keep (6), instead (6), every (6), emergency (6), each (6), number (5), spending (5), saving (5), inflation (5), asset (5), children (5), october (5), learn (5), been (5), because (5), over (5), doesn (5), back (5), following (5), look (5), well (5), least (5), enough (5), blog (5), advice (5), where (5), reply (5), financially (5), low (5), index (5), current (5), return (5), capital (5), etc (5), rent (5), income (5), become (5), place (5), once (5), harder (5), minimum (5), earned (5), move (5), owe (5), plan (5), expenses (5), 101 (4), 2015 (4), lessons (4), drops (4), posts (4), little (4), entrepreneurial (4), lemonade (4), never (4), journey (4), going (4), high (4), tell (4), like (4), probably (4), last (4), something (4), age (4), different (4), prepared (4), lose (4), decision (4), 30k (4), twitter (4), quite (4), set (4), right (4), thinking (4), too (4), tend (4), things (4), whether (4), before (4), types (4), example (4), both (4), good (4), great (4), cost (4), returns (4), top (4), less (4), another (4), paying (4), 100 (4), early (4), build (4), means (4), don (4), multimillionaire (4), young (4), rest (4), such (4), satisfaction (4), satisfy (4), living (4), needs (4), retire (4), buffer (4), working (4), future (4), payments (4), home (4), expensive (4), auto (4), properties (4), save (3), millionaire (3), snowball (3), avalanche (3), car (3), degree (3), quickest (3), required (3), monthly (3), older (3), stand (3), know (3), ever (3), similar (3), growing (3), ebay (3), based (3), didn (3), commercial (3), came (3), next (3), asked (3), sell (3), actually (3), decide (3), risky (3), company (3), while (3), course (3), depends (3), along (3), path (3), person (3), positive (3), fortune (3), kind (3), chance (3), opportunities (3), often (3), consider (3), secret (3), bad (3), self (3), says (3), yourself (3), won (3), successful (3), certain (3), big (3), entrepreneur (3), others (3), rate (3), best (3), bonds (3), owned (3), note (3), though (3), matter (3), answer (3), double (3), family (3), talking (3), suggest (3), day (3), notice (3), further (3), strategies (3), whatever (3), goal (3), possible (3), amount (3), salary (3), avoid (3), nothing (3), say (3), really (3), true (3), always (3), blogs (3), abundance (3), ways (3), debts (3), month (3), strategy (3), saved (3), penny (3), times (3), aim (3), increase (3), wordpress (2), tips (2), rule (2), ramsey (2), liability (2), 401k (2), comments (2), rss (2), search (2), myth (2), allocation (2), college (2), multiply (2), recent (2), 10m (2), lap (2), subscribe (2), field (2), navigation (2), why (2), child (2), anybody (2), changing (2), lives (2), already (2), school (2), full (2), service (2), saying (2), opening (2), shop (2), graduated (2), excess (2), bought (2), heart (2), non (2), later (2), happen (2), week (2), package (2), arrived (2), few (2), smaller (2), left (2), whereas (2), begin (2), although (2), naturally (2), hand (2), started (2), blindly (2), considering (2), afford (2), 10k (2), drop (2), worst (2), reasonable (2), share (2), fall (2), far (2), speculating (2), mostly (2), part (2), process (2), mentioned (2), doing (2), reading (2), side (2), imagine (2), described (2), felt (2), unlucky (2), try (2), variety (2), thought (2), colour (2), likelihood (2), fail (2), follow (2), intuition (2), feel (2), rather (2), looking (2), situation (2), reason (2), carefully (2), context (2), richard (2), turn (2), attitude (2), create (2), via (2), series (2), books (2), position (2), success (2), exactly (2), clear (2), made (2), between (2), slowly (2), period (2), assume (2), sheet (2), paper (2), rates (2), second (2), trying (2), available (2), subsidized (2), switch (2), investor (2), event (2), include (2), protected (2), businesses (2), might (2), makes (2), circumstances (2), divide (2), savings (2), easy (2), understand (2), spend (2), understanding (2), told (2), her (2), give (2), leave (2), remain (2), simple (2), peers (2), months (2), easily (2), perhaps (2), mid (2), thing (2), point (2), warning (2), dad (2), everything (2), help (2), level (2), unless (2), purchase (2), proceeds (2), halve (2), pretty (2), focus (2), retired (2), able (2), main (2), 250k (2), reduction (2), maintain (2), stop (2), incl (2), hard (2), achieved (2), tax (2), three (2), else (2), vacancies (2), invested (2), safely (2), date (2), points (2), planning (2), googling (2), brings (2), results (2), opinion (2), enjoy (2), benefits (2), those (2), rewarded (2), secure (2), riches (2), measured (2), monetary (2), terms (2), fact (2), value (2), quora (2), comes (2), again (2), continue (2), spare (2), which (2), whole (2), warren (2), buffett (2), source (2), use (2), payment (2), quickly (2), keeping (2), either (2), reduce (2), fun (2), rental (2), ride (2), stress (2), developing (2), comfortable (2), slightly (2), areas (2), buildings (2), somewhere (2), selling (2), sold (2), keeps (2), younger (2), figures (2), apartments (2), skip (2), content (2), proudly, powered, usercloud24, installed, waiting, visitors, user, cloud, trump, orman, training, kiyosaki, dollars, contest, andee, tags, uncategorized, 110, 176, mlm, featured, articles, 125, popular, categories, org, entries, log, register, site, admin, archives, ansh, robert, johnson, gravatars, reader, email, name, copy, book, 7m7y, newsletter, mere, marketplace, wants, supply, ingredients, encouragement, support, push, embark, barriers, lifted, setting, finished, contracts, programmers, india, customer, contractors, manila, sent, christmas, present, thanking, fulfil, ambition, coffee, store, nets, 60k, turning, 100k, assistance, given, weeks, said, did, china, our, front, door, packages, offered, accepted, newspaper, delivery, round, wanted, cake, outside, grandmother, she, bake, beginning, turned, father, footsteps, boom, bust, tech, trend, latter, chart, nice, safe, boring, trash, dumping, wait, ipo, hype, die, does, hmmm, technology, direction, bit, aside, conversation, went, knows, speculative, twtr, tsla, unfortunately, thoughts, towards, tesla, unilever, mainly, hopefully, giant, ill, worse, interview, volunteer, leg, plaster, cast, fallen, flight, stairs, cheerfully, explained, luckier, pointed, broken, neck, creatures, routine, route, talk, parties, contrast, introduce, arriving, party, introduced, himself, wearing, behaviour, boosts, introducing, choice, respect, hunches, interested, various, options, rational, helps, gut, feelings, act, alarm, bell, gives, visualization, techniques, difference, adopt, resilient, transforms, fulfilling, prophesies, expectations, decisions, listening, skilled, creating, noticing, wiseman, researcher, wrote, subject, generate, four, basic, principles, come, factor, rear, view, mirror, effect, ages, indeed, breakthrough, trip, got, interrelationship, washington, competing, entrepreneurship, competition, lonely, meet, becoming, safest, sit, skills, reliably, greater, provided, dow, jones, end, returned, costing, presume, practical, allocate, third, items, lists, strictly, descending, historical, terrible, choose, former, cards, avoiding, spread, principle, recently, asks, mental, flying, wig, conservative, survive, windfall, dividend, pre, francises, development, trading, during, purchases, houses, cars, boats, absolutely, sense, holiday, aspen, villa, under, travel, class, plane, roughly, control, beyond, lived, through, ups, downs, almost, invariably, spectrum, chicago, consultancy, specializes, individual, surveyed, whose, 5mill, 25m, ranges, firstly, overestimate, wish, known, rectify, realized, haven, talked, within, earnings, accountant, isn, technical, worried, structures, studying, seller, shipping, write, passion, information, products, idea, prepare, whet, appetite, reach, discarded, weaned, diet, poor, richest, man, babylon, teach, details, pat, 20s, opt, endowment, plans, unit, trust, typical, questions, receive, achieve, desired, meaningless, health, ignore, outright, federal, treasuries, forget, strain, psyche, watch, recommendation, purely, protection, late, stuck, nest, egg, built, focussing, math, shows, 50k, taking, sustainable, building, actively, desires, artist, writer, traveller, somehow, manage, accumulate, huge, piling, necessary, insurance, glitches, issues, resolve, happy, profession, indexed, equivalent, half, frugal, illustrate, importance, examples, speaking, closer, achieving, above, ensure, wrong, corrections, confused, choosing, without, needing, physical, environmental, emotional, ensuring, provide, forward, flow, appear, surety, met, goals, ultimate, wind, generic, require, philosophy, purpose, equally, hurt, 844, 050, focussed, authors, learned, everybody, hint, adding, listed, proportional, deserve, winner, equation, kinds, proportionally, skeptics, fool, winners, themselves, backlash, against, call, workaholic, perfectionist, despise, inability, boundaries, wonder, vacation, fully, friendships, fitness, talent, everyone, believe, predicts, somebody, agree, getting, traditional, reaching, happiness, complex, economist, justin, wolfers, obviously, measure, 250, volunteering, local, animal, shelter, playtime, linked, external, internal, rewards, being, matters, foreshadows, truly, remarkable, according, runs, startup, guy, published, https, www, com, thank, withdraw, balance, days, falls, due, resort, revisit, resorting, owed, strict, steps, bottom, preferred, experts, heirs, funds, dollar, averaging, longer, repeat, higher, bank, earning, table, sorted, 223, 142, 694, 352, 487, sort, percent, currency, pennies, adage, taken, requires, cheap, methods, flawed, incorrectly, common, arrange, popularised, dave, definition, investopedia, size, destroy, richer, optimal, chances, knowledge, safety, rely, tough, respects, aspire, proper, volatility, risk, issue, today, especially, reflect, 500k, account, strong, weak, add, develop, practice, markets, developers, bankrupt, attractive, lucrative, theory, owning, developer, margin, depreciation, borrowings, aggressive, partially, gear, borrow, optimize, cashflow, mortgage, taxes, repairs, buying, balanced, residential, prime, established, small, entire, quadruplex, apartment, blocks, contained, office, title, modest, rehab, upside, potential, max, moment, riskier, assets, count, holdings, bullish, together, correct, hawaii, victim, correction, must, however, notional, specific, becomes, moot, bulk, friend, watched, enjoyed, suffer, mentally, single, dropping, fine, sitting, bounces, job, volatile, putting, interesting, sometimes, improve, standard, unnecessarily, developments, couple, startups, embarked, active, management, aimed, passive, sooner, stupid, words, lock, mode, key, exceptions, took, repeated, happily, desire, readers, tied, land, question, roadmap, secondary, primary, menu,

Text of the page (random words):
y accumulate no debt and build up a huge emergency fund so you will need to take my path focussing on growing income first then saving second e g simple math shows that investing 25 of 250k a year will get you much further than saving 50 of 50k a year starting a business and actively investing as much of the proceeds as possible into real estate stocks and bonds rather than in your own lifestyle has a better chance of taking you to an early self sustainable retirement a k a life after work than any amount of debt reduction emergency fund building and so on 3 if you have retired early or late it doesn t matter you are pretty much stuck with whatever level of lifestyle you have been able to satisfy from the retirement nest egg that you have built up now the main financial goal you need to focus on is security my recommendation is to now focus purely on capital protection and income purchase real estate outright and live from 75 of the net proceeds and keep 2 years cash as an emergency fund or purchase inflation protected federal treasuries forget stocks you will put too much strain on your heart and psyche as you watch your net worth double and halve every 7 to 10 years that s pretty much it so when people tell you their top 10 strategies for financial health ignore them any such set of strategies is meaningless unless you can first put them into context how do they help you achieve your desired level of financial satisfaction and security posted in the number tagged 7million 7million7years investing making money 101 leave a reply i am 21 and clueless posted on may 20 2014 by adrian reply this is quite typical of the types of questions that i receive from time to time i m 21 and am clueless about finance i want to start up a business at my mid 20s should i opt for endowment plans or unit trust the first thing you ll notice is that there are no further details as though there s a pat answer for every clueless 21 year old still let me suggest the following if you are 21 years old and also want to start a business one day 1 if you consider yourself clueless about personal finance start by reading everything you can since you are young start with i will teach you to be rich i was weaned on a diet of rich dad poor dad the richest man in babylon and so on warning the important thing to note is that these books are only to whet your appetite they will not make you rich once you reach a certain point much of the advice will have to be discarded 2 if you want to start a business in your mid 20 s the best way to prepare is by starting one now it doesn t matter if the business is successful or not the idea is to learn by doing while you are studying you can easily start an online business become an ebay seller start a drop shipping business write a blog about your passion or perhaps about your financial journey and package up some of the posts into a series of information products that you can sell 3 if you are worried about company structures don t just get started and with your first 1 000 in savings from 1 and or earnings from 2 see an accountant and do what they suggest this isn t the place for such technical advice if you do these simple things you will be financially better off than 99 of your peers within years if not months and should remain so for the rest of your life why because they will remain clueless whilst you will not posted in starting out tagged 7million 7million7years business investing making money 101 starting out leave a reply advice for a new multimillionaire posted on march 4 2014 by adrian 4 i realized that i ve been talking a lot on this post how to become a multimillionaire but i haven t talked a lot about what to do when you get there let me rectify that right now for my first example take this young and new multimillionaire what advice can you give me as a new 32 year old multimillionaire that you wish you had known at that age firstly i told her don t overestimate your wealth spectrum a chicago based consultancy that specializes in understanding the high net worth individual and family surveyed a number of people whose net worth was in the 1m 5mill and 25m ranges about how much money that they would need in order to feel wealthy almost invariably the answer was about double having lived through the ups and downs of wealth i think i understand the reason wealthy people spend capital what they should be spending is income that s another way of saying that it s very easy to live beyond your means no matter how much money you have here s how to control your wealth 1 take your capital and divide it by 20 that s roughly how much you have a year to live off if you re going to live on bonds and savings well divide by 40 instead 2 invest 95 of the capital as though it s the last money that you will ever see because it most likely is 3 be rent wealthy not buy wealthy rent wealthy means that you rent what you need want to holiday in aspen rent a villa but do not under any circumstances buy one want to travel go first class but do no buy the plane note my rule on personal capital purchases eg houses cars boats etc only buy something when it makes absolutely no sense not to 4 how you invest your money during life after work a k a early retirement is very different to how you might invest your money while you re still trying to build your fortune pre retirement investments include businesses francises property development share trading and so on post retirement investments include tips inflation protected bonds dividend stocks 100 owned commercial real estate and so on not many people can make the mental switch from high flying entrepreneur investor big wig to conservative investor in order to survive post your big windfall event you re going to have to make the switch posted in rich tagged 7million 7million7years millionaire rich 4 replies debt free or financially free posted on february 18 2014 by adrian 1 a recently graduated student asks what would be a better investment than paying off 30k of subsidized low interest student loans money available 30k interest on subsidized student loans 3 4 principle 30k do i pay them off or look for a better investment and keep the spread what would be a better investment if you re also trying to decide whether you should pay off debt or start investing here s what you need to decide right now do you want to live debt free or do you want to live financially free if you choose the former debt free you may make some great investments eg paying off your 19 credit cards probably the best investment you will ever make in your life avoiding this kind of debt will be your second best investment but if you blindly pay off all of your debt you will also make some terrible investments eg paying off your student loans will only return 3 4 so let s list all of the debt and their interest rates that you may have on one sheet of paper and all of the investments that you may like to make with their likely historical returns on another now on a third sheet of paper put the items from both other lists into one new list strictly in descending order of interest rate and or return that s where you should allocate your money from the top down here s a practical example for you your current student loans are costing you 3 4 and i presume you have no other debt or i assume you would have mentioned it the dow jones i e the top end of the us stock market has never had a 30 year period where it has returned less than 8 so provided that you are in this for the long term put your money into a low cost index fund until you learn the skills to reliably invest at even greater long term returns than 8 what do you do with the student loans pay them down slowly safest or let them sit until you have to pay them off more risky now that s how to start the process of becoming financially free posted in debt tagged 7million 7million7years debt 1 reply how lucky are you posted on december 8 2013 by adrian 4 my son and i had a great time in washington where he was competing in a student entrepreneurship competition the life of an entrepreneur can often be a lonely one so it was good for my son to meet others following the same student entrepreneur path the trip got me thinking about the interrelationship between luck and success it s clear to me that the most successful and wealthy people of all ages are indeed lucky certain things had to go just so in order for that big breakthrough to be made but i think the luck factor is a rear view mirror effect that is if you position yourself for success the luck will come but you won t know exactly when or how richard wiseman a researcher in the field of luck he wrote a series of books on the subject says that lucky people generate good fortune via four basic principles 1 they are skilled at creating and noticing chance opportunities 2 they make lucky decisions by listening to their intuition 3 they create self fulfilling prophesies via positive expectations 4 they adopt a resilient attitude that transforms bad luck into good i m not sure that this is the same as visualization techniques a la the secret i just think it s a difference in attitude in this context richard gives some advice on how to turn your luck for the better unlucky people often fail to follow their intuition when making a choice whereas lucky people tend to respect hunches lucky people are interested in how they both think and feel about the various options rather than simply looking at the rational side of the situation i think this helps them because gut feelings act as an alarm bell a reason to consider a decision carefully unlucky people tend to be creatures of routine they tend to take the same route to and from work and talk to the same types of people at parties in contrast many lucky people try to introduce variety into their lives for example one person described how he thought of a colour before arriving at a party and then introduced himself to people wearing that colour this kind of behaviour boosts the likelihood of chance opportunities by introducing variety lucky people tend to see the positive side of their ill fortune they imagine how things could have been worse in one interview a lucky volunteer arrived with his leg in a plaster cast and described how he had fallen down a flight of stairs i asked him whether he still felt lucky and he cheerfully explained that he felt luckier than before as he pointed out he could have broken his neck hopefully reading this blog is one giant step along the path to making you a lucky person too posted in starting out tagged 7million 7million7years starting out 4 replies speculating on stocks how much is ok posted on november 26 2013 by adrian 2 as i mentioned in my last post my 19 y o son s online business is doing quite well well enough for him to start thinking about investing in stocks or real estate but right now he s thinking mainly about stocks unfortunately his thoughts are more towards tesla and twitter than ge and unilever at least he knows they tsla and twtr are speculative so this is how the conversation went ajc jr i want to invest in twitter how much should i invest i have quite a bit set aside me how much you have to invest is the least important part of your decision making process ajc jr oh what s the most important part then me well son you re considering speculating in a technology stock that could go in any direction how much to invest actually depends mostly on how much you re prepared to lose ajc jr hmmm in that case i think i m prepared to lose 10k me ok now how far do you think the stock is likely to fall ajc jr i think it s going to go up me of course you do but if it does fall how far do you think it will go worst case ajc jr if i wait for a while for all the ipo hype to die down and buy twitter at more reasonable 30 a share then i think the most it will go down is 10 me in that case if you are prepared to lose 10k and you only think the stock will drop by 1 3 worst case then you could invest up to 30 000 ajc jr but i could afford to invest a lot more in stocks me sure just not in risky stocks and not more than 30k in twitter now take look at this stock chart for a nice safe boring trash dumping company i m considering investing in when investing decide if you re in it for the long term or if you are simply blindly following some boom bust tech trend if the latter look at how much you re prepared to lose and make your decision on how much to invest based on that posted in stocks tagged 7million 7million7years investing stocks 2 replies the new age lemonade stand posted on november 17 2013 by adrian 5 people think my son is following in his father s footsteps but i didn t even think about beginning my entrepreneurial journey until i was 26 and didn t actually start until i turned 30 my son on the other hand started his entrepreneurial journey when he was 12 whereas most children begin by starting a newspaper delivery round or opening a lemonade stand although at age 10 he wanted to start a cake shop outside his grandmother s house naturally she would bake he would sell my son was a little different at 12 years old ajc jr came to me and asked for 50 to start his new business on ebay he offered me 49 i accepted just to see what would happen and something did happen a week later a package from china arrived at our front door and over the next week a few smaller packages left the same way two weeks later my son came to me and said here s your 50 back he bought me back out i didn t have the heart to tell him that it doesn t work like that that s probably the only non commercial assistance that i ve given his business in the last 6 years since then after growing his ebay store for 3 or 4 years my son graduated to an online service based business that nets him in excess of 60k p a turning over 100k p a and has bought him a car whilst still in high school he contracts programmers in india and has 2 full time customer service contractors in manila one of them just sent him a christmas present and a card thanking him saying that because of my son he can now fulfil his life ambition of opening up his own coffee shop not only is my son setting up his own life he s changing other people s lives already and he s just finished high school with luck and your encouragement and support but never ever push your children may embark on a similar journey after all the barriers to starting a business i e by going online have been lifted why should your entrepreneurial child start a mere lemonade stand when any child can now start an online marketplace for anybody who wants lemonade and anybody who can make it or supply the ingredients and know how posted in children tagged 7million 7million7years business starting out 5 replies post navigation older posts subscribe for your copy of the little free book and 7m7y monthly newsletter first name email required field subscribe in a reader recent posts what to do when 10m drops into your lap what is the ...