Automatic Wealth The Six Steps to Financial Independence

by Masterson, Michael

• ISBN13: 9780471757665
• ISBN10: 0471757667
• Edition: 1st
• Format: Paperback
• Copyright: 2006-02-24
• Publisher: Wiley

Summary

The insider secrets to becoming a millionaireMichael Masterson draws upon his own experiences and that of experts in the fields of retirement, investing, and real estate to offer readers a complete program on achieving financial independence. Organized around five key principles, Automatic Wealth shows readers how to increase their income and continue to save for the future; how to live more comfortably; how to gain equity in a business that will provide an income stream for the future; how to buy real estate; and how to invest their money. Filled with in-depth insight and practical advice, this book offers specific steps-including how to develop wealth-building habits now and how to develop a three- to fifteen-year plan to reach millionaire status-that can easily be followed by anyone who wants to live a more fulfilling financial life.Michael Masterson (Delray beach, FL) has been making money for himself or others for almost four decades-since he was 14 years old. In that time, he's only taken two breaks-each time for two years. The first was a stint with the Peace Corps, where he learned to appreciate relative values and the joy of teaching. The second came at age 39, when he sold his $135 million business and retired.

Author Biography

<b>Michael Masterson</b> has developed a loyal following through his writings in Early to Rise (www.earlytorise.com), an e-newsletter published by Agora that mentors more than 400,000 success-oriented individuals to help them achieve their financial goals. Masterson has been making money for himself and others for&#160; almost for decades. In that time, he's only taken two breaks-each time for two years. The first was after a stint with the Peace Corps where he came to appreciate relative values and the joy of teaching. The second came at age thirty-nine, when he retired from&#160; the $100 million-plus business that he and his partner built. Over the course of his remarkably successful business career, Michael's been involved in the development of dozens of successful businesses, including two that grew beyond $100 million. At one time or another, he's owned and run companies that were public/private, onshore/overseas, local/international, service/product-oriented, retail/wholesale direct mail, and even profit/not for-for-profit. To subscribe to Michael Masterson's free thought-provoking e-newsletter, Early to Rise, just visit www.earlytorise.com.

Table of Contents

Acknowledgments.

Preface.

Introduction.

Step 1. Recognizing Reality.

Step 2. Plan to Become Wealthy.

Step 3. Develop Wealthy Habits.

Step 4: Radically Increase Your Personal Income.

Step 5: Get Richer While You Sleep.

Step 6. Retire Early.

Index.