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Lifting our Lives in 2017

December 30, 2016 by  
Filed under blog

 

As you look at or contemplate what you will be doing in 2017 and beyond, be sure to take a very hard look at the financial category. Life is certainly much more than just money but with plenty of money your options and success with many of your other goals in life can be greatly expanded.

For example, I just discovered that before the great actor and governor of California, Arnold Schwarzenegger, was famous, he became a millionaire from … yep, you guessed it … investing in good ole real estate! So even if you’ve not yet started an investment program you can do so now with savings and investing goals for 2017. It may take some time to build your fortune and you may feel you have so little to contribute right now, but try never to forget the huge power of compounding your money. Compounding can multiply even a very small amount of money into millions of dollars. Certainly Arnold knows that from his experience and so do I.

Eight years ago, when I starting writing my weekly blog it was almost exclusively about taking a small amount of money and wisely investing it, mainly in real estate, to build a fortune for yourself or at least for you to make enough to live very comfortably and retire without ever diminishing your lifestyle. But I’ve also written about health and well-being, relationships and friends, and traveling to broaden one’s perspectives on living, along with many other subjects. But I’m thinking now that as we face another year it would be wise to refocus our attention and goal setting back to that money thing that can lift so many parts of our lives including the lives of those around us.

In the foreword of the book Tools of Titans, the author Tim Ferris quotes Schwarzenegger’s thoughts not only about real estate making Arnold a millionaire but about his many other accomplishments. “I am not a self-made man,” Schwarzenegger says. “I got a lot of help … I stood on the shoulders of giants,” which was his way of giving credit to his parents, coaches, and teachers.

We all need to realize and give so much credit to others that have helped us along the way and then step up and let others climb on our shoulders to lift them up. For me I give tons of credit for my success to my wonderful parents and to the great Bill Nickerson and what his book, How I Turned $1,000 into a Million in My Spare Time, did for me. I also need to credit the great Denver real estate guru, – who took me under his wing and showed me exactly how he turned a few thousand dollars into multi-millions over the years. You can read more about that great story on my June 24th, 2016 blog.

I’ve tried to help others through my investing advice, directions, books, lectures and conversations. I have received rewards of great appreciation and many thank-you’s which are worth so much more than money. One of my resolutions for 2017 is to be more helpful to others. To accomplish this, I need to go to work right now and write down the details and specific steps or actions that I am going to take to accomplish that very goal. What are your goals and do you have them written down yet? If not, let’s do it. There is no time to waste.

The People Who Changed My Life

June 24, 2016 by  
Filed under blog

Last week I said that I was going to give appreciation and thanks to those people that inspired, helped and directed my life and personal development and those that lifted my financial life to great heights.

The first and probably most powerful financial mentor was Larry Rosenberg of Denver, Colorado. Before Larry came into my life I had read a few financial books that somewhat helped me start to improve my financial situation, books that taught me that the first step is to save money out of each paycheck, at least 10% but more if you can swing it.

However, what Larry Rosenberg really did to lift my financial sights to great heights was to show me what he’d done, starting basically from scratch, using financial leverage and compounding. When he sat down with me and showed me on paper what could be done with as little as $1,000 dollars, a few years’ time, and hard work, I was blown away. Thousands turned into millions and it wasn’t just a theory. He had done it! I quickly saw, and he agreed, that I could do the same thing. So I set out on my financial path and yes, it lead me to millions.

So thank you Larry. I appreciate you and I will never forget you. You not only influenced and lifted my financial world but because of you I’ve passed your directions and formulas onto literally thousands of other people. Your great influence is huge and growing and it’s so big it’s probably unmeasurable.

Larry also put me onto Bill Nickerson’s great book, How I turned $1000 into Millions in My Spare Time, in Real Estate, which gave me more details on what I should be doing and how. Later I was privileged to meet and get to know Bill very well. So a big thanks to Mr. Bill Nickerson too!

These two gentleman were a big influence but there are still more to thank. Next week, I’ll send out a few more thank you notes and show you what people have done for me and, in turn, for you!