One of the best books I have read lately is “The Last Chance Millionaire” by Douglas Andrews. The website is at www.missedfortune.com. Since I am a little nutty about financial strategies, this was a book I couldn’t put down. I started reading it because a friend had sent it to me in the mail. I was obligated to at least read the first paragraph. That happened on a Friday afternoon during the busiest month of my career so far. Despite looming deadlines and meetings to prepare for, I finished the whole thing by Monday morning. One of my clients later said to me “oh yeah, I got that quote you sent me at 1:00 in the morning, what were you doing up so late?” My website developer asked "why haven't you finished those articles yet?" That’s how good it was.
Last week I was at a training seminar in Phoenix for one of my favorite (most stable) companies, and got back exhausted and wanting to be with my family. Another book had arrived, this time from somebody else. It was Called “Tax-Free Retirement” by Patrick Kelly see www.taxfreebook.com. My quality family time for the last three days was with me reading in the living room while Joey played on the floor with Lego’s, and my wife watched TV.
After meeting with an associate Friday to cover some investment strategies, I mentioned these books to my friend. His response was “oh yeah that whole infinite banking concept is really starting to pick up steam.” My next book to read will be based on his suggestion “Becoming Your Own Banker,” by Nelson Nash.
These are all based on concepts I have been studying for the last two years. My biggest question is why don’t more people know about this? I’ll get back to that later. One website that caught my interest early on was www.fleewallstreet.com.
The story from my childhood that has always stuck with me was the one about my god parents. They started out their family on the same block as my parents in a house that cost $18,000. From these meager beginnings, Mr. G became quite wealthy. They lived in a mansion on a vast estate. Well at least it was bigger than our whole neighborhood. They had a pool that we swam in a lot growing up. They had several horses too. I would get presents from Mrs. G on my birthday from exotic places like Hawaii and Spain. Then something happened. Something Changed. The pool got filled in, and the horses were gone. Their property got smaller and smaller. Eventually they moved to a smaller house, then into a duplex.