Site Archives finance

The Exciting Adventure Ahead

The Exciting Adventure Ahead Now is the time to get the engines going and steer in the right direction toward our Number by our Date.  Taking a look back at my notes and goals reveals that we’ll need a bit over 4 million by 2018 to live our life’s purpose and according to our required […]

The Transition

The Transition Josh’s strategy has been clear from the start – and, with a slight ‘jump’ in Net Worth recently, due to a positive outcome on a trade (a.k.a. bet) and a stake in a pharmaceutical company, he should soon have the capital to do what he wants to do: start a hedge fund of […]

Where Did All the Money Go?

Where Did All the Money Go? OK Scott is off the hook for not doing this exercise … … but only because he actually already has a pretty strict budgeting system in place: I love the idea of withdrawing a certain set amount from the ATM each week for things like personal spending and entertainment […]

Financial Tune Up

Financial Tune Up After Jeff’s ‘quick and dirty‘ post became an intriguing set of discussions around his business / investing aspirations, I hope that you are finding these exercises worthwhile following along with? Even better, if you find an issue raised – or financial situation disclosed – that has some parallel with your life, you […]

The Recap!

The Recap! I think if there’s one of our 7 Millionaires … In Training! who’s course seems to already be set, it’s Scott … the only question that I would have will be answered in the next part of our journey – stay tuned! In the meantime, what questions / advice do YOU have? _____________________________ […]

The Right Vehicle

The Right Vehicle The vehicle selected for my journey to 9 million in seven years is to start and manage a business, this selection is appropriate for the compounded annual growth rate necessary to achieve 9 million in seven years. The business I plan to start is essantialy a money managing business also know as […]

401K? No way!

401K? No way! First cab off the rank – Scott – weighs in with a barrage of reasons why he does NOT have a 401k, or the ‘doctor equivalent’ thereof … … I can’t judge Scott badly because: a) He has a strong saving ethic and a positive and – apparently – rapidly improving net […]

Driving Into Wealth

Driving Into Wealth Scott and [BMW steering wheel] leather go together like birds of a feather … … so, I knew that he would be the first in on this post (and it would be full of all the right ‘brands’) 🙂 Sounds like Scott’s on to a good deal with his employer’s largess, right?! […]

Your car … freedom on wheels?

If your house is your biggest purchase, then your next biggest purchase is likely to be your car … … but, you aren’t most people! I assure you – that through the course of this experiment, if you choose to participate actively along with our 7MITs – you will make MUCH bigger purchases by way […]

Primarily About the Primary

Primarily About the Primary Scott and I ‘worked’ on this house very early on in the piece, so I kind of feel ‘at home’ just reading this post 🙂 If you haven’t already done so, you should check out the photos, as Scott suggests, over at our Community Site … ______________________ In the next exercise, […]