Blog Entries tagged 'investing'

Why Are Retirement Plans Failing?

cmiles — Fri, 19 Dec 2008 02:00:00 +0100

With my "Fire Your Financial Adviser" seminar and our Producer Power Hour podcast this week, I wanted to address a topic that I feel is grossly misunderstood. When I was a traditional financial adviser, I would rattle off some assumed 2000 Bureau of Labor Statistics that came out with a longitudinal report that studied where 25 yr olds in 1960 were in 2000. It showed 29% of 65 year olds deceased, 66% totally dependent on others or still working, 4% financially independen [...]

Garrett on KTLA

garrettgunderson — Tue, 02 Sep 2008 02:00:00 +0100

Garrett had a great opportunity to be on the KTLA Morning News. Watch the video.

NEW YORK POST - BESTSELLER: "KILLING SACRED COWS"

admin — Tue, 19 Aug 2008 02:00:00 +0100

Sandwiched between the latest "Twilight" vampire book and Obama-bashing tome on Amazon.com is the No. 11 ranked "Killing Sacred Cows," financial advice by entrepreneur Gunderson.

Click Here to Read the Full Article

Book Review Response #3: What You Should Do With Your 401(k)

causeofliberty — Fri, 15 Aug 2008 02:00:00 +0100

| Book Review | Response #1 | Response #2 |

This is the continuation of a series of responses to a review of Killing Sacred Cows by Helen Huntley, personal finance editor for the St. Petersburg Times. While she does her best to give a synopsis of the book without reading it entirely, at one point she says, “…the main purpose of the book seems to be to convince you to cash you’re your 401(k) -- [Garrett] doesn’t mind that you have to pay income tax and [...]

Book Review Response #2: The Main Purpose & Primary Focus of Killing Sacred Cows

causeofliberty — Sat, 09 Aug 2008 02:00:00 +0100

| Book Review | Response #1 |

In a recent review in the St. Petersburg Times, personal finance editor Helen Huntley writes, "[Killing Sacred Cows] makes some good points. I agree that you need to take responsibility for your own financial success and you should invest in yourself and your money-making potential. However, the main purpose of the book seems to be to convince you to cash out your 401(k) -- he doesn't mind that you have to pay income tax and possibly a 10% penal [...]

One Hidden Danger of a 401(k)

cmiles — Fri, 08 Aug 2008 02:00:00 +0100

By Chris Miles

I have often heard many well-intentioned Americans tell me that they feel they are on track to their retirement goals merely because they have been saving a good amount in their 401(k)'s or similar qualified plans. Many believe this is their only option.

My purpose is to shed light on a critical factor that is one of the causes for dramatic disappointment to our 76 million Baby Boomers now entering retirement. This covert killer can leave one with LESS THAN [...]

Does Passive Income REALLY Create Freedom?

cmiles — Fri, 08 Aug 2008 02:00:00 +0100

By Chris Miles

One of my clients recently asked me a question regarding whether or not someone needed passive income to truly be financially free. I believe that many of those striving for financial excellence have asked this same question and debated it.

In response to this question, I would ask &quo [...]

A Great Review of Killing Sacred Cows...And An Opportunity To Respond

causeofliberty — Thu, 07 Aug 2008 02:00:00 +0100

Helen Huntley, the personal finance editor for the St. Petersburg Times in Florida, recently gave a great review of Killing Sacred Cows that gives us an excellent opportunity to clarify the message of the book.

While she admits only reading parts of the book—and the review must therefore be understood in that context—she does make some good points that we’d like to respond to in the next series of blog posts.

The following is her review of the parts of the book [...]

Pg. 244 - 401(k) Part 2

garrettgunderson — Wed, 06 Aug 2008 02:00:00 +0100

Pg. 70 - Average vs. Actual

garrettgunderson — Thu, 31 Jul 2008 02:00:00 +0100

My Experience With Affiliate Marketing: How To See Through Any Business/Investment Proposal

causeofliberty — Tue, 22 Jul 2008 01:00:00 +0100

I recently had an opportunity to apply the lessons that Garrett and I teach in Killing Sacred Cows.

I've been studying affiliate marketing lately to see if it is a viable opportunity with a solid value proposition. Online affiliate marketing means to market the products and services of others in order to earn a commission from the product creator.

On the surface it sounds like a great model--you don't even have to create your own products, all you have to do is market, [...]

Pg. 113 - "Million Dollar Ideas"

garrettgunderson — Thu, 17 Jul 2008 02:00:00 +0100

Pg. 152 - Questions to Consider When Investing

garrettgunderson — Tue, 08 Jul 2008 02:00:00 +0100

Pg. 52 - The Velocity of Money

garrettgunderson — Tue, 01 Jul 2008 02:00:00 +0100

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Click Here to See the Building Walkthrough Garrett Mentions in the Video

High Risk = High Returns?

causeofliberty — Sun, 01 Jun 2008 02:00:00 +0100

“Over the years, an investor’s financial objectives and tolerance for risk may change. An investor with a longer time horizon may be willing to take more risk for potentially greater reward than one with a shorter time horizon…Generally, the riskier the investment, the greater its possible reward.”

-Taken from a marketing piece of a leading financial institution

How can you increase your investment returns? Is it by increasing your risk, as so many fi [...]

The Top 5 Reasons Why You Should NOT Invest Your Home Equity

causeofliberty — Tue, 27 May 2008 02:00:00 +0100

…And How To Overcome Them

In the past few years, hundreds of people have invested home equity, only to lose it all and get into serious financial trouble. With this in mind, here are five reasons why you should not invest your home equity. Avoiding these five pitfalls will prepare you to safely maximize the productivity of all your financial resources, including home equity.

Reason #1: Personal Consumption