How The Vanderbilt Family Blew the World’s Largest Fortune

When Cornelius Vanderbilt (the Commodore) passed away in 1877, he left the majority of his fortune valued at $95,000,000 to his oldest son. In today’s dollars, this fortune would be worth around $2.1 billion. He left smaller amounts to all of his other children. This particular son, who received the majority of his fortune, actually…

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What We Can Learn From One Of The Best Real Estate Investors in the World

If you’re in real estate, I’m hoping you’ve heard of Sam Zell. His net worth is estimated to be over $5 billion and he built a significant portion of this wealth as a real estate investor. There is a lot we can learn from studying him! Zell actually got his start in college. He offered…

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Money Master (How to win the game)

This screen shot is from the book, “Why The Rich Are Getting Richer”, by Robert Kiyosaki. According to Kiyosaki, the people who have mastered money live in the “I quadrant.” For those who haven’t read any of his books (what are you waiting for??), the “I quadrant” is the quadrant for investors. Investors live off…

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The Torture Chamber

Many years ago, Robert Kiyosaki wrote a book titled “The Cashflow Quadrant.” This book changed my life and I’ve written about it numerous times over the years. In the book, he explained that there are four basic quadrants we can use to generate income. These four quadrants are: 1. E – As an employee 2.…

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A $20,000,000 Website? Yes, here it is…

I recently read this older story about “The Drudge Report.” Prior to reading this story, I never paid any attention to the The Drudge Report. I honestly try NOT to consume news, because it’s extremely depressing. The article is titled: “It’s Time People Realized That The Drudge Report IS A Major Media Property Worth Hundreds…

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