John Jacob Astor’s Perpetual Money Machine & The Magic of “Self-Financing” Investments
In 2008, I read this biography on John Jacob Astor. I went on to write the following article included below about what I learned from Astor in a newsletter to
Tag
real estate
The 7 Income Streams of Millionaires
According to the IRS, most millionaires have these seven income streams: 1. Dividend income from stocks owned. 2. Earned income from a paychecks. 3. Rents from rental real estate. 4. Royalties from selling rights
A $2,500 Investment Property? … And a lesson learned on return on investment
A few weeks ago, I purchased this smaller two bedroom mobile home for $2,500: The price was low because this home is over 30 years old and needs cosmetic updating throughout.