Automatic Wealth for Grads... and Anyone Else Just Starting Out
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MICHAEL MASTERSON has been making money for himself and others for almost four decades. At one time or another, he's owned and run companies that were public/private,onshore/overseas, local/international, service-/product-oriented, retail/wholesale/direct mail, and even profit/not-for-profit. Masterson is the author of the Wall Street Journal bestseller Automatic Wealth: The Six Steps to Financial Independence; Power and Persuasion: How to Command Success in Business and Your Personal Life; and Confessions of a Self-Made Millionaire.Justin Ford, author of Seeds of Wealth: An Incredible Wealth-Building Plan for Your Children and Editor of Main Street Millionaire
"Only time will tell whether you will have the guts and honor to follow Masterson's masterful plan. Good luck!"
From the foreword by Mark Skousen, Adjunct Professor, Columbia University, 2004-05 and Benjamin Franklin Chair of Management, Grantham University
Organized around proven wealth-creating principles, this invaluable guide reveals powerful techniques and strategies that have personally worked for Michael Masterson as well as for the many people he's helped become wealthy and successful.
Filled with in-depth insights and practical advice, Automatic Wealth for Grads will show you how to:
- Choose a great career, get your first job, and rise to the top of your field
- Continuously increase your income on a fast-track basis, and get the biggest raises of your life
- Profit from the real estate marketeven in today's uncertain market
- Start or gain equity in a business that will provide an automatic future income stream
- Invest in the stock market, save money on taxes, make purchases that appreciate, reduce your credit costs, and achieve financial independence while you are still young enough to enjoy your money
Acknowledgments iv
Foreword by Mark Skousen v
CHAPTER 1: Wealth Matters: You Decide How Much 1
CHAPTER 2: Starting Young: How to Take Advantage of the “Miracle” of Compound Interest 19
CHAPTER 3: Choosing a Rewarding Career: Making the Best Decisions Easily 49
CHAPTER 4: Your Next and Best-Ever Job 69
CHAPTER 5: How Easy It Can Be to Earn a Very High Income 91
CHAPTER 6: Starting Your Own Multimillion-Dollar Business 125
CHAPTER 7: Why Real Estate Is Right for You Even Now 145
CHAPTER 8: Investing in the Stock Market— The Smart Way 177
CHAPTER 9: Living Rich Starting Tomorrow 203
Index 239
Justin Ford, author of Seeds of Wealth: An Incredible Wealth-Building Plan for Your Children and Editor of Main Street Millionaire
"Only time will tell whether you will have the guts and honor to follow Masterson's masterful plan. Good luck!"
From the foreword by Mark Skousen, Adjunct Professor, Columbia University, 2004-05 and Benjamin Franklin Chair of Management, Grantham University
Organized around proven wealth-creating principles, this invaluable guide reveals powerful techniques and strategies that have personally worked for Michael Masterson as well as for the many people he's helped become wealthy and successful.
Filled with in-depth insights and practical advice, Automatic Wealth for Grads will show you how to:
- Choose a great career, get your first job, and rise to the top of your field
- Continuously increase your income on a fast-track basis, and get the biggest raises of your life
- Profit from the real estate marketeven in today's uncertain market
- Start or gain equity in a business that will provide an automatic future income stream
- Invest in the stock market, save money on taxes, make purchases that appreciate, reduce your credit costs, and achieve financial independence while you are still young enough to enjoy your money
Most grads discover pretty quickly that making a lot of money is not as easy as depicted in movies or on infomercials. Getting wealthy is a serious business that requires ambition, intelligent choices, and follow-through. The good news is that it doesn't matter whether you majored in English or economics, you can use these "money tested" techniques to make wealth-building not only probable but automatic. And when your cash flow balloons, you'll have more time, energy, and peace of mind to enjoy the things that really matter to you—whether it's traveling to Italy, playing the guitar, or just hanging out with friends and family.
In Automatic Wealth for Grads, self-made multimillionaire Michael Masterson becomes your personal mentor, drawing upon his own experiences and those of experts in the fields of investing, real estate, and business to offer you a complete program for achieving financial independence in record time. Organized around proven wealth-creating principles, he will show you how to quickly master the powerful moneymaking skills that will transform you into a dynamic, automatic wealth-builder, no matter what career path you choose.
The best part is that you don't need a fortune—or anything in the bank—to get started right now, whether it's finding a high-paying job, getting a huge raise, or even investing in real estate.
Special Report
Become a Millionaire Before You Turn 25!
You want to drink champagne instead of beer, sail the Caribbean rather than swim in a pond. You've just finished Automatic Wealth for Grads and you're ready to get rich, starting today! Learn the secrets to automatic wealth from self-made millionaire Michael Masterson—sign up for a free trial subscription to his daily e-newsletter, Early to Rise, www.earlytorise.com and receive a Special Report filled with 28 ideas for generating wealth eight times faster than you ever imagined. Sign up now at http://www.earlytorise.com/ForGrads to get going and retire in your early 20s!