millionaire

The 7 Income Streams of Millionaires (According to the IRS)

  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 to use something they’ve written or invented. 5. Capital gains from selling appreciated assets. 6. Profits from businesses they own….
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Trapping yourself in wealth

This morning I woke up and sat down to continue reading “Family Fortunes – How to Build Family Wealth and Hold Onto It for 100 Years” by Bill and Will Bonner. This really is a fantastic book highlighting the differences between old money and new money. It really is an eye opener and definitely worth…
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