The Investment U e-Letter: Issue # 422
Friday, March 25, 2005 How I Learned to Create "Automatic Wealth" with Michael Masterson
By Dr. Steve Sjuggerud, Advisory Panelist, Investment U
Dear Reader,
Just a short (but important) letter today... One man helped me increase my net worth tenfold in the last five years - in a period when the stock market did absolutely nothing. I've spent my career learning how to grow money into more money through investments. Michael Masterson went for a more direct approach: he's spent his career figuring out the best ways to make more money in the first place. And now Masterson's book, Automatic Wealth, is helping others do the same. About six years ago, I began using Michael Masterson's techniques and strategies—which he developed through real-life experience—to build wealth. The changes started immediately. With his simple plan I was able to begin leveraging the resources I had - my time, talents and portfolios - more effectively. And the benefits have compounded every year... As I said, my net worth has probably increased tenfold in the last five years - in a time when the stock market did nothing. How have I done it? Let me explain... The Idea behind Automatic Wealth: Multiple Income Streams Lead to Financial Independence With seeds planted by my friend, I found ways to increase my income. Here are some of the ways I've done it, which you can do yourself: - Creating multiple sources of income
- Getting involved in side businesses
- Maximizing the value of your time
And it's not just me... Michael Masterson has helped many friends and family members become wealthy, even though many of them starting from nothing. Masterson has succeeded (and failed) in many businesses over the years. He's analyzed every detail of what it takes to make it. And in the last four years, he has turned his ideas into a plan that any investor can put into action. It's all contained in Automatic Wealth: The Six Steps to Financial Independence. In this book, Michael Masterson shares what works... which is what he taught me. A $25 Risk... For Unlimited Rewards As an investor, I look at things from a risk-to-reward perspective. In this case, your downside risk is $25... and your upside potential is unlimited. That makes Automatic Wealth by Michael Masterson one of the best investments you can make! From my own experience, I can't imagine a better way to spend 25 bucks if you're looking to make a lot more money. But it's about more than money, too... For me, it's not the investment advice; it's the "life" advice on what works that had the biggest impact. I strongly urge you to read this book. I'm pretty certain that the more you follow the advice on increasing your income, the more income you'll make. It has worked for me and my family already. Learn more about Automatic Wealth: The Six Steps to Financial Independence. Good investing, Steve Related Articles Investment U Archives
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