Ken Fisher is a well-known money manager – I know, because I’ve had to endure phone call after phone call when I stupidly signed up for one of his ‘free’ reports!
However, watching this video (and, maybe even buying his book) seems like a fairly non-threatening way to learn some of his wisdom.
Personally, I think you need to mix’n’match some of these methods to have a bats-chance-in-hades of making your Large Number / Soon Date.
On the other hand, I’m all for marrying into wealth, but who’d have me? 🙂
Adrian,
It looks like an interesting book- I’ll see about reading it.
>Personally, I think you need to mix’n’match some of these methods to have a bats-chance-in-hades of making your Large Number / Soon Date
I’m not so sure… I liked Ken’s suggestion to pick the path that most appeals to you and switch later if it doesn’t work.
Because many of these paths seem so time consuming that you could not do both at once. Could anyone be a CEO of a corporation and run their own business well?
Of course you can always be frugal and marry well on the side…
-Rick Francis
I read one of his other books “The only three questions that count” a few years ago and found it moderately interesting – primarily for reminding me to routinely challenge anything that anyone says in the investing world.
“I’m not so sure…”
@ Rick – That’s why you’ve got somebody who is ALREADY a multi-millionaire (that would be me) telling my aspiring multi-millionaire readers (that would be you) how it is REALLY done.
e.g. if you don’t divert a good chunk of your business cashflow into long-term investments (rent-paying R/E is absolutely ideal) you are taking a helluva chance that your business on its own can sell for your Number
… and, as just one other example, if you don’t create some business/investments/assets of your own during your “rich bitch” marriage, then you are taking a huge chance that you’ll be her last husband ’til death do you part 😉
Agree with you on the time-thing: one active source of income + one or more ‘passive’ investment strategies (refer above for examples).
Extremely interesting. You have read the book he wrote? would you suggest it to others?
Is he rich, and has he followed his own advice. thats the first question I think that would apply here.
@Steve – Ken Fisher is rich – he has appeared on the Forbes 400 list of the richest Americans. IIRC, his main source of wealth is his asset management business.
@Adrian – I agree 100% with the one active source of income + one or more passive investment strategies approach. It’s working for me.
@ Traineeinvestor – In that case, I think you agree 100% + x% 😛