There are so many things to cover over the course of this blog's lifespan. It is part educational and part diary, because as I write I am implementing ideas.
As a financial adviser, and former lawyer, I have seen many wealthy people come into my office. There are frequently vast differences in how they arrive at their wealth. Some people have great jobs and average savings habits, and those people can accumulate significant wealth.
Some people have more mundane occupations and businesses, and yet they can accumulate unbelievable wealth.
This blog seeks to examine the ways that the more mundane occupations achieve significant wealth, because the people with high paying occupations can use the same methods to grow their money.
Some of the topics we will examine are: the time value of money, diversification, asset allocation, stock investing, ways to goose stock investing, ways to achieve passive income, and ways to measure whether an investment is a good opportunity or not.
With that intro, I'd like to start my first "real" post...
I am a Chicago-area financial adviser to young doctors & business owners.