Monthly Archives: February 2008

Building Wealth is like a Fine Wine

Building Wealth is Like . . . Watching a Plant Grow Losing Weight Graduating from College Raking the Leaves or Shoveling Snow Constructing a Brick Building Watching Your Children Grow Getting through Airport Security Writing a Novel A Finely Aged Wine Millionaire Money Habit: Building wealth is a process that slowly cultivates. Although each contribution

Response to Reader: What is a Roth 401k?

A reader posted the following comment on Maximum Allowable 401k Contribution: “Curious what your thoughts are on Roth 401k’s? Thanks!” Good question, Marjory. Let me see if I can answer your question as clearly as possible. First, let’s define what a Roth 401k, or Roth-K for short, really is. If you are familiar with a

10 Mistakes Investors Make and How to Avoid Them

Last week, subscribers of In the Money newsletter got a sneak peak at my new special report, 10 Mistakes Every Investor Makes and How to Avoid Them. I want to thank all of you who sent me feedback after reading this report. I do read every email I receive and appreciate all of your contributions

Recommended Readings for 2/24/08

Here is a list of some of the best personal finance articles from my favorite personal finance websites. To kick start your week, spend some time digging through the Millionaire Money Habits archives and the links below to improve your financial literacy and increase your net worth. Investing: 3 Effective Option Strategies to Soften The