Comments for 7million7years

Comment on The myth of asset allocation … by Adrian

Adrian — Tue, 06 Dec 2016 12:04:33 +0000

Save 10% of your income, first to pay off expensive (eg credit card) debt, then to bankroll your first business or real investments.

Comment on How do I multiply my money? by Adrian

Adrian — Tue, 06 Dec 2016 12:02:31 +0000

The only investment that I would recommend that has any chance of returning 100x in 3 years, yet has very little downside, is investing in your own education (financial &/or vocational).

Alternatively, invest some (not all) of the money in starting an online business … whether it succeeds (unlikely, for your first business) or fails (much more likely), you will have gained a wealth of entrepreneurial experience and education for a very small cost.

Comment on How do I multiply my money? by robert johnson

robert johnson — Sat, 12 Nov 2016 21:24:55 +0000

is there any investment that could go up 100 times or more within 3 years as I only have small amount to invest maybe you know a super great investment the internet is full of lying scams thank you

Comment on Is a college degree worth it? by Is a College Degree Worth the Investment?

Is a College Degree Worth the Investment? — Wed, 13 Apr 2016 09:45:18 +0000

[…] Cartwood, a blogger at 7million7years.com, questioned about the extra 4 years a high school graduate has in the workforce while the college students are […]

Comment on The myth of asset allocation … by Ansh

Ansh — Wed, 03 Feb 2016 16:44:47 +0000

Loving the website Adrian!

Quick question – Can you please elaborate on point 1:

1. Building up the largest ‘starting bank’ that you can.

Comment on A 10 minute primer on how to get rich? by Atypical Finance – The Top 10 Financial Tips I’ve Learned from Others (Plus One of My Own) That Have Changed My Outlook on Finances

Sat, 05 Dec 2015 04:55:52 +0000

[…] out how much you will need to retire – 7million7years. One great point that the author of 7million7years.com brings up is the cost on inflation of your […]

Comment on How do I multiply my money? by Atypical Finance – The Top 10 Financial Tips I’ve Learned from Others (Plus One of My Own) That Have Changed My Outlook on Finances

Sat, 05 Dec 2015 04:51:24 +0000

[…] Returns Chart – 7million7years. To be clear I don’t advocate everything Adrian, the founder of 7Million7Years, says on his […]

Comment on Why did Warren Buffett buy half a dozen MLM companies last year? by Betty Bowens

Betty Bowens — Wed, 11 Nov 2015 15:35:59 +0000

There are Network Marketing Companies that can bring you income, if you are willing to work, the same as you would in any other business. Building Team Members is not a Pyramid. It is simply adding people to your team to help grow and make your business and their business successful. It is ALL about helping one another accomplish DESIRES AND GOALS to obtain a better life for them and their families. Maybe there are some illegal, pyramid scheme companies, but if you enter into them, it’s your fault because you did not do your research on those companies. It is such a blessing for me to help others venture into, not a new way of doing things, but a better way and more profitable way in the long run.

Comment on What to do when $10m drops into your lap … by Adrian

Adrian — Sat, 24 Oct 2015 05:28:18 +0000

@ Mike – Ditto. Great strategy for building wealth (although, the Dalbar Study shows that the vast majority of people panic in a crash and withdraw their money … hell, I’ve done this & I [should] know better). Too scary for my little heart in retirement.

Comment on What to do when $10m drops into your lap … by Adrian

Adrian — Sat, 24 Oct 2015 05:25:55 +0000

@ Joseph – if $25k / mth is 4 x your Number, cash is king 😉