Monday, April 12, 2010

On Wealth Accumulation and Inheritance

While most of us are busily engrossed in our oh-so-American habit of trying to accumulate unbounded wealth, it is instructive to remind ourselves of the words of philanthropic wisdom penned by Andrew Carnegie more than a century ago:
"[T]he duty of the man of wealth . . . [is] to set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent upon him; and after doing so to consider all surplus revenues which come to him simply as trust funds which he is called upon to administer . . . to produce the most beneficial results for the community." (Andrew Carnegie, from essay on "Wealth" published in the North American Review, 1889)
A quintessential living example of Carnegie's model philanthropy of 1) living frugally, 2) providing modestly for the material well-being of family members, and 3) giving the remainder back to the community, is Chuck Feeney, the so-called "billionaire who wasn't":
"He was prepared [in 1997] to reveal his secret to the world, that he was not a billionaire, as he was usually referred to in the business pages, and that he had long ago given everything, including his DFS [Duty Free Shoppers] shares and his businesses, to his two philanthropic foundations, the Atlantic Foundation and the Atlantic Trust, based in Bermuda. He was personally worth less than $2 million, a fact known only to a tight circle of family and friends. . . ." (excerpt from Conor O'Clery, The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune, 2007)
Apparently, at least for Feeney in 1997 at the age of 65, less than $2 million out of his $4 billion fortune is all that he felt necessary to retain to assure his (and his wife's) own personal financial security during the remainder of their lifetime.

Taken together, the above two quotes on philanthropy provide what I consider to be valuable ancillary guidance on inheritance, particularly for any parents deliberating over how much wealth to leave to their children:

a. "Provide moderately for the legitimate wants of those dependent upon [them]": Though Carnegie is not more specific on this point in his "Wealth" essay, it seems fair to interpret "legitimate wants" to range from basic needs to a modest though comfortable lifestyle, and "those dependent on [them]" to refer to children of minor age and any dependents of majority age in need of funds due to illness, unemployment or other significant financial setbacks in life;

b. "Less than $2 million": If a person who made not "just" millions but billions of dollars can feel secure retaining less than $2 million in personal wealth, then we can reasonably infer that anyone outside of this rarified circle of billionaires ought to require no more than $2 million to feel materially content. In other words, we should interpret $2 million as an upper limit on the total amount of accumulated wealth that a single individual or married couple could possibly require to meet personal needs, including whatever earnings and savings they are able to realize through their own efforts prior to considering any inheritance.

The implication here is that parents should not feel obligated to bequeath to their children any more than $2 million minus whatever the children are able to accumulate through their own careers, and for children with high earnings power this means no inheritance whatsoever is in order. As Carnegie states, most giving spreads "a spirit of dependence on alms, when what is essential for progress is that they [the recipients] should be inspired to depend on their own exertions." In an even earlier age, Plutarch issued the warning, "he that first gave thee money made thee idle, and is the cause of this base and dishonorable way of living."

My own view is that the best gift that parents can provide their children is making sure that the children learn by the time they reach adulthood how to educate themselves, earn their own living and save for retirement through their own effort and ingenuity, without counting on any inheritance to be forthcoming from parents or the proverbial "rich uncle." Large gifts of money and assets unfortunately subject recipients to the risk of reduced motivation and deflated self-esteem, arguably to a larger extent than providing any real benefit to their material well-being. After children reach adulthood, parents should, while continuing to offer open-minded and big-hearted emotional support, provide for their children (and grandchildren) not much more than a financial safety net, similar in substance to temporary unemployment benefits--all in the spirit of, as Carnegie put it, "helping those who will help themselves."

390 Comments:

Blogger Robert Wasilewski said...

I agree. In fact, I believe for many people, making it on their own is a great sense of satisfaction. If you have a name or money you're never quite sure, in a lot of areas, how far you would have gone on your own or whether your friends are really friends.
I recently read an article about some ultra wealthy people arguing that they should be more heavily taxed. Fits in with what you are saying.

10:25 AM, April 13, 2010  
Anonymous invest4ff said...

I agree with your opinion as well. Parents should teach their children "How to Think". I really recommend the book by Napoleon Hill: "Think and Grow Rich". The only different between a successful person and an also-run is the way they think.

6:15 AM, April 19, 2010  
Anonymous mutual fund investment said...

Really nice post every guardians should teach about investment so that they can succeed in feature. :)

10:42 PM, April 20, 2010  
Anonymous Katherine said...

I do agree also with you robert. i myself can say that people really do thinga that will satisfy them/

8:03 AM, April 24, 2010  
Anonymous stock market investing guide said...

I have never received an inheritance but when I have children I would love to leave them something.

2:37 PM, April 24, 2010  
Anonymous Alice Van-Weed said...

if more rich people are like him, then more poor people could live better lives..one thing also is that poor people should also be taught financially so that they can work on the whatever amount they possess after all some rich people came from poverty..

9:22 AM, May 12, 2010  
Blogger Juan Carlos Moya said...

Interesting article before attaining any fortune we must be mentally prepared and modesty and unostentatious living, are great examples that we have to remember I'm my self on my path to become Millionaire and I always think how am I delivering to my kid...This article gave me some good insights. congratulations and welcome to read my blog:

http://millionairedad.blogspot.com/

1:53 PM, May 13, 2010  
Blogger Unknown said...

Very nice blog and Great Postings, i have bookmarked it.
Thank You.
Regards

Intraday Nifty Tips

10:13 AM, May 14, 2010  
Anonymous Baltimore Investment Management said...

Interesting take for interesting times. I agree with your suggested approach in managing and handling wealth, but I wonder if it's too tall an order to expect people to think of others before their own families. Now more than ever the financial uncertainty of future generations is unpredictable, so those with wealth might be a little more tight-fisted in their efforts to keep it in the family. Being involved in baltimore investment management, I do see people taking heed of your message though, so I could be reading it a little too skeptical.

9:57 AM, May 17, 2010  
Blogger gfxfunds said...

GFX Global FX, Managed Forex Accounts

Thank you for writing this post we have shown it to our managed traders.
Letting them know to always keep learning because knowledge is the key to a good trading
and wise investments

3:35 AM, May 19, 2010  
Blogger gfxfunds said...

GFX Global FX, Managed Forex Accounts

Thank you for writing this post we have shown it to our managed traders.
Letting them know to always keep learning because knowledge is the key to a good trading
and wise investments

3:36 AM, May 19, 2010  
Anonymous RLS said...

Interesting article. It is very important to teach our youth regarding these principles.

2:35 PM, June 05, 2010  
Anonymous Anonymous said...

have free INTRADAY TRADING TIPS DAILY

visit http://onlinetradingttips.blogspot.com/

3:26 AM, June 10, 2010  
Anonymous Jen Stone said...

Hmm.. I'm thinking some visuals to make the read less taxing? But otherwise good content mate :)
That said, you should check out http://on-aroll.blogspot.com
Pretty interesting..

11:08 AM, June 21, 2010  
Anonymous 22 Savage Stocks said...

Agreed that people are making it well off on their own however it is some times good to have someone that you can fall back on when your confused or lost about your next action you should or want to take.

11:23 AM, June 23, 2010  
Anonymous Unstoppable Family said...

Your blog is awesome was just doing google search and found you. I will most defrss you so I can stay up with your new posts. Hope all is well with you and keeping posting as often as you can. Me and my family are currently on 3 year trip around the world. We have had a lot of crazy adventures and now on month 18. Come check us out.

Unstoppable Family
Brian and Rhonda Swan

12:35 PM, June 30, 2010  
Anonymous lorence said...

A peerless investment will significantly change the future of the investor. That’s the reason why in some well developed states like the illinios people are showing interest in investing.

3:58 AM, July 01, 2010  
Anonymous lorence said...

Safe investments will help the investor to lead help peaceful life in the future. The low risk investments are safeguarded investments which will help the investor feel financially secured.

3:42 AM, July 08, 2010  
Blogger Ivan Cavric said...

Nice Post, your opinions are quite accurate.
Ivan Cavric

8:19 AM, July 09, 2010  
Anonymous Eddie said...

Wow.. I agree.
You know, Balkans.com Has another intresting article you should check out, their invesment and business site is pretty cool:
http://www.balkans.com/

12:56 PM, July 20, 2010  
Blogger Daneil Fletcher said...

Erkin Bekbolotov recently graduated MBA looking to join an investment firm to pursue M&A activity. At night, I play Bass.

1:03 PM, July 22, 2010  
Anonymous Forex Automoney Reviews said...

I don't think that you can put a figure (like $2 million) as a general rule for the amount needed for one person (or couple) to live out their lives. I certainly agree that parents don't have an obligation to deny themselves of the money that they've accumulated thru their lifetime of work. Children, if raised with the proper outlook on life, will be able to take care of themselves.

A reverse issue, however, is where you are ready to retire, figure that your children can take care of themselves, but forget to consider elderly parents who may need financial assistance or support. There is nothing worse than setting aside sufficient funds to help parents until they turn 90, and then suddenly find themselves planning a 100th birthday party.

8:12 PM, July 23, 2010  
Anonymous Anonymous said...

Pay for nothing! Come to dosomethingstupid.com

1:46 PM, July 29, 2010  
Blogger raisinglittlehawkeyesinkc said...

I agree. Thank you for the post.

11:19 AM, August 10, 2010  
Anonymous Research Term Papers said...

That’s a great post thanks for your time very interesting, good work.

9:54 PM, August 11, 2010  
Blogger commoncents said...

THANK YOU for posting this! I really like your blog!

Steve
common cents
http://www.commoncts.blogspot.com

5:37 PM, August 12, 2010  
Blogger Michael Crosby said...

What a wonderful article about wealth and two great men--Andrew Carnegie and Chuck Feeney. I had to buy the book.

I just love how the internet can inspire me and stretch how I think. Again, thank you for your ideas.

I went through all the comments too. It was a bit disheartening how many use your post to advertise themselves.

3:58 PM, September 18, 2010  
Blogger FXOpenIndia said...

With technology, investment can be easier.

7:12 PM, September 28, 2010  
Anonymous UK investment said...

Thank you for posting this!

8:40 PM, September 30, 2010  
Blogger Unknown said...

Trying to find a job or a business that could work for you, especially nowadays, is like trying to find a needle in a haystack. Even if you find one, the question is will it work and will it let you earn the money that you need? Well I guess there still one that would certainly help and that is called Purity12. Their products can help you maintain your health, beauty and wellness and let you become a millionaire. Together with a strong online marketing team you definitely won't go wrong. It’s something that I discovered myself. Learn More

7:43 AM, October 15, 2010  
Anonymous Do it, invest said...

I appreciate the wisdom of trying to make masses realize more and more that spending is not the only way to build the US economy. As mentioned on doitinvest.com many times, every well rounded investor should start to save something as a legacy... your words are nice.

12:37 AM, October 23, 2010  
Anonymous Investment said...

Your article really help me in finding ways in managing my finances. I am looking forward to your other information about investment.

2:52 AM, November 04, 2010  
Anonymous Robin said...

Well written!

2:18 PM, November 07, 2010  
Anonymous Investment Properties said...

I think we can all learn something from this. Personally, I am extremely impressed that someone that made that much money would just give it all up, save for what they needed for the rest of their lives. Too many people are focused on "living it up", and having every material comfort known to man.

6:08 PM, November 11, 2010  
Anonymous share tips said...

I like your website very much
you give such a nice knowledge

10:10 PM, November 12, 2010  
Blogger untung budiono said...

I agree with you.
I think it must be to share in the school of bisnis. Thanks.
www.financialinvestingtrick.blogspot.com

7:30 AM, November 17, 2010  
Blogger Unknown said...

This comment has been removed by the author.

1:25 AM, November 25, 2010  
Blogger Unknown said...

hi....thanks for the blog post.As every body should have knowledge about investment so that they can get success in futureClosed Loop Recycling

1:28 AM, November 25, 2010  
Blogger Unknown said...

I am also agree with this fact.
Thanks for share this article.
this my site Investment Guidelines abt investment.

11:04 AM, December 02, 2010  
Anonymous Homeschool College Student said...

I agree that 2 million is more than a sufficient amount of money. Wisely invested, it should earn $100,000 per year.

6:14 AM, December 16, 2010  
Anonymous imobiliarias alegrete said...

very very good...

4:01 PM, December 21, 2010  
Blogger Unknown said...

A quintessential living example of Carnegie's model philanthropy of 1) living frugally, 2) providing modestly for the material well-being of family members, and 3) giving the remainder back to the community, is Chuck Feeney...for more details covered call screener

12:33 AM, December 22, 2010  
Anonymous Mutual Funds said...

Thank you for writing this post we have shown it to our managed traders.
Letting them know to always keep learning because knowledge is the key to a good trading
and wise investments

4:41 AM, January 14, 2011  
Blogger OTC News Buzz said...

I do see people taking heed of your message though, so I could be reading it a little too skeptical.

This article gave me some good insights. If you like penny stocks or some more info or then take a look here, might be of some interst to you also..

Thanks

Chris

10:24 AM, January 17, 2011  
Blogger Asep Setiawan said...

We pay $0.25 - $2.5 daily for all monitoring service & 5% for reff. bonus.

Add ShareFXInvestment.com to your website then confirm your LR account.

More info please contact to temp. mail :
sharefxinvestment@yahoo.com

Thank you for all,
William
www.ShareFXInvestment.com

10:36 AM, January 24, 2011  
Blogger Asep Setiawan said...

We pay $0.25 - $2.5 daily for all monitoring service & 5% for reff. bonus.

Add ShareFXInvestment.com to your website then confirm your LR account.

More info please contact to temp. mail :
sharefxinvestment@yahoo.com

Thank you for all,
William
www.ShareFXInvestment.com

11:22 PM, January 24, 2011  
Anonymous investment firm said...

Those who earn the money, understand how it works, where it comes from, and perhaps, get more.

8:32 AM, February 20, 2011  
Anonymous Switzer share investment advice said...

Really nice and useful post here. For my parents, they already told me that later on they will not have any inheritage for me. They are giving nearly everything now for my study. I think they are right, there are just too many things that I have already got from them. Thanks for sharing

10:27 PM, February 22, 2011  
Anonymous Investment Advice said...

Inheritance is a very important issue for some, not as much for others.

Is the "Death Tax" still in effect or did they do away with it?

10:46 PM, February 25, 2011  
Blogger John Kolb said...

This comment has been removed by the author.

8:46 PM, February 26, 2011  
Blogger John Kolb said...

Great post, seems like its been awhile since you last posted, would like to see some more! Check out my blog if you get a chance and let me know what you think. Investing and Penny Stock Blog

8:48 PM, February 26, 2011  
Blogger mandela said...

As home ownership in the UK has grown and matured, aspects of wealth and inheritance have become an important dimension of housing debates. In political and policy discussion it has been claimed that a higher level of home ownership will produce a more democratic pattern of wealth holdings and will have significant intergenerational effects as regards wealth transfers. In sociological and social policy debates, wealth in the form of owner occupied dwellings is seen as a major developing social divide between the haves and have nots with important implications for the social structure of the UK. This paper reviews the available evidence and argues that the pattern of wealth accumulation and transfer is likely to be socially and spatially uneven, that the pattern will vary overtime and that eventual outcomes are more complex and less predictable than some previous analyses have allowed.
auto insurance quotes

6:06 PM, March 04, 2011  
Anonymous Anonymous said...

With all of the money that I have been receiving from my relatives, my parents are pushing me to learn the best ways to manage my money. It's important to respect the hard work that my grandparents put in to earn this money. I've been reading a lot of finance and investment blogs to see what others are doing to manage money. Thanks for the great blog! I will be back again to check it out.

9:40 AM, March 07, 2011  
Anonymous akbar said...

really nice post.. very informative

and remember me in your prays..

4:08 PM, March 18, 2011  
Anonymous managed futures said...

It doesn't hurt that we live in a capitalistic society and we teach nothing about the tools of capitalism in our schools. I don't think it has to be a huge challenge. Of course your posts are right on the money as usual.

8:49 AM, March 28, 2011  
Blogger Unknown said...

Hi Lloyd! This is Mari, a house mate from Roppongi. Keep in touch on FB, Skype: Behappymari. I look forward to hearing from you! In Gratitude & unconditional Love
http://www.facebook.com/profile.php?id=1282819323

10:22 PM, April 02, 2011  
Blogger LVForeclosures said...

Thanks a lot for posting. The information is really helpful with my research. Las Vegas Foreclosures

11:19 AM, April 28, 2011  
Anonymous Angel Clark said...

Somehow agree partially.

What's your opinion on Gold investments? Can't we get a better future for our kids by investing in Gold?

1:13 PM, May 02, 2011  
Anonymous Kuba Jewgieniew said...

Your post is really informative and interesting. Thanks for sharing anyway.

1:13 PM, May 02, 2011  
Anonymous independent financial advisor said...

Giving too much money to someone who has not had to earn it can be counterproductive in that person’s life

6:11 AM, May 03, 2011  
Anonymous Cape Coral Properties said...

Wonderful goods from you, man. I've understand your stuff previous to and you're just too great.

5:38 AM, May 05, 2011  
Anonymous Real Estate Attorney Miami Beach said...

I read blog above and find useful information about investment.

12:36 AM, May 07, 2011  
Anonymous Cape Coral Rental Management said...

I like your blog post.I can't wait to read much more from you. This is really a terrific website.

7:29 AM, May 09, 2011  
Anonymous Baltimore Nightlife said...

This is a smart blog. I mean it. You have so much knowledge about this issue, and so much passion. You also know how to make people rally behind it, obviously from the responses. You've got a design here thats not too flashy, but makes a statement as big as what your'e saying. Great job, indeed.

1:07 PM, May 09, 2011  
Anonymous Las Vegas Luxury Homes said...

Had to sort through a lot of comments, however I absolutely enjoyed your post.

7:52 AM, May 10, 2011  
Anonymous Mike said...

Hey, how could I become a writer for your blog?

7:47 AM, May 20, 2011  
Anonymous Anonymous said...

By lending Lyn in the Philippines only 25 dollars, you can significantly improve her life and her welding shop business. Thank you for participating!

http://www.kiva.org/lend/306975

Through supporting Lyn, you are also helping us out with a Web 2.0 project for a course at UC Berkeley. The money is being transferred and paid back to you by Kiva, an organization that connects people in order to alleviate poverty. Kiva lets you choose yourself which entrepreneur you want to sponsor.

Lyn is a hardworking entrepreneur who has had a welding shop business in the Philippines for 6 years. She also earns income from pig fattening. Lyn, who has been sustaining her business activities through her own efforts, now need to buy more materials and tools for her welding shop. She dreams of saving enough to provide a secure future for her family.

11:09 PM, June 14, 2011  
Anonymous Anonymous said...

Check it out! http://illuminatiinvestments.blogspot.com/

2:09 PM, June 16, 2011  
Blogger Stephen World said...

i completely agree with you.. So great artice
thi truong bat dong san

6:53 PM, June 24, 2011  
Anonymous Dave said...

I think this is a great article! You can notice how each generation removed from the wealth creator is a little less serious and little more lazy than the previous.

1:51 PM, June 27, 2011  
Anonymous Playtex Bras said...

It's nice to know that there are people like you who freely share information like this. Keep writing. Playtex Bras

9:29 AM, July 04, 2011  
Anonymous Simona Sanders said...

Reduced motivation and deflated self-esteem ----> great synopsis of what is most likely to happen. I am a firm believer to helping those that are helping themselves.

8:53 AM, July 06, 2011  
Anonymous West Chong said...

I agree 100%. Children should not be spoiled by giving them a handicap, it just wouldn't be good for them. Thanks so much for your post. Being involved in my blog has really opened my eyes to the amount of quality information out there, and I am totally adding you to the list of reliable information I check. :)

2:20 AM, July 21, 2011  
Anonymous Anonymous said...

for investment, mutual funds & equity advice please visit http://goodfundsinvestmentadvisor.blogspot.com

11:20 PM, August 30, 2011  
Anonymous Ryan Parker said...

Hello there,
I was wondering if you are open to the concept of sponsored blog posts or reviews for your site.

If you are, can you please email me at rparker@asiadeep.com for us to further discussions.

Thanks.

Ryan E. Parker

11:49 AM, September 27, 2011  
Anonymous Green Mountain Realty said...

What a great article and so much great information to consider.

4:05 AM, October 15, 2011  
Anonymous Anonymous said...

I love all of your information but with the economy the way it is you need a reliable solution that is proven to work. I have recently invested my money in this company and have gotten back way more than I could ever imagine. http://tiny.cc/uj3r9 Go to this link to see what I am talking about. Now is the time to invest since the only way the market can go is up. Time to dig deep and make big bucks off of this recession.
Best,
Will

4:33 PM, October 15, 2011  
Blogger Unknown said...

Nice post .... keep posting such topics, they are very informative. Thank u
For Intraday Tips Visit my Blog:
http://accurate-sureshot-stock-tips.blogspot.com

2:03 AM, October 18, 2011  
Anonymous www.avila-3d.com said...

It will not succeed in actual fact, that is what I think.

12:56 AM, October 24, 2011  
Anonymous David said...

Special offer for a person from India, Malaysia, Singapore, Brunei, UK, USA, Thailand, Australia, Filifina, Korea, and Any Country

Who is interested to join in this business that I offer, I will register it and directly activate the LV basic package $10, but on condition that must be actively developing a network your Country

Please send a message on email at investasigoldku@yahoo.com after joining will be sent the file about this business.

http://en-lexusventure.blogspot.com/

http://en-lexusventure.blogspot.com/p/percentage-about-lexus-venture-limited.html

5:31 AM, October 24, 2011  
Anonymous Anonymous said...

Ayala Land Premier

Buy and Sell

1:09 AM, October 26, 2011  
Anonymous Penny stock newsletter said...

I have a web site where I give advise on penny stocks and stocks under five dollars. I have many many years of experience with these type of stocks. If their is anyone that is interested in these type of stocks you can check out my web site by just clicking my name. I would like to take a moment to talk about low price stocks not classic penny stocks or stocks under one dollar the term most people most often think of when the word penny stock is used. Their are companies of really decent quality trading under five dollars’ but for every one company trading under five dollars that is of decent quality their are maybe ten of poor quality. So the really big difference between those investors that are tremendously successfull when it comes to investing in low price stocks and those investors that lose enormous amounts of money investing in stocks under five dollars’ is having a great deal of knowledge and experience when it comes to low price stocks’ or having a total lack of knowledge and experience when it comes to low price stocks. Finding quality stocks under five dollars requires a lot more research than finding a decent stock above ten dollars.

9:01 PM, October 29, 2011  
Anonymous buy and sell said...

..I agree too.I believe for many people, making it on their own is a great sense of satisfaction.Parents should teach their children "How to Think".

-maica

12:24 AM, November 17, 2011  
Anonymous web design said...

I agree with that, Parents should teach their children because knowledge is the key to a good trading.


melanie

1:52 AM, November 18, 2011  
Anonymous Properties Philippines said...

thank you for this informative story

- nina

6:48 PM, November 20, 2011  
Anonymous SMDC said...

I really like this blog. it's so informative.. thank you for sharing.. more powers for you!

-bey

12:33 AM, November 21, 2011  
Blogger ♥April Monique♥ said...

thank you for all the information, This will help others, more power!

-april

condo

10:06 PM, November 24, 2011  
Anonymous ipad for sale said...

I wonder how you got so good. This is really a fascinating blog, lots of stuff that I can get into. One thing I just want to say is that your Blog is so perfect! More powers to your blog. keep posting!

ipad for sale

10:13 PM, November 28, 2011  
Anonymous galaxy tab for sale said...

That was interesting.I like your quality that you put into your post.Please do continue with more like this.

-Erika

8:37 PM, December 01, 2011  
Anonymous Rick said...

If you had advanced notice of the Dot Com Crash of Monday, March 13, 2000, and more importantly, “guidance” on how you could fully leverage the event, how different would your life be today compared to just ten years ago?

The largest and most rapid transfers of wealth in the history of the world have always occurred during massive economic change, and we are at the doorway of change unlike anything that has ever been experienced.

This is great news for you, if you have the right information and guidance.

Here’s a video that maps out the single greatest opportunity of your lifetime...

9:05 PM, December 05, 2011  
Anonymous Rick said...

If you had advanced notice of the Dot Com Crash of Monday, March 13, 2000, and more importantly, “guidance” on how you could fully leverage the event, how different would your life be today compared to just ten years ago?

The largest and most rapid transfers of wealth in the history of the world have always occurred during massive economic change, and we are at the doorway of change unlike anything that has ever been experienced.

This is great news for you, if you have the right information and guidance.

Here’s a video that maps out the single greatest opportunity of your lifetime...

http://theelevationgroup.net/yearinreview/index.php?a_aid=18e41768&a_bid=418a665e

9:07 PM, December 05, 2011  
Anonymous american eagles said...

400% profit is pretty extreme

12:09 PM, December 13, 2011  
Anonymous Life Insurance Policy said...

It is something below expectation.

4:06 AM, December 20, 2011  
Anonymous Web Design said...

Hi there, Nice Blog You've got here
spreading information like this was important thank you for sharing!

-Ely

12:20 AM, December 29, 2011  
Anonymous Penny stock news said...

All this is happening is by chance and luck really matters in it and the easiest way is just to forecast although the previous fact and figures really matters.

8:28 AM, January 02, 2012  
Anonymous Elaro said...

Nice Post! Thank you for sharing this informative article.. Nice to know this.. Keep posting! More Powers..

12:30 AM, January 04, 2012  
Anonymous Anvaya Cove said...

your article are very informative
good for you and for everyone it helps a lot thanks for sharing!
Godbless you

-Jhen

11:46 PM, January 09, 2012  
Anonymous Santierra said...

your article are simple, but if you read it carefully you will get a very informative idea's.. thank you for sharing this.. more powers to your blog.. keep posting!

- May of Santierra

10:06 PM, January 10, 2012  
Blogger Jackie said...

Great post! This Article are very helpful for us, Thank you for this informative article. It is almost perfect! Continue posting. GodBless.

- Jackie of Serendra

1:02 AM, January 12, 2012  
Anonymous farmland investment said...

I am absolutely much prefer to make it on my own!

10:33 AM, January 13, 2012  
Anonymous Anonymous said...

This is an email, not a comment.
-------------------------
Have you seen my website
Moving-Earth DECEPTION!!

http://sites.google.com/site/earthdeception

Kind Regards,
Bernie

9:48 AM, January 14, 2012  
Anonymous Anonymous said...

Read a lot of blogs specially interesting ones like your blog, Good post!I accidently found your site on the internet, I am going to be coming back here yet again.Love Information Is Beautiful. Keep posting!

- Florence from Ayala Project

6:49 PM, January 18, 2012  
Blogger vivekcis said...

Nice post. However investment training is very essential to have a successful business.

12:11 AM, January 19, 2012  
Blogger Marx said...

These articles are fantastic, The information you show us is interesting for everybody and is really good written, very informative. It’s just nice! continue posting. Thanks!

- Marx of Nuvali Commercial Lots

12:15 AM, January 19, 2012  
Anonymous Anonymous said...

Take my free beginner investment course here, at http://upsidesurprise.blogspot.com. Build on this!

9:01 PM, January 31, 2012  
Anonymous commercial factoring said...

well this is well written post and i agree with writer's point of view.

10:59 PM, January 31, 2012  
Blogger ♥April Monique♥ said...

Thank you for all the information, keep on posting and more power to you.



Monique of Ayala Greenfield Estates

10:08 PM, February 02, 2012  
Anonymous Investment Professionals said...

I appreciate you. This is interesting information provided in this post. Go to the link below to know something about Investment Professionals.
http://lemoncapital.co.uk

1:27 AM, February 03, 2012  
Anonymous Ayala Westgrove Heights said...

Thank you so much for taking the time to share such a nice information.

- Lanie

10:27 PM, February 07, 2012  
Blogger joy reyes said...

This comment has been removed by the author.

6:08 PM, February 08, 2012  
Blogger JerryK said...

As long you don't invest with money you don't have I think that investing in thebest penny stocks is an extremely good idea. You can really get money to help you in the future. So if you can afford it, go for it.

3:45 PM, February 10, 2012  
Anonymous Investment Professionals said...

I appreciate the information provided by you. This is interesting information provided in this post. Go to the link below to know something about Investment Professionals.

http://lemoncapital.co.uk

9:27 PM, February 10, 2012  
Anonymous Business Plan Writers said...

Hi, to me most important trait is "willingness to work hard". It’s really important you have right determination to succeed and work hard for your vision, for your goals and objectives.

1:23 AM, February 15, 2012  
Anonymous Jessica said...

All these investment advisory services lead to wealth--which isn't bad, of course! But like you said in your post, you need to watch out and make sure that it's not controlling you! Thanks for this post, Lloyd! Looking forward to more.

9:50 AM, February 15, 2012  
Anonymous Spur98 said...

I recently read an article about some ultra wealthy people,The only different between a successful person

7:10 PM, February 21, 2012  
Anonymous MyanmarHousing said...

<a href="http://www.myanmar-housing.com>Myanmar Housing</a>

The Biggest Real Estate Web Portal in Myanmar !

7:40 PM, February 21, 2012  
Anonymous Platinum ETF said...

Indeed. How about just leaving your kids some investments in precious metal, like gold or platinum? It sure seems to be a better and more secure investment than cash these days.

9:37 AM, February 22, 2012  
Anonymous robert said...

i like this blog...
Oklahoma Jobs | Careers & Recruitment at Jobscharger.com
http://www.jobscharger.com/JobState/-Oklahoma-.html

9:39 AM, February 22, 2012  
Anonymous Spread Betting Tips said...

I agree, I noticed it at uni where those who were able to teach themselves in an independent environment did best and went on to get the best jobs.

7:41 AM, March 05, 2012  
Blogger ♥April Monique♥ said...

I would like to tell you that you have given me much knowledge about it. Thanks for everything. Keep Blogging!

-april

buy and sell

8:49 PM, April 01, 2012  
Blogger Soluções Anti-crise! said...

Hello
Join the largest system of making money online and get $ 10 to test the system!
Visit us and attend conferences, get all your questions and see how everyone is happy!
No system is pyramid or multi-level and already has over 400,000 members!
We are waiting for you!

7:06 AM, April 14, 2012  
Blogger jacobmontereal said...

Interesting views. Thanks for blogging about this. Wish I saw this post earlier.

investment philippines

8:53 PM, April 19, 2012  
Blogger Unknown said...

I agree with your article

2:57 AM, April 26, 2012  
Anonymous Anonymous said...

Interesting reading, and I agree

stockprofessionals@gmail.com

2:45 PM, May 04, 2012  
Anonymous Mortgage Club said...

I also absolutely agree with you. Safe investments will help the investor to lead help peaceful life in the future. I read your post it is very informative and helpful post.

2:28 AM, May 21, 2012  
Anonymous investment management software uk said...

This is a great story about how 2 formidable men saw the "right" way to live. I am just starting out as an investor and I hope that I will be selfless enough to donate if I ever make lots of money. I have started using the kind of investment management software UK sites offer and maybe my first million is just round the corner

6:11 PM, May 24, 2012  
Anonymous Anonymous said...

Your $$$ Making $$$

No recruiting! No qualifying! No Posting Ads!

Just fund your account and earn 7% a day 5 days a week!
It's fun to see your $$$ Making $$$

Go to this link now and checking out!

http://Royalty7.com/ref=ProsperUs

It is the easiest Money you will ever make :D

8:29 PM, May 28, 2012  
Blogger Unknown said...

This comment has been removed by the author.

4:32 AM, May 29, 2012  
Blogger DENICE said...

Thanks for sharing the information; you have mentioned good ideas for investment. I invest with Stephen Dattels . Always get good results.

4:37 AM, May 29, 2012  
Blogger Unknown said...

I wonder if I will receive an inheritance from my parents but I am really delighted to learn more about it.

Ed Butowsky

11:37 PM, June 07, 2012  
Blogger Unknown said...

Excellent and inspiring tips I like your post and it really gives an outstanding idea that is very helpful for all the people on web.
It's glad to see good information being convey. Its a very nice written, and I really like this blog. Thank you for sharing this info.

Regards: MCX Tips, NCDEX

12:33 AM, July 02, 2012  
Blogger Nishi said...

You made some good points .I did a little research on the topic and found that most people agree with your blog. Thanks.
Regards
share market tips

3:27 AM, July 03, 2012  
Anonymous Cindy Vong said...

From what i know is that smart money is learned from observing the rich. Sometime, kids born with silver spoon do not learn smart money, instead they spend all their money and have fun. This means that, as long you know how to invest, you will always have smart money. Trading futures such as emini trading is one of the best ways to make money. Smart money that is...

10:04 AM, July 04, 2012  
Anonymous Sage SA said...

Great points - everyone should take on your tips on wealth accumulation and how to manage this.

3:25 PM, July 14, 2012  
Blogger Nishi said...

I am looking for some idea and stumble upon your posting decide to wish you Thanks.
good returns with free tips

4:16 AM, July 19, 2012  
Blogger Nishi said...

I absolutely adore reading your blog posts, the variety of writing is smashing.
Thanks
Regards
free tips

4:24 AM, July 20, 2012  
Anonymous stock tips said...

Decided that individuals are creating it well off on their own however it is some periods excellent to have someone that you can select from when your puzzled or missing about your next activity you should or want to take.
Commodity Tips

3:16 AM, July 23, 2012  
Blogger Neeru sharma said...

Excellent and inspiring tips I like your post and it really gives an outstanding idea that is very helpful for all the people on web.
It's glad to see good information being convey. Its a very nice written, and I really like this blog. Thank you for sharing this info.

Regards: MCX Gold Tips

3:13 AM, July 30, 2012  
Blogger boy said...

I agree, realy nice post..... i myself can say that people really do thinga that will satisfy them

Condotel Investment | Realestate Agent

8:19 PM, August 12, 2012  
Anonymous Stock Tips said...

This is such a great resource that you are providing and you give it away for free. I love seeing
websites that understand the value of providing a quality resource for free. It’s the old what goes around comes around routine. Big thanks for the useful info.

11:30 PM, October 04, 2012  
Anonymous Anonymous said...

It feels awesome to read such informative and unique articles on your websites.invest in gold

11:56 PM, November 06, 2012  
Anonymous Commodity Tips said...

Great work! This is the type of info that should be shared around the web. Shame on the search
engines for not positioning this post higher! Come on over and visit my web site . Thanks =)

10:37 PM, November 11, 2012  
Anonymous Mcx Tips said...

The topics of your blog is very modern and interesting issues, I really like your blog.Nice post thanks.

1:45 AM, November 23, 2012  
Blogger Unknown said...

The quality of your blogs and articles and worth appreciating.solar power for home

2:35 AM, December 20, 2012  
Anonymous FOREX STRIKER REVIEW said...

I think your opinions "On Wealth Accumulation and Inheritance" are quite accurate. As I have read an article along time ago about super rich people that they should be more taxed.

Pls read my FOREX STRIKER REVIEW blog. Thanks

10:38 AM, January 12, 2013  
Blogger Unknown said...

Pollution is today a serious concern but there are more ad more options to take care of the waste. You can also contribute and take part in the protection of the environment with Advanced Global Trading,
Advanced Global Trading

2:43 AM, January 19, 2013  
Blogger Unknown said...

When you own a production company, it your responsibility to make sure it is safe for you, other and the world. Carbon waste is a special field that requires expertise to be conform. Advanced Global Trading is here to help you with carbon facts.
Advanced Global Trading

2:44 AM, January 19, 2013  
Anonymous Stock Market Advice said...

thanks for the info!!

2:18 AM, January 21, 2013  
Blogger Unknown said...

It's very useful to me. Thank a lot.

doanh nhan thanh dat

10:27 PM, January 24, 2013  
Anonymous amarinvestments said...

Good job to see the vast knowledge about Investment Thanks

9:51 AM, February 03, 2013  
Blogger Unknown said...

I’m surely coming again to read these articles and blogs
potato recipes

8:59 PM, February 06, 2013  
Blogger mcx free tips said...

Really good story.WE should Know Our valuable and hard earned money.So that we can get success in feature.
Bullions

6:08 PM, February 17, 2013  
Blogger mcx free tips said...

Good points - everyone should take on your tips on wealth accumulation and how to manage this.Bullions,Energy,Base metals,Mcx Tips,Commodity Tips,Indian Mcx

6:23 PM, February 17, 2013  
Anonymous Anonymous said...

This comment has been removed by the author.

8:20 PM, February 19, 2013  
Anonymous Anonymous said...

I need more articles and blogs please post soon.
how to improve credit score

8:21 PM, February 19, 2013  
Anonymous Anonymous said...

I’m glad to find so many useful and informative data on your website.gold ira roll over

2:46 AM, February 20, 2013  
Blogger MTECHTIPS said...

Mtechtips Equity & Commodity Advisor-Online Commodity Tips-Stock Market Tips

11:09 PM, March 20, 2013  
Anonymous Anonymous said...

An immense moonlike of commendation, reserve it up.
free credit score

4:36 AM, April 03, 2013  
Anonymous Share Market Tips - marketgyan.com said...

Nice post. Thanks for the share.

10:46 PM, April 04, 2013  
Blogger Unknown said...

Wonderful learning guys I’m a fan of your website. TRAVELTOLONDON

4:43 AM, April 05, 2013  
Anonymous Anonymous said...

Wasp dudes! Awesome stuff keep it up.
online payday loan

12:44 AM, April 08, 2013  
Anonymous thelma isaiah said...

this blog is very educative and informative, it enables one to be able to know investment. see http://www.unn.edu.ng

3:39 AM, April 11, 2013  
Blogger Unknown said...

I would never want to miss out any opportunity to read out your contents.
term life insurance quotes

5:21 AM, April 12, 2013  
Blogger Unknown said...

Interesting Article. Really its too good. Thanks for the information. Visit House with granny flat Sydney

9:42 PM, April 14, 2013  
Blogger Unknown said...

Thanks for sharing a good piece of information and I really appreciate your efforts to put in your blog. Really very impressive writing as well.
term insurance plan

4:00 AM, April 16, 2013  
Blogger Avocet Steel said...

Thanks for sharing this information its really nice.

cancerwithcompatibility

4:15 AM, April 20, 2013  
Blogger Avocet Steel said...

Thanks for sharing this information its really nice.

cancerwithcompatibility

4:16 AM, April 20, 2013  
Blogger Avocet Steel said...

I really like this enthusiastic job you are doing folks.
Iphonejailbreak4s

4:54 AM, April 20, 2013  
Blogger Avocet Steel said...

I dead consider joyous when I acquire articles pertinent to my process and my issue.
datinggirls

5:58 AM, April 20, 2013  
Blogger Avocet Steel said...

I love to read and appreciate your work.
new computer technology news

12:48 AM, April 23, 2013  
Blogger Avocet Steel said...

I would never want to miss out any opportunity to read out your contents.

itconsultantjob

3:38 AM, April 23, 2013  
Anonymous Anonymous said...

Your blogs and information attracts me to come back again n again.Relationship with Fika Fika

12:59 AM, April 25, 2013  
Anonymous Anonymous said...

Tips by Landes Secretes
Thumbs up guys your doing a really good job.

10:54 PM, April 26, 2013  
Blogger hasan said...

Satisfaction come in mind when a lot profit gain a person.It is possible through proper investment.Definitely, if the investor truly has huge information, foresight or precognition to know with a high degree of certainty when the market will rise or fall, then market-timing makes perfect sense and will lead to higher returns.

farmland investment funds

6:34 PM, April 30, 2013  
Blogger Unknown said...

I am sure you have a great fan following out there. android cell phones

12:56 AM, May 01, 2013  
Blogger Unknown said...

I see the greatest contents on your blog and I absolutely love reading them.
Relationship with Betty's Empire

3:42 AM, May 02, 2013  
Anonymous Anonymous said...

Info is out of this world, I would love to read more.
Relationship with Artist All Opera

12:20 AM, May 03, 2013  
Anonymous Anonymous said...

Info is out of this world, I would love to read more.
Relationship with Artist All Opera

12:21 AM, May 03, 2013  
Anonymous Anonymous said...

Your blogs and information attracts me to come back again n again.
Artist All Opera Advice

12:23 AM, May 03, 2013  
Anonymous Anonymous said...

The stuff written in the blogs have allured me!!! More about Video sign 2010

3:46 AM, May 03, 2013  
Anonymous Anonymous said...

This blog is really awesome in all respects. Get more info about Video sign 2010

3:48 AM, May 03, 2013  
Blogger Unknown said...

The information you have given in the blog really marvelous and more interesting. cash advance payday loan

6:29 AM, May 07, 2013  
Blogger Unknown said...

I think I have really come on the right place for getting the perfect info. faxless payday loan

6:31 AM, May 07, 2013  
Anonymous Anonymous said...

The stuff written in the blogs have allured me!!!
instant payday loans online

12:45 AM, May 08, 2013  
Anonymous Birdal saree said...

You will buy research paper or buy essays for cheap, using the assistance of the custom writing service

11:11 PM, May 09, 2013  
Anonymous Anonymous said...

I love this blog because it is user friendly with appreciative information.http://instantloanssource.com instant mini loans

4:33 AM, May 10, 2013  
Blogger Unknown said...

Hi,I think we can all understand something from this. Individually, I am incredibly satisfied that someone that created that much cash would just provide it with all up, preserve for what they required for the relax of their lifestyles. Too many individuals are targeted on "living it up", and having every content relaxation known to man.

Investing in Property

8:09 PM, May 12, 2013  
Blogger Unknown said...

The blog has offered the great knowledge I really enjoyed a lot by reading this. http://loanwarrior.com

12:28 AM, May 14, 2013  
Blogger Unknown said...

The info you provided in the blog that was really unique I love it!!! LoanWarrior

12:34 AM, May 14, 2013  
Blogger Iphonejailbreak4s said...

The information you have given in the blog really marvelous and more interesting. Good Relationship With Tehaote

12:28 AM, May 16, 2013  
Blogger Iphonejailbreak4s said...

The information you have given in the blog really marvelous and more interesting. Good Relationship With Tehaote

12:30 AM, May 16, 2013  
Blogger Iphonejailbreak4s said...

I think I have really come on the right place for getting the perfect info. Tips by Tehaote

12:35 AM, May 16, 2013  
Blogger Unknown said...

The information you have given in the blog really marvelous and more interesting.
Relationship with Barin Sanat

5:20 AM, May 18, 2013  
Blogger Unknown said...

The information you have given in the blog really marvelous and more interesting.
Relationship with Barin Sanat

5:21 AM, May 18, 2013  
Blogger Unknown said...

The information you have given in the blog really marvelous and more interesting.
Relationship with Barin Sanat

5:22 AM, May 18, 2013  
Blogger Unknown said...

I guess I have selected a mind blowing and interesting blog.
Relationships by Anniie

2:48 AM, May 20, 2013  
Blogger Unknown said...

I don't cerebrate some of websites offer this typewrite of assemblage.
Relationship Tips by Natal Press

5:57 AM, May 21, 2013  
Blogger Unknown said...

I like all details that you provide in your articles.
Relationship Tips by 915 Productions

5:02 AM, May 22, 2013  
Blogger Unknown said...

I need more articles and blogs please post soon.
Relationship Tips by Breaking Down Stereotypes

6:22 AM, May 22, 2013  
Blogger Unknown said...

I really love your write-ups guys continue the good work.
Discover GP19

2:40 AM, May 24, 2013  

Post a Comment

<< Home