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Five Ways to Retire a Multi Millionaire
12-02-2010, 09:24 AM
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#1
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Recycles dryer sheets
Join Date: Aug 2007
Posts: 224
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Five Ways to Retire a Multi Millionaire
So...I ran across this article this morning and I noticed a few ways missing. Being frugal, saving and investing wisely seem not to have made the list. Maybe beliefs like this are the reason most can't/don't retire early.
Five Ways to Retire a Multi-Millionaire
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Rather go to bed without dinner than to rise in debt. - Benjamin Franklin
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12-02-2010, 09:41 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Posts: 1,934
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What a disappointing article. Nothing but long shots.
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And if I claim to be a wise man, it surely means that I don't know.
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12-02-2010, 09:57 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,684
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I speed-read it. The article is just stating the obvious. Not worth your time.
Exec summary: 1) Win Lottery, 2) IPO, 3) Star Athlete, 4) Be a top CEO, 5) Marry Well or Pick the right partner.
Like somebody can choose to win a lottery or be a star athlete or a top CEO. 
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12-02-2010, 10:00 AM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: Independence
Posts: 7,297
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looked pretty straightforward and real to me. They did leave off sending the boys out to retire a millionaire. "Yeah, see, we're gonna send you on a long sea voyage see, gonna punch your ticket, get you fitted for a new pair of shoes, gonna put you in retirement see"?
Picking the right parents or marrying well remains a top way to attain wealthy status, though it doesn't guarantee you will retire with that wealth...
Why so serious? nobody saw the tongue in cheek?
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12-02-2010, 10:51 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,684
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 Quote:
Originally Posted by calmloki
Why so serious? nobody saw the tongue in cheek?
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You are absolutely right.
... and they left out winning the Publisher's Clearing House Sweepstakes! 
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12-02-2010, 04:01 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2008
Posts: 13,145
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The article forget #6. Start out with $10 mil, then retire with with $5 mil 
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Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
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12-03-2010, 06:43 PM
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#7
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Recycles dryer sheets
Join Date: Dec 2002
Posts: 78
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One more..............Start with a billion and then...........oh, you've heard that one ?
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12-03-2010, 07:07 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Sep 2009
Location: Hong Kong
Posts: 1,688
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#7 rob a bank (if you can find one that still has any money)
#8 get congress to add an earmark subsidising your wannabe unprofitable business
__________________
Budgeting is a skill practised by people who are bad at politics.
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12-05-2010, 05:42 AM
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#9
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Recycles dryer sheets
Join Date: Dec 2010
Posts: 230
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If I thought being mega-rich was important to enjoying retirement I'd earn it with a little hard work and ingenuity. First thing I'd do is invent and build a time machine. Then, of course, I could employ most if not all of the techniques in the article.
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12-05-2010, 06:23 AM
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#10
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Full time employment: Posting here.
Join Date: Oct 2006
Posts: 783
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I am still trying to figure out how you ever get the opportunity to pick your parents  ?
That article is at best stating the obvious, at worst stating the ridiculous.
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12-05-2010, 08:09 AM
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#11
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Recycles dryer sheets
Join Date: Dec 2010
Posts: 230
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Time machine let's you get the lottery numbers to your parents before you're born. Close as I can get. 
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