WWII 024: Millionaire Recluse Twins with $10,000,000 Net Worth, ETF Dividend Timing, Reverse Stock Splits, Major Cheese Glut, Harry Potter's Money
This episode is about the fabulous, reclusive Magowan twins, Kathleen and Robert, who died with an estate estimated to be worth $10,000,000!
The tenets that allowed these twins to accumulate such a high net worth while earning ordinary incomes are:
- Live Beneath Your Means / Frugality
- Hold Forever to Compound
- Ignore Wall Street
- Minimize Taxes
- Keep it Secret
Life is full of uncertainties. Future investment earnings and interest and inflation rates are not known to anybody. However, I can guarantee you one thing.. those who put an investment program in place will have a lot more money when they come to retire than those who never get around to it.
Do you have a burning question on investing you would like answered? Click the button below to send it to me and I will answer it on the podcast!