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7 Myths About Real Estate Investing That Are Costing You Tens of Thousands of Dollars
Copyright 2005 Alex Nghiem
Did you know that real estate investing has created more millionaires that ALL other industries combined? The question, then, is why are more people not invested in real estate? Even with the increased awareness in real...
A Roth IRA, Is It For You?
Roth IRA’s are some of the most sought after investments. But, why? What are they? Why should you invest in them? For many people, the investment world is somewhat of a mystery. We just do not know what it is all about. But, we can easily learn by...
Different Types of Mutual Funds
This is a guide to the different types of mutual funds. When it comes to investing in mutual funds, investors have literally thousands of choices. Before you invest in any given fund, decide whether the investment strategy and risks of the fund...
Keep Your Investment Profits
KEEP YOUR INVESTMENT PROFITS Have you had one of those huge investment winners – a stock that went from $2.00 to $80.00? Or any other numbers you want that gave you a gigantic percent profit? Did you take the profit or did you watch the equity...
Penny Stock Strategies
Why should the rich guys have all the fun? The small investor
can seek out huge returns too...if they know how.
Technical analysis that uses statistics for forecasting price
fluctuations is one approach. However, because it is difficult
to...
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Wayne Rogers: From Actor To Super Investor
Wayne Rogers: From Actor To Super Investor
By Bill Knell
It took a tragedy not far removed from Wayne Rogers to wake him up when it came to money and how to handle it. According to an interview he gave to the Financial Intelligence Report, Wayne had first met Peter Falk when the two shared a room in New York City. Falk, an accomplished film, stage and television actor, later suffered a financial trauma not uncommon to many other celebrities. In the 1970s while both the longtime friends were living and working in Hollywood, Peter Falk became a victim of fraud.
Falk lost around $250,000 to a crooked business manager and he wasn’t alone. Bad investments had claimed the fortunes of many of Hollywood’s Elite. John Wayne almost went bankrupt due to bad investments. Bud Abbot of Abbot and Costello spent his last days dying of cancer and flat broke in Woodland Hills, California. Poor money management and a huge IRS bill claimed the fortunes of both members of the famous comedy team. Jackie Coogan earned over four million dollars as a child star in the 1920’s, but lost all his money to his mother and stepfather who had invested badly and wasted the rest on a lavish lifestyle.
These lessons on how celebrities had handled their money were a wake up call to Wayne. He began looking into the world of investing and started his financial empire by purchasing apartment buildings in foreclosure. Rogers started investing with a simple goal in mind. He wanted to hold on to his
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money and make it grow. He later moved on from real estate to stocks and bonds.
Wayne Rogers has had a distinguished acting career having appeared in films like Cool Hand Luke and Ghosts of Mississippi, as well as having played the unstoppable Capt. John Francis Xavier 'Trapper John' McIntyre in M*A*S*H from1972-1975. He still makes movies and appears on television, but he has also become a superstar in another genre. Rogers has become a force to be reckoned among the elite of super investors.
Wayne Rogers can frequently be seen on Fox News giving investment advice that people are eager to follow. He prefers mutual funds because they limit risk, but also likes commodities. Like many investors, he watches the state of the economy and the performance of individual companies. When it comes to choosing stocks, Rogers prefers many and says that company earnings are the key to deciding which to buy because they drive stock prices.
Charismatic, well-spoken and funny, Wayne Rogers has succeeded in two of the world’s most difficult professions: Acting and Investing. The lesson he teaches us is a simple one based on his original investing goal: Hold on to your money and make it grow!
Read more at http://www.billknell.com
About the Author
A native New Yorker now living in Arizona, Bill Knell is a forty-something guy with a wealth of knowledge and experience. He's written hundreds of articles offer advice on a wide variety of subjects. http://www.billknell.com
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