My 1st Million At 33 – yes, you can do it too

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9 Responses to “A Short Navigation Guide to My Site”

1. Ryan Russell Says:
   March 26th, 2007 at 9:27 am

   Hi,

   I am interested in advertising in your debt/frugality page. Can you please direct this to the right person?

   Thanks,
   Ryan
   512.851.7054

2. Donald Says:
   August 11th, 2007 at 7:23 am

   Hi

   Frugal I ran across your site a year ago while looking for high returns on divided stocks and I opened an account with Emigrant through your site.

   I have a website http://www.onlinebiz4free.com. I would like you to join. It is a FREE DEAL and it will pay you a rebate when you shop at Target one of your favorite stores. You will be able to shop at Walmart and Costco when we have our debit/credit card available soon.

   Do you know Scott Allen? If you google his name he runs http://www.entrepreneurs.about.com.He is also in this program

   Let me end with a quote from your father “A good business is a business in which you let people take out of their money to buy your stuff and still smile and shake your hand.”

   Just give me some feedback what ever your decision is.

   Thanks
   Don
   8035469357
   don@tonermanonline.com

3. 529pm Says:
   August 28th, 2007 at 10:57 pm

   hello frugal,
   i found your site really interesting. I admire you could acheive 1 million at such an young age! It ‘d be my honor if i can swap link with you so i will add your link to my blog and you could add me blog to your personal finance section. please let me know. My blog is about build wealth tonight
   529pm.blogspot.com
   Thanks a million

4. 529pm Says:
   August 28th, 2007 at 11:00 pm

   hello frugal,
   i found your site really interesting. i admire you can acheive 1 million in such an young age. it’d be my honor to swap link with you. i’ve already link your site in my blog, may i ask if you could place my blog in your personal finace blog. Have a great day

5. Baron Says:
   September 15th, 2007 at 6:06 pm

   Dear Frugal,

   I started with family money that enabled me to make my first million at 38.

   From there I developed hotels and real estate that turned the 1 million into 5.

   By then I was 50 and fed up with the human rat race,
   so I retired to a small island in the South Pacific.

   Within my island home – set among eight acres of tropical gardens – I become recluse.

   Freedom found at last, together with my wife and 3 great friends – English Springer dogs and my cat Coco.

   My computer and telephone keeps me in touch with my investment banks in Singapore.

   I traded shares. I traded currencies.
   I traded Indonesian bonds during the Asian Crisis.
   Rouble fixed income following the Russian default.

   South African property trusts (PUTS) a year after the Rand currency crisis of 2002.

   Property Real Estate Trusts in Singapore when Asia first adopted REITS.

   Through all of these times – - up to my age of 74 – - I have NOT added one penny to my wealth. I am still 5 million.

   I think my “used by date” expired at the age of fifty.

   Conclusions.
   Trading is for gamblers. And – in the long run – gamblers seldom win.
   Share picking is dangerous.
   A year to two of good times cannot make up from the severe bear markets of the past.
   Equity Funds (including property funds) and bond funds suffer huge losses during bear markets that take years to recover. Most hedge funds suffer similarly.
   Market neutral hedge funds are not market neutral.
   There are NO safe havens in a bear market, and I think a bear market is coming.
   The younger generation is yet to rediscover this.

   So what does one do.
   I am writing because I believe in your strategy about investing in high yielding shares.
   there is also merit in some alternative investments (such as Managed Futures). Up to 20% of ones portfolio.
   Well located income earning real estate bought cheap and improved upon is very good, and bargains will emerge in real estate – but not yet.

   For me in retirement REITS are better – - with no tenant or maintenance problems – but not yet.
   Canroys Also.
   You see I am getting back to your high yield again – but with care – because high yield must contain that underlying quality to grow after the bear market subsides, and that is very hard to find.

   Best wishes,
   Baron
   Norfolk Island
   South Pacific
   2899.

6. Manny Says:
   October 6th, 2007 at 9:07 pm

   Hello Baron,
   That is an incredible story. A sobering one , I must say. I am a Canadian who is a newbie into investing. What do you think of investing in Canroys? Some well known names like PWE, ERF , COS etc? The question if from the perspective of investing in high yield assets which Frugal and you are recommending.

   Thanks in advance.
   Manny

7. Dr Rajan Sharma Says:
   October 11th, 2007 at 7:08 pm

   Not all are suitable for successful speculative investments. Indian Vedic Astrologyer with special knowledge can really help the investors to be more gainfully successful. For contacts please visit my website

8. David C Says:
   November 30th, 2007 at 12:11 pm

   Very interesting and informative site. I found it while researching MLPs. I find sobering the idea of Peak Oil which I believe is here are around the corner and can’t believe our myopic government!

   Thanks.

   David

9. larry Says:
   March 22nd, 2008 at 4:49 am

   I found this site as I was looking for ways to exploit the muni bonds that have high value but are getting thrown out in the subprime frenzy.I find your thinking well informed and can only imagine that you have more years and experience than is obvious from your blog.