Entries by Alfred King

WHY SHOULD I INVEST 15% OF MY INCOME FOR RETIREMENT?

Nowadays, everyone seems to be an expert on investing. How much you should invest, where to put your money, and when to get out before the value drops. So, who do you believe? What are the right answers? Why does this stuff seem so difficult? I understand how you feel. The financial industry makes investing […]

4 LESSONS FROM MY MILLION-DOLLAR INVESTING MISTAKE

  I’ve done my share of stupid things. That’s one of the reasons I’m so passionate about helping people. I want them to avoid mistakes and poor decisions that could trip them up as they build wealth for the future. And let’s be honest—there are a lot of ways you can set yourself back five or 10 […]

WHAT IS KEEPING THE MIDDLE CLASS FROM BECOMING MILLIONAIRES?

Middle-Class Millionaire. No, that’s not a typo. And it’s not a myth or a fairy tale. A middle-class millionaire is a real thing—or, rather, a real person just like you and me. Despite what you’ve seen on the news or social media, middle-class people can become millionaires. In fact, anyone can—yes, even you. I have […]

3 MILLIONAIRE MYTHS THAT KEEP YOU FROM BUILDING WEALTH

Written by Chris Hogan from ChrisHogan360.com     Somehow, our culture has come to believe some myths about millionaires that just aren’t true. We’ve been fed a lie and swallowed it like cotton candy at the county fair. And that makes me mad. Why? Because I want you to reach your financial goals. And if […]

Managing Your Money

Managing Your Money.  That is the title of an empowerment session the Legacy Group offered on a Wednesday night before bible study.  As I was pondering the title, I had a revelation about its meaning.  Obviously, this is a lesson of financial stewardship, but there is more.  Let me share. The first word in the […]

Between The Red Lines

Although I am typing this session of Money Matters on a laptop in the Denver airport, I grew up in an era when this was not always as practical as it is now.  When I was in high school, my English assignments were not typed, but they were written out on notebook paper (yeah, we […]

The Magic Lottery Ticket

In an effort to raise money, many states have adopted a clever, but legal, plan that tantalizes people to pay just a little amount of money for the chance to win a lot of money in return. In common cases, the winner of the prize money must produce a specific combination (which is usually a […]

Money Matter-What Do You Mean by Traditional and Roth?

For far too many people, by the time they start having serious discussions about retirement, they are already behind.  They haven’t saved properly, or there is no solid plan forward, or they just haven’t executed the plan they have in place.  And getting behind (because you know, time waits for no one) causes people to […]

401ks for Dummies

I have been working for the same company for over 15 years. On the first day of starting my new job, I remember feeling overwhelmed by the amount of paperwork I was asked to sign and choices to make. I felt ignorant because I knew what I was doing was supposed to be important, but […]

IRAs for Dummies

Whether you love or hate your job, there is one certainty when it comes to your employment; it will end. That’s right, at some point, sooner or later, everyone will retire. But, did you know, nearly half of Americans are worried about not having enough money when they retire? That’s disheartening. But one of the […]