Automatic Wealth for Grads... and Anyone Else Just Starting Out (Agora Series) [Hardcover]

Michael Masterson (Author), Mark Skousen (Author)

Book Description

Publication Date: March 31, 2006 | Series: Agora Series (Book 54)

"Michael Masterson has personally helped more people achieve financial independence than anyone else I know. He has been a valuable mentor in my own life. Michael's credentials go far beyond the fact that he is an extremely successful businessman. (There are thousands of those.) He has a unique gift for discerning—and explaining in easily accessible terms—what it really takes to succeed. Automatic Wealth for Grads will give any young person a tremendous headstart for achieving their financial and professional goals at a very young age."
—Justin Ford, author of Seeds of Wealth: An Incredible Wealth-Building Plan for Your Children and Editor of Main Street Millionaire

"Only time will tell whether you will have the guts and honor to follow Masterson's masterful plan. Good luck!"
—From the foreword by Mark Skousen, Adjunct Professor, Columbia University, 2004-05 and Benjamin Franklin Chair of Management, Grantham University

Organized around proven wealth-creating principles, this invaluable guide reveals powerful techniques and strategies that have personally worked for Michael Masterson as well as for the many people he's helped become wealthy and successful.

Filled with in-depth insights and practical advice, Automatic Wealth for Grads will show you how to:

• Choose a great career, get your first job, and rise to the top of your field
• Continuously increase your income on a fast-track basis, and get the biggest raises of your life
• Profit from the real estate market—even in today's uncertain market
• Start or gain equity in a business that will provide an automatic future income stream
• Invest in the stock market, save money on taxes, make purchases that appreciate, reduce your credit costs, and achieve financial independence while you are still young enough to enjoy your money

Editorial Reviews

From the Inside Flap

Automatic Wealth for Grads is like getting your master's in financial independence—but without the midterms and textbooks. Filled with real-life examples and practical advice, this single book will teach you the secrets to getting wealthy sooner than you ever imagined . . . for many, even before the age of thirty.

Most grads discover pretty quickly that making a lot of money is not as easy as depicted in movies or on infomercials. Getting wealthy is a serious business that requires ambition, intelligent choices, and follow-through. The good news is that it doesn't matter whether you majored in English or economics, you can use these "money tested" techniques to make wealth-building not only probable but automatic. And when your cash flow balloons, you'll have more time, energy, and peace of mind to enjoy the things that really matter to you—whether it's traveling to Italy, playing the guitar, or just hanging out with friends and family.

In Automatic Wealth for Grads, self-made multimillionaire Michael Masterson becomes your personal mentor, drawing upon his own experiences and those of experts in the fields of investing, real estate, and business to offer you a complete program for achieving financial independence in record time. Organized around proven wealth-creating principles, he will show you how to quickly master the powerful moneymaking skills that will transform you into a dynamic, automatic wealth-builder, no matter what career path you choose.

The best part is that you don't need a fortune—or anything in the bank—to get started right now, whether it's finding a high-paying job, getting a huge raise, or even investing in real estate.

Special Report

Become a Millionaire Before You Turn 25!

You want to drink champagne instead of beer, sail the Caribbean rather than swim in a pond. You've just finished Automatic Wealth for Grads and you're ready to get rich, starting today! Learn the secrets to automatic wealth from self-made millionaire Michael Masterson—sign up for a free trial subscription to his daily e-newsletter, Early to Rise, www.earlytorise.com and receive a Special Report filled with 28 ideas for generating wealth eight times faster than you ever imagined. Sign up now at http://www.earlytorise.com/ForGrads to get going and retire in your early 20s!

About the Author

MICHAEL MASTERSON has been making money for himself and others for almost four decades. At one time or another, he's owned and run companies that were public/private,onshore/overseas, local/international, service-/product-oriented, retail/wholesale/direct mail, and even profit/not-for-profit. Masterson is the author of the Wall Street Journal bestseller Automatic Wealth: The Six Steps to Financial Independence; Power and Persuasion: How to Command Success in Business and Your Personal Life; and Confessions of a Self-Made Millionaire.

Product Details

• Hardcover: 256 pages
• Publisher: Wiley; 1 edition (March 31, 2006)
• Language: English
• ISBN-10: 0471786764
• ISBN-13: 978-0471786764
• Product Dimensions: 8.6 x 5.9 x 1 inches
• Shipping Weight: 12.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (46 customer reviews)
• Amazon Best Sellers Rank: #303,640 in Books (See Top 100 in Books)

More About the Author

MICHAEL MASTERSON has developed a loyal following through his writings in Early to Rise (ww.earlytorise.com), an e-newsletter published by Agora, Inc. that mentors hundreds of thousands of success-oriented individuals to help them achieve their financial goals.

Masterson has been making money for himself and others for almost four decades. At one time or another, he's owned and run multi-million dollar companies that were public/private, onshore/overseas, local/international, service-/product-oriented, retail/wholesale/direct mail, and even profit/not-for-profit.

Masterson is the author of the Wall Street Journal bestsellers Automatic Wealth: The Six Steps to Financial Independence; Automatic Wealth for Grads... and Anyone Else Just Starting Out; Power and Persuasion: How to Command Success in Business and Your Personal Life (all published by John Wiley & Sons); and Confessions of a Self-Made Millionaire. His next book, Seven Years to Seven Figures: The Fast Track Plan to Becoming a Millionaire (John Wiley & Sons) will hit bookshelves in October of 2006.

Customer Reviews

Most Helpful Customer Reviews

94 of 97 people found the following review helpful:

4.0 out of 5 stars Excellent Guide, Very Good Read, May 5, 2006

By 

J. Swan (San Diego, CA) - See all my reviews

This review is from: Automatic Wealth for Grads... and Anyone Else Just Starting Out (Agora Series) (Hardcover)

Just finished Automatic Wealth for Grads in the same fashion I read most wealth-building/self-help books - with a bit of skipping around to the chapters I think will help out the most. In this title, I could have lived without a compounding interest chapter, but that's because I'm already knowledgeable on the subject. For the audience - grads 'and anyone else just starting out' - I think it's helpful to include it. But there are a few chapters that stand out that make this book worth buying.

I'm in the stock and real estate markets, and his chapters on these subjects are practical and long-term oriented - that fits for me, and again, for the audience, it should fit also. He's very candid about his success, and it comes across as down-to-earth. The moneymaking advice is sound (I took away a handful of his ideas that I plan to try out), but overall, it's also a pretty enjoyable read - straightforward, simple, honest. Good book. Would recommend.

71 of 72 people found the following review helpful:

4.0 out of 5 stars Good Stuff, May 9, 2006

By 

Jason K - See all my reviews

This review is from: Automatic Wealth for Grads... and Anyone Else Just Starting Out (Agora Series) (Hardcover)

When I saw the title I thought this book was going to be full of slick get rich quick kind of nonsense. But it really wasn't at all. The advice is very conservative and solid... As someone "just starting out" this seems like great information to have. Maybe some people want the book to give them a secret easy way to make tons of money on the internet or something, but in the long run I think what's in this book will prove to be more valuable.

JFK

101 of 105 people found the following review helpful:

5.0 out of 5 stars Invaluable guide, May 5, 2006

By 

V. Avery - See all my reviews
(REAL NAME)   

This review is from: Automatic Wealth for Grads... and Anyone Else Just Starting Out (Agora Series) (Hardcover)

How I wish I had this book starting out!

What makes this book special is its brilliant niche: it performs a true service for anyone starting out... or even starting over. We get so little training in economics--if we get any at all. Plus, when we're young, we tend to think we have all the time in the world, and fail to take the long view. I know I did. This book addresses these educational defects.

In addition to the sound practical advice, Masterson's philosophy puts a new spin on "win-win".

This book is a winner.