Posts by Steve Sjuggerud
How to Get Rich
I’ve just hired a new employee… He’s young – 22 years old. But I’ve known him since he was 10, when he lived two doors down from me. And I want to get him pointed in the right direction in life… right now. What advice do you give a 22-year-old just starting out? It’s the…
Read MoreThe Simple Secret to My Success in Life
What’s my secret? Friends at home in Florida think that I have some sort of “Golden Touch.” They want to know my secret to repeatedly making great investment decisions. Usually, I just shrug off their questions without much of an answer. “Just good luck,” I’ll say. Or something like that. The thing is, I do…
Read MoreWhat You NEED to Know to Be a Successful Investor
“Steve, I’m just trying to get all this stuff figured out,” my friend Charlie told me over the weekend. He’s just starting out in investing. “I’m paralyzed,” he said. “I don’t know what to do. I’m reading everything… But I’m not actually doing anything with my money.” “Charlie, you’re doing the right thing,” I said.…
Read MoreThe Real Secret to My Success
I’ve finally figured out the REAL secret to my success. It’s something I’ve unknowingly been doing my whole life. I know I should have figured it out earlier. I’m in my 40s now… Just imagine where I’d be if I’d figured it out 20 years ago! Unfortunately, many people never figure out the real secret…
Read MoreThe Wealth Headache
“Steve, you’ve got to think of every one of these deals as buying another headache… Do you really want THIS PARTICULAR headache?” My friend Brad Thomason gave me that advice a few years ago, and it stuck. At the time I was interested in a tiny property-investment deal that I thought was a “slam dunk.”…
Read MoreBetter Than Networking
“You’re so lucky Steve… you’ve gotten to meet and work with all these famous guys…” When I hear that, I usually say something like, “Yeah, it’s hard to believe… I have been pretty fortunate!” and I leave it at that. But the truth is much different… It’s NOT luck. It’s NOT good fortune. There’s a…
Read MoreThe Biggest Lie: “It Takes Money to Make Money”
“Congrats Steve, you just made $100,000 today,” a lawyer said to me this week. I just bought a property, cheap. The lawyer thinks I could sell it for a six-figure profit right away. A friend of mine heard about this deal and said, “Well… it takes money to make money.” I was surprised he said…
Read MoreThe Simple Step to Get More Done
Recently I was out to dinner with a couple of the most successful guys I know – and they were giving me a hard time. They were ribbing me about what Porter Stansberry calls “the Sjuggerud Advantage.” Hey, I can take it… The Sjuggerud Advantage, as I’ll explain, is a major secret to my life’s…
Read MoreLive Your Life and Be Happy About It
“Nice to meet you… Hang on a sec… Let me text my husband.” My wife and I stood there waiting. The girl busily tapped out a text message on her new iPhone. She wasn’t so quick with the typing, but we knew what was going on… She was just showing off that she owned a…
Read MoreWisdom About Wealth and Opportunity
The life story of Bob Mayer is titled Without Risk, There’s No Reward: Tales, trials and truisms from the amazing life of a pioneering southern California developer. I met Bob last week, while staying at a hotel he built… the fantastic Hyatt at the Huntington Beach Waterfront. It turns out Bob is a subscriber of…
Read MoreWhen the Housing Bust Will End
Ten thousand a month…
That’s how many foreclosures Palm Beach, Florida-based GMAC employee Jeremy Stephan was required to sign off on. His signature confirmed that the paperwork was in order, kicking off the foreclosure process.
Read MoreThe 75th Anniversary of the Great Crash
Last month marked the 75th Anniversary of the Great Crash of 1929, which kicked off the Great Depression. Looking back, there are many lessons to learn from it. In today’s market, those lessons may be applied as: buy bonds, real estate, and gold coins. And sell stocks . . . It was a ho-hum opening…
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