Guest Author's
Malcolm John Bugler – Author
Born 25th June 1954, Malcolm is a UK national.
As self trained engineer in the fields of electronic design and software with over 25 years experience, Malcolm was the technical leader of a $20M business in the UK for 1983 to 1996. Over that period he developed a product line that produced well over $150M in revenue and continues to sell.Malcolm started his own UK based business, Malvatronics Ltd, producing bespoke electronic and software design in 1992. He ran Malvatronics Ltd as his sole form of income for 6 years; in his own words: A challenging and satisfying achievement.
He is a graduate of many management and leadership training programs. The most significant of these are; The Dale Carnegie Effective Speaking and Personal Relationships program (100% attendance), The Dale Carnegie Management Seminar (100% attendance) and The Leadership Trust five and a half day Leadership in Management Course.
Malcolm took himself from being significantly in debt and morbidly depressed to a position of positive cash flow and financial abundance in the short space of three years.
He studied the area of personal finance with great depth since then and wrote his first book covering the practical steps that anyone can take to handle such a situation.He trained as a leadership and personal enhancement coach with the Advanced Coaching and Leadership Center in Saint Jo, Texas. There he completed five levels of advanced training in life coaching and personal guidance counseling, and continues to attend the center to polish up his skills, and learn to apply new developments.Successfully negotiating the minefield of becoming a self-publishing author, he published his first book, ;Ten, Twenty, Seventy in June 2006.Malcolm relocated from the UK to the USA in February 2001, and currently lives in upstate New York with his wife, Elizabeth. Liz and Malcolm were married in August 2006. His Blog tentwentyseventy
Ouida Vincent – Author
I am a physician by profession and have practiced medicine for the past 15 years. My medical practice has been rewarding for me as I have delivered babies and grown older with my patients.
In 1997 I discovered another passion, personal finance. I discovered my passion out of necessity really. While learning about the human body and how it works, I learned nothing about money and how it works. I made the mistake of believing that as long as I could earn an income, the financial aspects of life would take care of themselves. I had a personal financial crisis in 1997 that led me to understand that unless I changed my habits and gained financial education, no amount of money would be enough. I would be broke no matter the income. I have quite a financial library now. I have to say that with all of the books and articles I have read, most of the financial information that is available is junk. Most of the financial information available today will never help someone become financially independent whether they invest over a 10, 20 or even 30 year period. It is sad, but true.
The reason that this is is simple. People are looking for answers and are impatient to find them. Purveyors of information sell answers and they do it in a one-size-fits all fashion. Saving money in a 401K may not be the thing to do especially if there is no company match. When you consider the opportunity cost of paying for a car out right, the most appropriate thing to do may be to get the best interest rate you can and pay for the car in installments. Because a home is illiquid, paying your home off while neglecting other investment vehicles may not be the thing to do. Investments themselves may be eternal, but we are not. Most of us are on this planet for a defined amount of time and most of us are on a financial collision course without realizing it. Starting a plan, holding one's breath for 30 years while the plan matures is generally not a good strategy, but it is the strategy that is preached in every mainstream financial publication around.
As a physician, I learned my profession by training under people with more experience than I. The true test of what I had learned came when I began to teach physicians more junior than I. I wish that financial education was the same. But it isn't. Very often you gain information from people with very little education, who have not surpassed your financial level. They are simply good at parroting what they have read without any real understanding of how their advice plays out in the market place. There is a columnist for the Wall Street Journal who has a widely read financial column. I once googled him to find out what his financial qualifications are. He has a BA in economics from his college. That is it nothing else, nada, zippo. So I e-mailed him and asked him if he practices what he preaches and if his advice has created wealth for himself and his family. I never got a response back.
There are only 2 pieces of financial wisdom that I have ever read that have stood the test of time:
- 1) live on less than you earn
- 2) acquire assets.
- 1) I live on less than I earn
- 2) I acquire assets
- 3) I order my finances and my accounts to accomplish 1 and 2.
I didn't begin writing about anything financial until I had developed a solid personal practice that got results over several years.
I began writing and publishing articles on the internet in 2007. I remember writing that first article. My home had flooded, drying fans were blaring in the background. My dining room table had minimal water damage and had been moved to the area of my home I called my living room. There was really no living going on there, but my bed had been moved to my dining area. I began writing because there were so many things I wanted to share.
One of the first things I wanted to shout to the world was about the miracle of stainless steel water hoses. A ruptured rubber washing machine hose dumped 300 gallons and four inches of water throughout my home.
I also wanted to talk about gaining empowering financial knowledge, business sense and personal development.
It is my sincere home that each post brings you information that you can put into practice to enrich your life.
Ouida started her life in a health care almost ten years back, she completed her dream which she had since her childhood. And Today she is a member of the Free Agent Nation..
Ouida Vincent MD, Real-estate Investor Albuquerque, NMHer Website ouidavincent.com/blog/
