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Monday, September 24, 2007

On the road to billions

The Kiplinger.com article profiles, Brad Duke, a 34-year old who is working on turning his $125-million Powerball lottery winnings grow into $2 billion which means an an annualized return of nearly 23%. So far, he has already made more than $15 million in just over a year, with the goal of reaching $2 billion by the time he is 55.

To achieve his goal is has put together a 3-person financial team and making investments in real estate, etc. What's interesting about Brad is that despite the new-found wealth, his lifestyle hasn't changed. His advice to people who come into sudden money?

"Remember the value of a dollar. It's easy to forget when you're making checks out for millions, but 15 bucks will still buy you a pizza."

For complete articles, see:

Kiplinger.com: Turning a Lottery Win Into $2 Billion

Points.com eLearners Earn Rewards at MyPoints.

posted by Ruby @ 12:55 AM

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