Money What Is Unequal Distribution of Wealth? When people hear about “Distribution of wealth” they think there is some greater power that distributes wealth, but there isn’t. And there shouldn’t be. Written by William G. Hill September 30, 2019May 4, 2020
Business How Can I Get an Equity in a Company That I Work For? 1. Check on employee stock option plans. Generally, if you can show your supervisor that you are an exceptionally productive employee you will be in line for some options commensurate with your contributions, if any. It would be small peanuts. Written by William G. Hill September 30, 2019May 4, 2020
Money How Rich Is Too Rich? For one answer consider what happened when the old USSR broke up. All wealth was in the hands of one “authority” who most people thought could be trusted to do things intelligently and fairly. Everything was privatized. All the workers got equal shares in the enterprises they worked in. (Yes I k Written by William G. Hill September 30, 2019May 4, 2020
Money What Is the Number One Thing All Businesses Need? It should be wanting to generate cash, also wanting not to lose it. What comes first, the chicken or the egg? If you are in the biz of selling chickens, best to make chickens your priority. If you are in the biz of selling eggs, make that your priority. Written by William G. Hill September 30, 2019May 4, 2020
Real Estate Is Investing in Property Tax Liens a Good Idea? You need to know what you are doing because a lien on a tiny half meter of vacant land is not usually a good bet; however such a “worthless to others” item was once worth several hundred thousand bucks to me for a $10 investment. Written by William G. Hill September 27, 2019May 4, 2020
Money Is Creating Wealth a Zero-sum Game? Let’s keep it simple. Example: There are two people on earth. One guy cuts down a tree and makes a boat. The other guy says “Lend me your boat so I can catch fish and I will give you half the fish I catch.” Written by William G. Hill September 27, 2019May 4, 2020
Money Is It Worthwhile to Strive to Become a Millionaire Being a millionaire isn’t something out of the ordinary any more. A fairly ordinary home in many towns in the USA and Europe is worth over a million. The family home my dad bought in 1939 for $300 (yes three hundred dollars total) recently sold for $2 Million. Written by William G. Hill September 27, 2019May 4, 2020
Money Is There an Easy Way to Become a Millionaire? 75 years ago, having $100,000 in net worth was much better than being a millionaire today. You could have a palatial home, a Cadillac Limo, servants, and so on. There is no way to do that with a mere million today. Written by William G. Hill September 26, 2019May 4, 2020
Business What Are the 5 Elements of Making Money Successfully? There are no “only 5 elements.” There are hundreds, maybe thousands of tips and ideas that will help people make more money. Written by William G. Hill September 26, 2019May 4, 2020
Real Estate How-To How Do I Invest in Monaco Real Estate? There are no restrictions on investing in Monaco real estate. If you’ve got the money, they’ve got plenty of product. Walk down the main street and you will see dozens of real estate brokers with pictures & property descriptions in the windows. Written by William G. Hill September 25, 2019May 12, 2020
Business What Are Some Examples of Dirty Marketing Tricks? The classic is John D. Rockefeller’s way of gaining a monopoly on gasoline sales for his company, Standard Oil in the pre WW1 era. I am oversimplifying, but this was the general idea of Standard Oil’s dirty marketing strategy: The prices were different, but for illustration purposes, let’s ass Written by William G. Hill September 25, 2019May 19, 2020
Travel Why Is Monaco Not Listed as One of the Most Expensive Cities? It is listed as a most expensive place in some magazine and newspaper articles. Monaco is the “country.” Monte Carlo is the “City.” Not mentioned in some lists because Monaco is small and pretty unimportant with a population of around 35,000. Written by William G. Hill September 24, 2019May 4, 2020
Business How Can I Make an Extra $50-$100 a Month? Here is how I did it and would go about it today. Look for “needs” in your neighbourhood and offer to provide them. You see a lawn full of weeds? Place an offer: “I will make your lawn look perfect for $20” Written by William G. Hill September 24, 2019May 4, 2020
Lifestyle Why Don’t Rich People Associate with People from the Middle Class? Most rich people (not super rich) consider themselves middle class. They hang out with other middle class people. Why? To the extent that they associate with “the same kind of people as they are” the reason is pretty simple, lawyers work in courts and office buildings housing lawyers. Written by William G. Hill September 24, 2019May 4, 2020
Money How Motivated Are the Extremely Rich by More Money? This is a topic much commented upon by economists. It is called “marginal utility.” Think of it this way: A thirsty guy in the desert will give anything for a glass of water, but the same person in a swimming pool with water cooler nearby won’t pay anything. Written by William G. Hill September 23, 2019May 4, 2020
Money What Is the Term for a Person Who Was given Their Wealth? “Scion” or maybe heir or heiress is a person who inherited their wealth rather than being self-made. Generally, “old money” people have more affinity to other old money people than to the “new rich.” Written by William G. Hill September 23, 2019May 4, 2020
Money How Do People Get Rich from Trading Stocks? Probably not! 98% of all day traders lose all their money in the first two years. As to long term investors, the usual assumption is that people will make a certain return like 5% or 10% per year on their invested money. Don’t believe it! In my experience with dozens of high net worth clients, it Written by William G. Hill September 23, 2019June 6, 2020
Business How-To How to Become a Copywriter – Hands on Guide Quick Summary ↬ Every business needs one thing more than anything else: sales. If you can help them sell more of their products or services, successful entrepreneurs will hire you on the spot. Why? Because you are making them money without any risk or downside to them. ↬ I write for a living, bu Written by William G. Hill September 23, 2019May 4, 2020
How-To Business Travel How to Start a Remote Business Do Not Rent or Buy an Office Space Why? In most places, a definite, fixed business location means you will be taxed and regulated. Probably you’ll be pressured to get a business license of some sort. Even in tax havens. You can and will be sued. Your mobility will be limited from the start. Al Written by William G. Hill April 9, 2020June 10, 2020
How-To Business Travel 17 Ways to Make Money as a Photographer | Travel Edition Quick Summary ↬ Learn 17 profitable ways for making a living as a photographer. Learn how to recognize opportunities in the photography business, what to avoid and how to wear many hats to take on multiply assignments. Have you ever wondered how to pitch your photography business to models? How to Written by William G. Hill November 23, 2019June 10, 2020
How-To Business How to Start an Email Marketing Business Summary ↬ A promotional letter or an online advertising message introduces, plugs, or promotes a product or service. Most of us consider a promotional letter “junk mail”, but we also think successful marketing letters are nothing less than an art form. Learn how to compose an email letter that Written by William G. Hill November 17, 2019June 2, 2020
Business How-To How to Become a Copywriter – Hands on Guide Quick Summary ↬ Every business needs one thing more than anything else: sales. If you can help them sell more of their products or services, successful entrepreneurs will hire you on the spot. Why? Because you are making them money without any risk or downside to them. ↬ I write for a living, bu Written by William G. Hill September 23, 2019May 4, 2020
Business How-To How to Become a Finder of Missing Heirs Quick Summary ↬ Finder of Missing Heirs is an easy business to get into. If you want to be successful, this line of business can work for you, as long as you are truly committed. I traced heirs while living in the USA, the UK, South Africa, and Australia. It’s a portable profession that I Written by William G. Hill June 30, 2019May 21, 2020
