 | | The Most Impressive Man I've Ever Met | | Marc Lichtenfeld, Chief Income Strategist, The Oxford Club |
At 4 years old, he was in child protective services... and now he's a MILLIONAIRE
Live on video, he'll show you how ANYONE can become a millionaire, regardless of their situation. | | | Editor's Note: Today, Marc shares how the lessons learned from his grandfather inspired him to help everyday people live comfortably in retirement.
One of those lessons was how to create "The Perfect Retirement Business."
With just a computer, a small starting stake and a few free minutes, thousands of investors have gotten started and earned as much as $1,123 per week.
There are no employees and no paperwork - but this simple retirement strategy might just rekindle your faith in the American Dream. And it's never too late to get started.
Click here for all the details.
- Mable Buchanan, Assistant Managing Editor
My grandfather was born in 1904. He died 29 years ago, and he was my hero.
His life was the quintessential American Dream. The son of immigrants, he was very poor as a child.
He started working when he was 6 years old, selling newspapers on the corner (although the age always got younger every time he told the story). He went to high school, college and grad school at night so he could help support his family during the day. | | | My grandmother would tell us how he would come home from night school exhausted, eat a bowl of cornflakes for a late dinner and fall asleep at the table. And then do it again the next day. And the day after that...
He eventually got a good job, owned a couple of companies and lived a prosperous life - enough that both of his kids chose jobs (in education) that they were passionate about, rather than picking a career for the money.
Nothing was more important to him than family. He helped support his mother, mother-in-law and sister-in-law.
He was generous with his grandchildren too, but what I wanted most from him was his time.
You see, my grandfather owned a seat on the New York Stock Exchange through the brokerage firm that he ran with his brother and a third partner. Fortunately, before he died, I spoke with him about the markets and what he learned over the decades.
My grandfather was conservative. He didn't like to speculate. He saw too many of his customers go against his firm's guidance and get blown up.
Looking back on his advice, he reminds me a bit of Warren Buffett. The nuggets of wisdom that I remember most are these...
Buy good businesses - My grandfather was a certified public accountant and owned two companies in his life. One was a steel company that he bought; the other was the brokerage firm that he started.
I asked him what he knew about steel or running a brokerage when he began. He replied, "Nothing. I knew how to run a business."
He hired steel and brokerage industry experts. But he was very talented when it came to taxes and finance.
I've applied that lesson to the markets. Even though stocks can be used as trading vehicles, I buy the stocks of companies that are solid businesses and that are undervalued, have strong growth prospects or both.
Invest for the long term - I can picture him shaking his head in disgust had he been around during the dot-com boom, seeing people jumping in and out of stocks and assuming they were market wizards.
He believed you buy great businesses and stocks and own them for years. Pretty simple. | | | "Leaked" D.C. Video Footage Exposes AOC Controversy
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And the facts we've uncovered about AOC and "taking money" just might SINK HER CAREER.
To see the SHOCKING, EXCLUSIVE video, just click here. | | | Collect dividends - Like Buffett, he wanted his stocks to pay him dividends. By owning great businesses that paid dividends for years and years, my grandparents were able to enjoy a comfortable life in retirement.
And the strategy allowed my grandmother to remain in their beautiful Manhattan apartment until she passed, more than 10 years after he did.
Dividends are often (though not always) signs that a company is stable. Dividends can supplement your income or generate wealth when you reinvest them over time.
And when you invest in Perpetual Dividend Raisers - stocks that raise their dividends every year - you ensure that you're getting more income each year.
I've read lots of books about investing, but without a doubt the greatest lessons I've learned were from my grandfather.
Leading by example, he taught me how to be a husband, a father and a man. Listening to him taught me some old-fashioned investing principles that are as effective today as they were when he was in the markets.
The greatest compliment anyone has paid me came from people who knew my grandfather: They told me that I would have made him proud.
I try to follow his example every day of my life. And I hope that, as I share his investing philosophy, help people make money and do it conservatively, he is looking down and smiling.
Good investing,
Marc
P.S. You can see why it's so important to me to help everyday people prepare for retirement.
Using the lessons that I learned from my grandfather, I guide my readers through every step of creating "The Perfect Retirement Business."
There are no time sheets and no bosses, and it won't take more than five minutes to get started. Just income and wisdom that will last for generations, no matter where you're starting out.
Click here to learn more about how this strategy can help you achieve the retirement you hope for. | | | | | |  See that volume spike? Somebody just decided to buy a LOT of gold.
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The Oxford Club is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that although our track record is highly rated by an independent analysis and has been legally reviewed, investment markets have inherent risks and there can be no guarantee of future profits. The stated returns may also include option trades. 
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