From Experience to Income: Launching the Monthly Money Report

Today’s issue is the first of what I intend to be a regular monthly issue. I’m calling it my “Monthly Money Report” because its contents will be limited to topics related to money: entrepreneurship, business, marketing, investing, etc.

These are subjects I spent 60+ years learning about by doing them, not reading about them. They are also subjects I’ve been writing about for the last 25 years.

If you’re a longtime reader, you know that I don’t often include these topics in my regular issues, even though all my bestselling books are very much about increasing personal income and growing wealth.

The reason for that is because I’ve always thought of this as a kind of journal in which I’d write about anything that interests me personally, rather than about what my partners and publishers want. Nevertheless, I have continued to write about wealth and wealth building for my Japanese publishers, with whom SM, one of my publishing partners, and I head up to publishing franchises.

Recently, we were approached to publish those services in the US and other English-speaking countries. After thoughtfully discussing all the reasons we shouldn’t, we said, “Yeah! Let’s do it!”

His beat will be stocks, bonds, options, and trades. Mine will be business building and wealth strategies I learned from years and years of personal experience, starting with nothing. No money. No connections. No financial or business education. And no idea what an interesting and rewarding path I was on.

Which is to say I’ll be thinking about such things more than usual in the future than I have in the past. And when I think about things, I like to write about them.

If you haven’t read any of my stuff on building wealth, don’t expect to be wowed by lengthy technical analysis or deep thoughts about long cycles or modern economic theory. My approach has always been to admit (to myself and my readers) that although there are lots of games to play in the more-money carnival, I stay away from those about which I don’t have “inside knowledge” and those about which I have no control.

So what you will see in this issue and in my future “Monthly Money Reports” are two kinds of essays: (1) those I’ve written, which means I have a high level of confidence in the advice I’m giving, and (2) those written on subjects I have little experience with, but always by experts I’ve known and worked with for at least a dozen years.

Let’s get to it…