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To: ztect who wrote (19535)6/7/1999 2:54:00 AM
From: ztect   of 40688
 
Allen, Interesting read....

Two very different 'Zen Millionaires'
Boomer with only $250,000, or GenXer with $2 million

By Dr. Paul B. Farrell, CBS MarketWatch
Last Update: 2:47 PM ET Jun 5, 1999

LOS ANGELES (CBS.MW) -- Here's a couple of truly inspiring stories about two very, very different Zen Millionaires.

One is a very conservative 42-year-old worth $250,000 with plans to actually have a million bucks by age 58. His passion? Cycling. The other is a 24-year-old GenXer who's already worth $2 million. His passion? Gambling on big, big risks as an entrepreneur. So different, yet so very much alike. Which are you?

Adam is a boomer who prefers bicycles to BMWs. He admits he's already one of our new Zen Millionaires club: "After reading your article, Zen Millionaires don't drive BMWs and your request for potential members to write, I decided to share how it's worked for me.

- Zen Millionaire without big income: "It always amazes me when the financial magazines tout retirement savings and then profile some person earning 6 figures who saves 20 grand for retirement. They ought to profile someone like me who doesn't make a lot of money, yet still manages to invest heavily for retirement.


for the rest of the article, click

cbs.marketwatch.com
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