How Much Is Enough?

Welcome to your first issue of Liberty Through Wealth, the free e-letter that promises to show you the shortest route to financial liberty... and further ideas about how to live a rich life.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  [Liberty Through Wealth]( Let's Agree on "How Much Is Enough" Alexander Green, Chief Investment Strategist, The Oxford Club  Welcome to Liberty Through Wealth!  Our mission is to provide you with all the tools you need to reach your most important financial goals.  [Bill O'Reilly's Wild Money Secret](  [Bill O'Reilly Video Thumbnail](  [In a tell-all video, Bill O'Reilly reveals the shocking way YOU can retire with a seven-figure nest egg.]( Note from Alexander Green: Welcome to your first issue of [Liberty Through Wealth](, the free e-letter that promises to show you the shortest route to financial liberty... and further ideas about how to live a rich life. Six days a week, we concentrate on practical strategies (and the right mindset) to help you reach the point where money is no longer a worry or concern. Our panel of experts, headed by me, will show you exactly how to grow and protect what you have, manage risk, stay ahead of inflation, and keep your newfound wealth out of the prying hands of the taxman. In short, our mission is to provide you with all the tools you need to reach your most important financial goals. And the secrets we'll share here will virtually guarantee your long-term success. And, as always, our advice and commentary - based on more than a half-century of hard-won experience in the financial markets - is entirely free. Enjoy... Alex ---------------------------------------------------------------  [Alexander Green]  I've written several columns addressing a foundational question about money: How much is enough? There's no shortage of opinions on the subject, as my readers have demonstrated by writing in over time. (Their thoughts are a smorgasbord of the practical, the political and the philosophical.) In our increasingly competitive world, some feel that money is the way we measure our competence, our success, even our worth as individuals. This isn't just wrongheaded, in my view. It's offensive. There are plenty of folks doing incredibly skilled and underpaid work as social workers, nurses, high school basketball coaches or Navy SEALs, to name just a few. Many feel that there is a gap between how they live and the way they should be living - and that money would make up the difference. And perhaps it would. Money is a linchpin issue in all our lives. We want and need things. It takes money to get them. Some live openly with the accumulation of money as a primary goal. Others think it isn't important - or shouldn't be. Yet millions harbor a chronic fear that they will never truly have enough - or be able to keep it. It's easy for those of us with money - even if we came from nothing - to forget what a struggle life can be without it. Studies show the majority of Americans spend almost everything they make, shouldering enormous stress as they live paycheck to paycheck. It's not just the poor and lower middle class, by the way. A realtor friend once told me I'd be shocked to discover how many neighbors in his gated community were "just two mortgage payments from the edge." Money can do great things and promote important causes. But it can also dissolve business partnerships, cause friction between family and friends, and end marriages. Even in households where the cash flow is ample, partners often fight over how much to spend, how much to save or how to invest.  ["Steal" This Book Now - We'll Help You...]( Bloomberg Radio host Carol Massar said live - on the air - that her co-workers were literally "trying to steal" her hardcover copy of an Amazon No. 1 best-selling book off her desk. "Everybody wanted the book!" she said. [HURRY! We've got an exclusive link so you can claim a free copy of the hardcover right here!]( If you're reading an investment column like this one, you almost certainly have more money than most (or soon will). Our primary concern here, of course, is not wages or savings but wealth - and its successful management. So let's be clear in our terms. Wealth is not what you make. It's what you have: stocks, bonds, cash, real estate, precious metals and other financial assets. Most decide who is "rich" with a particular number: $1 million... or $3 million... or $20 million. I can tell you that as a kid growing up in a middle-class household, I thought anyone with a million dollars was unspeakably rich. While that is still not an inconsequential sum, it is no longer rare. Thanks to inflation and our society's increasing affluence, a million-dollar net worth - total assets minus total liabilities of a million dollars or more - is now pedestrian. Market researchers Spectrem Group counted a record 10.8 million millionaire households in the U.S. at the end of 2016. That's 1 in 9. (And given the red-hot real estate and stock markets, that number will continue to grow.) Are the folks in these millionaire households satisfied? Do they feel like they have enough? Not necessarily. According to a 2013 report from investment bank UBS, only 28% of Americans with $1 million to $5 million consider themselves wealthy. No matter what some people have, they will feel it's inadequate when they learn what someone else has. (Even the men and women on the Forbes 400 are acutely aware who is ahead of or behind them.) How much you "need," of course, is very much tied to where you live, the size of your family, your monthly overhead, and your desire to travel or enjoy the finer things in life. "The finer things" are hardly necessities, of course. I grew up without them and could easily live without them again. Indeed, many of my most enjoyable years were spent as a largely impecunious bachelor in my 20s. (Thank God some women don't care what kind of car you drive if you can work small miracles on the grill.) Bottom line: When it comes to how much is enough, only your own definition matters. My view is you're wealthy if you have the resources to live the way you want to live. Money unspent - capital - is power. It gives you the freedom to make choices, help others and enjoy what's important to you: family, friends, hobbies, volunteering, whatever. It's hard to argue with the words of Sophie Tucker: "I've been rich and I've been poor - and believe me, rich is better." Good investing, Alex [Facebook]( [Twitter](  About Alex  Alexander Green is the Chief Investment Strategist of The Oxford Club and Liberty Through Wealth. He heads [The Oxford Communiqué](, The Insider Alert, The Momentum Alert and The True Value Alert. Alex is also the author of [four national best-sellers](. [If You're Interested in Marijuana Stocks, You MUST See This]( [Marijuana in Container]( This is coming straight from one of the industry's top experts, Matthew Carr. He's identified the [next four stocks]( set to launch. He's pounding the table, telling investors, "You have a real shot at gains of 300% or more."  You are receiving this email because you subscribed to Liberty Through Wealth. To unsubscribe from Liberty Through Wealth, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Liberty Through Wealth | Attn: Member Services | 105 West Monument Street | Baltimore, MD 21201 North America: [1.877.806.4508]( | International: [+1.443.353.4610]( | Fax: [1.410.329.1923]( Website: [www.libertythroughwealth.com]( Keep the emails you value from falling into your spam folder. 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