This week on the show, Tony talks with Cordell Frazier, a newly minted millionaire. Cordell wasn’t born into money. He grew up on the lower end of the economic scale in a little town in Mississippi.
While he wasn’t born with money smarts, he did pickup a few good financial principles and habits like not going into debt or over spending. However, Cordell didn’t know anything about investing and multiplying his money. He was a late blooming millionaire. Cordell made his millionaire choice at 38 and just crossed the millionaire milestone at 47. 9 years start to finish. Not too bad.
It is generally recommended to hold 5% of your assets in gold and silver.