Our 4-Hour Workweek tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9 2008-05-12T21:59:21Z Our journey to achieve a 4-hour workweek - the Timothy Ferriss way Movable Type 3.33 Seven Great Mutual Funds With High Returns & Low Risk tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1461 2008-05-12T21:39:47Z 2008-05-12T21:59:21Z A "thirty-something" colleague of mine asked me last week what would I recommend he invest in given he had $10,000. I love these kinds of questions and with zeal set out to come up with a meaningful recommendation. Considering his... Pierre Cutler www.sacramentoexecutive.com the MSN Money Central website and the deluxe mutual fund screener. I set the following search criteria:
  1. 10-year annualized return equal to or greater than 12%;
  2. Morningstar rating of 5-star;
  3. Morningstar risk of low;
  4. Zero front-end load.
The search yielded 7 hits: Vanguard Precious Metals and Mining (VGPMX) at 22.44% per year; Fidelity Select Medical Equipment/Systems (FSMEX) at 14.41%; Waddell & Reed Adv Science & Technology (USTFX) at 13.17%; Ivy Science & Technology (WSTCX) at 12.69%; and three Neuberger Berman Genesis funds (NBGNX, NBGEX, and NBGAX) at 12.34%, 12.29% and 12.01% respectively. Wow! Seven great funds with low risk and 10-year annual returns of 12% or more. Pretty good stuff! Pierre Cutler Our 4-Hour Workweek]]> The Tim Ferriss Lifestyle of My Favorite Bloggers tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1458 2008-05-07T00:44:43Z 2008-05-07T01:00:16Z The 4-Hour Workweek blogging lifestyle is working for J.D., Darren, Millionaire Mommy, and Tina. Their readership experienced double digit growth over the past two months, since my initial report. I read four blogs with a 4-Hour Workweek flair on a... Pierre Cutler www.sacramentoexecutive.com initial report. I read four blogs with a 4-Hour Workweek flair on a regular basis.
  1. Get Rich Slowly, authored by J.D. Roth; subscriber base of 56,053 (up 18.8%);
  2. Problogger, authored by Darren Rowse; subscriber base of 47,862 (up 15.5%);
  3. Think Simple Now, authored by Tina Su; subscriber base of 5,049 (up 14.0%);
  4. Millionaire Mommy Next Door, author is anonymous; subscriber base of 3,062 (up 18.5%).
Congrats to Tina Su's readership growth, given she has been on a mini-retirement trip to India for the past two months and hasn't posted since February. I expect Tina will return in a month and look forward to her new material. Pierre Cutler Our 4-Hour Workweek]]> Livney Lives The 4-Hour Workweek Way tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1453 2008-05-05T00:41:44Z 2008-05-05T00:54:50Z Tim Ferriss, you would be proud of Jeff Livney! Check out his story, courtesy of Angela Shah, reporter for the Dallas Morning News. Jeff Livney thought he wanted to be an attorney, so, at 16, he secured a paid internship... Pierre Cutler www.sacramentoexecutive.com Jeff Livney thought he wanted to be an attorney, so, at 16, he secured a paid internship at a law practice in California. For one of his first assignments, he was asked to create the firm's Web site. "They assumed all young high school guys knew about this, and I didn't," he said. "But I had a friend that did. So I paid him less than what I was being paid and enjoyed a leisurely summer in California." With that mindset, Mr. Livney created Liveny+Partners, a full service boutique marketing firm in the four years since that internship.Now that's a true 4-Hour Workweek entrepreneur! Pierre Cutler Our 4-Hour Workweek]]> Pierre & Gillian Tango in Buenos Aires tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1441 2008-04-13T17:50:14Z 2008-04-13T18:02:17Z Move over Tim Ferriss - Gillian & I can tango too! And here is our proof. The past two months got away from me - continuous intense work-related road trips left me no time for my passion - blogging. But... Pierre Cutler www.sacramentoexecutive.com
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The past two months got away from me - continuous intense work-related road trips left me no time for my passion - blogging. But how sweet the last week was - a trip to Argentina - my first ever. And it won't be my last. Already we are looking for an apartment in Buenos Aires to try out the 4-hour workweek concept. The ideas are churning - blogging, wine country tours to Mendoza, executive recruiting, and an international vacation rental property management company. I am back and ready to continue the journey for a 4-hour workweek. Pierre Cutler Our 4-Hour Workweei]]> Teaching Your Kids To Be Rich tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1432 2008-03-14T21:36:52Z 2008-04-13T17:38:09Z I found an interesting acticle by Abby Ellin on the MSN's Money Central today - "Can You Teach Your Kids To Be Rich?" If you are a parent with young children, this is well worth your time to read. Pierre... Pierre Cutler www.sacramentoexecutive.com "Can You Teach Your Kids To Be Rich?" If you are a parent with young children, this is well worth your time to read. Pierre Cutler Our 4-Hour Workweek]]> Wall Street 4-Hour Workweek In Review For Feb. 16 tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1419 2008-02-20T02:54:48Z 2008-02-20T03:15:47Z For the week:The Dow Jones Industrial Average rose 1.3% (-7.0% year to date) to 12,337.22.The NASDAQ rose 0.1% (-13.0% year to date) to 2,306.20.The S&P 500 Index rose 1.3% (-8.1% year to date) to 1,348.78.The Power Women 50 Index rose... Pierre Cutler www.sacramentoexecutive.com
  • The Dow Jones Industrial Average rose 1.3% (-7.0% year to date) to 12,337.22.
  • The NASDAQ rose 0.1% (-13.0% year to date) to 2,306.20.
  • The S&P 500 Index rose 1.3% (-8.1% year to date) to 1,348.78.
  • The Power Women 50 Index rose 0.1% (-6.5% year to date) to $88,286.98 (details).
  • The Magic Formula Index rose 1.2% (-9.4% year to date) to $88,724.62 (details).
  • The Dogs of the Dow fell 0.5% (-4.3% year to date) to $95,734.44 (details).
  • Our 4-Hour Workweek basket of stocks and cash rose 6.5% (-4.4% year to date) to $23,097.51.
  • Pierre's 401K group of mutual funds rose 3.1% (-8.5% year to date) to $62,320.95.
    • My road to $1,000,0000 rose 4.0% to $85,418.46. Note: data is as of market close on February 19. Pierre Cutler Our 4-Hour Workweek ]]>     How To Set Yourself Free To Live And Work Wherever You Choose tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1415 2008-02-15T16:43:40Z 2008-02-15T16:53:18Z J.D. Roth at Get Rich Slowly was asked the question by one of his readers, “What motivated you to take control of your finances?” Here’s J.D.’s response:I started to answer but, as conversations will, our discussion lost its focus. I... Pierre Cutler www.sacramentoexecutive.com Get Rich Slowly was asked the question by one of his readers, “What motivated you to take control of your finances?” Here’s J.D.’s response:
    I started to answer but, as conversations will, our discussion lost its focus. I never gave a complete response. I thought about the question for the rest of the day, though, and concluded that for me, money represents freedom. In his book "Debt is Slavery", Michael Mihalik writes:
    "Too many people hate their jobs but are afraid to leave, because they wouldn’t be able to pay their mortgage, credit card bills, car loans, or boat loans. Debt can turn a free, happy person into a bitter human being. Debt can turn you into a slave."
    For fifteen years, I felt like a slave. Debt was the dominating force in my life. My choices were limited by the fact that I owed tens of thousands of dollars. For a long time, this burden only weakened me — I took on more debt in a futile attempt to ease the pain with more stuff. Eventually I realized that what I wanted was freedom — freedom to work and live where I wanted, freedom to travel, freedom to retire early — and that the only way I could achieve this freedom was by eliminating debt. My non-mortgage debt is gone now, but this desire for freedom remains my primary motivation. It’s why I’m willing to live frugally. It’s why I want a huge emergency fund. It’s why I want to pay off the mortgage.
    Sounds like J.D. is a true disciple of Tim Ferriss. Click here for J.D.'s complete post. Pierre Cutler Our 4-Hour Workweek ]]>     David Gardner Reveals The Greatest Secret To Investing tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1397 2008-02-10T15:59:57Z 2008-02-10T16:06:30Z David Gardner, co-founder of The Motley Fool, reveals "The Greatest Secret Of All" to investing -"Find good companies and hold those positions tenaciously over time to yield multiples upon multiples of your original investment."Click here to read the entire story.... Pierre Cutler www.sacramentoexecutive.com "The Greatest Secret Of All" to investing -
    "Find good companies and hold those positions tenaciously over time to yield multiples upon multiples of your original investment."
    Click here to read the entire story. Pierre Cutler Our 4-Hour Workweek ]]>     Wall Street 4-Hour Workweek In Review For Feb. 9 tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1395 2008-02-09T17:33:01Z 2008-02-09T17:36:04Z Mr. Market gives and Mr. Market takes. This week he took back precisely what he gave the previous week. Last week the Dow Jones Industrial Average gained 4.4% and this week the Dow fell 4.4%. For the week:The Dow Jones... Pierre Cutler www.sacramentoexecutive.com
  • The Dow Jones Industrial Average fell 4.4% (-8.2% year to date) to 12,182.13.
  • The NASDAQ fell 4.5% (-13.1% year to date) to 2,304.85.
  • The S&P 500 Index fell 4.6% (-9.3% year to date) to 1,331.29.
  • The Power Women 50 Index fell 2.4% (-6.6% year to date) to $88,168.83 (details).
  • The Magic Formula Index fell 5.7% (-10.5% year to date) to $87,694.29 (details).
  • The Dogs of the Dow fell 6.7% (-3.8% year to date) to $96,222.01 (details).
  • Our 4-Hour Workweek basket of stocks and cash fell 1.9% (-10.2% year to date) to $21,680.01.
  • Pierre's 401K group of mutual funds fell 4.8% (-11.3% year to date) to $60,445.49.
    • My road to $1,000,0000 fell 4.1% to $82,125.50. Upcoming this week – I plan to invest $1,043.30 in my 401K. du Pont (NYSE symbol DD) and General Motors (NYSE symbol GM) will announce their dividends. I expect du Pont will pay 41 cents per share (3.63% yield) and GM 25 cents per share (3.8% yield). The Dogs of the Dow offer great yields given the current market conditions. Pierre Cutler Our 4-Hour Workweek ]]>     Tracking 4-Hour Workweek Style Blogs tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1393 2008-02-08T03:20:27Z 2008-02-08T03:48:06Z I read four blogs with a 4-Hour Workweek flair on a regular basis.Get Rich Slowly, authored by J.D. Roth; subscriber base of 47,147;Problogger, authored by Darren Rowse; subscriber base of 41,530; Think Simple Now, authored by Tina Su; subscriber base... Pierre Cutler www.sacramentoexecutive.com
  • Get Rich Slowly, authored by J.D. Roth; subscriber base of 47,147;
  • Problogger, authored by Darren Rowse; subscriber base of 41,530;
  • Think Simple Now, authored by Tina Su; subscriber base of 4,429;
  • Millionaire Mommy Next Door, author is anonymous; subscriber base of 2,585.
    • Darren Rowse and J.D. Roth make enough income with their blogs that both quit working for someone else (J.D. Roth was in sales and Darren was a minister). The Millionaire Mommy Next Door works with her husband in their small plumbing business and actively runs the family's investment portfolio, earning a 14.3% return on investment in 2007 (versus 6.4% for the Dow Jones Industrial Average). And Tina Su, after launching her successful blog just four months ago, left last Thursday for a three-month mini-retirement trip to India. Can you see a bit of Tim Ferriss in each of these bloggers? I do. They make great online mentors. By studying each of their efforts, perhaps I will be able to learn and implement some of their successful techniques. Pierre Cutler Our 4-Hour Workweek]]>     The Tina Su Story - How To Get 2000 Subscribers In 90 Days tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1391 2008-02-05T23:11:11Z 2008-02-05T23:34:29Z Recommended reading: Tina Su's guest blog at the website of Darren Rowse, Problogger.net - "From 0 to 2000+ Subscribers In 90 Days" After reading Tina's blog, I now declare to be her disciple. Her blog, Think Simple Now, has grown... Pierre Cutler www.sacramentoexecutive.com "From 0 to 2000+ Subscribers In 90 Days" After reading Tina's blog, I now declare to be her disciple. Her blog, Think Simple Now, has grown from 0 to 4,466 subscribers since September 27, 2007. In addition to her great advice on finding clarity, motivation, productivity, creativity and happiness, her recommended reading list is awesome; and, I just love her website name - Think Simple Now. It plays along with my desired lifestyle changes of "less is more", downsizing and "escape the 9 - 5, live anywhere". Pierre Cutler Our 4-Hour Workweek ]]> Ten Resources On How To Quit Your Day Job tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1382 2008-02-04T08:02:25Z 2008-02-04T14:02:31Z Here's a fun technique that I've grown to like over time. Think of a subject and exercise a Google search to see what is out there. And so today I searched on the exact phrase "Quitting Your Day Job". Google... Pierre Cutler www.sacramentoexecutive.com
  • Risks vs. Rewards - Quitting Your Day Job to Become an Entrepreneur
  • Quitting Your Day Job - Podcast 1 and Podcast 2
  • 5 Ways to Start A Company Without Quitting Your Day Job
  • Is It Wise To Quit Your Day Job And Depend On Your Website For Income?
  • How To Know When To Quit Your Day Job And Work From Home Full Time
  • My Blueprint For Quitting Your Day Job
  • Quitting The Day Job - Finding The Guts To Pursue Your Dreams
  • Seriously – Half Of The Secret To Quitting Your Day Job To Make Money Online – Spend Less
  • How To Quit Your Day Job In Six Not So Easy Steps
  • How To Quit Your Day Job
    • Now stop dreaming and just do it - Quit Your Day Job! Pierre Cutler Our 4-Hour Workweek ]]>     J.D. Roth Is Getting Rich Slowly tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1381 2008-02-03T18:38:13Z 2008-02-03T18:46:29Z Two months ago, I reported that J.D. Roth, blogger at Get Rich Slowly, had announced he was quitting his corporate sales job to devote 100% of his working efforts to his blogs Get Rich Slowly and Get Fit Slowly. In... Pierre Cutler www.sacramentoexecutive.com Get Rich Slowly and Get Fit Slowly. In the December 2nd post, it was noted that J.D. had 34,726 subscribers and was generating a monthly income of $5,000 (14 cents per subscriber - my math estimate). A quick check this morning at Get Rich Slowly shows he now has 45,305 subscribers. He grew readership by 30.5% in two months. Prorating his income at 14 cents per subscriber, I estimate his blog is now generating a monthly income of $6,340. He launched Get Fit Slowly in October and now has 1,083 subscribers (estimated at $150 month income). I wonder if he could have earned a 30% raise in pay at his corporate sales job the last two months? Pierre Cutler Our 4-Hour Workweek ]]> Tim Ferriss And The Weekend Retirement Contest tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1379 2008-02-03T16:15:43Z 2008-02-03T16:25:33Z What did you do this past weekend? Was it productive? Or did you just goof off and get nothing done? Tim Ferriss poses this question in his latest blog at "Experiments in Lifestyle Design". Read the blog The Weekend Retirement... Pierre Cutler www.sacramentoexecutive.com "Experiments in Lifestyle Design". Read the blog The Weekend Retirement Test Drive: Groundhog Day and The Rest of Your Life (Plus: Competition) and enter his contest to win a valuable prize. Pierre Cutler Our 4-Hour Workweek ]]> Wall Street 4-Hour Workweek In Review For February 2 tag:www.sacramentoexecutive.com,2008:/our4hourworkweek//9.1377 2008-02-02T18:09:06Z 2008-02-02T18:47:37Z In today's "Wall Street Journal", Mark Gongloff reports: "After weeks of wallowing in gloom, Wall Street is suddenly full of optimists." Wow! How fast the naysayers change! The Dow Jones Industrial Average enjoyed a 4.4% gain this week - the... Pierre Cutler www.sacramentoexecutive.com "Wall Street Journal", Mark Gongloff reports: "After weeks of wallowing in gloom, Wall Street is suddenly full of optimists." Wow! How fast the naysayers change! The Dow Jones Industrial Average enjoyed a 4.4% gain this week - the best weekly performance since March 2003. The markets shook off more bad news during the week - a negative jobs report, bond insurers taking massive losses, and President Bush's comments about the weakening economy in his state of the Union address. For the week:
    • The Dow Jones Industrial Average rose 4.4% (-3.9% year to date) to 12,743.19.
    • The NASDAQ rose 3.7% (-9.0% year to date) to 2,413.36.
    • The S&P 500 Index rose 4.9% (-5.0% year to date) to 1395.42.
    • The Power Women 50 Index rose 4.1% (-4.3% year to date) to $90,331.42 (details).
    • The Magic Formula Index rose 5.5% (-5.0% year to date) to $93,027.26. (details).
    • The Dogs of the Dow rose 7.1% (+3.2% year to date) to $103,163.09 (details).
    • Our 4-Hour Workweek basket of stocks and cash rose 2.2% (-8.5 year to date) to $22,107.51.
    • Pierre's 401K group of mutual funds rose 6.1% (-6.8% year to date) to $63,488.13.
    My road to $1,000,0000 recovered 5.1% to $85,595.64. I like the results of last week. There will be more good weeks ahead, but patience is in order. Don't panic. Stay the course. Keep investing. I did, contributing $1,043.30 last week to my 401K, and I won't stop investing. Count on me to invest $1,043.30 every two weeks. I have to be disciplined, regardless of the ups and downs of the market. I am on a long journey. I may encounter detours and uphill climbs, but I know where I'm going. Remember, my strategy to reach my destination is two-fold - investments and owning businesses. Pierre Cutler Our 4-Hour Workweek]]>