How Close You Are To Becoming A Millionaire?


Scrooge McDuck swimming the backstroke across a sea of gold coins – your vision of a millionaire? The reality is that most millionaires have built their wealth through perseverance and hard work. Credit Suisse defines “millionaire” as someone with a net worth of at least $1 million. Using this definition, there are 28.6 million millionaires on the planet (World Wealth Report, Peterson). If you’d like to see how close you are to becoming a millionaire, figure your net worth by adding the value of your assets:

  • Home, its furnishings
  • Cars
  • Bank accounts and investments.

After you have a sum total, subtract your liabilities (the balance of mortgage, car loans, credit card balances and other outstanding debts). What’s left is your net worth. Here is an online calculator to simplify the math. Keep reading this post


Understanding Investing

150318181552-get-started-investing-780x439If you are looking to start investing in private companies, you need to understand what happens after the investment and how to manage your portfolio.


What Happens After You Invest?

Depending on the range of factors such as the performance of the startup, the terms of your investment, the terms of any subsequent financing rounds, and the terms of any liquidity event the are a few possible outcomes of your investment which include: Keep reading this post

New Crowdfunding: JOBS Act Title III For Investors

Crowdfunding and other forms of alternative finance are quickly redefining the capital market as we know it, by granting investors unprecedented access to previously exclusive markets. And with the passage of Title III, the crowdfunding’s reach has been expanded even further to include non-accredited investors. Here are some basics of the way the new crowdfunding works.

Investor Limitations:

  • Both accredited investors and non accredited investors may invest in Title III crowdfunding offerings – subject to caps based on their income and net worth.
  • Individual investors, over a 12-month period, can invest in the aggregate across all crowdfunding offerings up to: Keep reading this post

New Crowdfunding: JOBS Act Title III For Issuers.


Yesterday, new crowdfunding regulations under the JOBS Act Title III opened a new door in crowdfunding – now non-accredited investors can invest in private companies using online intermediary platforms. If you are considering crowdfunding for your business, here is what you need to know:

  • A company can raise a maximum aggregate amount of $1 million through crowdfunding offerings in a 12-month period via a registered broker-dealer or registered crowdfunding portal. Keep reading this post