Secrets to becoming a millionaire

Although having a million bucks isn't as impressive as it once was, it's still nothing to sneeze at.

According to the World Wealth Report 2011, an annual study by Capgemini and Merrill Lynch, the number of Australians with investable assets worth more than $1 million dollars - excluding primary residence - stands at around 192,000 people.

That's quite a few people, and chances are there are one or two of them living near you.

Heck, one of them might even be your neighbour. In fact, the odds are very good that it is your neighbour.

But, Len, you don't know my neighbour. That guy doesn't look anything like a millionaire.

Well, guess what? Your suburban millionaire neighbour called (oh yeah, we go way back) and the two of us had a nice little chat.

Here's a few things he shared with me – but apparently doesn't want to tell you. (No offense, I'm sure.)

See what your millionaire neighbour won't tell you >

Len Penzo is a personal finance blogger at

Source: Business Insider

Nov 16, 2012

Secrets to becoming a millionaire

Most millionaires didn't get rich overnight. Many learnt these simple secrets early on and lived their lives accordingly.