It took a tragedy not far removed from Wayne Rogers to wake him up when it came to money and how to handle it. According to an interview he gave to the Financial Intelligence Report, Wayne had first met Peter Falk when the two shared a room in New York City. Falk, an accomplished film, stage and television actor, later suffered a financial trauma not uncommon to many other celebrities. In the 1970s while both the longtime friends were living and working in Hollywood, Peter Falk became a victim of fraud.
Falk lost around $250,000 to a crooked business manager and he wasn’t alone. Bad investments had claimed the fortunes of many of Hollywood’s Elite. John Wayne almost went bankrupt due to bad investments. Bud Abbot of Abbot and Costello spent his last days dying of cancer and flat broke in Woodland Hills, California. Poor money management and a huge IRS bill claimed the fortunes of both members of the famous comedy team. Jackie Coogan earned over four million dollars as a child star in the 1920’s, but lost all his money to his mother and stepfather who had invested badly and wasted the rest on a lavish lifestyle.
These lessons on how celebrities had handled their money were a wake up call to Wayne. He began looking into the world of investing and started his financial empire by purchasing apartment buildings in foreclosure. Rogers started investing with a simple goal in mind. He wanted to hold on to his money and make it grow. He later moved on from real estate to stocks and bonds.
Wayne Rogers has had a distinguished acting career having appeared in films like Cool Hand Luke and Ghosts of Mississippi, as well as having played the unstoppable Capt. John Francis Xavier 'Trapper John' McIntyre in M*A*S*H from1972-1975. He still makes movies and appears on television, but he has also become a superstar in another genre. Rogers has become a force to be reckoned among the elite of super investors.
Wayne Rogers can frequently be seen on Fox News giving investment advice that people are eager to follow. He prefers mutual funds because they limit risk, but also likes commodities. Like many investors, he watches the state of the economy and the performance of individual companies. When it comes to choosing stocks, Rogers prefers many and says that company earnings are the key to deciding which to buy because they drive stock prices.
Charismatic, well-spoken and funny, Wayne Rogers has succeeded in two of the world’s most difficult professions: Acting and Investing. The lesson he teaches us is a simple one based on his original investing goal: Hold on to your money and make it grow!
Read more at http://www.billknell.com
The Disconnect Between Hollywood and Traditional Values: A Box Office Analysis
Hollywood's recent trend of producing films with liberal themes and outspoken actors has led to a noticeable decline in box office sales. This article explores the potential reasons behind this slump, examining whether Hollywood's departure from traditional values is alienating its audience. We delve into the statistics, provide nuanced insights, and cite authoritative sources to present a comprehensive analysis.
Will Area 51 Be The Next Big Tourist Attraction?
Imagine the look on my face when I heard that Area 51 might be the next Kennedy Space Center or Air Force Museum? Both the Space Center and Air Force Museum are two of the most popular, yet least publicized attractions in the USA. Boasting an amazing array of exhibits, aircraft, spacecraft and Imax presentations, these tourist destinations are home to some of our greatest national treasures. However, could they even hold a candle to the popularity of Area 51 as a tourist destination if it were opened to the public?
Does Clean Mean Extreme Green?
Growing up in the suburbs of New York City in the 1960s was a pleasurable experience. Venturing into New York City, especially Manhattan, was not. The smell of car, truck and bus exhaust combined with a number of other foul vapors to produce a pollution mix that almost seemed toxic. If you were used to it, the city air was probably something that you were able to tolerate. However, to those who spent more time out of the city then in it, the air was filthy and made you sick.
