Money Rules: 9 Rules to Massive Wealth

By Harry Abrahamsen

There are many books written for individuals who are seeking to build wealth, but when you reach the point of impressive success and multiple commas to your name, you may be reliant on your "inner circle" with your decisions about money. You feel you have control, but you are just a few mistakes away from sacrificing everything. This book is written for you, and in it you will find out the things you are missing, no matter how diversified your portfolio is or what you think you know about money. When you know the rules of how your wealth really works and the ideas and strategies within, you will be able to build and protect it, not just have success for a moment.

 

Introducing "Money Rules: 9 Rules to Massive Wealth" by Harry Abrahamsen — an innovative and game changing exploration of finance that challenges conventional wisdom and provides fresh insights into the world of money. With over two decades of experience in the finance industry, Abrahamsen, a seasoned business owner, devoted father, loving husband, and proud grandfather, brings a wealth of knowledge to the table. In an era dominated by headlines about banks and financial institutions, "Money Rules" stands out by offering unconventional ideas and strategies that defy the norm.

 

The journey begins with the opening chapter, "Money is Not Math and Math is Not Money," setting the stage for a transformative exploration into the art of accumulating and preserving wealth. "Money Rules" goes beyond the ordinary financial advice books. It introduces a comprehensive mindset tailored for individuals aspiring to attain massive wealth. By unraveling the true workings of money, this book equips you with the essential tools and insights needed to construct and safeguard your wealth for the long haul, transcending the fleeting successes often associated with finances.

 

Discover how to navigate the closely-guarded secrets that propel the world's elite to stratospheric success, empowering you to master the intricate pathways of wealth and emerge as a titan in your own right.

 

Discover the Secrets and Turbocharge Your Success Story!

• Language: English
• Publisher: Harry Abrahamsen
• Release date: Oct 6, 2023
• ISBN: 9798985431117

Book preview

Written for Influential Individuals, Entrepreneurs, Business Owners, and Families with Money.

There are many books written for individuals who are seeking to build wealth, but when you reach the point of impressive success and multiple commas to your name, you may be reliant on your inner circle with your decisions about money. You feel you have control, but you are just a few mistakes away from sacrificing everything.

This book is written for you, and in it you will find out the things you are missing, no matter how diversified your portfolio is or what you think you know about money. When you know the rules of how your wealth really works and the ideas and strategies within, you will be able to build and protect it, not just have success for a moment.

This book is not about what’s right or what’s wrong, it’s about doing things the right way.

MONEY RULES

9 Rules to Massive Wealth

©2023 Harry Abrahamsen

All Rights Reserved. Printed in the U.S.A.

First Edition

ISBN 979-8-9854311-1-7

All rights reserved. This book or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of the publisher except by a reviewer, who may quote brief passages and/or show brief video clips in a review.

The Library of Congress has cataloged this book as follows:

Library of Congress Control Number: 2023915633

For additional copies and further communication, contact us at:

9moneyrules.com

Contents

Acknowledgments

Introduction

Chapter 1 Rule - Money & Math

Money is not math and math is not money.

Chapter 2 Rule - Needs vs. Wants

We live in a want world.

Chapter 3 Rule - Protecting Money

It’s not what you make, it’s what you keep.

Chapter 4 Trusting the Bank

Chapter 5 Rule - Chasing the Markets & The Three Powers

Risks do not promise rewards.

Chapter 6 Rule - Micro vs. Macro

Massive wealth is about macro strategies.

Chapter 7 Moving Into Macro

The Strategies

Chapter 8 Rule - Banking

The best bank is the one you build.

Chapter 9 Borrowing to Lend

Chapter 10 Rule - Investing with Intention

Investments are not a strategy.

Chapter 11 Rule - Pre-Tax vs. Post-Tax

Pay tax now or pay later.

Chapter 12 Living in the Past

Chapter 13 Rule - Tax Intelligence

No one is invincible when it comes to the IRS.

Chapter 14 Making the Move

This book is dedicated to the love of my life, Jennifer, our granddaughter Jenevieve, and all seven of our children.

It is also dedicated to all the people who think they’ve got everything set up just right but dared to pick this up and read it.

Acknowledgments

Life is filled with so many experiences, unexpected surprises, meaningful friends, and acquaintances. All of the people I have known over the years, both professionally and personally, have helped me in some way to write this book. I want to thank everyone who I have had the chance to spend time with, and most particularly, I want to thank the people most involved in making this book possible.

My wife, Jennifer, who has been so supportive and a steady source of motivation, with me every step of the way, checking my work and offering great insight over many a glass of wine.

One of my advisors, and a special and loyal friend of mine, Roy, who has been a great sounding board, making sure all of my thoughts and ideas are reflected throughout the book.

My brother, Glenn, who’s in heaven.

Gabriel, who has been my rock and helped me complete this project.

Rebecca, who has been amazing with taking my ideas and concepts and helping me organize everything within my dyslexic mind.

My old friend Jack who taught me this business.

My mentor and friend Robert Castiglione who I met many years ago, who opened my mind to thinking in a macro way and with whom I’ve shared many ideas.

I am filled with gratitude.

Introduction

Some years ago, I was driving along La Grande Corniche in a Rolls Royce Dawn. It was the year of its release, and something about that moment and the drive itself reminded me of when I was nine years old spending Christmas with extended family in their home in Connecticut. I remembered how impressed I was by the two tennis courts and row of expensive vehicles when we pulled into the driveway. Their house was immense, and they had a large family. We were scattered around the house drinking cider, with all the ingredients of nostalgia—Christmas music, stories of the past, incredible treats, and the best turkey I’d ever tasted. At one point, the patriarch of the family played Christmas carols on the piano, and we kids sat on the floor next to him. After one of the songs, he stopped to spin around and ask us young people the question: What kind of car do you want to drive when you grow up? We each went up to the piano, said what we wanted, and sat back down again. Most of the kids said things like a big truck or a white convertible. Then when it was my turn, I shuffled over to the piano and stated that I wanted to have a Porsche. The father smiled and replied, If you want a nice car like that, you will have to work hard.

This is not groundbreaking wisdom for you. You’ve worked hard. You fly private with your signature drink in hand or sip champagne in first. You acquire the homes of previous legends or work with world-renowned architects, and your interiors are furnished with items from every corner of the world and art that museums want in their collections. You’re the one picking up the dinner tab when you’re out with friends, and you’re the first invited to important occasions, if you aren’t the host. This may not have been the situation when you were young. Your parents might have struggled to provide for you and your siblings, but this makes your way of moving through the world that much more meaningful.

You might’ve experienced setbacks, but you’ve risen out of the ashes. You’ve made it to where you are today because you have intrinsic motivation, because you understand risk and reward, and you’ve made the moves that result in more wealth. But there is something you are missing, and you might not know you are missing it. And this might mean you sacrifice it all.

Robert Kiyosaki has said, It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.

You’ve made it. What are you doing to keep it?

Many people seek to build enough wealth that money is no object, but the more you have, the more is at stake. The greater your sphere becomes, the more important it is to master the rules of wealth. You may feel you have enough income or assets to mitigate any disaster. This is a mistake; as your wealth increases, the threats to it increase, and if you have not taken the steps to secure it, it will be seized. It takes one unexpected event, one miscalculation, one poorly structured account, one change in infrastructure. The more wealth you have, the more you must be involved in it, the more discernment you must have about the individuals and institutions that impact it, and the more intentional you must be about where it is. To be rich enough to reach the point in which money is no object is, I’m sorry to say, a pipe dream that is as ignorant as it is dangerous.

When you don’t take this seriously, you essentially play a game of financial Jenga. For a while you enjoy the excitement of growing the pile, but then at some point when you start taking out blocks, things teeter. You keep adding more to the top, and you might even think it will make up for weaknesses in the structure. But when things become unstable, both in Jenga and with your wealth, it’s not just a tight spot, it is the beginning of the end.

The more you have the more is at stake.

There are a lot of financial books written with moderate incomes in mind. They instruct people on how to become wealthy and add another zero to their account. But this doesn’t apply when you have multiple commas to manage. There aren’t many financial books relevant to your situation, and the more you have, the more removed you may be from resources regarding wealth and finances. You don’t worry about it because what you are doing works just fine; why mess with it? You hire experts to manage things for you, and the wealthier you become, the more you rely on your inner circle instead.

What you knew about your wealth before you began to read this is most likely a set of traditional approaches to investments, real estate, private equity deals, and maybe cryptocurrency. By the end of this book, you will see these things not as a series of traditional items, but a board full of pieces that you will know how to move and maneuver in ways that your team of advisors would not think to try. I will be sharing what these pieces are and how they work and introduce you to a new realm of strategies. By the end of this book, you won’t simply be more informed, you will hold the key to massive wealth in ways you’ve not imagined.

There is no single individual or institution that will be able to assume this role in your place. Most traditional financial managers and advisors are tied to their mindset and their specialty, and they will never know enough about every element of your wealth to master it. They provide boilerplate approaches, and these will be tailored and altered for you, but never reimagined. They do things that worked for their clients in the past, they try things within a traditional structure, and they might deliver results that are good enough to keep working together. But when there is immense wealth involved, there must be an immense strategy with many moving parts that is not just tailored to you but invented for you. It must take into account everything about your situation—your wants, your timing, your family, your history, and your legacy—and it must move you further forward than traditional strategies will if you want to maintain and preserve massive wealth.

This isn’t about knowing every strategy there is; it is about shifting your mindset. It is about understanding the nature of money and how to move it. When you know what money really is and what your wants really are, you will be able to imagine and implement innumerable strategies and put institutions and individuals to work for you. This starts with seeing what is really happening, what you really are responsible for, and what the threats are, and structuring things to work as a well-oiled machine.

While this is written for people with significant wealth, the wisdom in this book will equip you to move into the next stage with your money, and the one after it. Some of the strategies are specific to a bracket, and if you do not fall within this bracket, you should still have them in your arsenal to implement when it is time. No matter your income, you must know how to protect your money while you make it, how to keep what you’ve made, and how to earn money from the money you spend without sacrificing your way of life.

There is some information I share in this book that you might be very familiar with if you’re savvy about money and the world of finance. I’m providing some straightforward information to ensure everyone reading this is informed on the elements involved in these strategies. This is not a financial encyclopedia. This is not personal finances for dummies, it’s about knowing the rules of money and how to put them to work in strategies that serve massive wealth.

By the end of this book, you will be working with every element in the sphere of your wealth simultaneously, and you will know how to maneuver traditional investments and institutions to work in ways you haven’t ever been shown. This mindset will forever shift the way you treat money and think about your wealth, and the strategies that I share along with it will equip you to put it into motion. You will walk away with bedrock strategies that even your advisor doesn’t know, but most importantly you’ll move through the world as the master of your wealth.

Chapter 1

Money & Math

When I’m at a cocktail party, I’m inevitably introduced to someone with means and many friends in the room. When they find out who I am and what I do, they want to tell me about their investments, some financial initiatives they’re thinking of getting into, and at some point they’ll mention their rates of return on some of their investments, seeming very confident that things are going as planned. It is at this moment that I realize they don’t know this rule of money and math and that they aren’t aware of the actual state of their wealth. Their impressive rates of return don’t represent money in their accounts and definitely don’t represent the state of their wealth in the future. They don’t have the whole story. And they may be wealthy enough that they do not realize this.

Money, unlike gold, is an idea of a commodity. It changes in worth and diminishes over time, and more importantly, it has no