The Garage Sale Millionaire

April 18, 2016
Hosted by Jordan Goodman

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Episode Description

When ten-year old Aaron LaPedis asked his Dad for new toys, he got a lesson in capital formation. Sell your old ones and reinvest the profit , his Dad said. So they had a garage sale with Aaron in charge. Receipts for the weekend were about $2000. With that starting capital, Aaron became a "treasure hunting entrepreneur." (Investors hedging high inflation by buying physical assets that appreciate with time, use the term collectibles.} By his late twenties, Aaron was a millionaire and nationally recognized authority. To this day, he will say that millions can be made with starting capital no higher than he had. Globalization and technology have greatly expanded opportunities but also multiplied the scams, pitfalls and general risks of collecting. His latest book, The Garage Sale Millionaire, written with fellow collector, Jeffrey D. Kern, is a remarkably comprehensive and readable guide to what you have to know, whether you're planning a garage sale or a mega deal with eBay.

The Money Answers Show

The Money Answers Show

Monday at 12 Noon Pacific Time on VoiceAmerica Business Channel

Do you need directions to a solid financial future? If so, The Money Answers Show with Jordan Goodman will provide you with a roadmap to making smart money decisions in every area of your personal finances. Join Jordan every Monday at 12 PM/PST 3 PM/EST for The Money Answers Show, on the VoiceAmerica Business Channel. Learn how and where to get the best deals on mortgages, cars, and insurance; find out the best ways to save for college and retirement, get out of debt, improve your credit rating, and save on your taxes. The Money Answers Show with Jordan Goodman will provide you with great tips on investment opportunities in real estate, stocks, annuities, and other investment vehicles. That’s The Money Answers Show with Jordan Goodman on the VoiceAmerica Business Channel, every Monday at 12 PM/PST.

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Jordan Goodman

Jordan Goodman

Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.

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