Professional Documents
Culture Documents
Adrian Johnson
Debra Jizi
UWRT 1103-012
02 April 2018
Annotated Bibliography
"5 Financial Moves That Can Make You A Millionaire In 10 Years." National Debt Relief. N.p.,
mental qualities that we can have to maximize financial success. It helped me by telling
me that a good focus to have in the first portion of our journey is to make as much money
as possible. It also brought up the idea that investing in yourself is also a big focus, and
that we need to make sure that being educated and trained is a big portion of this fight to
financial freedom. I was also reminded that you always aim higher than your target. The
source will help me move forward as it supported the idea that a majority of earning,
saving, and investing money is your mindset, and that is how you will become free.
This online article was published by the National Debt Relief. While there is little
knowledge of the exact author, the NDR is a highly reputable organization with a strong
background in finance and economics. The founder of the organization is Tom Leydiker.
Leydiker is a skilled investor and entrepreneur and has spent over a decade studying
multiple different sectors of finance including: banking, real estate, and mercantilism.
The company has been ranked A+ from the BBB (Better Business Bureau).
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Guillebeau, Chris. The $100 Startup: Reinvent the Way You Make a Living, Do What You Love,
This book was increasingly intriguing and relevant to my inquiry, (Credit and thanks to
Mrs. Jizi). It focused on small businesses and startups and the characteristics that
startup cost, made at least $50,000 in net profit, required no special skills, and had less
than five employees. It outlined different startup paths, the requirements to start them,
and the methods to make them successful. This information pushed me to research more
into startup companies, as I had previously shrugged them off due to difficulty, expense,
and required active involvement. It also supported the idea that there are infinite paths to
The $100 Startup was written by Chris Guillebeau, a known blogger and author on
entrepreneurship. He is known for his blog and books on living self-employed and the
successes of companies which started from next to nothing. He himself has been self-
employed for a majority of his life. His writing also refers to many sources who have
built companies up from an idea with a small investment that are now highly successful
corporations.
Lynch, Peter, and John Rothchild. Learn to Earn: A Beginner's Guide to the Basics of Investing
Learn to Earn by Peter Lynch and John Rothchild was a significant source in my
inquiry. The book broke down the term "investing" into the most basic categories and
went into detail about each category. It gives a general knowledge about long-term
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savings accounts and similar alternatives, real estate and the investment in owning a
home, bonds and their advantages and disadvantages, and it breaks down stock exchange
into its different aspects. I used this knowledge to calculate the most efficient manner, in
term of interest and rate of growth, for long term and short-term investments and their
returns.
The book is authored in part by Peter Lynch, an investor in the American stock
market, long term mutual fund manager, and has written multiple books on the topics
around investing. The co-author, John Rothchild, is a writer who has extensive history
writing on finance and investing. He was also the editor of Washington Monthly and
columnist for Time and Fortune. The publishing company for the book is Fireside which
is trademarked by Simon & Schuster Inc which has published a multitude of books by
reputable authors including: Stephen King, Jackie Collins, and F. Scott Fitzgerald. Simon
publishing, and television producing company which has no evident ulterior motives
other than informative. The only caveat being that the book was published in 1995,
making its information slightly outdated, thought the concepts are generally up to date.
Perez, Edgar. The Speed Traders: an Insider's Look at the New High-Frequency Phenomenon
The Speed Traders focuses on the "phenomenon" of speed trading, also known as
high-frequency trading or day trading. This is one of the big options on how you could
invest your money for an increased output. This book gave me a look through the
perspective of many of the investors who have already been successful through day
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trading. I was able to see the methods they used and the paths that they took as they
paved their ways into this journey. I was also able to see some of the mistakes that they
made. This will help me in my pursuit of an efficient method to early retirement because
it showed me different ways I could use to utilize this highly efficient method of income.
It also supported my idea that day trading is a possible method to that retirement.
The book is authored by Edgar Perez who has written multiple books on
investing, high-frequency trading, and finance. Perez also has a Masters in Management
from Universidad ESAN, and a M.B.A. in Finance and Management from Columbia
Business School. Along with his credentials, he has also been a consultant for many
companies including IBM, and McKinsey & Company. The publishing company is
McGraw Hill Companies. McGraw Hill has an extensive history in publishing many
Global, which focuses on financial information and analytics. S&P Global also has many
subsidiaries such as Standard & Poor's, SNL Financial, and McGraw Hill Companies.
Through the author's credentials and S&P Global's investment in education of finance
and analytics, along with the book being published in 2011, make it a credible source of
information.
Sykes, Timothy. "10 Ways to Become a Millionaire in Your 20s." Entrepreneur. N.p., 04 Feb.
The article is relevant due to the methods in which Sykes uses to become a millionaire.
He states that in order to be as successful as possible, you need to focus on the boring
niches. He formally recognizes that you must make sacrifices in your social life in order
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to succeed in your financial life. Supporting the NDR's "5 Financial Moves That Can
Make You A Millionaire In 10 Years.", he states that you need to aim higher than your
goal, and once you hit that goal, you need to set a new one. A point he makes that helps is
that you don't need the next big idea, just build a better mousetrap. This source will be
Timothy Sykes has a bachelor's degree in philosophy and a focus in business from Tulane
University. He is known for investing an initial amount of $12,415 into different stocks
including penny stocks and day trading and turning that into $1.65 million before he
turned 21. He has been showcased in many known publications and has started a highly
successful hedge fund. He has also taken apprentices under his wing and has led many
into apparent fortune using the same methods that he made his fortune on.
Website Checklists:
"5 Financial Moves That Can Make You A Millionaire In 10 Years." National Debt Relief. N.p.,
Website: https://www.nationaldebtrelief.com/5-financial-moves-that-can-make-you-a-
millionaire-in-10-years/
Author: Diana
Authorship: Company
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Qualifications: Highly reputable financial and debt settlement company. Better Business Bureau
Update: I couldn't tell; currency is only relevant over long-term (decade) variations.
Maintained: Yes
Broken Lines: No
Sykes, Timothy. "10 Ways to Become a Millionaire in Your 20s." Entrepreneur. N.p., 04 Feb.
Website: https://www.entrepreneur.com/slideshow/299682
Authorship: Company
Qualifications: Known for turning $12k into $1.65 million in 5 years using saving and
investment strategies. Has taught courses on investing and has trained them to become
millionaires as well.
Purpose: Company, Educational/Public Service; The purpose is to inform the general public
about methods and choices that could lead them to gain wealth and stop wasting money.
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Provides: Balanced
Communication: Yes, this site provides multiple social media methods to contact the author and
Update: I couldn't tell; the information is not highly relevant on the currency of the website, it is
based on behavioral actions and methods that will make/save you money which aren't based on
currency.
Maintained: Yes
Broken Lines: No
Design: Well Designed, Easy to read, Help Screens available, site map available