The term "American dream" was coined in a best-selling book in 1931 titled Epic of America. James Truslow Adams described it as "that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement." The American dream was aided by a number of factors that gave the United States a competitive advantage over other countries.
Now to have your own American Dream, you have to have tools of the 4Ps:
Joining us for our discussion on Developing Your American Dream is ED HAJIM, the son of a Syrian immigrant, is a seasoned Wall Street executive with more than 50 years of investment experience. He has held senior management positions with the Capital Group, E.F. Hutton, and Lehman Brothers before becoming chairman and CEO of Furman Selz. Hajim has been the co-chairman of ING Barings, Americas Region; chairman and CEO of ING Aeltus Group and ING Furman Selz Asset Management; and chairman and CEO of MLH Capital. He is now chairman of High Vista, a Boston-based money management company. In 2015, he received the Horatio Alger Award, given to Americans who exemplify the values of initiative, leadership, and commitment to excellence and who have succeeded despite personal adversities. His latest book is The Island of The Four P's: A Modern Fable about Preparing For Your Future. Welcome to Mastering Your Money, ED HAJIM.