March 28

The Richest Man in Babylon – Audio

Felix Cesar

The Richest Man in Babylon is a Life Changing Novel using Parables set in Ancient Babylon to discuss Financial Progression and How to Acquire Riches. A Must Read for Success!

I read this book for the first time in 1988, while studying business administration at Southern New Hampshire University on a military campus. I must admit it was difficult for me to visualize the parables as applicable to me.  However, in 2008, 20 years later I purchased a copy of the book at a thrift store. I reacquainted myself with the parables realizing they were very applicable. Today, I live by the teachings of the parables. I am financially free.


Felix A. Montelara

Author & Host Potencial Millonario and Author of Bulletproof Finances (Future Release 2014)

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March 26

The Millionaire Next Door – Audio

PM office building felix face

The Millionaire Next Door accumulates 100′s of interviews within wealth ranking neighborhoods and discovers the habit so many of these wealthy individuals share. *A must read for success. I’ve provided the full audiobook of the novel for you to listen to.

You will need about 8:45 hour to listen to this audio. If you do complete the audiobook it will lead you to succeed with money. The authors of  The Millionaire Next Door make it clear that high income does not equal wealth. Want to learn more? Enjoy the audiobook below.

Felix A. Montelara

Host & Author: Potencial Millonario and Author: Bulletproof Finances (Future Release Summer 2014)

Amonzon Book cover

February 20

The Potential Millionaire Is Back Online

We are back online after almost two weeks of conducting updates. We are a work in progress and as you can see the Potential Millionaire Club is not available. I am working on the back end to get the Club up and running. If you were one on the original 157 members. stay tuned. I apologize for any inconvenience.

Here is a video I just completed a few minutes ago talking about this in Spanish/Español.



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October 25

From Welfare to Millionaire- The Ella Coney Story

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This is a great and inspiring story from

npr-books-logo-color Series:  “Great Expectations,” we meet Ella Coney.

She went from a single parent facing jail time for welfare fraud to a real estate millionaire.

Coney tells Farai Chideya how she overcame some tremendous obstacles in her life and talks about her new memoir, When You Fall Down – Get Up!

Enjoy the Audio

Click here for Audio

October 24

Tax Heaven For Millionaires – Puerto Rico


Puerto Rico Beach Condado Area By Potencial Millonario

Click here or on Photo for NPR Audio Podcast 

By NPR News

A few weeks ago, Alberto Baco Bague arrived in New York for a roadshow of sorts. In just 48 hours, Baco, Puerto Rico’s secretary of economic development and commerce, met with more than 30 hedge fund managers, investors and others who could be classified as very well-off.


For Baco and the Puerto Rican government, the benefits of injecting more rich people into the island are clear. “We are a poor island, and this is our way of developing [and] developing employment in Puerto Rico. We are very serious about that,” he says.s mission might seem quixotic at best: trying to convince these well-heeled New Yorkers to uproot themselves from Manhattan and relocate to Puerto Rico. But he says they are starting to come.

Baco has an enticing carrot for the investors. Under laws enacted in 2012, when someone moves to the island, all of that person’s investment income, like capital gains, dividends and the like — is completely tax-free. Plus, service income — say, a hedge fund’s management fees, is taxed at just 4 percent. And, as it is for all Puerto Rico residents, there’s no federal income tax.

Occasional Visitors Need Not Apply

The catch is that you can’t just set up a post office box and call yourself a resident. You have to move for real. Like Damon Vickers has.

“I love it. I love Puerto Rico, I love the climate, I love the people, I love the energy of the place,” Vickers says, sitting by the pool at the La Concha resort in Puerto Rico’s capital, San Juan.

Vickers moved his hedge fund and his family here from Seattle earlier this year. He had been eyeing the U.S. Virgin Islands for a move, but then caught wind of Puerto Rico’s new tax benefits. For him, it’s about simple math.

“I like making money. And we want to go to a place where our money is treated the best, so we might benefit ourselves, and we might also benefit our investors,” he says.

His friends in the investing world are watching closely to see how he fares. Many are unaware the island even has a financial district, much less modern highways and shopping malls. Once they learn more, many worry about the crime, including a murder rate six times the U.S. average. And, given its gritty reputation, word hasn’t gotten out that the wealthy can live well in Puerto Rico.

Paco Diaz, with Trillion Realty Group, the local affiliate of Christie’s, is among those trying to convince them. Picking them up in his late-model BMW SUV, he takes investors around tony neighborhoods like Condado on the San Juan beachfront, pointing out homes selling for millions.

He shows off resort hotels, new condo buildings and high-end stores along a segment he says many call “the Puerto Rican version of Fifth Avenue.” New York’s storied shopping strip doesn’t have anything to worry about, but one block here does feature Louis Vuitton and Cartier.

To take advantage of the tax breaks, the rules say you must live in Puerto Rico at least 183 days a year and prove that you’re really part of the community. Your spouse must live with you, and your kids must go to local schools. Some of the best, like the private Saint John’s School, are just feet from the ocean, which Diaz uses as a selling point. He points out students attending a surfing school behind him. “They just go across the street with their surfing boards to catch some waves,” he says.

If the city life is not to the investors’ liking, Diaz takes them to the suburb of Dorado. It’s a gated community on steroids. Past its guards, you’ll find lush palm trees, golf courses, private beach clubs and a water park. A few nights at the Ritz Carlton resort here costs about what the average Puerto Rican makes in a year. Singer Ricky Martin lives around the corner.

Diaz’s colleague Coco Millares says the tax incentives are already boosting her business. “We have had, since they passed the law, much more interest in Dorado than we had before,” she says.

Hoping To Boost A Weak Economy

But back in San Juan, few residents had even heard of these tax breaks. When told the details, their reactions were mixed. One thought it could bring some much-needed money to the island. But others, like restaurant worker Estefania Colon, were resentful that locals pay taxes while the newcomers are exempt from many of them.

“They’re already rich, and they’re making more money from us?” she says.

Tax incentives are nothing new to Puerto Rico. For decades, tax breaks brought manufacturing and pharmaceutical firms to the island. But many incentives have been phased out, and some officials believe that’s one reason the island’s recession has been so deep. Unemployment is nearly 14 percent, and the average income is about half that of Mississippi.

The hope is that a few super-rich people will help turn some of that around and beef up the service and financial sectors, while also buying real estate, eating at restaurants, hiring locals and, eventually, maybe even invest their own money in big projects on the island.

The zero percent tax on investment income, and the 4 percent corporate tax, went into effect at the start of 2012. The goal is for 500 wealthy investors to come in the next four years. So far, 77 have applied.

The investment tax breaks are guaranteed until 2036. Only congressional action — or granting Puerto Rico statehood — would put a stop to them. But while some say this is just Puerto Rico becoming the latest tax haven, there has been little serious opposition.

Mauro Guillen, a professor of international management at the University of Pennsylvania’s Wharton School, says Puerto Rico officials are being a bit optimistic about the direct effects.

“It is not going to create a major migration to Puerto Rico,” Guillen says. The biggest boon could be indirect, he explains. Even if just a few people move, it could change the conversation about the island.

“Puerto Rico will be making the headlines. It will be perceived as a location where you should do business in,” Guillen says.

Lawyer Fernando Goyco, who advises many of the investors, says in his practice, it’s millionaires, not billionaires, who are showing the most interest in moving for the tax deal. That could be a good thing for Puerto Rico, he says — too many super-rich moving here to avoid taxes could draw congressional scrutiny.

And he’s not surprised big honchos aren’t flocking to his island. “Moving somebody from New York to Puerto Rico, that’s very difficult, that’s very difficult. Moving somebody from Kansas to Puerto Rico [or] from North Carolina to Puerto Rico — it’s a different story,” he says, chuckling.

But as the word spreads, he says, millionaires are calling his office

October 11

Showdown Day 11, October 2013

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Friday’s Close:



 +111.04 / +0.73%

After one of the biggest rallies of the year yesterday, stocks moved higher again today as investors wait for further progress in Washington on resolving the debt ceiling standoff.  A proposal will be introduced, that will raise the debt ceiling and reopen the government with some requirements.  Well as I see it the raising  of debt ceiling will be approved by Columbus Day and the shutdown may or may not end.  This is my last blog on this subject, with the exception of some dramatic change.

I would like to invite you to visit my blog and learn how to  not be a victim of circumstances such has these. Do not allow the macro economics of our nations leaders rule your personal finances, Don’t be like everyone else. Yes, there will be some effects on you since we are part of the system, but you must create an economic ecosystem around you that will mitigate the dysfunctional interference of our great leaders.  Don’t be like them. Dare to be different.

Felix Cesar

Here is an excerpt from my book “Potential Millionaire”  Chapter One

 The Paradigm Change

 Golden Rule #1: No More Debt

“…What is “normal” in our society? Is arriving home with concerns and problems about our finances, “normal?”  Do we realize that we have debts, low savings, and no control over our money?  Do we know that all the money that we earn enters one hand and goes out the other?  The truth is, this can be changed and one has to say, “Enough!”  Yes, ladies and gentlemen, what is normal in our society is to be without money. Normal is running out of money before the end of the month…” 




September 22

The Success Principal (Audio)

Family pic GKTW wedding

Jack Canfield was featured the the Movie “The Secret” is originator of the Chicken Soup for the Soul® series, he’s personally taught millions of people. Here is his audio book “The Success Principal.”  Jack reads is great book.

The audio is about one hour running time. I hope you get as much out of it as I have. Thank you Jack.


Felix A. Montelara

Author: Potencial Millonario

September 14

The Success Principal (Audio Book) By Jack Canfield


Jack Canfield who was featured in the movie “The Secret,” is the originator of the Chicken Soup for the Soul® series. He’s personally taught millions of people. Here is his audio book, “The Success Principal.”  Jack reads his great book. The audio is about one hour running time. I hope you get as much out of it as I have.


Felix A. Montelara

Author: Potencial Millonario