The advice in earning money is good. The advice on where to park it is absolutely awful. Learn from Trump and Romney here: you must get the taxes under control. If you put 100k into a bank account, it will earn nothing and taxes will eat you alive.

The point of a 401k is that it is tax advantaged and the money is there when you get old, when you need it.

I can understand piling money in a bank if there is something you plan to do with it. But piling 100k in a bank when your only plan is "so NOW I am ready to do something with it" is some of the dumbest financial advice I have ever seen. Even if this guy is good at making money, he must be even better at spending it, and the tax man is going to be his biggest payee.