| How about spending less than you earn? But those who do work harder are rewarded proportionally | If you consider yourself clueless about personal finance, start by reading everything you can |
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| Be Rent Wealthy, not Buy Wealthy | If you are slightly aggressive, plan to partially-gear these e |
| I have quite a bit set aside … Me: How much you have to invest is the least important part of your decision-making process | What they should be spending is income |
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| Richard Wiseman a researcher in the field of luck he wrote a series of on the subject that lucky people generate good fortune via four basic principles: 1 | My recommendation is to now focus purely on capital protection and income: Purchase real-estate outright and live from 75% of the net proceeds, and keep 2 years cash as an emergency fund, or purchase inflation-protected federal treasuries |
As he pointed out, he could have broken his neck.
| Think about these carefully, as they appear to be similar … but, they are not the same: One satisfaction points to understanding your true needs physical, environmental, emotional, etc | Let me rectify that right now: for my first example, take this young and, new multimillionaire: What advice can you give me, as a new 32-year-old multimillionaire, that you wish you had known at that age? In this context, Richard gives some advice on how to turn your luck for the better: Unlucky people often fail to follow their intuition when making a choice, whereas lucky people tend to respect hunches |
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| If you choose the former debt free , you may make some GREAT investments: eg paying off your 19% credit cards probably the best investment you will ever make in your life; avoiding this kind of debt will be your second best investment | When markets turn, developers go bankrupt |
Should I opt for endowment plans or unit trust? So, you will need to take my path: focussing on growing income first, then saving second e.
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