Secure
your finances with these golden rules;
1. Your employment provides your wealth.
2. Don't assume you can replace your wealth.
3. Create a bulletproof portfolio for security.
4. Recognize the difference between investing and speculating.
5. Speculate with money you can afford to lose.
6. Don't depend on any one investment, institution, or person
for your financial advice.
7. No one can predict the future.
8. No trading system will work as well in the future as
it did in the past.
9. Whenever you are in doubt about a course of action, it
is always better to err on the side of caution.
10. Don't ever do anything you do not understand.
11. No one can move you in out of investments consistently
with precise and profitable timing.
12. Don't use leverage. When someone goes completely broke,
it is almost always because they used borrowed money.
13. Beware of tax-avoidance schemes.
14. Enjoy yourself with a budget for pleasure.
15. Live within your means.
16. Living within a budget is essential, no matter what
your financial status.
17. Protecting your assets with insurance and estate planning
is essential.
Lois Center-Shabazz is the founder of MsFinancialSavvy.com
and author of the 3-time award-winning personal finance
book, Let's Get Financial Savvy! ISBN
#0971979502.
Article
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