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10 Principles of Being Rich

Posted By Barry Ritholtz On May 29, 2005 @ 8:34 am In Investing | Comments Disabled

K_10prin_1Ever come across an odd but interesting website, that you just don’t know what to do with? That was my experience with Fiscal Agents.com [1].

Since I started writing the Apprenticed Investor [2] series, I’ve been researching various methodologies for planning simple planning strategies. Not the actual plan, mind you, but ways to get people to sit down and execute one. This strategy [3] is as good as any other — if it forces you to do just that:

 

1. Focus on Time

2. Time as a Friend – as a Foe

3. The Frugal Investor

4. Setting Goals – Recognizing Values

5. Developing a Blueprint

6. The importance of Insurance

7. Building a Portfolio

8. Diversification and Asset Allocation

9. Monitoring / Buy and Hold

10.Estate Planning

Each of these titles is a chapter in a book, and is available on line for free here [4].

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Sources:
The Ten Principles Of Being Rich [4]
Fiscal Agents.com
http://www.fiscalagents.com/knowledge/10principles/10bookmain.shtml

PDF
[3]http://www.fiscalagents.com/knowledge/10principles/pdf/FullBook.pdf


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2005/05/10-principles-of-being-rich/

URLs in this post:

[1] Fiscal Agents.com: http://www.fiscalagents.com/

[2] Apprenticed Investor: http://www.thestreet.com/tsc/landingpages/apprentice

[3] strategy: http://www.fiscalagents.com/knowledge/10principles/pdf/FullBook.pdf

[4] here: http://www.fiscalagents.com/knowledge/10principles/10bookmain.shtml

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