In my latest column, I reiterate why it’s imperative to tune out the market noise – especially in our current economic climate. I created the tagline “How to Build Wealth, Ignore Wall Street, and Get on with Your Life” over 18 years ago, but the principles are still very relevant today. Read the financial steps required to discover freedom and fulfillment in your own life.
The Three Principles
1. Save for a rainy day.
Develop a long term financial plan.
2. Don’t put all your eggs in one basket.
Diversify in different asset classes.
3. There is no such thing as a free lunch.
Capture the entire return of each basket, or asset class, through low cost index funds.
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