Tuesday, August 21, 2007

How to develop a fortune

Step 1

Somebody ones said: most of the people overestimate what they can do in one year and underestimate what they can reach in ten years. There is a lot of truth in this. So you should start deposit money periodical asap. A good investment to start with are funds. Reduce the risk by investing a constant sum using the cost average effect.

5 comments:

Breezie said...

Very good advice, I try and stress to my son about saving money and not spending it as fast as he earns it, but at least he does have an IRA, which is something I didn't get into until way later in life.

Anonymous said...

is it worthwhile to add the google ads to your sidebar. it would be nice to hear from you after a month using it.
chilli

mharia said...

good advice!

re:your question on my blog if the dog was real: yup, very real! :D
thanks for swinging by!

Laura said...

I want to do that but I always end up needing the money because my income is not enough for all the bills

Laura Lohr : My Beautiful Life said...

Thanks for stopping by! The low-carb diet is problematic for me because of the miles I will be running, but I won't say I haven't done it before!

This is sound advice. Seriously! My husband just read a couple books along a similar vein, "The Automatic Millionaire." We are just starting to put this in action.