Tuesday, August 23, 2005

Things to tell someone who wants to invest money

The Big Picture: 10 rules to Win the "Loser's Game"

Follow the link for the book reference:
1. Never, never speculate.
2. Your home is not a stock.
3. Save lots more.
4. Brokers aren't your friends.
5. Never trade commodities.
6. Avoid new and exciting deals.
7. Bonds also ride up and down.
8. Never invest for tax benefits.
9. Write goals and stick to them.
10. Never trust your emotions.

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