Golden Rules of Financial Safety
1: Your career provides your wealth

2: Don’t assume you can replace your wealth.

3: Recognize the difference between investing and speculating.

4: No one can predict the future.

5: No one can move you in and out of investments consistently with
precise and profitable timing.

6: No trading system will work as well in the future as it did in the past.

7: Don’t use leverage.

8: Don’t let anyone make your decisions.

9: Don’t ever do anything you don’t understand.

10: Don’t depend on any one investment, institution, or person for your

11: Create a bulletproof portfolio for protection.

12: Speculate only with money you can afford to lose.

13: Keep some assets outside the country in which you live.

14: Beware of tax-avoidance schemes.

15: Ask the right questions

16: Enjoy yourself with a budget for pleasure.

17: Whenever you’re in doubt about a course of action, it is always better
to err on the side of safety.

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