
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
safety.
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.
Article from
https:thetaoofwealth.wordpress.com/2013/02/17/harry-brownes-17-golden-rules-of-financial-safety
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
safety.
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.
Article from
https:thetaoofwealth.wordpress.com/2013/02/17/harry-brownes-17-golden-rules-of-financial-safety