- Rule # 1: Risk: Now you need to think how much money can you lose and still meet your goals. That way you think of your investments, and try to control yourself when you want to gamble your future.
- Rule# 2: Cash: You need to keep funds for your investments, your savings and your emergencies. Get away of debts.
- Rule # 3: Human Capital: Assess your human capital. A typical worker´s income is about 70% like a bond and 30% like a stock. Think about how secure is your job and if you need to invest more in your future.
- Rule # 4: Borrowing: Borrow cautiously. You have to worry about the other guy's debt too. Be conservative about debt. Get a mortgage you can afford.
- Rule # 5: Housing: Your home won´t make you rich. But it is an important saving tool.
- Rule # 6: Diversification: But in a global economy where money moves quickly, you have to work harder at diversification than before.
- Rule # 7: Retirement: Retiring early is a problem. By delaying retirement only 1 year you could increase your annual retirement income by 9%.
You really need to think more how you invest your money so you can be without a job and still earn money, and meet your basic goals. Start by investing your money in a business or in te market, be sure you know what you are doing. If you invest in Forex, remember there are great tools that will help you start making money, like forex signals and robot trading systems.
Go to: http://www.forexmegatrion.com and http://www.fx-megaforex.com.
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