100-Day Reading Sharing Plan – Day 74

On vacation, posting not in time

Sawasdee

"A Random Walk Down Wall Street"

1. In your investment portfolio, never take on the same risk as your primary source of income.

2. A specific need must be funded by a specific asset dedicated to meeting that need.

3. I recommend that when investors build their portfolios, they should use broad-based total stock market index funds instead of selecting individual stocks. I give this advice for two reasons.

4. Science fiction writer Theodore Sturgeon created Sturgeon's Law, which states: "95% of everything you hear or read is useless crap."

5. Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness;
Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.