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"Payback Time: Making Big Money Is The Best Revenge"

Phil Town, best-selling author of Rule #1, is interviewed on CNBC.  He makes a great case for either educating yourself on how to invest or picking a broad-based, low-cost index fund.  Watch the video here

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing. ~ Warren Buffett

His new book, Payback Time, just came out last Tuesday.  Definitely worth a read.

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Posted by Derek Bough on March 06, 2010 |

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Comments

rev-o-lu-tion [rev-uh-loo-shuhn] noun:  a sudden, complete or marked change in something
Action shot  Challenging or, at least questioning, conventional planning methods, online calculators, and turning what may have worked for a few people into a "rule of thumb"

Derek Bough|Bridges Financial - (515) 554-0230
Consumption smoothing is a concept which refers to balancing out spending and saving to attain and maintain the highest possible living standard over the course of one's life.
DesMoinesRegister

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