Where do YOU stand on Boeing? (Read the post first!)

Saturday, January 12, 2008

When Do You Know When You're Rich?

This blog is all about making your money make more money for you. It is about preparing for your retirement and becoming financially independent. But before I begin posting analysis of stocks and businesses, it is important to understand two things. One, you are probably already rich. Secondly, you must have a plan.

If you don't think you are already rich, read my article posted on Associated Content "How to Determine When You are Really Rich".

As for your investment "planning", just like each stock you purchase, you must have an exit strategy. Determine how much money you want or will need. Determine whether that is going to be your retirement, or another milestone in your life. Determine whether you are going to be 65 or 25 when you accomplish it. Plan to it, then execute it and you will succeed.

Before you make the leap into the investing world, you must also consider your personal finances. Read my article "Before You Invest ANY Money, READ THIS!" There is much more to successful personal finances than a good portfolio!

I will begin by posting some previous, not too out dated stock and business analysis soon. Come back often to see new articles, ideas and controversy!

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