Monday, November 25, 2013

20 Things Rich People Do

I read this from Dave Ramsay. Interesting read, but I wonder how many rich people do all 20 things? I am sure these items will help people feel better, think clearer and be more organized; which should help them be wealthier. Thomas Stanley and William Danko, authors of The Millionaire Next Door inspired this list of the top 10 traits of millionaires.

Thursday, November 21, 2013

Elements of an Investment Policy Statement

CFA has released this guideline to help individual investors create an investment policy statement. My preference is for each individual to create one of these documents to help them stay focused on their strategy as well as to help their loved one's understand the plan if they need to assist with managing the portfolio.