Today, investors sacrifice and spenders enjoy. Tomorrow,
investors enjoy and spenders keep working. If you buy a house today, you may
have to work two jobs to make the mortgage payments now but you may own a house
without debt in twenty years. If you give up TV tonight, you can take an
evening course and in six years earn a college degree. If you start training
today, you may be sore tomorrow and a black belt in four years. Invest in yourself.
Most wealthy people save between 15% to 20% of their income. Invest in fields
in which you have a specialized knowledge. If you sell cars, invest in the auto
industry. If you are a real estate broker, buy income properties. Be sure to diversify
your holdings by investing in a retirement plan and a no- load mutual fund.
There is a time value to money, so the earlier you start investing the better.
Invest in things that appreciate rather than spend on things that depreciate.
Secure your own retirement.
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