- Strive to be frugal and save.
- Research and invest in income producing assets, like stocks and real estate.
- Wealth is blind, it doesn't care what color, gender, or how smart you are, it only cares about you. You take care of it, it takes cares of you in the future.
- Even if you make a modest income, you can become wealthier than the spend-drift high-income earners.
I have been going over the book, The Millionaire Next Door, and there are some great points in the book. If only I had seem something like this when I was in my 20's.
Just a guy and some friends trying to make sense in the world of investing. Also in search of the elusive ten baggers. The clueless tycoon wanted to keep a journal of sorts of when, why, and what he bought. Also post any other random crap the clueless tycoon finds around.