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| First steps | ||||
| Before you ever start
investing, there are some first steps that you need to take. My book, Getting
a Grip on Your Money, will show you what to do in some detail. Briefly,
your object is to get your finances in order so that you can leave your invested money
alone. You have to give it time to work; it won't do much for you if you're always
snatching it in and out of the market. You'll need to establish some goals, get control of your budget, and get your insurance in order first. If you haven't done any of this, then go to "1. Declare Victory", the first of the steps to simplify your finances and prosper. But don't wait too long! Time is on your side when you invest, so invest early and often, even if it's not a big amount at any one time. |
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