1. Reinvest your profits - this is the only way to take advantage of compound growth, which is money growing on money.
2. Be willing to be different - you follow the herd, you’re gonna get hurt. Going against the herd may be scary, but can pay off if done properly.
3. Never suck your thumb - If you find something good, act. Don’t sit around doing nothing.
4. Spell out the deal before you start - Get all the details in writing before you follow through.
5. Watch small expenses - The article mentions a guy who counted 500-sheet rolls of toilet paper to make sure he wasn’t being ripped off. That seems a bit e
|
tags:
warren buffet
tips
money
finance
blogs
all
|
category:
Business
| Content type:
Text/Pictures
| Add this link to...
| tell a friend
| bakwaas
Add to:
| my favorites / bookmarks
comments