Thursday, February 21, 2008

10 golden rules to become rich

Rediff has published 10 golden rules to become rich.

1. There's no escaping risk
2. Buy right and hold tight
3. Time is your friend, impulse your enemy
4. Realistic expectations: the bagel and the doughnut
5. Why look for the needle in the haystack? Buy the haystack!
6. Minimize the croupier's take
7. Beware of fighting the last war
8. Sir Isaac Newton's revenge on Wall Street -- return to the mean
9. The hedgehog bests the fox
10. Stay the course: the secret of investing is that there is no secret

Read the full story at http://www.rediff.com/money/2008/feb/21perfin.htm

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