Sunday, August 14, 2011

Lessons on Investing From America's Richest Family

The wallstreet Journal's article looks at the factors that rich families use to build and protect their wealth.

http://online.wsj.com/article/SB10001424053111904823804576500813872123254.html?mod=WSJ_hp_mostpop_read

  • The very wealthy have a plan.
  • The very wealthy live below their means
  • The very wealthy value cash flow. 
  • The very wealthy focus on risk, not return

Wednesday, August 10, 2011