walkinwood
Thinks s/he gets paid by the post
A good article at the NY Times
http://www.nytimes.com/2011/06/18/your-money/asset-allocation/18wealth.htm
Three points emerged for me.
1. Make sure you are adequately insured against a loss of income due to death or disablity.
2. Keep your assets as liquid as possible. (I would not consider rental assets in this category)
3. Spend what you can afford to, not what you need to.
Enjoy.
http://www.nytimes.com/2011/06/18/your-money/asset-allocation/18wealth.htm
Three points emerged for me.
1. Make sure you are adequately insured against a loss of income due to death or disablity.
2. Keep your assets as liquid as possible. (I would not consider rental assets in this category)
3. Spend what you can afford to, not what you need to.
Enjoy.