sarahsays
Recycles dryer sheets
The latest (and last) Sophisticated Investor column from MarketWatch lists the five money management tips we can learn from the wealthy.
Number 2 is especially interesting.
Number 2 is especially interesting.
2) Investing: Long-term growth may be the road to success, but you have to take risk to get rich. No guts, no blue chips, as they say. Concentrated, thoroughly researched positions will make you rich. Diversification, as money manager Marty Whitman -- a hall of fame investor in my mind -- says, "diversification is for amateurs."