If You Can: How Millennials Can Get Rich Slowly


Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Jan 21, 2008
Another very short (27 pg) eBook by Dr Bernstein that might appeal to those who periodically ask for a reference for their kids. Nothing most here don't know, but:
  • a well condensed version (for the Twitter generation),
  • addressing the challenges young investors face (quote below, good advice for all ages),
  • written by an "expert" (what do parents know?).
  • very inexpensive
Hurdle 1: Even if you can invest like Warren Buffett, if you can't save, you'll die poor.
Hurdle 2: Finance isn't rocket science, but you'd better understand it clearly.
Hurdle 3: Those who ignore financial history are condemned to repeat it.
Hurdle 4: We have met the enemy and he is us.
Hurdle 5: The financial services industry wants to make you poor and stupid.

I thought it was well worth $0.99, though I am an unabashed fan of Dr B (my AA is still based on 'The Four Pillars...')


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Good post. I've read it and passed it on to my kids and nieces and nephews too.
Excerpt on hurdle 2 (and 5)...


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Excerpt on hurdle 2 (and 5)...

Love it!!

I've done OK maybe even a little well but when my nieces and nephews ask me for advice I tell them "I don't know where the market is going and neither does anyone else" and then tell them to buy a bond index fund and stock index fund and periodically adjust.

You will get rich slow but it beats getting poor quickly.
An executive summary view of how to invest; I like it!
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