I read the following articles this week and I thought I would share. Below are the article titles and their main points; to read the full articles please click the article titles below.
3 Things 20 Somethings Can Do to Prepare for Retirement by Kathryn Tuggle:
1. Enroll in Your Employer’s Retirement Plan Now, Especially if They Match; 2. No Employer-Sponsored Plan? Start Your Own; and 3. Focus on Liquidity
Lessons on Investing From Americas Richest Family by Karen Blumenthal:
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; and The very wealthy hang on.