Financial Advice

Out of context: Reply #47

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  • cannonball19783

    I am earning an MBA and in the middle of a finance course. My advice if you are investing is to do your own money management and to not play the stock market unless you know how to correlate a balance sheet and cashflow statement with stuff happening in the real world.

    Thank strategically about long term, medium yield, long maturity investments like your 401k, muni bonds, etc.

    Eliminate debt and never go into it again.

    Develop a tax strategy.

    Don't give your money to anyone who doesn't fear you.

    cannonball1978 3Permalink
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    • (hand clap of approval)shapesalad
    • Dave Ramsey gives a great plan to foloow with these ideals.capn_ron
    • Debt is not always a bad thing. Over-leveraged is the danger.formed
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