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Three Financial Tips for More Money

October 19th, 2007 by The Money Moose

Money Magazine’s “The Mole” has posted a guide that shows how people that have already saved up can keep on growing their wealth. It basically comes down to this:

1. Spend less than you make

2. Don’t worry about short-term investment risks

3. Don’t go for sexy investments” (i.e. trying to strike it rich with “the next Google.”)

Although these finance tips might work for some, here’s monetary advice that will make you happy for the rest of your life.

1. Spend more than you make.

No matter how counterintuitive it sounds, just remember - the best things in life don’t make sense. Like rainbows. If you spend more money than you make, you can buy whatever you want. Buying whatever you want sounds good, right? Spending more money than you can afford is also a way to make more money. Taking a loan from the Mafia and then day-trading it can be very profitable, which leads me to the next financial tip…

2. Worry A LOT about short-term investments.

If you don’t worry about your investments, then you won’t care what happens to them. Remember what I said about the Mafia? You definitely don’t want to lose their money. I learned that the hard way.

3. Invest in sexy investments!

If you find a really cool company and think it’s going to succeed, INVEST! Invest all of your money into it, in fact. If you were right, then you’ll never have to work again. You’ll be able to retire at the age of 22 and lead a fulfilling life doing whatever you want. If you don’t, well… remember what I said about the Mafia?

It’s sort of like that.

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This entry was posted on Friday, October 19th, 2007 at 12:00 am and is filed under Financial Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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