Tuesday, 30 December 2008

How to Make Money

It's one of the books I've been reading during my summer vacation. Brings my mind back to the numerous Game Guides, Walkthroughs and FAQs that I've read to beat the computer games I used to play. Like How to Make Your First Million Zeny. But this one's for real life. And here's a useful gem from the book:

When young, put your money into savings. When married and with a family, take plenty of term death cover. With the kids at work, retain your death cover and establish an investment portfolio. When older, build up your contributions to your investment fund and reduce or eliminate your term insurance.

Paul Clitheroe, Making Money (2000)

Picture credit: bloomberg.com

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