Thursday, September 26, 2013

Chapter 7

What really struck me about this chapter is how painfully simple the truth is when it comes to making money. The fact of the matter is that it is not a wise use of your money if you use it to try and become rich quickly. It would seem that the idea of secret ways of making money super quickly is so appealing that this very uncommon occurrence is something that people stake their livelihood on achieving. When it comes down to it the only way to maximise your chances of making money is saving it and or investing it wisely. I agree with Wheelan's idea of beneficial risks when it comes to dealing with investments, but I also believe that you should not invest your capital to the point where you're over invested and at risk of losing most, if not everything, you have successfully aquired.

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