October 21, 2008

  • I have a desire to add value to people and things around me. It is not an easy thing to do, especially when there is so much going on in the world and in life. I attended a financial seminar today and learned some great tips on how to preserve wealth for an individual and for their progeny. The tips were very basic:

    1. Open an individual retirement account (IRA)
    2. Get life insurance

    One should also keep in mind that a person's return can be improved by:

    1. Starting sooner than later
    2. Contributing consistently
    3. Holding out in the down markets

    The sooner I can make a plan, the less likely I will have to take a plan.