TITLE

Well, Duh!

PUB. DATE
April 2004
SOURCE
Journal of Financial Planning;Apr2004, Vol. 17 Issue 4, p24
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article enumerates the financial advice discussed by David Bach in his book "The Automatic Millionaire." Among the key automatic secrets are the following: First is automatically funding a retirement plan. Second is saving $5 a day by not buying a fancy coffee and muffin and invest the money at ten percent a year for 40 years, thus earning $1 million. Third is establishing an emergency fund. Fourth is getting out of debt and gaining control of credit cards. And the fifth is diversifying investment portfolio that is appropriate for the investor's stage of life.
ACCESSION #
12835538

 

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