Comments on: Basics: The Wealth Equation http://www.uncommon-cents.net/2008/05/31/basics-the-wealth-equation/ (Hopefully) simple personal finance Wed, 07 Jan 2009 08:56:08 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Save, You Fool! http://www.uncommon-cents.net/2008/05/31/basics-the-wealth-equation/comment-page-1/#comment-1038 Save, You Fool! Wed, 04 Jun 2008 18:19:39 +0000 http://www.uncommon-cents.net/2008/05/31/basics-the-wealth-equation/#comment-1038 Great post; especially like the formula: (cash flow + sensible safeguards + wise investments) x time = wealth You mentioned discipline and time is included in the post, however I'd say patience and the stomach to go through some ups and downs (based on your risk profile) are certainly important. Many investors stumble with these two and preparing yourself for the fluctuations and the wait helps tremendously. Great post; especially like the formula: (cash flow + sensible safeguards + wise investments) x time = wealth

You mentioned discipline and time is included in the post, however I’d say patience and the stomach to go through some ups and downs (based on your risk profile) are certainly important. Many investors stumble with these two and preparing yourself for the fluctuations and the wait helps tremendously.

]]> By: Aaron Stroud http://www.uncommon-cents.net/2008/05/31/basics-the-wealth-equation/comment-page-1/#comment-988 Aaron Stroud Sun, 01 Jun 2008 00:05:24 +0000 http://www.uncommon-cents.net/2008/05/31/basics-the-wealth-equation/#comment-988 Well put, especially your description of <em>wise investments.</em> Well put, especially your description of wise investments.

]]>