Page 5 - SixMistakesSuccessfulWomenMake22

After building a wall of protection, I want to:

 Build liquidity for emergencies and opportunities (cash is king when everyone

else is broke).
 Protect my principal (Warren Buffett has two rules: Rule #1: Don’t lose money,

Rule #2: Read rule #1).
 Retain my gains: if I make a profit, I am not giving it back.
 Create as many pension checks as possible to guarantee an income for life that

will cover all my needs and most, or all, of my wants.
 Create a beautiful legacy without depriving myself of one single dollar.

Now, if all this seems like a tall order, it is not. What’s more, I don’t need Wall

Street to accomplish my goals. When you have a personal economic philosophy,
you seldom stray into territory that undermines this. Ok, now it’s your turn to

develop your personal economic philosophy.