1. How to Become a Millionaire
... > Paying yourself first > >Investing systematically >By investing consistently (rather than buying and >selling when the mood strikes you), you can take >advantage of the inevitable market fluctuations, >instead of suffering because of them. > >One tried-and-true way to do this is with dollar-cost >averaging, where you invest a constant dollar amount >at regular intervals in the same stock or mutual fund. >Your ... original principal and >earnings increase in value if the investment goes up. > >Eliminating debt >Credit cards and other short-term debt can gobble up >money that you could ...
- Word Count: 685
- Approx Pages: 3
- Grade Level: High School