Financial Freedom

Rule 1: don't lose money. Rule 2: see Rule 1. - Warren Buffett

If you diversify well you will win - Tony Robbins

Asset allocation means dividing up your money among different classes or types of investments (such as stock, bonds, commodities, or real estate) and in specific proportions that you decide in advance, according to your goals or needs, risk tolerance, and stage of life. - Tony Robbins

There are only three tools for reducing your risk and increasing your potential for financial success:

1. Security selection—stock picking

2. Market timing—short-term bets on the direction of the market; and

3. Asset allocation—your long-term strategy for diversified investing.

Never test the depth of the river with both feet. - Warren Buffett

Asset allocation is the most important investment decision of your lifetime. Anybody can become wealthy; asset allocation is how you stay wealthy.

1. Save more and invest.

2. Earn more (add value) and invest the difference.

3. Reduce fees and taxes and invest the difference.

Gratitude connects you to grace, and when you are grateful, there is no anger. When you are grateful, there is no fear. - Tony Robbins (Money Master the Game)