财富：富人都有一些什么有助于财富自由的建议

As a wealthy person, what are your tips for financial independence?Adam Fayed, Global Wealth and Insurance Advisor living in AsiaWealth is relative. I may be wealthy compared to the global average, but there is probably somebody reading this who is much wealthier than me, which brings me to point 1:1. Compounding.High wealth takes more time than high income. If you have person 1, who is 30, has an MBA and is earning $200,000 after tax , and person 2, who is 60 and has earned $60,000 a year for 40 years, person 2 should be wealthier.2. Good spending habits + compoundingLook at the three people below:Person 1 was a secretary from New York who died recently Wirth $6M. Person 2, Buffett, `only` had $1M at age 32. Mike Tyson, person 3, made hundreds of millions by age 32. Now Buffett has over $60Billion and Tyson is broke or close to broke.3. ReadBuffett spends 80% of his days reading and Mark Cuban spends 3 hours a day reading. It is an investment. I suggest some of these books:They also spend more on getting knowledge from online sources, rather than pointless material things.4. Real estateUse a house as a home. Don’t overspend on rent. Using real estate on leverage can be profitable but it is risky. Best to just own 1 home maximum, which is modest. Millionaires, who have sustainable wealth, are more likely to live in places like these.5. FeesThey keep their investment keeps low.6. Long-term.They see the bigger picture. Often buy, hold and rebalance.7. They have self-controlHuman nature and especially fear, greed and egoism is the killer of portfolios.8. They always do the right things, consistentlyThe person below is one of the best, if not the best, at football. One of the reasons is he implements the evidence everyday. If you want to get wealthy, implementing the evidence consistently and with persistence can be key. There is no point in only sometimes being motivated.Do you want to be financially free online?Here is a reading list to avoid some of these issues:Amazon.com: 6 Steps to Financial Freedom: The Secrets Marketers and Wall Street don't want you to know. (9781983114083): Adam Fayed: BooksPaul Farrell – The Lazy Person’s Guide to Investing: A Book for Procrastinators, the Financially Challenged, and Everyone Who Worries About Dealing With Their MoneyBurton Malkiel and Charles Ellis. The Elements of InvestingLarry Swedroe. The Only Guide to an Investment Strategy You’ll Ever NeedLarry Swedroe. The Quest For Alpha: The Holy Grail of InvestingJohn Bogle, The Little Book of Common Sense Investing : Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)William Bernstein. The Four Pillars of Investing: Lessons for Building a Winning PortfolioJohn Bogle – Common Sense on Mutual Funds: New Imperatives for the Intelligent InvestorJohn Bogle’s “The Clash of the Cultures”David Swensen, Unconventional Success: A Fundamental Approach to Personal InvestmentLawrence Cunningham. The Essays of Warren Buffett: Lessons for Corporate America, Second Edition“Security Analysis” by Benjamin GrahamBenjamin Graham’s “Intelligent Investor.”Carl Richards, The Behavior Gap, Simple Ways to Stop Doing Dumb Things with Your Money.Thinking Fast and Slow, Daniel KahnemanExtraordinary Popular Delusions and The Madness of Crowds, Charles Mackay.The Essays of Warren BuffettFor more academic work on how the 4% rule works in practice, I would recommend the following:Sustainable Withdrawal Rates From Your Retirement Portfolio, by Philip L. Cooley, Carl M. Hubbard and Daniel T. Walz – http://afcpe.org/assets/pdf/vol1...Other academic books to look at include:Bengen, W. P. (1994). Determining withdrawal rates using historical data. Journal of Financial Planning, 7(1), 171-180.Bengen, W. P. (1996). Asset allocation for a lifetime.Journal of Financial Planning, 9(3), 58-67.Bengen, W. P. (1997). Conserving client portfolio during retirement, part III. Journal of Financial Planning, 10(5), 84-97.Bierwirth, L. (1994). Investing for retirement: using the past to model the future. Journal of Financial Planning, 7(1), 14-24.Cooley, P. L., Hubbard, C. M. & Walz, D. T. (1998). Retirement spending: choosing a sustainable withdrawal rate. Journal of the American Association of Individual Investors, 20(2), 16-21.Ferguson, T. W. (1996). Endow yourself. Forbes, 157(12), 186-187.Ho, K., Milevsky, M. & C. Robinson. (1994). Asset allocation, life expectancy, and shortfall. Financial Services Review., 3(2), 109-126.Ibbotson Associates (1996). Stocks, bonds, bills, and inflation yearbook. Ibbotson Associates, Chicago, IL.Ibbotson Associates (1998). Stocks, bonds, bills, and inflation yearbook (CD-ROM V ersion). Ibbotson Associates, Chicago, IL.