- Never trust anyone with your money and never take advice from someone rewarded by a commission, or anything like a commission.
- Always stay in control of your investments and never allow anyone to make decisions or take action for you.
- Diversification don’t keep all your eggs in one basket
- It’s time in the market not timing the market
- Direct investments in shares and property are best. Don’t use middlemen.
- Use one of only two ways to accumulate cash for investing: spending less than you earn and investing the rest; or borrowing to invest. The best plans use both.
- Utilising tax-efficient structures such as self-managed super funds and investment companies owned by family trusts.