Читать книгу More Straight Talk on Investing - John J. Brennan - Страница 22

The second key characteristic of successful investors is that they develop good habits. You can start out with the very best investment plan and still end up disappointed if your own behavior undermines your plan. And the first and most important habit to develop is saving money. You simply cannot spend every penny you earn if you hope to accumulate wealth. The sooner you start saving, the better. When people ask me for my best financial advice, I have only one answer: Live below your means.

Saving is so important—and for many, so difficult—I am devoting Chapter 4 to the topic. In this chapter, we'll examine the other good habits you'll need for managing your investments. But as you read them, keep in mind that your first priority is a disciplined saving (and, eventually, investing) program. There is nothing that will put you on a sounder footing for success.