Good advice. So many possibilities arise when money becomes plentiful. I'd like to quit staring at the market every day personally. It's up to each individual how they want to proceed with their money, but I would suggest everyone treat their money with respect.
Going from broke to millionaire is not an easy adjustment. I know it seems like everything will be amazing and all problems will be solved, but if I disrespect my money, instead of using it responsibly, a whole new set of problems will arise.
Doc and JHB talk about financial literacy for very good reasons. It's not just a catch phrase. They say that because they know from experience and observation how difficult is it to do the proper thing(s) with money. Making the money is just the first part of a very challenging journey.
For me, it's best to treat the possibility of making a lot of money as an opportunity to learn something new. I recognize the ability of money to hurt as much as it can help, so I want to know what I'm doing before I make mistakes that could set me back. Money is a tool, but like any tool, if you turn it on yourself, you can really get hurt.
Something else to remember, if anyone hires a financial advisor....you don't have to do everything they say! If something rubs you the wrong way, don't do it.
Friends don't let friends spend drunk!
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Univec Conglomerate Inc (UNVC) Stock Research Links
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