FOLLOW THE RULES

No two investors navigate the same path towards wealth. But there are two universal principles to embrace.

Don’t put all your eggs in one basket

Instead, look to diversify your investment strategy. That way, if one sector of the economy has a hiccup, say the stockmarket, it won’t set back your entire position.

Be prepared to act long term

We’ve all read success stories of overnight millionaires, but for most people, wealth doesn’t come in days or weeks, but in years and decades. So make sure that any funds you invest are monies you can afford to tie up long-term.