Barry Ritholtz's Washington Post column features his round-up of Seven Life Lessons of the Ultra Wealthy.
Here they are, but you should really read this enligtening piece:
- Having money is better than not having money.
- Don't become "Cash Rich," and "Time Poor."
- Memories are better than material objects.
- Watch your lifestyle leverage, especially early in your career.
- Having goals is incredibly important.
- You must live in the here and now.
- It helps to be incredibly lucky.
Source:
7 life lessons from the very wealthy
Barry Ritholtz
Washington Post June 18 Page G6| Updated: Friday, June 17, 9:45 PM
http://www.washingtonpost.com/business/7-life-lessons-from-the-very-wealthy/2011/06/15/AGxw6aaH_story.html