Tuesday, January 12, 2010

NEVER TOUCH YOUR CAPITAL!

I was reading some of my older posts and came across "Never Spend Your Capital" from December of 2007. If you'd like to read the original post you can find it in MBCI's archive posts for the 14th of Dec. 2007.

The point I most wanted to make with that post is to set a rule for building your investments. Once you commit a dollar to your investment plan, never take it out. When you make it a rule to never spend your investment capital, that money will work for you 24/7. Like I mentioned in the earlier post, it's like having your own money machine. You earn whether you do any physical work or not. So you've set that money aside, let your investment dollars continue to work for you.

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