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That's it?

Of course there's more to it... or there can be.  But it does not have to be alchemy.  Keep it simple.  Spend the next twenty or thirty years or more saving some money every month.  Spread it out among different types of assets (real estate, cash, stock and bond mutual funds).  Do this and you'll be well-prepared.

If you diversify your liquid investments among a blend of stock and bond mutual funds, you'll grow your money and protect it some, too.  

Will you miss the next best investment to come along?  Could you have done better if you had only thought to put more of your money into that thing that went up, and less into that thing that went down?  Sure.  

But you'll always miss the best investments.  And the worst ones.  And you also won't be the one who bought the mega-millions lottery ticket.

Take your time.  Slowly grow and protect your money over many years.  Ignore all the hype.  Stick to your plan.  Pay attention.  Don't panic and don't get greedy.



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