How to build your nest egg

In a couple of weeks I'll turn 85. As far as my financial acumen goes, I owe a lot to my Dad. Back in the 40's he was already investing in the Market and he also did his own taxes as well as those of our neighbors where I grew up in the Bronx. He and my Mom managed to actually save some money even though he never made the big bucks. The secret was to live within your means and to spend your money wisely

With those lessons in mind, I started investing early on and I did my own taxes. I was aided by reading Kiplinger magazine and other financial journals as a help to decide where to invest without the expense of an advisor. When my job started to offer a deferred compensation plan I also invested through that.

People, you don't need degrees in finance to do this stuff.

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