Just Keep Buying: Proven ways to save money and build your wealth

by Nick Maggiulli

When Saving for a Big Purchase, Use Cash Though bonds and stocks may earn you more while you wait, when saving for a wedding, home, or other big purchase, cash is the way to go. (Ch. 8)

Retirement is About More Than Money Before you decide what to retire from, make

sure you know what you want to retire to. (Ch. 9)

Invest to Replace Your Waning Human Capital with Financial Capital You won’t be able to work forever, so replace your human capital with financial capital before it’s too late. Investing is the best way to accomplish this. (Ch. 10)

Think Like an Owner and Buy Income-Producing Assets To really grow your income, think like an owner and use your money to buy income-producing assets. (Ch. 11)

Don’t Buy Individual Stocks Buying individual stocks and expecting to outperform is like flipping a coin. You might succeed, but even if you do, how do you know it wasn’t just luck? (Ch. 12)

Invest As Often As You Can If you think you can time the market

by saving up cash, think again. Even God couldn’t beat dollar-cost averaging. (Ch. 14)

Market Crashes Are (Usually) Buying Opportunities Future returns are usually the highest following major crashes. Don’t be afraid to take advantage of these crashes when they periodically occur. (Ch. 17)

Fund the Life You Need Before You Risk it for the Life You Want Though this book is called Just Keep Buying, sometimes it’s okay to sell. After all, what’s the point of building your wealth if you don’t do anything with it? (Ch. 18)

You’ll Never Feel Rich and That’s Okay No matter how successful you get with your money, there will always be someone with more. If you win the financial game, make sure you don’t lose yourself in the process. (Ch. 20)

Time is Your Most Important Asset You can always earn more money, but nothing can buy you more time. (Ch. 21)