063: Guard thy treasures from loss

063: Guard thy treasures from loss

This week I am getting through the universal laws of prosperity from “The Richest Man in Babylon” book by GEORGE SAMUEL CLASON, which are referred to as the “Seven cures for the lean purse”.

Review chapter #4 in the book

Today’s discussion:

The Fourth Cure: Guard thy treasures from loss

Arkad’s lesson:

“Guard thy treasure from loss by investing only where thy principal is safe, where it may be reclaimed if desirable, and where thou will not fail to collect a fair rental. Consult with wise men. Secure the advice of those experienced in the profitable handling of gold. Let their wisdom protect thy treasure from unsafe investments.”

These are very wise words of wisdom here. Who can give me an example of an investment, which is safe in principal and pays a fair rental (dividends & interest and can be consulted and discussed with a wise men/women (aka: financial advisor)?

 
Anna Sergunina
anna@adviceonly.net

I passionately believe that in order to live a life of fulfillment and joy, we must genuinely serve each other in any way possible. I found my mission in life to serve others via financial planning. Anna regularly writes about personal finance. Her work appears on Business Insider, Nasdaq, Nerdwallet, among others. Anna is the creator of Money Flow system.

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