The Automatic Way to a Rich Retirement.

For anyone short of time, a good summary of the book "Automatic Millionaire" By David Bach. I guess the contents will be more on illustrations on the concepts and might be repetitive like all "Retire Rich" books. But it does not take away the key concepts that is encapsulated in the pdf file.


 David Bach outlines the philosophies on becoming The Automatic Millionaire:
! You don't have to make a lot of money to be rich.
! You don't need discipline.
! You don't need to be "your own boss".
! By using The Latte Factor, you can build a fortune on a few  dollars a day.
! The rich get rich because they pay themselves first.
! Homeowners get rich; renters get poor.
! Above all, you need an "automatic system" so you can’t quit.


http://www.irgworld.in/docs/Investing/TheAutomaticMillionaire.pdf

Take a look. Of importance to me is Homeownership. Your home is not an investment, but you will be surprised how you managed to keep up with inflation and have options open to you should you be owning a 4/5 room HDB 10yrs down the road.