5 Tips From Sir John Templeton

13 December 2005
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I highly regard Sir John Templeton’s history as a value investor. Even at the age of 93, he’s still very actively investing and when he speaks, the invesment world listens!

Here’s a list of 5 Steps to Financial Success from Sir John.

  1. Take calculated risks.
  2. Save, don’t spend.
  3. Shop for value investments.
  4. Take advantage of international free markets.
  5. Minimize your taxes.

The only one that doesn’t move me much is the idea of taking advantage of international free markets. It is a good idea, but one that consumes much more resources and attention than I can afford at the moment. I guess, if you got the will, you’ll find a way!

View the entire article, with detailed explanations, here [via TheStreet.com]

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