[LuxLiving]

"When I was a stockbroker, I dealt with lots of people who had a million dollars in net worth. Here's what I learned. Becoming wealthy has almost nothing to do with income or investment know-how. Accumulating wealth comes from avoiding debt, living below your means, and investing sensibly and consistently. Among the hundreds of people I served during my years as a stockbroker, with the exception of those who inherited, nearly every wealthy person I met got that way by following this simple path. Conversely, among my myriad clients who gambled on options, commodities, penny stocks, sophisticated trading strategies, or other get-rich-quick schemes, not a single one was a long-term winner. Las Vegas offers better odds, and the drinks are free." ~~Stacy Johnson, Life or Debt, 2002, Ballantine Books, NY, creator and host of Money Talks TV