The Richest Man in Babylon
In good times and bad, consistently saving a percentage of your income is a sound financial practice.
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Chinese legend says that the Jade Emperor determined the order of animals in the zodiac by calling a race. The Rat and the Ox were in tight competition — until they arrived at a swift river. The Rat charmingly convinced the Ox to carry him across. But when they landed on the other side, the Rat leapt off the Ox and dashed across the finish line first.
Consider how your assets are allocated and if that allocation is consistent with your time frame and risk tolerance.
Every business wants to grow. But there’s a risk of extending your business so far, so fast that you hit the tipping point...