1. Save consistently by living on less than you earn. 2. Study the investment methods and strategies of successful people, and seek advice only from those who are competent -- through their own achievements -- to give it. Learn from people who have earned the right to teach. 3. Learn to apply the principles of compounding, discounting and leveraging. 4. Never bet on a loser because you think its luck is about to change. 5. Don't invest in anything that eats or can be driven, sailed or flown away. 6. Don't invest in anything you can't explain to your wife! 7. Reinvest all proceeds until you achieve financial independence. 8. Never get involved in anything that promises easy or quick riches. Trying to get rich quickly is just a form of gambling. If you try to get-rich-quickly you'll get poor even quicker. 9. Be constantly on guard against every form of greed. No matter how much you have, wealth never brings lasting happiness. The more you have, the more you want. 10. Get Started Now! A good plan today is better than a perfect plan tomorrow. Unless you were born wealthy, you will have to sacrifice financially during part of your life. It's much better if that happens by choice when you're young, rather than by force when you are too old to recover.