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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Justa Werkenstiff who wrote (4004)3/11/1998 2:45:00 PM
From: Rillinois  Read Replies (1) of 42834
 
What I like about Bob Brinker...by Rillinois

The Chicago Tribune wrote an article on Bob Brinker not too long ago. I thought it was a well written article that recapped Brinker's mission. It also labeled Brinker as "one of the the good guys". I think this article was a good read and stand behind it 100%.

According to the Chicago Tribune, Brinker's mission "is to inform listeners to the point where they can manage their own money". Brinker also says that he tries "to help people avoid the sharks". Brinker goes on to say that the following seven steps must be mastered.

1) Employ quantum-leap thinking. Look forward, decide where you want to be and how you can get there.

2) Pay yourself first. Put money away before you have a chance to spend it.

3) Make maximum use of tax-deferred savings vehicles.

4) Reinvest all income and dividend distributions.

5) Invest only in quality.

6) Use no-load, or no-commission, mutual funds, to build a diversified portfolio.

7) Use triple diversification. Diversify by asset class, within each asset class and by investing at regular intervals.

This is excellent advice in my opinion. And that's why I like Bob Brinker.
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