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Sunday, June 20, 2010

Money Lessons From Mom And Dad

Tom Lauricella's opinion piece in the Wall Street Journal about his personal experience watching his parents with their money was educational and insightful. Many thanks for the brilliant total internal reflection.

Plan far ahead. A 10-year plan is of no avail. A 20-year plan is insufficient. A 50-year plan is what you need, and ignore the 'charge it' and 'cash it in' impulse. Teach your children to do the same.
- Tom Lauricella

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