“If you can” is a pamphlet written by William J. Bernstein on How Millennials Can Get Rich Slowly.
For those interested in learning more about how to be financially secure later in life this is a great place to start. “If you can” is available to download here and can be summarized by the following financial principles:
Principle 1 – Saving (AKA personal finance) is the foundation of doing well with money.
Supporting Materials: The Millionaire Next Door
Principle 2 – Understanding Financial Fundamentals.
Supporting Materials: Common Sense on Mutual Funds
Principle 3 – Know financial history
Supporting Materials:
Principle 4 – Understanding Human nature (and it’s implications on financial decisions).
Supporting Materials: Your Money and Your Brain
Principle 5 – How Financial services (specifically mutual funds) make money.
Supporting Materials: Common Sense on Mutual Funds
Principle 6 – Some broad recommendations on how and where to invest.
Supporting Materials:
While reading the pamphlet can be a short exercise, making your way through the reading list can take up to a year. I still have 2 books on this list to go through.
Even though I haven’t completed all the materials I have put together a general purpose presentation to guide people to increased financial security. I even managed to include a couple of memes too. Who said financials can’t be fun.