Summary: This episode is the first in a two part review of my favourite investment book, Fail-Safe Investing by Harry Browne. In this episode I discuss the background to this investing approach and provide an overview of Harry's top 10 rules of financial safety: Rule #1: Your career provides your wealth. Rule #2: Don't assume you can replace your wealth. Rule #3: Recognize the difference between investing and speculating. Rule #4: No one can predict the future. Rule #5: No one can move you in and out of investments consistently with precise and profitable timing. Rule #6: No trading system will work as well in the future as it did in the past. Rule #7: Don't use leverage. Rule #8: Don't let anyone make your decisions. Rule #9: Don't ever do anything you don't understand. Rule #10: Don't depend on any one investment, institution, or person for your safety Show Notes: Previous episodes about the permanent portfolio approachFail-Safe Investing by Harry BrowneAs always, it's up to you what you do with your money. I'm not a financial advisor and you will need to do your own research.Listen to Episode 173
