Albert Einstein And Financial Plan

Science and Creativity go hand in hand. If a person is creative he can definitely be a good science student take an example of Thomad Alwa Edison it wa his creative imagination when he could think of an instrument which could give light to the darkness that resulted into invention of the light bulb.

A person who did his schooling only till 8th class become the genius to the world. Albert Einstein spent his entire life searching for the "Unified Theory of Everything" actually he discovered a "Unified Theory of Everything Financial" and I suppose that needs a recognition.

Dilbert made a complementary discovery, defining a weasel as "anyone trying to get away with something," thus explaining two centuries of psychological behavior on Wall Street where weasels have been misleading Americans with the false theory that investors are rational.

Now The Unified theory of Everything Financial

Alberts formula was never recommended it was only when Dilbert and the Way of the Weasels published it could public view. These formulas were

• Make a will

• Pay off your credit cards

• Get term life insurance if you have a family to support

• Fund your 401k to the maximum

• Fund your IRA to the maximum

• Put six months worth of expenses in a money-market account

• Take whatever money is left over and invest 70% in a stock index fund and 30% in a bond fund through any discount broker and never touch it until retirement

• If any of this confuses you, or you have something special going on (retirement, college planning, tax issues), hire a fee-based financial planner, not one who charges a percentage of your portfolio

So these rules could easily be related to Financial terms and Einstein not only created for Einstein science but also for personal investment.