There’s a simpler way to build wealth than guessing which stock will be the next Google or Apple: Don’t make colossal financial mistakes. Just say noDon’t drink to excess, don’t gamble to excess, don’t do drugs and don’t cheat. Don’t get divorcedI say this tongue-in-cheek, because it’s not as if you should stay married for financial reasons, but there’s no question that divorce can derail your financial life. You need to believe you’re worthy of financial security if you want to achieve it. Ted Halpern is the president and founder of Halpern Financial, an independent, fee-only wealth management firm with offices in Rockville, Md., and Ashburn, Va.

Source: Los Angeles Times October 15, 2016 12:56 UTC