Summary:
The book provides a concise guide for young adults on the principles of personal finance, emphasizing the importance of saving, investing wisely, and avoiding common financial pitfalls. It outlines a straightforward investment strategy focused on low-cost index funds and the discipline required for long-term wealth accumulation.
Key points:
1. Save Early: Bernstein advises millennials to save at least 15% of their income and invest wisely to benefit from compound interest.
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