It's a fact: stock investors sometimes lose money on their way to wealth. Get over it.

Financial planners who take commissions have a built-in conflict of interest...even with disclosure, my choice would be a Fee-Only planner.

Savings will not make you rich. Only canny investments do that. The role of savings is to keep you from becoming poor.

Auto insurance is a toll bridge, over which every honest driver has to pass.

You normally don't get a margin call unless your securities, minus the debt, are worth 30% or less of their nominal market value.

Stock prices aren't real things. They're just froth on a wave. The wave is the only real thing, which investors forget when they're watching the ticket slither by.

Three reasons not to have a [spending] plan: 1. You're rich enough to buy anything you want and still have plenty of money left over. 2. I forget the other two.