The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.

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

Quinn's First Law of Investing is never to buy anything whose price you can't follow in the newspapers. An investment without a public marketplace attracts the fabulists the way picnics attract ants. Stock brokers and financial planners can tell you anything they want, because no one really knows what's true. The First Corollary to Quinn's First Law states that, even when the price is in the newspapers, you shouldn't buy anything too complex to explain to the average 12-year-old.

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

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

Never try to time the bond market. Anyone who claims to know the future of interest rates is certifiable.

The shortest period of time lies between the minute you put some money away for a rainy day and the unexpected arrival of rain.