Don't invest in anything that you don't understand. Do your research first.

Personally, I tend to worry about what I save, not what I spend.

Learn as much as you can about your proposed business. Ask questions. Join industry associations. Study successful competitors carefully.

Don't go into business with the sole objective of making lot of money. If you put service, quality, and customer satisfaction first-the money will follow.

I don't think investment is that hard. It's doing the simple things on a regular basis.

Don't invest in anything that you don't understand. Do your research first.

When investing, I'm not against risk. If you take no risk you must expect a low return. Just don't let anyone fool you into thinking you can get a high return with low risk.