The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.

A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.

Avoid hot stocks in hot industries.

Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.

That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.

Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.

Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections.