Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them.

I believe that one key to success is to accept truth, no matter how it's spoken.

It's when you take that first step opening a business or making an investment that it becomes real.

What are you doing this weekend to improve your financial situation? Sacrifice made today goes a long way for a better tomorrow.

The economy is in tatters; your job is in trouble - if you still have a job. And you know what? I've been saying it for years.

Rule One. You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is Rule No. 1. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability.

In school, you are given the lesson first. On the street, you're given the mistake first and then it's up to you to find the lesson, if you ever find it.