If the investor is uneducated, anything he or she invests in will be risky. So it's not the investment that is risky. It's the investor.

The main cause of poverty is self-inflicted fear and ignorance.

Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.

As one of my teachers, Buckminster Fuller, says, we were given a right foot and a left foot, not a right foot and a wrong foot. The point is that, there's always two points of view out there, and we need to increase our ability to allow another point of view. Then we have a better chance for peace.

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.

If you fail, learn, and move on, you're growing.

You cannot be successful without failure.