You will find that free advice about your money is always available. It's usually those who lean back and give you the most 'positive' advice whose finances are bordering on catastrophe. They are often wrong, but never in doubt.

The person who takes no chances generally must take whatever is left over after others have finished choosing. Overcaution is as bad, if not worse, than lack of caution. Both should be avoided. Life will always contain an element of chance. Not to win is not a sin. But not to try is a tragedy.

There is only one kind of life insurance, and that is pure protection based on a mortality table. All others are pure protection plus a cash value element that I call 'funny' banking.

You'll find that there will be an investment for every season, but there will be no investment for all seasons.

One characteristic that I have observed about the timing of all good traders is that they never try to squeeze out the last point in a stock.

A mutual fund can do for you what you would do for yourself if you had sufficient time, training, and money to diversify, plus the temperament to stand back from your money and make rational decisions.

There are only three things you can do with a dollar: spend, loan, or own.