one of the greatest deterrents to successful investing is the three-letter word ego.

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.

Always remember, indecision is decision - usually against you.

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.

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.

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

The ability to make a decision is another characteristic of a winner in money matters. I have found over and over again that those who succeed in making large sums of money reach decisions very promptly and change them, if at all, very slowly. I have also found that people who fail to make money reach decisions very slowly, if at all, and change them frequently and quickly.