You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.

There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.

You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.

For the taxable investor, indexing means never having to say you're sorry.

It's bad enough that you have to take market risk. Only a fool takes on the additional risk of doing yet more damage by failing to diversify properly with his or her nest egg. Avoid the problem-buy a well-run index fund and own the whole market.

A fast food job, for most people, should be an entry level position. If you see no path for advancement beyond that, it's time to take a real fast look at your human capital and learn a skill that will make you more money.

Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.