The reason that 'guru' is such a popular word is because 'charlatan' is so hard to spell.

An index fund is a fund that simply invests in all of the stocks in a market. So, for example, an index fund might invest in every single stock or almost every single stock in the U.S. market, it might invest in every single stock abroad, or it might invest in all of the bonds that are out there. And you can make a perfectly fine investing portfolio that mixes equal parts of all three of those.

Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.

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.

The definition of investment is the deferring ofpresent consumption for future consumption. So, you dohave to be willing to defer. And there are a couple of tricks that you can use to save money. One of them is simply to pay yourself first.

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.