The Best Advice of All Time

1. When you do not know a thing, to allow that you do not know it—this is knowledge. –Confucius

2. He that is overcautious will accomplish little.Friedrich von Schiller

3. For age and want, save while you may; no morning sun lasts a whole day.Benjamin Franklin

4. It is the part of a wise man to keep himself today for tomorrow and not to venture all his eggs in one basket.Miguel de Cervantes

5. Asset allocation…is the overwhelmingly dominant contributor to total return.Gary Brinson

6. The best way to own common stocks is through and index fund.Warren Buffet

7. It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!Edwin Lefevre

8. The real key to making money in stocks is not to get scared out of them.Peter Lynch

9. Performance comes and goes, but costs roll on forever. Jack Bogle

10. Fashion is made to become unfashionable.Coco Chanel

11. If a business is worth a dollar and I can but it for 40 cents, something good may happen to me. Warren Buffett

12. The World is a book, and those who do not travel read only a page. –St. Augustine

13. There is nothing new in the world except the history you do not know.Harry Truman

14. It takes as much energy to wish as it does to plan.Eleanor Roosevelt

15. As life closes in on someone who has borrowed far too much money on the strength of far too little income, there are no fire escapes.John Kenneth Galbraith

16. In every house of marriage there’s room for an interpreter.Stanley Kunitz

17. Only put off until tomorrow what you are willing to die having left undone. Pablo Picasso

18. The avoidance of taxes is the only intellectual pursuit that carries any reward.John Maynard Keynes

19. The time is always right to do the right thing. Martin Luther King

20. A wise man should have money in his head, but not in his heard. Jonathon Swift

Money Magazine

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