Never Invest In Any Idea You Can't

The Rule Of 72 Is Useful In Determining How Fast Money Will Grow. Take The Annual Return From Any Investment, Expressed As A Percentage, And Divide It Into 72. The Result Is The Number Of Years It Will Take To Double Your Money.

The More Cash That Builds Up In The Treasury, The Greater The Pressure To Piss It Away.

In The Long Run, A Portfolio Of Well Chosen Stocks And/or Equity Mutual Funds Will Always Outperform A Portfolio Of Bonds Or A Money-market Account. In The Long Run, A Portfolio Of Poorly Chosen Stocks Won't Outperform The Money Left Under The Mattress.

Hold No More Stocks Than You Can Remain Informed On.

Investing In Stocks Is An Art, Not A Science, And People Who've Been Trained To Rigidly Quantify Everything Have A Big Disadvantage.