If you like spending six to eight hours per week working on investments, do it. If you don't, then dollar-cost average into index funds.
--
Warren Buffett
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I say to you never involve yourself in debt, and become no man's surety.
Live within your means, never be in debt, and by husbanding your money you can always lay it out well.
When you get in debt you become a slave.
The real measure of your wealth is how much you'd be worth if you lost all your money.
Wealth is like sea water; the more we drink, the thirstier we become; and the same is true of fame.
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
Don't let your mouth write no check that your tail can't cash.
A bank is a place that will lend you money if you can prove that you don't need it.
If you're thinking of debt, that's what you're going to attract.
Costs are like fingernails, they always have to be cut.
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