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Buying funds based purely on their past performance is one of the stupidest things an investor can do.
By the time people realize that they have enough money, they've lost their time and their health.
Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks.
Chains of habit are too light to be felt until they are too heavy to be broken.
Cocaine is God's way of saying you're making too much money.
Costs are like fingernails, they always have to be cut.
Count your blessings more often than you count your money.
Creditors have better memories than debtors.
Debt can turn a free, happy person into a bitter human being.
Debt is dumb. Cash is king.
Debt is normal. Be weird.
Debt is not a tool; it is a method to make banks wealthy, not you. The borrower truly is slave to the lender.
Debt is the secret foe of thrift, as vice and idleness are its open enemies.
Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
Do not save what is left after spending; instead, spend what is left after saving.
Do not take yearly results too seriously. Instead, focus on four or five-year averages.
Doing a budget means learning an ancient and powerful word: no.
Don't get caught up with what other people are doing. Being a contrarian isn't the key but being a crowd follower isn't either. You need to detach yourself emotionally.
Don't let making a living prevent you from making a life.
Don't let your mouth write no check that your tail can't cash.
Don't look for the needle in the haystack. Just buy the haystack!
Don't medicate dysfunction with spending. No amount of stuff will get rid of guilt.
Don't tell me what you value, show me your budget, and I'll tell you what you value.
Dreaming is a sign you have hope.
Earn with your mind, not your time.
Empty pockets never held anyone back. Only empty heads and empty hearts can do that.
Eventually you will get what you deserve.
Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won't grow any faster than the rate of inflation.
Every time you borrow money, you're robbing your future self.
Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each.
Everyone needs a certain amount of money. Beyond that, we pursue money because we know how to obtain it. We don't necessarily know how to obtain happiness.
Everything you want is just outside your comfort zone.
Expect the best. Prepare for the worst. Capitalize on what comes.
Experiences are infinitely more memorable than stuff.
Fear is no excuse to do nothing with your money. When others are scared, there are bargains to be found.
Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.
Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.
For 240 years it's been a terrible mistake to bet against America, and now is no time to start.
Formal education will make you a living; self-education will make you a fortune.
Fortune sides with him who dares.
Freedom > Money > Stuff
Friendship is like money, easier made than kept.
Frugality includes all the other virtues.
Frugality is the daughter of common sense, the sister of moderation and the mother of freedom.
Frugality, quite simply, is about choosing the things you love enough to spend extravagantly on - and then cutting costs mercilessly on the things you don't love.
Fun can be bought with money, but happiness cannot.
Fund investors are confident that they can easily select superior fund managers. They are wrong.
Fund performance comes and goes. Costs go on forever.
Getting rich is a habit.
Good times are when people make debts to pay in bad times.
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