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’ We need a follow up, because I’ll meet people at parties, and they’ll say they don’t know any Swahili and I’ll say, ‘really? “They were so excited about adding Swahili [to the show] that I thought, It’s been a great opportunity for me in terms of spreading the Swahili word …Swahili is one of those languages that’s not intimidating.If you want excitement, take 0 and go to Las Vegas." - Paul Samuelson If you think investing is gambling, you're doing it wrong. However, the gains you see over time are indeed exciting! " That said, a credit card balance ringing up 30% can turn into a black hole if not paid off quickly.Basically, pay off debt at high interest rates and keep debt at low ones. "The four most dangerous words in investing are: 'this time it's different.'" - Sir John Templeton Follow market trends and history.
Remember quote #1 and invest in an industry you've researched thoroughly. Know the boundaries of your comfort zone and practice stepping out of it in small doses."Every once in a while, the market does something so stupid it takes your breath away." - Jim Cramer There are no sure bets in the world of investing; there is risk in everything. (To read more on how Cramer makes his pick, see ) 9."The individual investor should act consistently as an investor and not as a speculator." - Ben Graham You are an investor, not someone who can predict the future.Then, be prepared to see your investment sink lower before it turns around and starts to pay off. As much as you need to know the market, you need to know yourself too.Can you handle staying in when everyone else is jumping ship?
Identify your talents and find a way to turn them into an income-generating vehicle.