Quotes About Advice

Your most expensive advice is the free advice you receive from your financially struggling friends and relatives.

Buy a Beechcraft King Air B200

Aid me Heaven,' she cried, 'in the adoption of some means of action on the occasion. Is there anyone with whom I dare advise?

Don't pick up hitchhikers!- D. Adams

Everybody needs a career manager.- Lady Macbeth

Harry Truman's line that if you want a friend in Washington, buy a dog.)

I told President Obama he was about to buy a helicopter that in several respects was not as good as what he already had, that each would cost between $500 million and $1 billion—but that he could microwave a meal on it in the middle of a nuclear attack. As I expected, he thought the whole thing was a pretty bad idea.

Dad? What? A small bird rises from a tree in front of us. What should I be when I grow up? The bird disappears over a far ridge. I don't know what to say. Honest, I finally say.

Dad?" "What?" A small bird rises from a tree in front of us. "What should I be when I grow up?" The bird disappears over a far ridge. I don't know what to say. "Honest," I finally say.

Asking for advice means, Tell me what to do. Seeking education means, Tell me what to study so I can learn what I need to do.

One dad recommended, "Study hard so you can find a good company to work for." The other recommended, "Study hard so you can find a good company to buy.

When you know you are ignorant in a subject, start educating yourself by finding an expert in the field or a book on the subject.

When you need advice, make sure you choose your advisor wisely. There

most people act on impulse, hot tips

I was talking to someone who needed to be locked up.

Ask for help in understanding.

Rule number one in paying yourself first is: Don't get into consumer debt in the rst place.

they will tell me it's risky. They tell me why I should not do it. When I ask them where they get their information, they say from a friend or an investment magazine. They've never done it, and they're telling someone who's doing it why they shouldn't.

Often, they mindlessly repeat what they have been told. Ideas such as "diversify" or "your home is an asset." "Your home is your biggest investment." "You get a tax break for going into greater debt." "Get a safe job." "Don't make mistakes." "Don't take risks.

Warren Buffett is saying that portfolio concentration, or focusing on a few investments rather than diversifying, is a better strategy.

If they failed to choose their advisors wisely, they may become financial victims.

I advised that he sell it, using a 1031 tax-deferred exchange.

Be careful of the advice you take. While you must keep your mind open, always be aware of which quadrant the advice is coming from.

So what can poor parents tell their child about money? They simply say, "Stay in school and study hard." The child may graduate with excellent grades, but with a poor person's financial programming and mindset.