Bill Bonner: The Best Wealth Building Advice You’ll Never Take

Bill-Bonner2

“For most people, investing is not a good way to make a fortune. It is just a good way to keep… and maybe grow… a fortune.  You make your real money by providing real goods and services to others. It is not realistic to think you can make much money, while you sleep, from the hard work and enterprise of others.  Here’s our investment philosophy:  1) Think a lot. Do a little.  2) Always buy low. And for safe measure, buy very low.  3) Never believe anything a salesman says about an investment. There’s a good chance that he is ignorant, dishonest or stupid. Or all three.  4) Be reasonable. But take a swing at a grand slam pitch from time to time. Heck, it’s not just about the money; it should be fun, too. [..]”

http://bonnerandpartners.com/best-wealth-building-advice-youll-never-take-investing/

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