Saturday, September 28, 2013

Excellent Tips by Warrent Buffet

Here few tips or quotations by a great people, although the culture is different, but we can take it as guideline ^_^

On Earning: "Never depend on single income. Make investment to create a second source".

On Spending: "If you buy things you do not need, soon you will have to sell things you need".

On Savings: "Do not save what is left after spending, but spend what is left after saving".

On Taking Risk: "Never test the depth of river with both feet".

On Expectations: "Honesty is very expensive gift. Do not expect it from cheap people".

On Investment: "Do not pull all eggs in one basket".

\Price is what you Pay, Value is what you Get.

Investment Rules:
Rules No.1 = Never lose money
Rules No.2 = Never forget Rule No.1

Someone's sitting in the shade today because someone planted a tree a long time ago.


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