Jul 22, 2007

Don't Be Afraid to Take Chances: No Balls. No Babies.

"... When I was about 23, I was in Vegas playing blackjack for the first time. I was at the $5 table and asked the dealer if I should double down. He told me, "No balls, no babies." Sometimes you just have to go for it..."

On getting started on your dreams early:

"... The younger you start, the better. If you are single, have five roommates, and a beater for a car, you have nothing to lose. The more stuff and obligations you have, the more likely you will pussy out and not leave a paycheck ..."

Mark Cuban. Maxim Magazine.

Jul 8, 2007

Best financial tip and Worst financial move

Here's some advice from an interview done on mint.com of the author of The Digerati Life blog. It includes an answer to the blogger's top financial tip and also has a financial move that everyone should avoid.

Best Financial Tip:

"... Never take your money for granted. Educate yourself in the areas of finance and business, stay reasonably frugal and invest your savings in index funds..."

Worst Financial Move Ever:

"... Emotional investments in independent stocks. Shorting stocks and participating in overly complicated schemes that involve money. I realized that the more complicated a money making scheme or venture was, the worse my returns were..."

Full interview here

Jul 4, 2007

Be a Warrior: Take life as a challenge

"... The basic difference between an ordinary man and a warrior is that a warrior takes everything as a challenge while an ordinary man takes everything either as a blessing or a curse..."

"... We either make ourselves miserable, or we make ourselves strong. The amount of work is the same..."

>> Carlos Casteneda. Peruvian-born American author and writer.