In Hyderabad

Stumbled upon an interesting collection of advice from some financial experts and thought I should share some of it.. though I try to follow some of them mentioned below, its not easy to put all these into practice

1. Be afraid when people are greedy and greedy when people are afraid, ie, get conservative when everyone wants it and get aggressive when no one wants it.. kinda like buy low sell high - Gary Belsky

2. Step away from television and magazines, all they serve to do is show you how stupid you are because you’ve missed whatever they are talking about.. its old news.. Dont follow the hot news since you will end up buying at the highs. - Neal Godfrey

3. Good Debt vs Bad Debt.. Good debt makes you money examples include an investment that yields positive cashflow.. Bad debt burns your pockets.. buying the expensive items that are not critical for your lifestyle.  - Robert Kiyosaki

4. Slow and steady wins the race and cosistency matters.. get rich quick never wins.. If you try to impress others, you’ll lose the wealth race as well - Peter Navarro

Full article can be accessed at Yahoo finance