CNN Money recently asked forty people for the best advice they ever got about money. One of the people featured is Bill Nygren, the great manager of the Oakmark Select Fund.
He refers to an episode of the Johnny Carson show, where Johnny asked financial guru Andrew Tobias how someone with only $1,000 should invest it. Andrew Tobias said they should buy non-perishable items.
The crowd got quite a kick out of that answer!
Here was this great financial mind suggesting that people, with only a small amount of money, buy common, every day items instead of investing it.
https://biggsuccess.com/wp-content/uploads/2020/07/bigg-success_stacked-1080.png10801080George Krueger & Mary-Lynn Fosterhttps://biggsuccess.com/wp-content/uploads/2015/07/BIGG-Success-Nurturing-Your-Inner-Entreprener.jpgGeorge Krueger & Mary-Lynn Foster2008-09-08 00:30:162019-10-21 15:01:32Want to be a Millionaire? Here’s How to Think Like One
How well do you understand decision making? The people at CNN Money have developed a great little quiz to help you know.
Spend 5 minutes or so finding out. You’ll see the correct answer after you answer each of the 10 questions. Then you can see your final score at the end.
Here are links to five great articles that each offer five great tips to help you have more money at the end of the month. We’ve listed the five points for your perusal along with a link to the actual article.
5 Ways to Improve Your Credit Score
#1 – Get copies of your credit report and make sure the information is correct.
#2 – Pay your bills on time.
#3 – Understand how your credit score is determined.
#4 – Learn the legal steps you must take to improve your credit report.
Adam Freedman wrote this fantastic post as a guest of the Silicon Valley Blogger. Check out all the full explanation of these great tips for first time investors.
And now some financial tips for all of us …
5 Simple Tips for Financial Success
#1 – Don’t pay interest on anything except your home mortgage and other investments.
#2 – No instant gratification.
#3 – Pay minimum income tax and invest the difference.
#4 – Raise financially independent children.
#5 – Convert your salary into securities and real estate.
https://biggsuccess.com/wp-content/uploads/2020/07/bigg-success_stacked-1080.png10801080George Krueger & Mary-Lynn Fosterhttps://biggsuccess.com/wp-content/uploads/2015/07/BIGG-Success-Nurturing-Your-Inner-Entreprener.jpgGeorge Krueger & Mary-Lynn Foster2008-05-15 17:12:432021-01-23 23:43:0925 Ways to Have More Money at the End of the Month
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CNN Money recently asked forty people for the best advice they ever got about money. One of the people featured is Bill Nygren, the great manager of the Oakmark Select Fund.
