What's the best financial tip you've ever received?

[CBC News]

The U.S. financial crisis has prompted many Canadians to take a look at their own finances. Some people have begun to take steps to lower their personal debt in case American financial woes begin to spill over into the Canadian economy.
What's the best financial tip you've ever received? Does it apply to the current U.S. financial crisis?








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[TenPenny]

Buy when it snows, sell when it goes.

In other words, do your investment buying in Oct to January, sell in the spring.

There is almost always a drop in the market in late August to mid Sept.

 

[Nuggler]

Buy low, sell high.

 

[darkbeaver]

Avoid debt and capitalists.

 

[karrie]

Save. save save save save save save save.

And, save.

 

[Colpy]

Don't take any wooden nickles....

See Beav, I'm just a struggling member of the proletariat..........nothing to lose but my chains......

 

[Ron in Regina]

"PUT IT ALL ON RED!!!" Oh yeah....that was great financial advice. OK...not so much.

 

[In Between Man]

The wisest words I ever got were "Avoid Debt " and "live for free in the woods, that's what my pappy did"

 

[scratch]

Save. save save save save save save save.

And, save.

.....And save some more.

 

[MissAnnika]

one time while i was delivering pizza for my old job, i got 20 bux for a tip

 

[Avro]

I'll give some.

Work hard, live within your means, invest in real estate when it's cheap and start your own business or in my case businesses.

If business isn't your thing then invest in yourself and go to university for something meaningful....ie not philosophy.;-)

 

[china]

when someone once said aprox. 6 years ago....."you want to make money....?,go to China Young man (was younger six years back.

 

[Avro]

when someone once said aprox. 6 years ago....."you want to make money....?,go to China Young man (was younger six years back.

Or stay and make buckets of it right here in Canada like I did.

 

[china]

[/Or stay and make buckets of it right here in Canada like I did. QUOTE]
Good for you Avro..........what a man .

 

[Avro]

[/Or stay and make buckets of it right here in Canada like I did. QUOTE]
Good for you Avro..........what a man .

Yep, that's what you get for working hard....no need to run away like a lazy bum.

 

[lone wolf]

There are no rich folks in heaven or paupers in hell....

 

[Avro]

Guess I'm going to hell.....good, that's where all the beer and porn stars are.

 

[Zzarchov]

There are no paupers in heaven or rich folks in hell either,

Its part of not being able to take it with you

 

[Avro]

There are no paupers in heaven or rich folks in hell either,

Its part of not being able to take it with you

Um paupers have nothing to take.

 

[Avro]

There are no rich folks in heaven or paupers in hell....

I think, because of your situation you don't like the wealthy that much.

Why? It's not my fault you got hurt nor is it my fault you lost your business.

Let me guess, you were a staunch Tory until you became broke. I've seen it before so I'm just asking.