I'm sure you've heard the old saying, ';the rich get richer, and the poor get poorer,'; but what other sayings do you know?What cliche financial advice do you know?
';The economy will improve by the second half of 2007.';
';The real estate and credit crisis has bottomed out.';
';Countrywide is is a strong financial position.';
';Bear Stearns is financially strong.';
';The government knows what's best for you.';
From --- Wall Street, 1987
';Analysts don't know the difference between preferred stock and live stock.';
';Ever wonder why fund managers can't beat the S%26amp;P 500? 'Cause they're sheep, and sheep get slaughtered.';
';What's worth doing is worth doing for money. ';
';Money's only something you need in case you don't die.';
';Having sex with her was like reading the Wall St Journal.';
';I came into Egypt a Pharoah who did not know.';
';A fool and his money are lucky enough to get together in the first place.';What cliche financial advice do you know?
Pay yourself first!
Don't be penny wise and pound foolish.
A fool and his money are soon parted.
Riches seldom make their owners rich.
All that glitters is not gold.
I've been rich and I've been poor. Rich is better.
A rich mans jokes are always funny.
buy low, sell high
When deciding when to buy or sell in the stock market...
';Be fearful when others are greedy, and greedy when others are fearful...';
It's basically saying that people are sheep, and when people are fearful the stock market goes down and that's the best time to buy. Also when people are greedy, they over-inflate the value of stocks and it's time to sell.
This is how to get rich... so what time do you think it is now?
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