Who do you look to for financial wisdom? We’ve compiled 40 money tips from experts that you can apply to your own trading, investing, saving, and financial planning. Here are a just a few of them:
“Never enter into a trade or investment without having a thorough plan first. If you fail to plan, you plan to fail!”
“For each investment you make, you really, really have to understand the risks that you’re taking. Don’t outsource that task to your financial advisor…. If you’re not willing to do that work, you should just keep your money safely in a bank.”
“Comparison shop when it comes to choosing a primary financial institution. It’s a very basic concept, but one that many people fail to grasp. The big banks are often the default choice, yet smaller and institutions like community banks and credit unions are considerably overlooked.”
You can read the full list here.