Don't let money be your goal. Money is a tool that will help you achieve your true goal. Just wanting more money doesn't give you something to actually work toward.

Sometimes it is okay to buy a stock when it is at it's all time high. Sometimes you should sell even when a stock is at a long term low. You need to understand the companies you own and do your best to discern what the long-term prospects look like.

A stock or industry that has been rapidly climbing is likely to slow down and see returns fall in line with the normal average return over time. Keep this in mind when you are investing.

Debt can move you forward faster, but it also puts you at greater risk. Don't fall into the trap of believing everything will keep going up. The debt that helps in the good times can ruin you when the tide goes out.

"How much?" can be a very important question. Don't forget that what you pay for your investments can have a big impact on how your returns turn out.

I don't need to earn more than everyone else. Set yourself up so that average returns will get you to where you want to go.

Many people buy stocks hoping they will go up. But with the right long-term mindset you are almost assured of your investments going up. You just have to hold onto them avoiding the temptation to sell.

Risk is a part of investing. You need to understand how it works and how to mitigate it. You can't avoid it, but you don't need to embrace it either.

Speculation and investing are very different. Don't buy something because you hope it will go up. That isn't going to build the future you want.

Emotions can ruin your investment progress. When the market swings one way or the other, your emotions can lead you to make choices that won't benefit you in the long run. Make a plan for your investments and keep your emotions from influencing that plan.

You can't control everything, but you can control your actions. When things don't go your way, don't dwell on them for long. Get back on track and keep going.

When the market faces periods of intense fear, there can be opportunities to buy great companies at great prices.

If you want to move forward toward your goals, then face your problems head on and work hard on solving them. You will waste more time trying to go around them or hoping they go away than if you just tackle them right away.

Building wealth doesn't need to be complicated. It's probably better if you keep it simple. Every time you get paid, set aside a portion of your income to buy assets. Do this every time you get paid. No excuses.

Money makes you more of what you already are. Stop pretending that money makes people jerks. That person would be a jerk regardless of how much money they have. Be kind and be generous with what you have.

Keep your eye on your goal and don't get distracted by the things that might slow you down. If you stay focused, the obstacles will just look like speed bumps.

The review mirror might be clearer than the windshield, but you have to look forward if you want to achieve anything. The future is where things happen. Learn lessons from the past, but take action that leads to a better future.

This is the secret to a better future. If you aren't saving a little bit of each payday, you are robbing yourself of the future you could have. Get started today.

No one likes to hear it, but your income only plays a small role in becoming wealthy. Your spending habits have a much bigger impact on your future than what you earn. Start spending like your future depends on it.

You can change your future, but you will probably need to do things differently than you have before. If you don't like what you future looks like today, it isn't too late to start making different choices.