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It makes sense to learn from our legendary investors and it means all the more important if one of them is alive. Have a look at the below maxims which will find use whenever you are going to make any kind of investment and it can be anything like property investment or a stock investment.
Napolean Hill
"Make your money work hard for you and you will not have to work so hard for it."

If you apply above maxim in your life; you will find that you will never be dearth of the cash and will not be looking for it from salary to salary perspective. For e.g you have spare cash then let it be parked in a savings account which pays highest savings interest as in India we have certain saving accounts which pay up to 7% per month. In such scenario; your money is not locked in any FD but is easily also accessible.
Warren Buffett
"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."

Use the above principle while making any kind of the investment in the stock market as you have to be sure of the quality of the stock and then you can even rebuy it at lower levels as you have faith in the stock. Check out the reasoning of Warren Buffett investment in the cola giant here.
Peter Lynch
"Spend at least as much time researching, as you would choosing a refrigerator."
The corollary to above maxim is that do not go by hearsay advise and if required pay for the stock market expert advice as they are your stock market doctors who will help you to multiply your money by virtue of reliable inputs.
Verdict
Use above money maxims in your life and luck will always favour you and you will become the husband or wife who will always have more than you can spend.
Napolean Hill
If you apply above maxim in your life; you will find that you will never be dearth of the cash and will not be looking for it from salary to salary perspective. For e.g you have spare cash then let it be parked in a savings account which pays highest savings interest as in India we have certain saving accounts which pay up to 7% per month. In such scenario; your money is not locked in any FD but is easily also accessible.
Warren Buffett
Use the above principle while making any kind of the investment in the stock market as you have to be sure of the quality of the stock and then you can even rebuy it at lower levels as you have faith in the stock. Check out the reasoning of Warren Buffett investment in the cola giant here.
Peter Lynch
The corollary to above maxim is that do not go by hearsay advise and if required pay for the stock market expert advice as they are your stock market doctors who will help you to multiply your money by virtue of reliable inputs.
Verdict
Use above money maxims in your life and luck will always favour you and you will become the husband or wife who will always have more than you can spend.
