Telugunadu Posted January 31, 2009 Share Posted January 31, 2009 Warren Buffet's advice for 2009 We begin this New Year with dampened enthusiasm and dented optimism. Our happiness is diluted and our peace is threatened by the financial illness that has infected our families, organizations and nations. Everyone is desperate to find a remedy that will cure their financial illness and help them recover their financial health. They expect the financial experts to provide them with remedies, forgetting the fact that it is these experts who created this financial mess. Every new year, I adopt a couple of old maxims as my beacons to guide my future. This self-prescribed therapy has ensured that with each passing year, I grow wiser and not older. This year, I invite you to tap into the financial wisdom of our elders along with me, and become financially wiser. * Hard work: All hard work bring a profit, but mere talk leads only to poverty. * Laziness: A sleeping lobster is carried away by the water current. * Earnings: Never depend on a single source of income. [At least make your Investments get you second earning] * Spending: If you buy things you don't need, you'll soon sell things you need. * Savings: Don't save what is left after spending; Spend what is left after saving. * Borrowings: The borrower becomes the lender's slave. * Accounting: It's no use carrying an umbrella, if your shoes are leaking. * Auditing: Beware of little expenses; A small leak can sink a large ship. * Risk-taking: Never test the depth of the river with both feet. [ Have an alternate plan ready ] * Investment: Don't put all your eggs in one basket. I'm certain that those who have already been practicing these principles remain financially healthy. I'm equally confident that those who resolve to start practicing these principles will quickly regain their financial health. Let us become wiser and lead a happy, healthy, prosperous and peaceful life. Link to comment Share on other sites More sharing options...
andhramass Posted February 5, 2009 Share Posted February 5, 2009 one of the best advicer yevvarana 'Snowball' chadivaraa? Link to comment Share on other sites More sharing options...
subash.c Posted February 5, 2009 Share Posted February 5, 2009 Am miyya...etta unnav....vindia lo unnava..AUs poyava :K) Link to comment Share on other sites More sharing options...
andhramass Posted February 5, 2009 Share Posted February 5, 2009 Am miyya...etta unnav....vindia lo unnava..AUs poyava :K) ledhu mama aus vachannu Link to comment Share on other sites More sharing options...
sinnasinna Posted February 5, 2009 Share Posted February 5, 2009 Link to comment Share on other sites More sharing options...
Rajasimham Posted February 5, 2009 Share Posted February 5, 2009 Eyanaa telugu lo cheppada.... Link to comment Share on other sites More sharing options...
Chakravarthy Posted February 6, 2009 Share Posted February 6, 2009 Eyanaa telugu lo cheppada.... neeku engilpis raadaaaaaaaaa .... ;D ;D ;D ;D Link to comment Share on other sites More sharing options...
Uravakonda Posted February 6, 2009 Share Posted February 6, 2009 Eyanaa telugu lo cheppada.... avuuuu naadi gudaaka adhe baadha Link to comment Share on other sites More sharing options...
Permban Posted February 6, 2009 Share Posted February 6, 2009 :) Link to comment Share on other sites More sharing options...
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