You are your own biggest asset. Invest as much of yourself as you can. Improve your own talents and make yourself more valuable. Nobody can tax or steal it.

• Rule No 1: Never lose money.
• Rule No 2: Never forget rule No. 1.

If you work from a loss, it's much harder to get back to where you started, not to mention earn gains.

Warren Buffet built his wealth by getting interests to work for him.

• Many people fail because of liquor and borrowed money. You can make a lot of money without borrowing.
• Avoid credit cards, because the interest rates are very high on them. “Sometimes they are 18 percent. So...

Invest with the future in mind. A tree planted today will give shade in the future.  Nurturing seed of financial success now will lead to shade later on, for example, freedom from debts, a secure retirement or college fees for your children.

• Price = what you pay.
• Value = what you get.

You lose money when the price you pay does not match the value you're getting. For example, when you're paying high interest on credit card debt or spending on stuff you hardly use.

You gain money when...

For the average investor, Warren Buffet advocates for index funds. 

• Put 10 % of the cash in short-term government bonds.
• Put 90 % in a very low-cost S&P 500 index fund.