Every year, the top financial wizards give their predictions and advice for what to expect. Ever wonder what their favorite advice is of all time? did and asked them.
Text by Sandy Lindsey | May 26, 2018 | Lifestyle

The Advice: “Be afraid when people are greedy, and greedy when people are afraid. The rule is basically: “Buy low and sell high.”
Who Said It: Gary Belsky, Co-Author of Why Smart People Make Big Money
The Result: “In general, I’ve been doing better than market averages by being conservative when the market is frothing and aggressive when the market is down.”

The Advice: “When you get your paycheck, take between 10%-30% and put that away. You’ll be financially independent within a short period of time.”
Who Said It: Wayne W. Dyer, Ph.D., Author of Your Erroneous Zones
The Result: He saved 90% of his pay during his last 18 months in the Navy. “So I came home with enough money to pay tuition for 4 years of school and a car. Even today I pay myself first.”

The Advice: “There’s good debt and bad debt. Bad debt is debt you have to pay for and makes you poor — like using a credit card to buy new shoes. Good debt makes you rich and someone else pays for it.”
Who Said It: Robert Kiyosaki, Author of Rich Dad, Poor Dad
The Result: “Let’s say I’m closing on a $17 million property and financing $14 million. It makes me richer every month by putting $20,000 in my pocket.”

The Advice: “Hire a Registered Life Planner, a financial planner with additional training in helping clients identify and reach life goals.”
Who Said It: George Kindler, Author of The Seven Stages Of Money Maturity
The Result: “A Life Trainer is trained in how to elicit from a client what is meaningful and how to keep their eyes on the prize. My investing is deeply tied to what’s important in my life.”

The Advice: “A billionaire friend reads a book to his grandkids every night. The book is The Tortoise & The Hare. Slow and steady wins the race, consistency matters, get-rich-quick never wins.”
Who Said It: Dave Ramsey, Author of The Total Money Makeover
The Result: “It’s a good reminder for somebody like me to keep me in check. It has implications for debt, for mutual funds, for budgets — it’s an overlay for everything.”