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Important Investing Lessons From The Oracle Of Omaha

"Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway."

- Warren Buffett

Isn't it funny that people who are rich take money and investing advice from those who are relatively poor? It's said that when the person with money meets the person with experience - it's the person with money who gets the experience and the person with experience who gets the money. That's Wall Street in a nutshell. If you're a successful businessman or businesswoman, doctor, lawyer, or teacher and make a lot of money, then maybe you should be a little suspect of those who want to get their hands on it no matter how smart they are. When you meet with a financial adviser, remember that you won't be the only one in the room planning his or her retirement. Remember to check advisors' and other financial professionals' histories, so you're not just giving them your money and decreasing your wealth, while increasing theirs... READ MORE