There are many lessons to keep from going to pieces when it all falls apart:Always tell the truth to yourself and those you love and who love you.
Trust, but validate and verify everything.
Don’t trust anyone but yourself when it comes to your money.
If something seems too good to be true, it probably is.
Don’t assume anyone has your back. Take full and total responsibility for your actions and don’t sit around waiting for someone to bring you flowers or make money for you
Just because something has worked in the past, don’t assume it will keep working. Linear thinking is complacent thinking and leads to a false sense of security and comfort.
Don’t get greedy. Remember, bulls and bears make money—pigs get slaughtered.
Don’t put all your eggs in one basket. Diversify whenever possible.
Everything you thought and dreamed for your future can be gone in the blink of an eye.
Hope is not a viable strategy for trading or investing in anything.
Stay really strong in body, mind and spirit because you never know when the tsunami is going to hit.
Prepare for the worst and expect the best. Have a backup plan. Have three backup plans.
When it all falls apart, you can and will survive if you don’t fall to pieces.
If you once forfeit the confidence of your fellow citizens, you can never regain their respect and esteem. It is true that you may fool all of the people some of the time; you can even fool some of the people all of the time; but you can't fool all of the people all of the time…Abraham Lincoln
