don’t trust a novice with your hard-earned money

don’t trust a novice with your hard-earned money

“Advice is one thing that is freely given away, but watch that you take only what is worth having. He who takes advice about his savings from one who is inexperienced in such matters, shall pay with his savings for proving the falsity of their opinions.”

— George S. Clason, The Richest Man in Babylon

Don’t trust a novice or an amateur with your hard-earned savings. It doesn’t matter how attractive or lucrative an opportunity seems, if the person you are entrusting with your money is inexperienced in the given field, the odds will never be in your favor. You will lose your savings sooner or later. Therefore, it’s best to only invest with people who know what they are doing and have a proven track record.