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Expert Advice - Money

1.Donald Trump, real estate mogul and star of "The Apprentice":
ON DEBT
"Review your budget regularly - see where your blind spot are. I know people who don't count entertainment or alcohol or whatever - everything must be accounted for. Even a tiny leak can sink a ship. The same with finances.

2.David Gardner, editor, The Motley Fool (fool.com) website:
ON STOCKS
"What do I invest in? An index fund - like those that track the Standard & Poor's 500 - because they are mostly managed by machines for a very low fee, not by humans trying to finance their vacations."

3.Jonathan Clements, senior special writer, The Wall Street Journal:
ON INVESTING
"People bank their financial future on crazy strategies. They are betting the housing market will keep soaring, investing hefty sums in hedge funds or equity-indexed annuities. But there is no easy way to get rich quick. If folks want to retire in comfort, they've got to stick with the basics: Save regularly, diversity broadly. Favour low-cost mutual funds. And shows some patience."

4.Robert Kiyosaki, author of Rich dad, Poor Dad:
ON PAYING FOR UNIVERSITY
"Buy oil! As soon as the kids are born. Oil consumption is up, but supply is down. Get a mutual fund that sells oil stocks."

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