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Bob Lawson's "Financial Laws"

March 10, 2016

 

Lawson's Law of Stress

"Being in control of your finances is a great stress reliever."

 

 Lawson's Law of Dreams

"Don't chase money. Chase your dream."

 

 Lawson’s Law of the Divine Life

 "To spend is human, but to save is divine."

 

 Lawson’s Law of Automobiles

 "The neighbor who has the most expensive car in the neighborhood also has the smallest retirement account."

 

 Lawson’s Copper Rule

"A penny saved is a penny plus interest earned."

 

 Lawson’s Law of Investment Risk

"The greatest risk in investing is not taking any risk at all."

 

 Lawson’s Law of a Watched Portfolio Never Boils

 "The more frequently you check how your investments are performing, the worse your investments will perform."

 

 Lawson’s Law of Attraction

"Spenders are always attracted to savers, and vice versa."

 

Lawson’s Law of Stock Selection

"The price of a stock will decline just after you buy it. The price of a stock will rise after you sell it."

 

 Lawson’s Law of Pocket Cash

"Cash in your wallet will be spent twice as fast as you intend. If you withdraw enough money from the ATM on Monday to last the week, it will be gone by Wednesday."

 

 Lawson’s Law of Urgency

"The faster you are required to invest in a once-in-a-lifetime investment opportunity, the faster you will lose it."

 

 Lawson's Law of Money

“Life is a game. Money is how we keep score.”

 

 Lawson’s Law of Happiness

"People say money can't buy happiness. I say give me $100 and watch me smile.”

 

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