Relying On Your Own Intelligence- Jim Rogers

By Marc Rogers

Jim Rogers appeared on the Today Show with Al Rocker to promote his new book A Gift to My Children: A Fathers Lessons for Life and Investing. A quick reminder for individuals not familiar with the new Jim Rogers book, the book teaches basic principles on investing. Specifically, Jim outlines some key guidelines such as rely on your own intelligence in which I am going to touch on below.

There are going to be moments in life when you must make very important decisions. You will find many people ready to offer you advice if you ask for it (and even if you dont), but always remember that the life you lead is yours and nobody elses. Its important to decide for yourself whats important to you and what you want before you turn to others. Because while there will be times when outside advice proves wise, there will be at least as many times when it proves utterly useless.

There are going to be moments in life when you must make very important decisions. You will find many people ready to offer you advice if you ask for it (and even if you dont), but always remember that the life you lead is yours and nobody elses. Its important to decide for yourself whats important to you and what you want before you turn to others. Because while there will be times when outside advice proves wise, there will be at least as many times when it proves utterly useless.

The only way to really evaluate other folks advice is to first learn everything that you can about whatever challenge you are facing. Once you've done that, in most cases you should be able to make an informed decision on your own anyway.

You were born with the ability to decide what is and what isnt in your best interest. Most of the time, you will make the right decision and take the appropriate actions, and in thinking for yourself, you will become far more successful than had you gone against your own judgment. Believe me, I know. - 26221

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