Truth creates money, lies destroy it. That is going to be called a law of money? Life is composed of a series of lies we tell ourselves. In my view, the truth is the truth. We keep it from ourselves. Ideas that are implemented have a chance to create money, not the truth. If we are limiting the discussion to responsibly providing for ourselves, then just like all the other gurus, it leads to a discussion on savings. Fine, so think like an investor and not like a consumer. Weve heard the message in so many books. Living within your means is essential to reducing overall financial stress. If we are not doing that, facing the truth about going in the opposite direction is the first step to addressing the situation. The next law is not to think about where you were at one time with your investments but where you are now. This completely skips over the fundamental reason why people have invested money and lost substantially. They didnt fully understand the game because they didnt know all of the appropriate options to hedge their exposure. Why would you expose your entire investment to risk if it is possible to limit risk to an acceptable level and maintain the same upside? Suze Orman told the story of a guy without any stock investment experience that bought 9,000 shares of Cisco in January 2000 after he had watched it continually move up for several months because his friends had bought some many months before at a much lower price. Cisco continued to go up. The fellow had a profit on paper of $130,000 in just a few months. He bought 9,000 additional shares on margin and Cisco went up ten or eleven points from that point before working its way back down over the next few months. The guy had a chance to sell out of all or part of his position, hedge with options or a short position but he wasnt experienced and he didnt have anyone to guide him on all the options available to him. Its not so much his inexperience that led to his loss but his loss of focus because he had no plan for getting out of the investment. He took out a home equity loan to go into the market and buy his original 9,000 shares. The guy needed a stop-loss order placed somewhere above his break even point in order to protect his position of 9,000 or 18,000 shares. Do you think the author has ever been up $200,000 in a few months in one stock? I dont. Not when she says buy at least 25 stocks or go into a mutual fund. If shes never been up that amount that quickly, shes never played the game in the same way he has. I dont see any story showing how she can relate to being in that position. This guy is my hero, he did the right thing in going for it but because of a fundamental downward shift in technology stocks he didnt have much time or the clarity of mind to exit the position with a profit. He kept waiting for Cisco to go back up ten points from the last point where he bought it. The real problem was playing the game without a plan. He never would have gotten into serious financial trouble if he had put in an order ahead of time to sell in case the stock price reversed. His focus was on how much profit was on the line instead of protecting his capital. And in the investment world if you are not protecting your capital (and hopefully your potential profit), youre just gambling.