Allow me to be politically incorrect: The No. 1 reason people aren't rich is because they're lazy. This is purely my opinion and no one else's, and I have no scientific proof to back it up. Why the sudden honesty? I'll tell you.

Can the price of gold go lower? Absolutely. If it drops to $500 an ounce, I'll buy more. Let me tell you why.

Warren Buffett is famous for talking about the "intrinsic value" of stocks. But while many people parrot this phrase, few know what it really means.

This past Christmas, I was at a party, and a man who's about 10 years older than I am asked me what mutual funds I invested in. My reply was "None. I rarely invest in mutual funds because of the lack of transparency. I don't know their fees. And I know there are hidden expenses they don't need to disclose to investors."

All over the U.S. there are stories of a rise in real estate foreclosures. Many people who took those exotic mortgages -- borrowing 125% of home value or choosing adjustable-rate mortgages -- are struggling to make their payments, and some aren't making it.