The investor Kevin O'Leary shared habits that he paved the way to where it is today

Kevin O'Leary is the Chairman of O'Leary Financial and chairman of O'Shares Investments. O'Leary short talks about their habits and the lessons his mother for money.

Georgette my mother gave me many great tips in my life, but the most valuable habit that was instilled in me her to the investment philosophy: never spend the principal, only the interest.

According to her share without dividend is pure speculation. To this day, her advice me steer. This is the bedrock on which it is based O'Leary Funds.

Money and how you made them this has never been a mysterious subject for me. I remember conversations with my mother in my childhood. I asked: "Can you give me some money to buy candy?" And my mother said, "What did you do to win them?"

I learned at an early age that money does not come from wishes and prayers. They will come from hard work. When I was the age of 4 or 5 years old, I was already aware that there is a direct connection between work and money.

She also taught me that it is necessary to leave the money yourself if you want to grow. You should always allocate a third of his salary, and to invest in stable stocks or bonds that pay dividends or interest. Spending rates - never the principal.

"Thus," she said, "You will always have money. And if you always have money, you will always have the freedom."

In the transmission of philosophy her money and good financial habits, my mother also explained to me how the world works. I began to understand that money is the lifeblood of a family. Love may be the heart, but the money pumping vital energy through it. It otnsyashe with respect to money, and when she needed them they were there.

Habits my mother paved the way to where I am today. Every day I wake up happy, knowing that I am able to provide financial freedom for my family and myself.