Patrick over at Cash Money Life asked a bunch of personal finance bloggers (including yours truly) this question: What was the first piece of financial advice you received?

Right now, many people are wary about investing. However, now can be a time of great opportunity — if you go about investing in a savvy manner and with a plan. Today, I offer a guest post from Wade Slome, who wrote How I Managed $20,000,000,000 by Age 32, as part of his virtual tour of financial blogs.