Quotes About Wealth

The love of money is the root of all evil. It is not wrong to have money; it is wrong for money to have you. It is wrong for money to be your master.

One qualification for prospering is to esteem earthly things lightly. You cannot put earthly things above spiritual things and expect to prosper as God desires you to.

God wants you to prosper financially! But your prosperity depends on your putting first things first. There are qualifications involved.

Percentage of Population* Percentage of Private Wealth Number of People Top 1% of Population 35.6% 3,000,000 people Next 19% of Population 51.6% 57,000,000 people Bottom 80% of Population 12.8% 240,000,000 people

The top 1 percent of all U.S. households owns 38.3 percent of all stocks. The top 10 percent owns roughly 81 percent. The bottom 90 percent owns just over 18 percent of the stocks held by households in the United States (Table 11.5). Fully 50 percent of U.S. households own no stocks. Even among those who do hold stocks, most own them through pension and retirement funds, where they are not accessible for general use.

In another surprising statistic about the transfer of wealth from generation to generation, only 1.6 percent of Americans receive $100,000 or more in inheritance. Another 1.1 percent receives $50,000 to $100,000. The rest of the population — 97.3 percent — receives no inheritance whatsoever

oney became king when Nathan Rothschild rose to power over Europe in the 19th century, forcing people to recognize finance over divine right.

Ultimately, the Rothschilds united to form a sturdy, efficient moneychain across Europe that financed its industrial revolution, creating a common money market for the first time.

The Rothschild brothers-Nathan, James, Amschel, Carl, and Salomon-comprised the world's largest private bank.

Astor was among his era's most controversial figures because of his millions-and the methods by which he earned them.

They bought blocks of bonds priced from 80 to 82 cents on the dollar, paying for them in bank notes worth half their face value!

Modern scientific accomplishments" --a wealth of methods coupled with a poverty of intentions which, having nearly exhausted the hell-potential of the earth, move on now to the first frontier of the heavens.

No other place can so convincingly claim to be the capital of capitalism, the capital of the 20th century and the capital of the world.

By a husband wealth is accumulated; by a wife is its preservation.

Rich people never go to war. You ask a college kid to go to war, and he's like, 'Umm, I'm taking this sociology class, and I think war is, like, really stupid, and my roommate's, like, half Afghani, so it's going to cause some static.'

Gold diggers are the wife beaters of men!

The very rich are getting richer and all the others are going broke. The big holders are not shrewd or ruthless or enterprising. They don't have to say or think anything. All they have to do is sit and the money comes pouring in. You have to get up with the Big Holders or drop out and take any job they hand you.

As a young child I wanted to be a writer because writers were rich and famous. They lounged around Singapore and Rangoon smoking opium in a yellow pongee silk suit. They sniffed cocaine in Mayfair and they penetrated forbidden swamps with a faithful native boy and lived in the native quarter of Tangier smoking hashish and languidly caressing a pet gazelle.

My advice is to get a good agent and a good tax accountant if you ever make any money, and remember, you can't eat fame.

Tip of the Week If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the nickel deposit, you would have $79. My advice to you…start drinking heavily.

You will never be allowed to buy the really good IPOs at the initial offering price. The hot IPOs are snapped up by the big institutional investors or the very best wealthy clients of the underwriting firm.

There is nothing so disturbing to one's well-being and judgment as to see a friend get rich.

Finding the next Warren Buffett is like looking for a needle in a haystack. We recommend that you buy the haystack instead, in the form of a low-cost index fund.

As the economic historian Charles Kindleberger has stated, "There is nothing so disturbing to one's well-being and judgment as to see a friend get rich.