Quotes About Investment

Rule #1: You must know the difference between an asset and a liability, and buy assets.

FINANCIAL APTITUDE: What you do with the money once you make it, how to keep people from taking it from you, how to keep it longer, and how to make that money work hard for you.

How fast do I get my money back?

an asset that gives him very little cash flow and will appreciate very slowly in value, if it ever does.

After The Worldly Philosophers, I recommend reading The Creature from Jekyll Island by G. Edward Griffin, Paul Zane Pilzer's Unlimited Wealth, James Dale Davidson's The Sovereign Individual, Robert Preacher's The Crest of the Wave, and Harry Dent's The Great Depression Ahead.

assets put money in your pocket." Nice

it is not the investment that is risky. It is the investor who doesn't have the adequate skills that makes the investment a higher risk.

Take your time. There is more than one good deal.

1.?Businesses that do not require his presence: He owns them, but they are managed or run by other people. If he has to work there, it's not a business. It becomes his job. 2.?Stocks 3.?Bonds 4.?Income-generating real estate 5.?Notes (IOUs) 6.?Royalties from intellectual property such as music, scripts, and patents 7.?Anything else that has value, produces income or appreciates, and has a ready market

My rich dad just played the game smart, and he did it through corporations—the biggest secret of the rich.

Analyze the rental market as well as the purchase market.

we used the power of leverage, we did not abuse the power, nor do we live in fear of its power.

Education is one way to be rich. Financial wealth is another way to be rich.

And in all my years, I have never met a rich person who has never lost money.

Most homeowners want to keep their property nice, so they spend excessively on maintenance.

A person can be highly educated, professionally successful, and financially illiterate. These people often work harder than they need to because they learned how to work hard, but not how to have their money work hard for them.

My capital gains of approximately $40,000 were placed into a 1031 tax-deferred exchange

Financially intelligent people think in terms of risk and reward.

Kim and I own several thousand cash-flowing apartment properties, commercial properties, a luxury hotel, a boutique hotel, five golf courses, and oil wells. Every year we add more assets like those to our financial statement and pay less in taxes.

Rule number one in paying yourself first is: Don't get into consumer debt in the rst place.

if you believe in Medicare saving you

financially intelligent people weigh the risks and they weigh the rewards.

The poor and middle class work for money," he would say. "The rich make money. The more real you think money is, the harder you will work for it. If you can grasp the idea that money is not real, you will grow richer faster.

our wealth grows automatically, staying ahead of inflation.