Quotes About Investment

The rich buy assets. •?The poor only have expenses. •?The middle class buy liabilities they think are assets.

But it is not a winning portfolio. It is a portfolio of someone playing not to lose.

O'Shaughnessy's best-selling book is titled What Works On Wall Street: The Classic Guide to the Best-Performing Investment Strategies of All Time.

Bill Gates was one of the richest men in the world before he was thirty.

They know how to become very rich winning just 2 percent of the time and losing 98 percent of the time.

When it comes to money, most people want to play it safe and feel secure. So passion does not direct them. Fear does.

living for five years on borrowed money.

They know that the 2-percent return must cover the cost of mailing to the 98 percent that do not reply.

If you have any desire to be rich, you must focus. Do not do what poor and middle-class people do: put their few eggs in many baskets.

You get a tax break for going into greater debt.

Many losers bet only on sure things such as job security, a steady paycheck, a guaranteed pension, and interest from a bank account.

But a savvy investor knows that the seemingly worst of times is actually the best of times to make money. When everyone else is too afraid to act, they pull the trigger and are rewarded.

Put a lot of your eggs in a few baskets and FOCUS:

Larry sell me on the benefits of setting such a goal

they held much of their wealth in real estate after they made it.

Is that why you say, "Your house is not an asset?" For most homeowners, their house is taking money out of their pockets. A: Yes. Even if your house is debt free, cash is still flowing out of your pocket for taxes, maintenance, insurance, and utilities.

they will tell me it's risky. They tell me why I should not do it. When I ask them where they get their information, they say from a friend or an investment magazine. They've never done it, and they're telling someone who's doing it why they shouldn't.

You are learning to delay gratification and work to build assets that grow in value.

he parked his wealth in real estate.

A broker is my eyes and ears in the market. They're there every day so I do not have to be. I'd rather play golf.

Often, they mindlessly repeat what they have been told. Ideas such as "diversify" or "your home is an asset." "Your home is your biggest investment." "You get a tax break for going into greater debt." "Get a safe job." "Don't make mistakes." "Don't take risks.

The income from real estate is passive income, the least taxed of all incomes.

Money without financial intelligence is money soon gone.

The business owner or entrepreneur gets the big bucks at the end of the day because he or she must be the most generous at the start of the day.