Quotes About Investment

Dr. J. H. Jewett used to say, "The disciple of Christ is to be an expert merchant in the commodity of time.

Robert J. Shiller

Narrative economics demonstrates how popular stories change through time to affect economic outcomes, including not only recessions and depressions, but also other important economic phenomena. The idea that house prices can only go up attaches to the stories of rich house flippers seen on television. The idea that gold is the safest investment attaches to stories of war and depression. These narratives have a contagious element, even if their attachment to any given celebrity is tenuous.

We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them.

I have a problem with too much money. I can't reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.

If a building is a historical building, the government may give you a tax credit, which is far better than a tax deduction, to improve your investment

Orang kaya membangun aset, orang miskin dan kelas menengah membangun liabilitas. Aset memasukkan uang ke kantong saya. Liabilitas mengeluarkan uang dari kantong saya.

The first lesson of having money work for you, as opposed to you working for money, is all about power. If you work for money, you give the power to your employer. If money works for you, you keep the power and control it.

Cut your losses early.

I-don't-wants hold the key to your success," rich dad would say. Because I, too, do not want to fix toilets, I shop hard for a property manager who does fix toilets.

Once you have decided to concentrate on minding your own business—focusing your efforts on acquiring assets instead of a bigger paycheck—

My rich dad's advice made much more sense. Soon the cash flow from my properties was so strong that my company bought me my first Porsche. My fellow Xerox salespeople thought I was spending my commissions. I wasn't. I was investing my commissions in assets.

the rent more than covers my monthly expenses so I have cash flow from my investment.

So why should investing be any different?

Our overall philosophy is to plant seeds inside my asset column. That is my formula. We start small and plant seeds. Some grow; some don't.

a person is to be successful in the B or I quadrant, he or she needs to be aware of market forces and any changes in the law that affect those market forces.

If you take on risk and debt, make sure you get paid for it.

with money comes great power that requires the right knowledge to keep it and make it multiply.

Si trabajas por dinero, le cedes el poder a tu jefe. Si haces que el dinero trabaje para ti, puedes conservar el poder y controlarlo.

hold on to your share of that abundance.

If you take on debt personally, make sure it's small. If you take on large debt, make sure someone else is paying for it.

Buying or building assets that deliver cash flow is putting your money to work for you.

One such way is Section 1031 of the Internal Revenue Code, which allows a seller to delay paying taxes on a piece of real estate that is sold for a capital gain through an exchange for a more expensive piece of real estate. As long as you keep trading up in value, you won't be taxed on the gains until you liquidate. Those who don't take advantage of these savings are missing a chance to build their asset column.

On larger properties, the asset really is the property and its income stream, not the individual borrower's income stream.