Quotes About Financial

The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face.

Part of your heritage in this society is the opportunity to become financially independent.

The economic crisis, so conveniently operated and driven by the markets, by financial groups, by the needs of a globalized economy, faces the task of restoring social control, which the crisis of modernity lost sight of.

Deader than a coffin nail, because a coffin nail is still performing useful work, and so in one sense is as alive as it's ever been. Dead as hope. Dead as our financial affairs. Gone.

Though debts are condemned in the financial world, the world of friendship and love may perversely depend on well-managed debts.

Why did so many smart people believe these laissez-fairey tales? It's a good question. Some of the blame surely goes to the excessive faith in free markets that was the elixir of the day. Some goes to economists who believed and extolled the efficient markets hypothesis—and taught it to their students, many of whom wound up as financial engineers on Wall Street.

I think people like to think I'm in some way financially dependent on my family - on my dad - but the fact of the matter is I've been emancipated from my father since I was 14 years old. That's something people don't know or understand.

Madoff was not inhumanly monstrous. He was monstrously human. He was greedy for money and praise, arrogantly sure of his own capacity to pull it off, smugly dismissive of skeptics—just like anyone who mortgaged the house to invest in tech stocks, or tapped the off-limits college fund to gamble on a new business, or put all the retirement savings into a hedge fund they didn't understand, or cheated a little on the tax return or the expense account or the spouse.

What remains a mystery, however, is not the financial details of his everyday life, but how he, like his comrades Trotsky and Stalin—none of them ever having worked for a living, and none of them having anything in common with the working class—could think they had the right to determine the fate of a great nation, and to carry out their bloody, monstrous experiment.

Abra wants its payment network to outnumber all physical ATMs in the world.

The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.

Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.

I have a fear of poverty in old age. I have this vision of myself living in a skip and eating cat food. It's because I'm freelance, and I've never had a proper job. I don't have a pension, and my savings are dwindling. I always thought someone would just come along and look after me.

Although those who wait long enough will eventually recoup losses on a diversified portfolio of stocks, buying stocks at or below their historical valuation is the best way to guarantee superior returns.

Today we are raised with the notion that to be secure is to be financially autonomous. Amassing wealth is viewed as the primary rite of passage to a secure, autonomous existence.

The global financial collapse exposed the longstanding myth that commercial exchange is a primary institution. There are no examples in history where people created commercial markets and exchange before creating a culture.

While some people are certainly seeing economic benefits, many others are unemployed, underemployed, without health insurance and struggling to make ends meet.

set your own rules and stick to them; never argue with the market; never make a play you can't afford; never give way to irrational exuberance. Above all, don't be a sucker.

We're facing the first-ever reversal in retirement security in modern U.S. history," she explained. "Starting with the younger baby boomers, each successive generation is now doing worse than previous generations in terms of their ability to retire without seeing a drop in living standards.

Americans now fear outliving their assets more than they fear dying.

According to 2015 census figures, among older women living alone, more than one in six are below the poverty line. Nearly twice as many elderly women in America are poor (2.71 million) than their male counterparts (1.49 million).

one in six American households that have been putting more than half of what they make into shelter.

Would you rather have food or dental work? Pay your mortgage or your electric bill? Make a car payment or buy medicine? Cover rent or student loans? Purchase warm clothes or gas for your commute?

On August 3 a big Chicago bank, Lazarus Silverman, failed.