Quotes About Finance

An investor wants the investment to return their money as quickly as possible, all the while holding on to the asset.

This decision had left the company deeply in debt and about to go bankrupt.

La inteligencia financiera no se refiere tanto a cuánto dinero gane usted, sino cuánto dinero puede usted conservar, qué tan duro trabaja ese dinero para usted y para cuántas generaciones lo ha conservado.

Rich people are often creative and take calculated risks. People who take the longest are people who are not familiar with numbers and often do not understand the power of investing.

there were other ways to finance a property rather than through the bank.

A person needs to spend more if they want to become rich, but they must know how to spend and what to spend on in order to become rich.

The owner wanted $102,000, but we offered only $79,000. He took it immediately and agreed to carry back the loan with a 10 percent down payment.

rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.

I would rather use borrowed money to get rich rather than use my own money

you need to be both an investor and a trader.

As soon as the owner moved, my friend put the house up for rent. After all expenses were paid, including the mortgage, he put about $125 in his pocket each month.

An investor knows what to analyze and how to manage investments. A trader knows how and when to buy and sell.

La principal diferencia entre una persona rica y una pobre es la forma en que manejan el miedo.

That means the rich often invest with much lower risk and with the potential of much higher returns.

An investor usually wants cash flow from the asset. The trader wants to realize a capital gain from buying low and selling high.

The rich don't work for money." As long as a person works for money, they will pay taxes.

I advised that he sell it, using a 1031 tax-deferred exchange.

instead of investing in a mutual fund or public stock, the rich have invested via a private placement memorandum, also known as a 506 Reg D.

Investing in mutual funds is investing at the end of the food chain.

regardless of the market, the rich are always offered private investments that are not offered to the general public.

Many "day traders" eventually lose or go broke because they have poor personal money-management fundamentals.

Professional investors are people who risk little of their own money and yet still make the highest returns.

Remember, bankers love debtors because debtors make the bank rich.

To me, that is leverage worth living for.