Quotes About Finance

In my view, the biggest challenge facing this country is that we are not living within our means. Spending cuts can only get us halfway there.

Austerity policy without currency devaluation can only hamper economic growth.

Consider having the operating entities hold fewer assets and lease expensive assets from the asset-owning entities.

The sole burden of the partnership's debts fell upon Louise.

The shareholders, the investors in the corporation, were liable only to the extent of their contribution to the business.

Also note that only 50 percent of your meal costs can be deducted while traveling.

In an LLC, the members get the benefits of business debt

To avoid the double tax of a C corporation, most C corporation owners make sure there are no profits at the end of the year. Instead, they use all the write-offs allowed to reduce their net income.

When holding an asset, as a general rule you will be better protected using an LLC instead of a corporation.

Whenever possible, use business credit cards or loans rather than personal credit, even if you have to give a personal guarantee.

That argument worked until the state of California decided that each series would be taxed as a separate LLC. So instead of paying just $800 for one series LLC in California you would pay, in our four-asset example, $3,200 for the series—the same as if you'd used four separate LLCs with greater certainty of protection.

In a C corporation, the profits are taxed at the corporate level and then taxed again when a dividend is paid to the shareholder.

that the Hegemony of World Finance should reign supreme over everyone, everywhere, as one whole super-national control mechanism. (Montagu Norman by John Hargrave, Greystone Press, N.Y., 1942.)

Americanesia Expressaphobia, n 1. Financial affliction, first diagnosed in late twentieth century, where the sufferer forgets the amount charged on a credit card but is terribly afraid that it's way too much. Closely related to Visago, n, where a high level of debt prompts feelings of nausea and dizziness.

For diversification to work as a salve for the pains of loss, you must avoid looking at losses or gains in isolation.

Our advice? Put no more than 10 percent of your nest egg into stocks of individual corporations. The rest should be spread out over other kinds of investments.

That's why it's often helpful to invest in a spreadsheet computer program such as Excel, a software package like Quicken, or any number of Internet sites, that can display and total all your investments.

The sting of losing money, for example, often leads investors to pull out of the stock market unwisely when prices dip.

That's why any money you'll need within the next five years should be removed from stocks and put into cash or cash equivalents like government bonds.

Trying to extract every last dime out of your financial decisions is likely to incur significant social and psychic costs. As you've no doubt noticed, not everyone likes a person who's obsessed with money. And even if everyone did, an insistence on always making the best financial decision in a given situation can lead to excessive worry and anxiety.

If she got tired of the writer, she could probably marry a short, heavyset man on the middle rungs of private equity.

Aberdeen, a city in the northern reaches of HSBC-London. Their

What's up, wifey?" Mina said, grabbing her by the cheeks, then smacking her ass. Seema always felt better about being the child of immigrants when she hung out with Mina, her first-year roommate. The girl had no plans before, during, or after Michigan. She worked in graphic web design, which these days was simply a catchall category for anything not involving finance or escorting. Then again, her parents were so rich she didn't even have to grow up Asian.

So astute was he in his buying and selling, and in his borrowings, that no one knew if he was in debt.