Quotes About Finance

She made a respectable living now

Keep the money in your hand, never in your heart.

Her student loans were voracious and demanded monthly feedings

The sillier the market's behavior, the greater the opportunity for the businesslike investor.

There is no denying the lesson these numbers teach us. The future is going to be expensive.

The bottom line is that you and your partner are trading precious time in your life for this income. To me—and hopefully to you—that makes it critically important to ensure that you don't waste what you earn, but rather that you manage it efficiently and intelligently.

FOR LONG-TERM DREAMS (FOUR TO TEN YEARS) Once you get to dreams that are going to take you more than four years to save for, you should really consider putting your dream-basket money into growth-oriented investments. Because you've got more time, you can afford to take more risk to get a bigger return. To my mind, that means investing in stock-based mutual funds.

three baskets into which you should put your eggs. I call them the security basket, the retirement basket, and the dream basket.

Triton has lost the use of the money while BankTrust sorts things out and

When the Fed raises or lowers interest rates, for instance, then that affects the entire economy. Contracts or expands it.

When it came to monetary compensation, we didn't hesitate to pay our leaders above market.

rich understanding of human psychology, a reasonable appreciation of financial theory, a deep awareness of history, and a broad exposure to current events all contribute to development of well-informed portfolio strategies.

Finance theory teaches that active management of marketable securities constitutes a negative-sum game, as the aggregate of active security-selection efforts must fall short of the passive alternative by the amount of the fees, commissions, and market impact that it costs to play the game.

For periods of one to two years or less, investors ought to favor bank deposits, money-market funds or short-term bond funds.

Cambridge Associates Annual Analysis of College and University Pool Returns.

Asset-backed securities involve a high degree of financial engineering. As a general rule of thumb, the more complexity that exists in a Wall Street creation, the faster and farther investors should run.

Table 1.2 Markets Occasionally Crush Concentrated Portfolios Source: Ibbotson Associates. Stocks, Bonds, Bills, and Inflation 2004 Yearbook (Chicago: Ibbotson Associates, 2004).

The aggregate of the compensation paid to mutual-fund managers virtually guarantees that investors fail to achieve market-beating results.

Drug addicts driven to crime to finance their drug addiction are not often inclined toward violent crime. Violence requires all different kinds of energy, and most drug addicts like to expend their energy not on their professional crime but on what their professional crime lets them afford. Drug addicts are often burglars, therefore.

The core accounting equation A = L + E can be dissolved and reshuffled into everything from E = A - L to beyond.

Drug addicts driven to crime to finance their drug addiction are not often inclined toward violent crime.

Derivatives're just trig with some imagination.

Our expenses, including rent, have averaged sixty dollars a month.

Volcker relied on public opinion, integrity, and persistence to overcome the political pressure to finance government spending the easy way, by printing money rather than by taxation.