Quotes About Money

You're already a financial trader. You might not think of it in just this way, but if you work for a living, you're trading your time for money. Frankly, it's just about the worst trade you can make. Why? You can always get more money, but you can't get more time.

You can be young without money, but you can't be old without it. —TENNESSEE WILLIAMS

And this real-world approach is called the dollar-weighted return.

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. —AYN RAND

All you have to do to earn more money in the same amount of time is simply become more valuable.

it's not what you earn that matters, it's what you keep.

The mantra is simple: take the money you save on fees and reinvest it for compounded growth. This strategy is another fast lane to freedom.

Don't spend it all in one place!

I soon discovered this book really isn't about money, it is about creating the life you want, and part of that is deciding what role you want money to play in it. We all have money in our lives; what matters is that you master money and it doesn't master you. Then you are free to live life on your own terms.

In the end, money isn't what we're after . . . is it? What we're really after are the feelings, the emotions, we think money can create: that feeling of empowerment, of freedom, of security, of helping those we love and those in need, of having a choice, and of feeling alive.

Why would anyone want to invest in mutual funds through an annuity? Because annuity products have special tax benefits, and the money inside can grow tax-deferred, just like a 401(k) or IRA.

The other type of annuity is called a deferred annuity. This simply means you give the insurance company money either in one lump sum or over a period of years, and instead of receiving

What dollar-cost averaging really means is systematically putting the same amount of money across your full portfolio—not just the stock portion.

You want to know the banker's secret? Your interest payments will tack on an additional 100% or more to your loan value.

Because it's about meeting their emotional needs, right? It's not about the money in the end.

Don't lose money!" But for many investors, that means having to settle for mediocre returns in the Security Bucket.

Rule 1: don't lose money. Rule 2: see Rule 1. —WARREN BUFFETT'S RULES OF INVESTING

Sólo hay una forma de mantener su riqueza y es sencillamente ésta: gaste menos de lo que ingresa, e invierta la diferencia.

Warren Buffett's top two rules of investing? Rule 1: don't lose money! Rule 2: see rule 1.

is essentially a private "closed-door" fund for only high-net-worth investors. The managers can have total flexibility to bet "for" the market and make money when it goes up, or "against" the market, and make money when it goes down.)

There's no first place or last place here. Life is not a competition. Often people use money and the acquisition of things to measure where they stand: who's got the nicer house, the fancier car, the summer home in the Hamptons. But the truth is, we can't predict how long we'll live or the state of our health as we age. The reality is, it doesn't matter where we start. It's how we finish that counts.

Whether we let money control us, or whether we take control of it.

Index your important money, then go have fun," Burton Malkiel told me. "It's better than going to the racetrack." But, he said, limit yourself to 5% or less of your total assets or portfolio.

That's why asset allocation is so important. What do all the smartest people in the world say? "I'm going to be wrong." So they design their asset allocation ideally to make money in the long term even if they're wrong in the short term.