Quotes About Assets

Some companies use off-balance-sheet partnerships to raise money or to buy assets without ever telling their shareholders in their financial statements.

Orang kaya membangun aset, orang miskin dan kelas menengah membangun liabilitas. Aset memasukkan uang ke kantong saya. Liabilitas mengeluarkan uang dari kantong saya.

Once you have decided to concentrate on minding your own business—focusing your efforts on acquiring assets instead of a bigger paycheck—

My rich dad's advice made much more sense. Soon the cash flow from my properties was so strong that my company bought me my first Porsche. My fellow Xerox salespeople thought I was spending my commissions. I wasn't. I was investing my commissions in assets.

the rent more than covers my monthly expenses so I have cash flow from my investment.

In the long run, it's not how much money you make. It's how much you keep, and how many generations you keep it.

Stocks •?Bonds •?Income-generating real estate •?Notes (IOUs) •?Royalties from intellectual property such as music, scripts, and patents •?Anything else that has value, produces income or appreciates, and has a ready market

Our overall philosophy is to plant seeds inside my asset column. That is my formula. We start small and plant seeds. Some grow; some don't.

Buying or building assets that deliver cash flow is putting your money to work for you.

McDonald's is the largest single owner of real estate in the world, owning even more than the Catholic church.

The poor and the middle class work for money. The rich have money work for them. On

Want to grow rich? Concentrate your efforts on buying income-producing assets—when you truly understand what an asset is. Keep liabilities and expenses low. You'll deepen your asset column.

That doesn't mean you can't ever buy a bigger house. But make sure to first buy assets that will generate the cash flow to pay for the house. When there are enough assets to generate more than enough income to cover expenses, the balance is reinvested into assets. Which grows the asset column on a balance sheet. Which produces more income. The result is that the rich who understand the difference between assets and liabilities, get richer.

When your assets generate enough income to cover your expenses, you are wealthy, even if you are not yet rich. Left

When your assets generate enough income to cover your expenses, you are wealthy, even if you are not yet rich.

Once a dollar goes into your asset column, it becomes your employee.

Stocks or other paper assets were inconsequential, since they cost us money and never put any money in our pockets.

The rich does not work for money, but money work for them...., While the poor work for money.Illiteracy, both in word and numbers, is the foundation of financial struggle....,Wealth is a person's ability to survive so many number of days forward... or if i stopped working today, how could i survive?...,Wealth is the measure of cash flow from to asset column compared with the expense column...

If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant. But a leveraged firm may be forced to sell, lest fast-accumulating losses put it out of business. Leverage always gives rise to this same brutal dynamic, and its dangers cannot be stressed too often.

If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant.

Since he also had a sizable stake in U.S. government bonds, he felt he could play the market with impunity.

The cash-strapped Scott didn't simply agree to stop refining oil but offered Standard Oil a huge fire sale of assets—refineries, storage tanks, pipelines, a fleet of steamships, tugboats, barges, loading docks—in fact, far more than Standard could afford.

If somebody's got money outside of his salary, it shows up somewhere.

but its investments were now much more diverse, and