Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren BuffettAs a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.
Robert KiyosakiWe can’t get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can’t just do it by making seniors pay more for Medicare.
Barack ObamaJim Cramer is a very smart man. I watch his show. I just do not follow his advice.
Robert KiyosakiBuy what thou hast no need of and ere long thou shalt sell thy necessities.
Benjamin FranklinI don’t invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.
Robert KiyosakiMany people will have nothing at the end of their working lives.
Robert KiyosakiOne pillar to wealth is having residual income.
Nipsey HussleRemember that credit is money.
Benjamin FranklinYou’ve got to invest in the world, you’ve got to read, you’ve got to go to art galleries, you’ve got to find out the names of plants. You’ve got to start to love the world and know about the whole genius of the human race. We’re amazing people.
Vivienne WestwoodIn the world of money and investing, you must learn to control your emotions.
Robert KiyosakiPeople who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.
Robert KiyosakiSpaceX has the potential of saving the U.S. government $1 billion a year. We are opposed to creating an entrenched monopoly with no realistic means for anyone to compete.
Elon MuskLearn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?
Robert KiyosakiBuy land. They ain’t making any more of the stuff.
Will RogersI think any statement about stock prices is always suspect unless it’s made by Warren Buffett.
Bill GatesOne of the reasons so many people get burned in the market is because they start buying as they see prices going up.
Robert KiyosakiDon’t hold against me that I don’t own – that I don’t own a single stock or bond. Don’t hold it – I have no savings accounts.
Joe BidenIn the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
Warren BuffettTax season always means a deluge of tax advice. Unfortunately, most of it is futile and lightweight.
Robert KiyosakiThe investor of today does not profit from yesterday’s growth.
Warren BuffettThere may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you’re never going to win big in a mutual fund.
Robert KiyosakiIf you would know the value of money, go and try to borrow some.
Benjamin FranklinWarren Buffett is famous for talking about the ‚intrinsic value‘ of stocks. But while many people parrot this phrase, few know what it really means.
Robert KiyosakiAny time an investment company has to spend heavily on advertising, it’s probably a bad business in which to invest.
Robert KiyosakiA penny saved is a penny earned.
Benjamin FranklinMoney is like an arm or leg – use it or lose it.
Henry FordI just think people should invest in the world. Don’t invest in fashion, but invest in the world.
Vivienne WestwoodNeither a borrower nor a lender be.
William ShakespeareSmall debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound: great debts are like cannon; of loud noise, but little danger.
Samuel JohnsonIn ‚Unfair Advantage: The Power of Financial Education‘ and ‚Why A Students Work for C Students,‘ I reveal the secrets of the wealthy and what schools will never teach you about money.
Robert KiyosakiWhy not invest your assets in the companies you really like? As Mae West said, ‚Too much of a good thing can be wonderful‘.
Warren BuffettMy biggest extravagances are also investments. I have several houses in California, a house in Nashville, an office complex, and I bought the old home place in Tennessee. They are different places for me to write, but I can turn right around and sell them.
Dolly PartonMoney is like manure, of very little use except it be spread.
Francis BaconLook at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Warren BuffettSome people, through luck and skill, end up with a lot of assets. If you’re good at kicking a ball, writing software, investing in stocks, it pays extremely well.
Bill GatesIt’s rare for a startup to make money immediately, so you need to make sure that you have enough saved or that you have another income stream that can support you.
Richard BransonBeware of little expenses. A small leak will sink a great ship.
Benjamin FranklinIf you have faith in our leaders of commerce, don’t buy gold. If you do not have faith in them, maybe you should buy gold or silver.
Robert KiyosakiThe way to make money is to buy when blood is running in the streets.
John D. RockefellerOur favorite holding period is forever.
Warren BuffettGiving should be entered into in just the same way as investing. Giving is investing.
John D. RockefellerI never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Warren BuffettWhat I invest in, while not risky for me, may be too risky for most people.
Robert KiyosakiI am very concerned about the millions of baby boomers who are counting on the stock market to deliver them a safe, sound, long retirement. I am afraid the baby boomers who are counting on the stock market are in trouble.
Robert KiyosakiWe simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren BuffettIf you must invest in paper, learn to be an options trader. Then you will know how to make money whether the markets are going up or down.
Robert KiyosakiNever spend your money before you have earned it.
Thomas JeffersonI have a problem with too much money. I can’t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.
Robert KiyosakiWide diversification is only required when investors do not understand what they are doing.
Warren BuffettIf you want to reap financial blessings, you have to sow financially.
Joel OsteenThose have a short Lent who owe money to be paid at Easter.
Benjamin FranklinThe surest way to remain poor is to be an honest man.
Napoleon BonaparteA penny saved is two pence clear.
Benjamin FranklinMany gold and silver experts will recommend you buy numismatic coins – rare and old coins. If you are not a rare coin expert, I’d encourage you to stay away from them. New investors often pay too much for rare coins that are not really rare.
Robert KiyosakiThe rich don’t work for money – the rich invent money.
Robert KiyosakiPeople clinging to job security, savings, retirement plans, and other relics will be the ones financially-ravaged from 2010-2020, the most volatile world-changing decade in history.
Robert KiyosakiRemember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.
Robert KiyosakiAn active investor is someone who actually lives off their investments as opposed to wages from a job.
Robert KiyosakiFinding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
Robert Kiyosaki