I 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.

Distrust and caution are the parents of security.

An important priority for me is a business must get their own house in order. Be or become an agent of positive change in your own enterprise and adopt responsible practices to eliminate the risks that often lie at the root of inequality and poverty.

The only question with wealth is, what do you do with it?

The effort to try to present the Social Security program as if it’s a major problem, that’s just a hidden way of trying to undermine and destroy it.

We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.

If people want capital gains taxed more like the highest rate on income, that’s a good discussion. Maybe that’s the way to help close the deficit.

What I invest in, while not risky for me, may be too risky for most people.

The rich don’t work for money – the rich invent money.

Social Security’s not the hard one to solve. Medicare, that is the gorilla in the room, and you’ve got to put all of it on the table.

Time is money.

A financial institution has the task of taking risks, and if it’s a well run institution – say, Goldman Sachs – it tries to cover the potential losses to itself, but only to itself.

The time to save is now. When a dog gets a bone, he doesn’t go out and make a down payment on a bigger bone. He buries the one he’s got.

I think any statement about stock prices is always suspect unless it’s made by Warren Buffett.

Demographics show that we are entering a battle between young and old. I call it the ‚Age War.‘ The young want to hang onto their money to grow their families, businesses, and wealth. The old want the tax and investment dollars of the young to sustain their old age.

I 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.

One pillar to wealth is having residual income.

My number one thing? Don’t overleverage yourself. Don’t say you can do something when you really can’t.

The way to make money is to buy when blood is running in the streets.

If I have cash and I can’t figure a way to put it into real estate or my business, I hold it in gold and silver.

Even the securest financial plan and the finest health coverage aren’t enough to hold us steady when the challenges come… We need something more, something deeper and unshakeable, something that will see us through life’s hard times.

First grade is very cheap. It’s the later grades where you have to spend a lot of money if you don’t do it right.

Any time an investment company has to spend heavily on advertising, it’s probably a bad business in which to invest.

People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

As a member of the Senate Intelligence Committee, I know that the men and women of our intelligence community put their lives on the line every day, and they do very dangerous work to keep our country safe.

Don’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.

Warren Buffett is famous for talking about the ‚intrinsic value‘ of stocks. But while many people parrot this phrase, few know what it really means.

If you don’t like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors‘ and mutual fund managers‘ retirement.

I think that a good mountaineer is usually a sensible mountaineer.

You’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.

Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.

Being a stunt coordinator, I have to take care not only of myself but I have to make sure everyone is safe.

The way to become rich is to put all your eggs in one basket and then watch that basket.

Invest three percent of your income in yourself (self-development) in order to guarantee your future.

Giving should be entered into in just the same way as investing. Giving is investing.

For every benefit you receive a tax is levied.

If I was a billionaire, I’d be smart with my money.

People 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.

Eight years involved with the nuclear industry have taught me that when nothing can possible go wrong and every avenue has been covered, then is the time to buy a house on the next continent.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

Investing for the poor requires participation from the entire community.

The investor of today does not profit from yesterday’s growth.

The wise man does not expose himself needlessly to danger, since there are few things for which he cares sufficiently; but he is willing, in great crises, to give even his life – knowing that under certain conditions it is not worthwhile to live.

Risk comes from not knowing what you’re doing.

If 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.

Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.

Bring your desires down to your present means. Increase them only when your increased means permit.

During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That’s because they were at the bottom of the investing food chain.

Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.

I remember thinking quite logically that I didn’t want to spoil my children with wealth and so that I would create a foundation, but not knowing exactly what it would focus on.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

We’ve got to put a lot of money into changing behavior.

He that’s secure is not safe.

Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.

I try to treat all the money I’m making like it’s the last time I’m going to make it.

If a business does well, the stock eventually follows.

We 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.

Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.

There 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.

Money and investing can be complex, confusing, and often boring subjects.