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.

For every benefit you receive a tax is levied.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

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.

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

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.

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.

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.

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.

If a business does well, the stock eventually follows.

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

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

Learn 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?

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.

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

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.

If all you’re doing is grinding for the man, it’s going to burden you. Once you say, ‚Hey, I’m grinding for the man, but I’m putting money away, and this is part of my exit strategy,‘ you’re working for you.

It’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.

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

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

One of the reasons so many people get burned in the market is because they start buying as they see prices going up.

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

Distrust and caution are the parents of security.

If you want to be a Millionaire, start with a billion dollars and launch a new airline.

I’m going to retain a lot of Microsoft’s stock.

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

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

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.

It is not how much one makes but to what purpose one spends.

The rich continue to get rich the same way they always have – by understanding how money works and making their money work for them.

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.

Wide diversification is only required when investors do not understand what they are doing.

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

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

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.

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.

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.

Time is money.

It’s OK to have your eggs in one basket as long as you control what happens to that basket.

Concentrate your energies, your thoughts and your capital. The wise man puts all his eggs in one basket and watches the basket.

Jim Cramer is a very smart man. I watch his show. I just do not follow his advice.

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.

Watch your finances like a hawk.

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.

In the world of money and investing, you must learn to control your emotions.

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

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.

Many people will have nothing at the end of their working lives.

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

We are ready for any unforeseen event that may or may not occur.

In 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.

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.

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

I don’t invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.

Investing for the poor requires participation from the entire community.

Beware of little expenses. A small leak will sink a great ship.

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.

In ‚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.

Our favorite holding period is forever.

When I was a kid, there were no credit cards. Instead, retailers offered layaway plans. My mom would go to a store, such as a furniture outlet, choose the sofa she wanted, and put it on layaway. That meant she put a little money down to hold the sofa, and every payday she’d pay a little toward the purchase.

I just think people should invest in the world. Don’t invest in fashion, but invest in the world.