Archive for the ‘investment’ Category

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Elayne Boosler: Banks Keep Savings

Posted by admin on Tuesday, March 28, 2017

Elayne Boosler Money Quote saying you can get a toaster from your bank instead of getting your savings returned if they are dishonest (likely). Elayne Boosler said:

Banks used to give us toasters when we opened an account. Now, they give us toasters instead of returning our savings
— Elayne Boosler

Elayne Boosler: Banks Robbed Homes

Posted by admin on Tuesday, March 28, 2017

Elayne Boosler Money Quote saying investment banks robbed homes of investors and got arrested, but were let go if they returned tiny portion of what they looted. Elayne Boosler said:

Basically, many banks (including the investment firm of Charles Schwab) essentially robbed the entire contents of our homes: dishes, furniture, electronics, family photos, your grandmother’s apron, everything. When caught by the police (the SEC), the thieves were asked to return only a toaster
— Elayne Boosler

Elayne Boosler: SEC Kisses Schwab

Posted by admin on Tuesday, March 28, 2017

Elayne Boosler Money Quote saying money market investors taken to cleaners by Charles Schwab were repaid pennies on dollar for lost investment money. Elayne Boosler said:

I totally, totally resent the fact that the SEC (is the rest of its name “RET”?) let Charles Schwab plead out to a deal that repaid innocent money market investors about ten cents on the dollar
— Elayne Boosler

Elayne Boosler: Charles Schwab Greedy

Posted by admin on Tuesday, March 28, 2017

Elayne Boosler Money Quote saying Charles Schwab took investment money labeled as “safe” to invest in risky mortgages, lost it and paid investors only a dime on the dollar. Elayne Boosler said:

Schwab took the money entrusted to it by people willing to accept very little, to protect their savings, and used it to buy high-risk junk mortgages to enrich itself on the back end. We weren’t greedy. Charles Schwab was
— Elayne Boosler

Elayne Boosler: High Risk Investments

Posted by admin on Tuesday, March 28, 2017

Funny Money Quotes: gambling on risky investments can later mean bitter complaints unless you measure what you can afford and choose wisely. Elayne Boosler said:

I have no complaints about losing money I put in high-risk investments. I did some of that when I had real money; my informed choice, my measured gamble
— Elayne Boosler

Donald Trump: Don’t Love Investments

Posted by admin on Saturday, March 4, 2017

Donald Trump Money Quote saying investment risk should be measured by willingness to lose the amount you invest, so hold on to what you love and can’t afford to say goodby to. Donald Trump said:

How much money can you stand to lose? That’s how much risk you should assume. If you can’t afford to lose it, play it safe. Never fall in love with your investments. Do that and you’re in big trouble. To be a visionary and to be a billionaire, you have to chase impossibilities. Few ever get rich easily
— Donald Trump

John Bogle: Get a Life Outside Finance

Posted by admin on Tuesday, February 28, 2017

John Bogle Money Quote saying investments shouldn’t be actively managed, but rather should be long term. John Bogle said:

Own an index fund, get a life outside of finance, and relax
— John Bogle

Donald Trump: Money Work At All Times

Posted by admin on Saturday, February 25, 2017

Donald Trump Money Quote assuming everyone has money to invest and that it should be working for your portfolio and not saved with low interest. Donald Trump said:

Your money should be at work at all times. Even in the worst economy, there is no excuse – Think Like a Billionaire
— Donald Trump

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