Posts Tagged ‘assets’

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Matshona Dhliwayo: Rich Peace

Posted by admin on Friday, June 16, 2023

Meaning of Matshona Dhliwayo Money Quote: saying what makes you wealthy is peace and contentment, not so much debt. Matshona Dhliwayo said:

 
if you have debts, you are poor;  assets - fortunate; money - privileged; peace - rich;  contentment - wealthy Quote
 

“If you have debts, you are poor; if you have assets, you are fortunate; if you have money, you are privileged; if you have peace, you are rich; and if you have contentment, you are wealthy” — Matshona Dhliwayo

 

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Hendrith Vanlon Smith: Inflate Costs

Posted by admin on Monday, November 21, 2022

Meaning of Hendrith Vanlon Smith Money Quote: saying growing business income is necessary to cover growing expenses of inflation is critical. Hendrith Vanlon Smith said:
 
Inflation will make sure that expenses grow, so each business needs to make sure that it's assets are growing to at least compensate for those inflationary pressures Quote

“It’s important to always keep the business’ assets growing. Inflation will make sure that expenses grow, so each business needs to make sure that it’s assets are growing to at least compensate for those inflationary pressures” — Hendrith Smith

 

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Hendrith Vanlon Smith Jr: Inflation %

Posted by admin on Sunday, November 20, 2022

Meaning of Hendrith Vanlon Smith Jr. Money Quote: saying One business expense many owners fail to budget is inflation. Hendrith Vanlon Smith Jr. said:
 
You have to include inflation in your annual revenue and expense forecasts. You have to treat inflation as an annual fee your business pays into the economy Quote
 

“You have to include inflation in your annual revenue and expense forecasts. You have to treat inflation as an annual fee your business pays into the economy. If inflation is 2% for example, that means the economy is charging your business a 2% annual fee and so you gotta make sure your income and total assets grow at minimum 2% annually just to keep up” — Hendrith Vanlon Smith Jr

 

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Michael Lee-Chin: Fund Managers

Posted by admin on Tuesday, August 23, 2022

Meaning of Michael Lee-Chin Money Quote: saying that fund mangers need to risk more to increase the wealth of clients than be average. Michael Lee-Chin said:
 
objective of the customer the fund managers are diversifying their assets performing close to the indexes. But that's not the way wealth is created Quote

“I’m making a case against how money managers are handling customersmoney. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that’s not the way wealth is created” — Michael Lee-Chin

 

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Frank Eberhart: Retirement Goal

Posted by admin on Thursday, November 11, 2021

Frank Eberhart Money Quote saying the point of retiring is to live on interest, not principal. Frank Eberhart said:
 
The goal of retirement is to live off your assets - not on them Quote
 

“The goal of retirement is to live off your assets – not on them” — Frank Eberhart

 

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Donald Trump: Built Net Worth

Posted by admin on Wednesday, September 15, 2021

Donald Trump Money Quote saying he enjoyed gathering assets and building his net worth through his company. Donald Trump said:
 
iconic assets in the world, $10 billion of net worth, more than $10 billion of net worth, and frankly, I had a great time doing it Quote
 

“I built a great company, one of the – some of the most iconic assets in the world, $10 billion of net worth, more than $10 billion of net worth, and frankly, I had a great time doing it” — Donald Trump

 

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Robert Kiyosaki: Assets In Pocket

Posted by admin on Monday, July 19, 2021

Robert Kiyosaki Money Quote saying that assets add to the bank account while any liabilities drain the bank account. Robert Kiyosaki said:
 
Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket Quote
 

Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket” — Robert Kiyosaki

 

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Dylan Ratigan: Buy Up Assets

Posted by admin on Friday, May 8, 2020

Dylan Ratigan Money Quote saying funds from the Cares Act was given inappropriately to banks and investors to acquire assets of those losing them. Dylan Ratigan said:
 
This is not a bailout for the American people, this is giving cash to a small group of investors and banks so that they can buy up bankrupt assets from everybody else Quote
 

“This is not a bailout for the American people, this is giving cash to a small group of investors and banks so that they can buy up bankrupt assets from everybody else” — Dylan Ratigan

 

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