Posts Tagged ‘assets’
Next Page »Hendrith Vanlon Smith: Inflate Costs
on Monday, November 21, 2022Meaning of Hendrith Vanlon Smith Money Quote: saying growing business income is necessary to cover growing expenses of inflation is critical. Hendrith Vanlon Smith said:
“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 %
on Sunday, November 20, 2022Meaning 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. 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
on Tuesday, August 23, 2022Meaning 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:
“I’m making a case against how money managers are handling customers’ money. 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
on Thursday, November 11, 2021Frank 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” — Frank Eberhart
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Donald Trump: Built Net Worth
on Wednesday, September 15, 2021Donald Trump Money Quote saying he enjoyed gathering assets and building his net worth through his company. Donald Trump said:
“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
on Monday, July 19, 2021Robert 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” — Robert Kiyosaki
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Dylan Ratigan: Buy Up Assets
on Friday, May 8, 2020Dylan 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” — Dylan Ratigan
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Donald Trump: Cryptocurrency – Not
on Monday, July 15, 2019Donald Trump Money Quote saying in a series of tweets that he doesn’t believe in cryptocurrency – from Bitcoin to Facebook Libra – panning all. Donald Trump said:
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity” — Donald Trump
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“Facebook Libra’s ‘virtual currency’ will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks” — Donald J. Trump
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“We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!” — Donald Trump
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