Posts Tagged ‘finance’
Next Page »Morgan Housel: Money Control Time
on Tuesday, February 21, 2023Meaning of Morgan Housel Money Quote: saying having money means that you can control how you spend your time, based on what makes you happy. Morgan Housel said:
“Use money to gain control over your time, because not having control of your time is such a powerful and universal drag on happiness. The ability to do what you want, when you want, with who you want, for as long as you want to, pays the highest dividend that exists in finance” — Morgan Housel
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Marvin Gaye: Inflation, Finance, Bills
on Friday, April 2, 2021Marvin Gaye Money Quote saying inflation wipes out any increases in income, while money is still owed and young men are sent off to war. Marvin Gaye said:
“Inflation, not chance, to increase finance. Bills Pile up sky high. Sendthat boy off to die” — Marvin Gaye
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Suze Orman: Investing in Stocks
on Friday, January 22, 2021Suze Orman Money Quote saying unneeded money should be invested because it grows over time to fund retirement. Suze Orman said:
“Money you won’t need to use for at least seven years is money for investing. The goal here is to have your account grow over time to help you finance a distant goal, such as building a retirement fund. Since your goal is in the future, money for investing belongs in stocks” — Suze Orman
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Suze Orman is saying that if your financial goal, such as retirement, is at least 7 years in the future, then you should invest money meant for that goal in stocks. Stocks have historically had higher long-term returns than other asset classes like bonds or cash.
Since you have many years until you need the money, you have time for your stock investments to recover from short-term market downturns. By investing in stocks now, your money will have more time to grow over the long run through gains in the stock market.
Robin Leach: Finance Biz Rich
on Friday, March 20, 2020Robin Leach Money Quote saying it is those surrounded with money in the finance businesses that end up with more wealth. Robin Leach said:
“It is usually people in the money business, finance, and international trade that are really rich” — Robin Leach
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Alice Childress: Lack of Funds Poor
on Saturday, October 12, 2019Alice Childress Money Quote saying being poor is seen as simply not having enough money to survive, when in fact it is much more complex. Alice Childress said:
“We think of poverty as a condition simply meaning a lack of funds, no money, but when one sees fifth, sixth, and seventh generation poor, it is clear that poverty is as complicated as high finance” — Alice Childress
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Shirley MacLaine: Pictures Money
on Wednesday, April 24, 2019Shirley MacLaine Money Quote saying she let the money people work out whether a film produced income while paying attention to her part in it. Shirley MacLaine said:
“I’ve never cared whether a picture makes money or not. Now I care, because it’s all about whether they’ll finance the next one. And we’ve got to start making better pictures in Hollywood” — Shirley MacLaine
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Shirley MacLaine is saying that earlier in her career, she did not focus on whether a movie made a profit or not. However, now she cares about box office performance because studios use that as a major factor in deciding whether to finance (provide funding for) an actor or director’s next proposed film project.
By “better pictures”, she means higher quality films. So her point is that in Hollywood, commercial success is important nowadays in order to get funding approval for future movies, and this puts pressure on creators to prioritize profitability over just artistic merit when making creative decisions about their films.”
Joseph Conrad: Finance Liquidation
on Monday, December 3, 2018Joseph Conrad Money Quote saying that somehow assets are like a mist and cannot be liquidated before turning to vapor. Joseph Conrad said:
“The world of finance is a mysterious world in which, incredible as the fact may appear, evaporation precedes liquidation” — Joseph Conrad
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In this quote, Joseph Conrad is making an observation about the peculiar nature of the financial world. While liquidation typically involves making assets liquid or convertible to cash, Conrad notes that in finance, “evaporation” or loss of value often comes first before any actual liquidation process.
His point seems to be that in the financial system, wealth or asset value can mysteriously disappear (“evaporate”) rapidly even without a formal selling off of holdings. This reflects how intangible factors like confidence, speculation and market sentiment can significantly influence the apparent worth of investments in ways that may seem inexplicable to outsiders.
Conrad captures the opaque and volatile quality of finance, where money can vanish almost immaterially before the mechanics of settling accounts.
Birthday December 3, 1857 – Died August 3, 1924
James Altucher: Hidden Personal Finances
on Monday, May 28, 2018James Altucher Money Quote saying those who understand finances figure out how to disappear money with great care so it can grow. James Altucher said:
“The people who know personal finance hide the money very carefully” — James Altucher
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