Posts Tagged ‘income’
Next Page »Warren Buffett: Commodities Bet
on Friday, May 22, 2020Warren Buffett Money Quote saying that commodities require an increase in value over time to be profitable, whereas other investments produce ongoing income. Warren Buffett said:
“The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn’t going to do anything for you… it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time” — Warren Buffett
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Barry Ritholtz: Asset Commodities
on Wednesday, May 20, 2020Barry Ritholtz Money Quote saying that it’s safer to be broadly invested in variety of categories as well as in commodities. Barry Ritholtz said:
“Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large-capitalization stocks, small-cap, emerging markets, fixed income, real estate, and commodities” — Barry Ritholtz
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Drake: The Outcome is Income
on Thursday, October 24, 2019Drake Money Quote saying Win or lose, as long as there is a payday involved. Drake said:
“Guess you lose some & win some, long as the outcome is income” — Drake
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Nikola Tesla: Education War Spend
on Wednesday, July 10, 2019Nikola Tesla Money Quote saying most civilized societies spend as much as they can on war and as little as possible on education and believed we’d reverse that by now. Nikola Tesla said:
“Today the most civilized countries of the world spend a maximum of their income on war and a minimum on education. The twenty-first century will reverse this order” — Nikola Tesla
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Robin Sharma: Triple Investment
on Sunday, February 10, 2019Robin Sharma Money Quote saying self-development can be the best investment and bring substantial returns. Robin Sharma said:
“To double your income, triple your investment in self-development” — Robin Sharma
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Thomas Carlyle: Paying Debt, Income, Thrift
on Thursday, June 14, 2018Thomas Carlyle Money Quote saying either increase income or reduce outgo to meet debt payments. Thomas Carlyle said:
“There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out” — Thomas Carlyle
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Robert Theobald: Right to Income
on Sunday, March 11, 2018Robert Theobald Money Quote saying in his 1963 book ‘Free Men and Free Markets’ that prosperity should bring with it the right to an income provided by the government. Robert Theobald said:
We will need to adopt the concept of an absolute constitutional right to an income. This would guarantee to every citizen of the United States the right to an income from the federal government sufficient to enable him to live with dignity
— Robert Theobald
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Kora-Lea Vidal: Income Rather than Impact
on Thursday, January 25, 2018Kora-Lea Vidal Money Quote saying you may end up feeling rather empty if all of your energy is devoted to earning money rather than making a difference in people’s lives. Kora-Lea Vidal said:
“You may find yourself unfulfilled if your focus is on making an income rather than making an impact” — Kora-Lea Vidal
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