Posts Tagged ‘risk’
Mark Carney: Necessary Investment
on Saturday, February 6, 2021Mark Carney Money Quote saying if we value the lives we are currently living above the one we hope to live, making investments in the future are less likely. Mark Carney said:
“If we value the present much more than the future, then we’re less likely to make the necessary investments today to reduce risk tomorrow” — Mark Carney
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Frank Abagnale Jr: No Debit Card
on Tuesday, February 18, 2020Frank Abagnale Jr Money Quote saying debit cards are riskier than credit cards because someone could access your cash, not the bank’s money. Frank Abagnale Jr said:
“Never, ever use a debit card….. a debit card is certainly and truly the worst financial tool ever given to the American consumer. Why? It’s simple: Every time you use one, you put your money and your bank account at risk” — Frank Abagnale Jr.
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Kevin Costner: Money At Risk Movie
on Friday, January 18, 2019Kevin Costner Money Quote saying relying on his gut to make movies while risking money or home is worth it. Kevin Costner said:
“I have instinctually thought I could do things in my life, and I followed that up by sometimes putting everything I have at risk – my money, my house – to make a movie” — Kevin Costner
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Birthday January 18
Donald Trump: Don’t Love Investments
on Saturday, March 4, 2017Donald 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
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Donald Trump: Other People’s Money
on Tuesday, September 20, 2016Donald Trump Money Quote saying other people take on investment risk when you use their money toward your goals. That’s OPM. Donald Trump said:
“It’s called OPM. I do that all the time in business. It’s called other people’s money. There’s nothing like doing things with other people’s money. Because it takes, the risk, you get a good chunk of it and it takes the risk” — Donald Trump
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