Spreuken over Financieel

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Letter - 59 Spreuken

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.

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A moderate addiction to money may not always be hurtful; but when taken in excess it is nearly always bad for the health.

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All money is a matter of belief.

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Any informed borrower is simply less vulnerable to fraud and abuse.

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As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money.

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As sure as the spring will follow the winter, prosperity and economic growth will follow recession.

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Capital is that part of wealth which is devoted to obtaining further wealth.

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Do you know the only thing that gives me pleasure? It's to see my dividends coming in.

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Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.

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For the merchant, even honesty is a financial speculation.

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Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

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I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

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I do not regard a broker as a member of the human race.

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I don't think about financial success as the measurement of my success.

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I finally know what distinguishes man from the other beasts: financial worries.

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I made my money by selling too soon.

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I wasn't a financial pro, and I paid the price.

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I'm involved in the stock market, which is fun and, sometimes, very painful.

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I've always supported myself. I like the sense of knowing exactly where I stand financially, but there is a side of me that longs for a knight in shining armor.

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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

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Infinite growth of material consumption in a finite world is an impossibility.

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Inflation is taxation without legislation.

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It is bad policy to regulate everything... where things may better regulate themselves and can be better promoted by private exertions; but it is no less bad policy to let those things alone which can only be promoted by interfering social power.

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It is incumbent upon each of us to improve spending and savings practices to ensure our own individual financial security and preserve the collective economic well-being of our great society.

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It's not the having, it's the getting.

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Many people are in the dark when it comes to money, and I'm going to turn on the lights.

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Money is like manure. You have to spread it around or it smells.

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Money is the best rule of commerce.

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Money is to my social existence what health is to my body.

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Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.

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One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

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Our incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.

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Owning a home is a keystone of wealth... both financial affluence and emotional security.

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Part of your heritage in this society is the opportunity to become financially independent.

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Poverty is unnecessary.

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Rounding to the nearest cent is sufficiently accurate for practical purposes.

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Security depends not so much upon how much you have, as upon how much you can do without.

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Starting out to make money is the greatest mistake in life. Do what you feel you have a flair for doing, and if you are good enough at it, the money will come.

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Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.

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The avoidance of taxes is the only intellectual pursuit that still carries any reward.

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The economy is a very sensitive organism.

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The job of the Central Bank is to worry.

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The only way for a rich man to be healthy is by exercise and abstinence, to live as if he were poor.

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The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.

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The poor don't know that their function in life is to exercise our generosity.

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The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes.

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The problem of how we finance the welfare state should not obscure a separate issue: if each person thinks he has an inalienable right to welfare, no matter what happens to the world, that's not equity, it's just creating a society where you can't ask anything of people.

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The propensity to truck, barter and exchange one thing for another is common to all men, and to be found in no other race of animals.

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The rate of interest acts as a link between income-value and capital-value.

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The way to become rich is to put all your eggs in one basket and then watch that basket.

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The way to make money is to buy when blood is running in the streets.

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There can be no rise in the value of labour without a fall of profits.

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Thirteen thousand dollars a year is not enough to raise a family. That's not enough to pay your bills and save for their future. That's barely enough to provide for even the most basic needs.

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Thirty to 40 years ago, most financial decisions were fairly simple.

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To beat the market you'll have to invest serious bucks to dig up information no one else has yet.

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Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.

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Under capitalism each individual engages in economic planning.

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Under capitalism, man exploits man. Under communism, it's just the opposite.

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We at Chrysler borrow money the old-fashioned way. We pay it back.

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