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Christopher Manske Quotes

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Famous Christopher Manske Quotes

“In our race to show off our wealth, we are more like a rat on a wheel consuming material goods while trying to keep up with the Jones family.”

“Homes, and other purchases like it, supposedly prove to our community that we have money, but many times these purchases are just signaling to others that we used to have money.”

“There are specific ways the system actually is rigged and distorted so that our perception of our money is manipulated, very similar to how a stage magician does illusions. And also, like those stage tricks, these financial manipulations are easy to see through with just a little bit of education and focus.”

“If you’ve ever thought that it shouldn’t be so hard to examine your investment portfolio or hold your financial advisor accountable, you’re right. The system distorts your view of your money in the same way that a magician stacks the deck against the audience. It’s not evil or bad, but once you know how the magician does the illusion, you simply cannot be tricked so easily anymore. And once we all are in on the trick, the financial industry will need to improve, because the old, tired illusions won’t work anymore.”

“A portfolio can only be “seen” as the data representing the holdings in each account, which means that your monthly investment statement is not actually your portfolio of stocks and bonds. Instead, the investment statement is more like the wrapper or costume between you and your money.”

“Treat debt the same as a really sharp sword. Use debt sparingly for well-thought-out reasons. Maintain debt properly. Aim to retire your debts at a reasonable point in the future.”