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The Wealth Reference Guide: An American Classic

Book by Hendrith Vanlon Smith Jr · 11 quotes · Wealth, Money, Money Quotes

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The Wealth Reference Guide: An American Classic Quotes

“Money is better when you have more of it. With money, enough is not enough. You should always have more than enough money - an abundance of money. Look at nature, nature never only makes enough of a good thing. It always makes more than enough. And there’s no scarcity or lack. Everything in nature experiences more than enough.”

“Money is like water, it’s everywhere. It’s in the ground, it’s in the sky, it’s in the air… it’s everywhere. If you’d like, your wallet or account can be like a rainwater pool where the money is filled up and always flowing. And where you can just put a cup in that pool and drink from it whenever you like and you always have more than enough money because the pool is always full. And there’s a prosperous ecosystem where the money clouds are always passing by and pouring more money in there. That’s a good relationship with money.”

“Investing is a special thing. In terms of functionality, almost anyone invest. But in terms of achieving the results of long-term profit and sustainable growth, only some people have the talent or skill sets for that. It’s like baseball for example… anyone can swing a bat at a ball. But only a few guys make it to the big league, and even fewer become world champs. These days there are so many apps and platforms for individual investing, but that doesn’t mean everyone is achieving the same results. There are great investors, good investors, and bad investors. A professional investor can achieve exponential growth and profit. A professional investor understands markets and industries and can account for both the traditional and the new.”

“As a business owner you should never mix business income with personal income and never mix business expenses with personal expenses. Your business is a separate entity with a life of its own. Your job is to lead and manage that separate entity, not to entangle with it. Entangling with your business will result in chaos. But keeping business and personal separate will facilitate efficiency and reduce stress.”