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Assets Quotes

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Assets Quotes

“The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam. Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral. But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.”

“Funny how in a material world full of pundits and economists obsessed with assets and liabilities -personally, economically and globally - few speak about the greatest of all these…YOU.”

“It is imperative to acquire assets at a financial cost that is less than their value. Timing the purchase based on changes in the marketplace or other factors may present great opportunity to widen the margin between cost and value.”

“Some people will each start investing more of their salary on ‘their’ house and spending less of it on ‘their’ car or cars only when they start being able to take ‘their’ house to work, funerals, weddings, etc.”

“When governments control everything, your perceived or glorified wealth is just an illusion. Attaining true generational wealth requires working rules of law, disaster-proof property rights, and assets that the constituted authority can't just take away. Until you have these, you are still at the mercy of the system - and, it was created to put you in check whenever you want to have a contrary opinion.”

“We had one horse, one mule, and a wagon. We had Horhay with his limp arm and his long past, and Dickie with his hopes for the necklace now dashed and turned to dread of its curse, and me with my ache for your mother who was destined to take her leave of me, and you with a life before you and a look of puzzlement on your face. We had your mother and her sweet baby to be. All together, it was a untidy mix of items.”

“Who you choose to surround yourself with will determine if you fail, or if you will succeed. Assets are people who will support you, build you up, and encourage you. Liabilities are people who will tear you down, discourage you, and give you reasons why you can't do whatever it is you want to do. Minimize the liabilities and you'll go far in life.”

“The more people grow, the more they attain personal mastery. They become assets to the organization, not liabilities..”