Marc Faber Quotes

Youth should be a savings bank.

Money is the kind of instrument which is very speedily produced.

Maybe we should teach schoolchildren probability theory and investment risk management.

One of the first things I tell people is, if you want to learn about investing, you want to open an account and make real investments because that's when it becomes real.

When you first come in the NBA, you have a lot of conversations about saving your money, financially educating yourself, not just trusting whoever it is handling your money, not just having those meetings once a year, and not really putting the effort into learning the same way you learn your craft on the court.

A penny here, and a dollar there, placed at interest, goes on accumulating, and in this way the desired result is attained.

Our whole lives, did any of us actually think a quarter of a percent was actually an interest rate?

Sometimes people start making a change with without making sure the first the first source of income sticks.

Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability.

We shouldn't think anyone needs a Ph.D. in advanced investing in order to begin to invest.

If you live in the digital economy, you have to be careful to have your investment thesis squarely bolted into your reality.

Enjoy the magic of compounding returns. Even modest investments made in one's early 20s are likely to grow to staggering amounts over the course of an investment lifetime.

The least punk thing I ever did was open a money market account. Blue chip stocks. Mutual funds. They're a very safe and dependable way to grow your money long-term.

I didn't grow up in a household where dinner conversation was, 'How did the market do today?'

I still think buying a home is the best investment any individual can make.

With the right kind of financing, I think we can grow by 100 percent per year.

When you don't spend or invest in the future, you can't always get away with it.

I wouldn't finance a fad if I were a banker.

If you were to just design the perfect retirement plan, you would own the stock market or you would own the bond market. You would get all the costs or all that you possibly could out of the system. So on an annual basis, if the market went up 8 percent, you would get 7.8 or 7.9 percent.

Don't take risk, and don't get into debt.

My parents manage my money, though growing up I was very hands on with investments and made all the decisions, even on behalf of my parents.

I have millions of dollars, and I don't know finance. I've had some bad things happen in my career. I've got to educate myself. I sit down with my finance guy once a month and go over everything, line by line.

When you grow up in America today, most schools don't teach you about money and investing. You could literally take a class in woodshop or auto in high school and not take a class on money.

Somehow, there is this feeling that women require remedial financial education, and so everything must be dumbed down. The reality is that we all need a lot more education, but guys just go ahead and invest anyway.

My kids certainly aren't going to have the money. They don't need it.