Porter Stansberry Quotes

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

Only a strong economy can create higher asset values and sustainably good returns for savers.

Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

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

People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.

The economics profession advances by one confusing financial disaster at a time.

Wall Street is always too biased toward short-term profitability and biased against long-term growth.

The government in Russia does not tell me what to do with my assets.

One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.

I have invested some money and I have a home, but people don't realise that you might only be working for a few weeks of the year and remain unemployed the rest of the time.

When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up.

Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities.

You know, capital isn't patriotic. Capital goes to where it needs to go to get a return.

The richer you are and the more financial advisers you employ, the less likelihood there is that you can ever discover what you are really worth.

I'm a wealth creator. I'm not interested in saving in the least. While I do spend a lot, I don't spend money like other billionaires. I'm probably quite unusual, albeit I do have some of the significant trappings. But I always try to make my assets work for a living.

I believe that the Chinese people as a whole love to make investments in real estate.

All I'm trying to do is manage money and take care of my shareholders.

Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.

One way to make sure you don't lose assets in the future is to streamline your accounts. Consider using one bank for all your banking needs and one brokerage firm for all your investments.

Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way.

Measure your wealth by what you'd have left if you lost all your money.

But the world is ever more interdependent. Stock markets and economies rise and fall together. Confidence is the key to prosperity. Insecurity spreads like contagion. So people crave stability and order.

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

The problem is, how can we help them get rich and stay rich ourselves?