Porter Stansberry Quotes

For example, if I make money, I put it in real estate. I always did very well. Location, location, location.

A home is still the biggest asset that most Americans own.

For a number of major companies, if you can't access the commercial markets, you can't fund your business. That's a big problem. You can't pay your bills.

I think homes are a palpable form of investment, and I understand them.

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

I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.

I own every share of my company, and I don't want to sell any of it.

I called my business manager in California and said, 'Sell all of my stock' - what little of it I had - and it's the only smart financial move I ever made.

It's tangible, it's solid, it's beautiful. It's artistic, from my standpoint, and I just love real estate.

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

Our industry is full of all sorts of eccentricities and one of them is owning property.

For most, the largest asset is their home. This becomes a sentimental issue, I know, but if you're holding on to a home that you can no longer afford - or you need the liquidity - you need to think about solutions. One might be to bring in a tenant or roommate; a more drastic measure is to sell the home and downsize.

Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.

Credit is the lifeblood of business, the lifeblood of prices and jobs.

Access to capital is important for all firms, but it's particularly vital for startups and young firms, which often lack a sufficient stream of earnings to increase employment and internally finance capital spending.

My bank account has let me know that I'm a homeowner. Trust me.

You have to invest the money in a certain thing, because, you know, at 40, I want to enjoy my life. So I do a lot of investments. Apartments back in Russia and New York. It's a good thing to do.

Real estate investing is unique in that it's almost as much a career or a way of life as it is a form of investing. Indeed, the fact that real estate is involves so much sweat equity makes it unique among other investments.

We’re partial to putting out large amounts of money where we won’t have to make another decision.

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

Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.

I know about investment. It's really obvious - you buy property, let it sit for a couple of years and then sell it and reinvest.

You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.

Business is other people's money.

I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses - each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.