Walter Annenberg Quotes

I think to the extent you die with money in the bank, you've miscalculated.

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

I don't want to outlive my money.

People die millionaires. All your life, you're gonna stress money?

I have no interest in managing my financial affairs.

It is better to live rich than to die rich.

I'm not interested in building wealth, which is kind of naive and probably frowned on, living in America. It's something that people don't necessarily understand, but if I die poor, I die poor.

Without frugality none can be rich, and with it very few would be poor.

My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.

If I was a billionaire, I'd be smart with my money.

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

Investing is for wealth preservation, not wealth creation, so first you have to make wealth.

Trust funds can never be a substitute for a fund of trust.

I've been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures. With this type of financial success comes financial responsibility.

When you hear of somebody named Goldberg, you think of a guy sitting behind a desk investing your money.

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.

I don't calculate my net worth.

Wealth management businesses are capital light businesses.

If you're a retail investor, you have set aside some of your hard-earned money for investment or to create a nest egg, for your kids or family.

I bought an insurance policy covering the inheritance tax my kids will have to pay when we die, which I thought was a good bit of forward thinking. And I always know I'm going to have enough for tax because I make sure I keep it back in my business account.

I've seen so many people in this business that made a fortune. They get old and broke and can't make any money. I tell you something... no one's going to play a benefit for Jimmy Dean.

Later in life, when I'm retired and have a family of my own and will be able to send my kids to college, that's when I'll start spending. Way too many athletes go broke these days, and I like saving my money so that I can ensure my family and friends currently and after me will never have to endure some of the things I did when I was a kid.

Some people want to amass a great amount of wealth and make a great looking obituary. I'm going to die with more money than is good to leave my son.

Some people, through luck and skill, end up with a lot of assets. If you're good at kicking a ball, writing software, investing in stocks, it pays extremely well.

Resolve not to be poor: whatever you have, spend less. Poverty is a great enemy to human happiness; it certainly destroys liberty, and it makes some virtues impracticable, and others extremely difficult.