Joe Louis Quotes

The windfall of great riches can, if mismanaged, make things worse, not better, for the recipients.

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

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

Any idiot can make money. Keeping money, very few can do.

I like to see a tidy shop, and I want to see my investments well managed.

That's the biggest rule in Hollywood: Don't spend your own money.

My dad was rubbish at all other aspects of his financial life, but he's pretty good at paying the rent.

Not only am I a spender, I have had a couple of business people in the past who have been spending my money quite happily.

That's why I be so careful with my money and always try to invest. I see people who have it all and then lose it.

Yeah I guess I don't want to end up being one of those stories where the guy ends up spending more than he has and owes money to the IRS and stuff like that. I just want to be able to take care of my family and live modestly.

I watched my own father, he went bankrupt and had problems with the IRS. He was living beyond his means, and I guess I was doing the same thing and not even realizing it.

It's staggering how many players, even with the sums of money they make, don't do a great job of saving it.

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.

I try to stay ahead of things, if you know what I mean. I take the money I make and reinvest it.

Money? How did I lose it? I never did lose it. I just never knew where it went.

You have to manage money. Particularly with market economies. You may have a great product, but if your bottom line goes bust, then that's it.

Show people tend to treat their finances like their dentistry. They assume the man handling it knows what he is doing.

If any man, out of an humour, should turn all his Estate into Money, and keep it dead, he would soon be sensible of Poverty growing upon him, whilst he is eating out of the quick stock.

I invest in funds myself even though I run my own fund for my daughters.

This isn't like cancer, where we don't know the solution. Financial planning is math. We have the answers, yet it's this huge cause of stress.

When you grow up in life and you're poor, and because you're an athlete or you got rich overnight in music, unless you have access to financial advice or for the transition or matriculation of that process, then of course, you're going to go broke.

The first rule of personal finance is that it's not personal and it's not financial. It's about your ability to make ten changes and not get too depressed over it.

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.

I was a writer for 'New York' magazine. I had been to business school, but what did I know? Still, everybody from the receptionists on up to the editor would ask me what they should do with their money.

I have observed that money left without special guidance is sometimes used well and sometimes not.