Wealth Managers, Wealth Management Quotes

Communism is idiocy. They want to divide up the property. Suppose they did it -- it requires brains to keep money as well as make it. In a precious little while the money would be back in the former owner's hands and the communist would be poor again.

Millionaires don't have astrologers, billionaires do.

Own nothing, control everything.

I have never had personal debt and never will.

I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.

Money without brains is always dangerous.

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.

The right amount of money to leave children is enough money so that they would feel they could do anything, but not so much that they could do nothing

Success is having to worry about every damn thing in the world, except money.

Know what you own, and know why you own it.

It's always weird when people approach me to make an investment. I tell them, 'I don't need any more money. I'm good.' Then I wait for their expression. That part is entertaining, because people look at you like you're crazy when you say you don't need any more money. Who says that?

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

I feel like I grew up in the investment business. My dad was at T. Rowe Price his whole career. We lived in Baltimore and had a small social circle, so most of my dad's friends also worked for T. Rowe.

Don’t buy luxuries until you’ve built the assets to afford them

A man is rich in proportion to the number of things he can afford to let alone.

I made a lot of money, but you can dangerously let it lead you on. It depends what company you keep.

Finance is a slave's word.

I'm making better than two million a year, but it's hard work. The luxuries and pleasures I enjoy in my spare time keep me in condition to do that work. Carnegie and Frick have more money than I have, but I'm getting more value for my dollars than they are.

If someone hands you a million dollars, best you become a millionaire, or you won't get to keep the money.

Efficient spending and saving will give the family more security, more opportunities, more education, and a higher standard of living.

He that gains well and spends well needs no count book.

I'm spending a year dead for tax reasons.

Congress has all sorts of rules, hedge fund managers, private equity managers, executives, movie stars, fall into that allow them to escape or defer into the future not paying their taxes. And if you can defer your tax into the future, it's the best deal in the world, because you don't just get to eat your cake and have it too. You get to eat your cake and have a bigger cake.

I don't spend my life making money to spend tomorrow, or to acquire possessions.