Millions of Americans and people around the world, especially young people who face intense financial challenges today, haven't been taught how to take control of their financial future.
Deflation isn't good, and inflation is easier to cure than deflation.
I did have two dads; one was a socialist, and one was a capitalist. I really decided I would rather be a capitalist.
The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.
If medical doctors can be sued for malpractice, shouldn't financial professionals practice under the same safeguard?
Many people aren't rich because they're liars.
People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.
Any time an investment company has to spend heavily on advertising, it's probably a bad business in which to invest.
Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.
By 2003, every fool was getting into real estate. The checkout girl at my local supermarket handed me her newly printed real estate agent business card.
If you or I fail at business, we fail. If we cheat and fail, we go to jail. But if you're rich and politically connected, your incompetence may be protected by a government bailout.
At my lowest point, I was nearly $700,000 in debt.
Even though the risks of death are higher driving than flying, many people would rather drive simply because they feel they have more control driving. The facts are that only a few hundred people die a year flying, and 44,000 are killed a year driving.
In business, success often depends upon the relative age of your ideas.
Most employees only want to know how much they get paid and how much time off they get - they probably don't have the mission in their souls.
Although I don't like the way the Chinese do business, I continue to do business in China. I have to. They're the next world power.
Most shareholders have little if any control over the companies in which they own stock, even if they own a million shares.
Today, medical devices such as catheters and stethoscopes use silver, and every hospital in the western world uses silver sulfadiazine to prevent infections.
Often, in the real world, it's not the smart that get ahead but the bold.
When times are bad is when the real entrepreneurs emerge.
The dollar has lost over 90 percent of its value since the Fed was created.
I'm a real estate guy.
The idea of going to school and getting a job is the most destructive one in your brain.
Good entrepreneurs are community builders, actively involved with their communities and dedicated to the community's well being. If you're dedicated to your community, it will be dedicated to you.
When you think about it, three of our biggest financial decisions in life are made at times of peak emotional excitement: deciding to get married, buying a home, and having kids.
The state of the economy is not the issue when it comes to growing a business. The relevant questions are always: 'What business are you in? Furthermore, is it adapting to the times?'
From 1945 to 1974, the Western world - including America - was more socialistic than capitalistic, more pro-labor than pro-business.
I would say raising capital is one of the weakest things for most entrepreneurs.
'Socialize' means we turn more of our personal powers over to Big Brother, not free enterprise.
Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.
World War II broke out in 1939, and many people credit that war with saving the economy.