Don Steinmann's Investment Tip of the Week

Don Steinmann's
Investment Tip of the Week

About Wealth

These are some of my favorite quotes and about money and weath. The first one by Gail Sheehy really sums it up.

“… that classic American trap – which is, you suddenly get a windfall and then, instead of living pretty much as you have, only a little better and with lots more security behind you – with money there to do something amazing every once in a while when it really counts – you suddenly leap up to meet that income level and always bubble up to it, and then are constantly running to keep up with this tremendous overhead you’ve established”
– Gail Sheehy author of Passages

“I believe that happiness lies less in how much you have than in which way you’re headed.”
– Andrew Tobias author of The Only Investment Guide You’ll Ever Need

“Wealth to us is not mere material for vainglory but an opportunity for achievement”
– Aristophenes in the Funeral Oration of Perecles

“Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community”
– Andrew Carnegie

“There are people who have money and people who are rich”
– Coco Chanel

“I have been poor and I have been rich. Rich is better”
– Sophie Tucker

“Wealth is not without it’s advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.”
– John Kenneth Galbraith

“To turn $100 into $100 is work. To turn $100 million into $110 million is inevitable”
– Edgar Bronfman, former Chairman of Seagram Co.

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