10 More Money Management Quotes to Live By

AMA10-11-13What do Henry Ford, Michael Jordan, the Bible’s King Solomon and Jason Hartman have in common? They know about smart money management for building wealth. A while ago we brought you a roundup  of wise quotes from leading investors and financial experts past and present. Now, a new collection offers a textbook’s worth of investing and financial wisdom in a few pithy lines.

“Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt.” — Paul Tudor Jones

“As long as you enjoy investing, you’ll be willing to do the homework and stay in the game. If you aren’t interested, you’ll either miss the opportunity to make money in the market or not pay enough attention and end up losing your shirt.” — Jim Cramer

“Thou shalt diversify.” — Jason Hartman

“The older I get, the more I see a straight path where I want to go. If you’re going to hunt elephants, don’t get off the trail for a rabbit. “– T. Boone Pickens

“In any investment, you expect to have fun and make money.” — Michael Jordan

“We don’t have to be smarter than the rest. We have to be more disciplined than the rest.” — Warren Buffet

“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” – Henry Ford

“The most important word in the world of money is cash flow. The second most important word is leverage.” — Rich Dad

“Go to the mouse, you foolish investor, and learn. A mouse never entrusts its life to only one hole.” — Ajaero Tony Martins

“To everything, there is a season, and a time to every purpose under heaven. A time to plant and a time to harvest that which is planted. A time to break down and a time to build up” – Ecclesiastes 3: 1-8

From ancient days to the present, sound investing advice rarely changes: diversify investments, stay in control of the process, know the right time to act and to wait, stay disciplined and persistent – and, of course enjoy the process of building wealth as Jason Hartman advises. .  (Top image:Flickr/evgenydobrov)

The American Monetary Associaion is the source for financial information you can use. Read more from our archives:

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The American Monetary Association Team

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