Posts Tagged ‘create’

Your Opportunity

Posted: February 17, 2019 in Thought for the Day
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“Create an opportunity for yourself.” -Byron Allen

Own Your Life

Posted: December 5, 2018 in Thought for the Day
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“Create your own life.” –James Altucher

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“Here’s a chart based on research from the Economic Policy Institute that describes the problem. As you can see, productivity in this country grew nearly 250% between 1948 and 2014, but median wages only grew 109%…You’ll also notice that the divergence begins around 1971… the year President Nixon removed the U.S. dollar from gold.

Why? Because paper money doesn’t transmit gains in productivity like real, sound money should.

In short, when the dollar was unlinked from gold, the government was granted the ability to create unlimited amounts of new money. But this money doesn’t flow to everyone equally. It is created in the banks, and then works its way through the financial system before eventually trickling down through the real economy. The result is that asset and consumer prices have risen far faster than wages.” -Justin Brill

“When you borrow money two things usually happen.  First, you’re taking capital that others saved in the past, and are probably using for consumption, not to create more wealth.  And second, you’re mortgaging your future, which makes you a serf when you have to pay it back.” -Doug Casey

Live Life

Posted: January 28, 2017 in Thought for the Day
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“It’s how you live your life each day that determines how you create a lifetime.” –James Altucher

“There is no greater financial cliché than the poor man who builds a fortune only to discover that he lost everything that was really important to him….  You have to create goals that mesh with the person you truly want to be.” -Mark Ford

“Stillness ultimately creates, Doing often destroys.” -James Altucher