Posts Tagged ‘generation’

“Home ownership is viewed as the most coveted part of the American dream, but nearly two-thirds of millennial homeowners (63%) expressed regrets about their current home purchase – the highest share of any generation….  Homeowners (18%) cited unexpected maintenance or hidden costs as their biggest pain point, with a quarter of millennial homeowners indicating this as their top regret.” -Bankrate

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“Americans are reaching retirement age in worse financial shape than the prior generation, for the first time since Harry Truman was president.” -Wall Street Journal, June 22, 2018

“All innovation consumes the innovation of the generation earlier.” -James Altucher

“Government debt is even worse.  Unlike most personal debt, it doesn’t go to the grave with the person who borrowed it.  It sticks around to burden the next generation – who got nothing from it.” -Bill Bonner

Rare Wealth

Posted: January 27, 2014 in Money Matters
Tags: , , , , , , ,

“Having wealth is rare.  Having it for more than one generation is rarer still.  You don’t do that by doing what other people do.  You have to think more clearly… and avoid many of the ideas, values and habits that most people have.” -Bill Bonner

Rare Wealth

Posted: December 20, 2013 in Money Matters
Tags: , , , , , ,

“Having wealth is rare. Having it for more than one generation is rarer still. You don’t do that by doing what other people do. You have to think more clearly… and avoid many of the ideas, values, and habits that most people have.” -Bill Bonner