Posts Tagged ‘lesson’

I love learning about financial history. I love finding parallels between today and a time in the past. But one clear lesson from history is this: It never happens the exactly the same way the next time around. That’s why it’s easy to be fooled… to think that ‘this time is different’.
Financial disasters and bubbles don’t repeat… but they certainly rhyme. Don’t you forget it!” -Steve Sjuggerud

Life Lesson

Posted: April 18, 2018 in Thought for the Day
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“Life is a long lesson in humility.” -James M. Barrie

Hard Teaching

Posted: February 18, 2018 in Thought for the Day
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“Experience is often a hard teacher because you get the test first and the lesson afterward.” -Unknown

“Every minute you spend wanting money you didn’t earn is a minute wasted and a bad habit reinforced….  The lesson here is about opportunity… the first step in the path to wealth begins by recognizing that all wealth must be earned….  If you need more money, begin by taking personal responsibility for your financial future.” -Mark Ford

“Most people don’t have the discipline to save and sacrifice…. And the chasm between what folks think they need and what they can afford is only getting wider…. Not surprisingly, many people love to do what they shouldn’t…. But they simply can’t afford to buy these things any other way… and they don’t want to live without them.” So, what is the lesson? “Learn the rules of debt and credit, be the bank.” -Stanberry’s Investment Advisory

Developing a private reserve takes discipline, but failing to do so is a costly endeavor.

Save Anyone?

Posted: January 22, 2014 in Thought for the Day
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“NOBODY will ever remember how you helped them.  And you can’t save anyone.  This was my first lesson.” -James Altucher