Posts Tagged ‘raise’

Rich House

Posted: November 20, 2016 in Mortgages
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“Buying a more expensive home every time you get a big raise is a great way to ensure that you will never get rich.  What you want to do is find the least expensive house you can love and keep.  The longer you keep it, the more income you will have to invest in the sorts of assets that will, eventually, make you rich.” -Mark Ford

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Who Decides?

Posted: September 8, 2015 in Economics
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“Logically, there are only two possibilities.  Either wages are determined by a free give-and-take between those who offer their labor and those who want to buy it. Or someone sets wages according to his own standards.   The do-gooders want to use other people’s money to raise the wages of the least well paid, but they make no mention of their own.” -Bill Bonner