Barry Ritholtz Quotes

I don't really invest too much in the future.

I don't really think about my future. I don't really worry about anything. I just try not to spend all my money.

Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.

I'm very careful with the money I have, I pay myself the living wage, and I try to save the rest, because if life has taught me one thing it's that you never know what is around the corner.

I don't know if the money I've earned is going to need to last me for the next few weeks or the rest of my life.

The best advice that I can offer is that being proactive and a careful planner is key. Think about the major things that could shake up your financial life, and I'll bet there are some great ways to protect yourself.

You have got to be the masters of your own financial future.

Time is key to building your financial security.

Much of the traditional thinking about cash is well intentioned but unrealistic. Should you have six months of living expenses in the bank for emergencies? Sure. Do you? Probably not.

I don't have any blindness when it comes to my money. As an actor, you can get distracted by your work. I do keep an eye on my nest egg, if you will.

Don't identify yourself with labels and brands and have to buy every cute thing you see. Invest in the things that will grow in equity.

Far too many of my peers were taken in by the jet-setting rock star lifestyle and didn't realise the money might not last forever - but I have always had an eye on the future and invest in a syndicate to share risk.

I've seen too many people who struggle financially who save thousands of dollars and go on a one year trip. And then they come back out of money, thirty years old, and back to living with their parents and saying 'I'm back to getting any job possible to get more money for travel.'

If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

I'm all over the place, and I consider myself a bit of a scrounger: 'What will I do next, so I'm not broke?'

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

I try to treat all the money I'm making like it's the last time I'm going to make it.

I do not give money for just mere hopes.

If you're planning only to make money and nothing else, you'll be broke.

Youth should be a savings bank.

You have no control over the market. You can't predict where it will go, and you can't bring it back from the depths. What you can do is save more. Make sure you have cash on hand - an emergency fund of at least six months of expenses.

Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom.

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.