Uday Kotak Quotes

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

I have plenty of money, unlike other Hollywood celebrities or athletes that have not invested well.

At first, the only thing that I learned was to save. Then I learned about mutual fund, then later on direct stock investments. I also went into small businesses and even real estate.

Money and investing can be complex, confusing, and often boring subjects.

When I come to work each day, whether as a commentator for TheStreet.com or a host of Mad Money With Jim Cramer, I have only one thought in mind: helping people with their money.

When I was very young, maybe 12 years, I began to make investments.

My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.

I was a writer for 'New York' magazine. I had been to business school, but what did I know? Still, everybody from the receptionists on up to the editor would ask me what they should do with their money.

If I was a billionaire, I'd be smart with my money.

At 19 I was lucky enough to start making money from my music career, and when I was in my early twenties I trusted financial experts and advisers to guide me with how I invested money.

I'm not looking for hobbies, I'm looking for investments.

You want to make sure you're aware of who's dealing with your money, what it's doing, and how you can save.

I must know every aspect of my personal finances. Managing your money will help you make your money work for you.

If you're a retail investor, you have set aside some of your hard-earned money for investment or to create a nest egg, for your kids or family.

As an artist, you are aware there is this strange money market out there, but you have no sense of how it works.

I never dreamed I would want to be or become a financial advisor.

In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.

And, I believe that if a man dies with a single penny still sitting in the bank, he's a fool.

I try to stay ahead of things, if you know what I mean. I take the money I make and reinvest it.

I want to make as much money as I possibly can so that when my day comes, my mother and sister is fine. My close friends are fine. They don't have to worry about anything ever again.

We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.

My business life is really simple. It's like, get check. Put check in bank. Pay rent. I've never bought a stock in my life. I never got caught up in that trip. And the truth is, I don't obsess about money ever.

The time to save for the future is now. Thanks to compounding interest, the earlier you start putting money away for the future, the more you will save.

I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses - each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.

I understand that finance can be very complex.