Suze Orman Quotes

I want to say something in a tough-love kind of way about crop insurance. Let's face it: You don't buy insurance on your house hoping it will burn down. Neither do we want to buy crop insurance and hope our crop fails so we can file.

The fact remains that most of us are anesthetized to the true cost and true value of long term care insurance.

If you're not staying on top of your money, you are putting your financial well-being at risk.

You have to spend a lot to make a lot. It's not like I'm sitting on top of a pile of money.

I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.

Anything that gets people to think harder about their financial security and take some responsibility is a good thing.

Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

I don't want to tell you how much insurance I carry with the Prudential, but all I can say is: when I go, they go too.

Money without brains is always dangerous.

My opinion is just be very careful when you're young and making the money.

That's the biggest rule in Hollywood: Don't spend your own money.

One day we are a hero, another day we are a zero. Without me, Cardiff would have gone bust. Because of my investment, we got promoted.

'Returnless risk' is not how you prepare for a decent retirement.

My number one thing? Don't overleverage yourself. Don't say you can do something when you really can't.

I have been rich, and I have been broke. Some of it is my fault for choosing bad management and making bad investments. But that is life - we all take risks.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

When you have less risk, you have more fun. You can take risks. It's much easier to take risks when there's less money on the line.

I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.

If my businesses or my investments are not profitable, then I don't eat. And I like to eat.

Whatever you do needs to be sustainable over time, and taking the money in the short term and taking it in a bubble - like buying an Internet stock in 2000 - may not be sustainable.

First, you should take money and have plenty of money fueling your tank. But money becomes dangerous if you assume it's going to keep coming. Make sure you can get your burn rate to a sustainable level if you hit the brakes hard, within 90 days.

There are three people you need in life: an accountant, a fishmonger, and a bail bondsman.

My risk tolerance is higher than some people's, but it's not nearly as high as some people's. I don't want to exaggerate my bravado. I haven't been on the front lines. I haven't ever stepped on a land mine.

I made my first million by the time I was 31 and promptly lost it when I got divorced.