Asset Building Quotes

Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.

To become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence.

Don’t buy luxuries until you’ve built the assets to afford them

Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.

The No. 1 issue in the Hispanic American community is 'How do I leave my children better off than myself?

In most cases, when people make more money, they get deeper in debt. This is why money alone does not make you rich.

The rich don't work for money - the rich invent money.

Don't wait to buy real estate. Buy real estate and wait.

There is a real opportunity right now as parents and grandparents to come up with a plan that leaves our kids with something better than we have; that is, an opportunity to own, build, and grow a nest egg of their own.

It's not just that families can't buy a home or start a business without some savings tucked away.

I've had my share of problems along the way. Don't get me wrong, because there is no school for this. You go from a poor person to a rich person. My parents didn't have no money; didn't tell me nothing about investments.

Afghanistan cannot be a burden on the international community and it has to become an asset.

I still think buying a home is the best investment any individual can make.

People who own property feel a sense of ownership in their future and their society. They study, save, work, strive and vote. And people trapped in a culture of tenancy do not.

The only way to make real wealth is to get rid of your salary. In a salary, by definition, you are creating wealth for others, and you are creating a chain and handcuffs for yourself.

Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.

The National Empowerment Fund we established some time back. And one of the challenges was to build a strong enough asset base for it to operate in a credible manner. And we believe that it can.

Owning a home is a keystone of wealth - both financial affluence and emotional security.

It is critical that low-income consumers have access to alternative products and services such as rent-to-own. It gives working-class families opportunities to obtain decent household items without incurring the burden of debt.

Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.

Real estate investing is unique in that it's almost as much a career or a way of life as it is a form of investing. Indeed, the fact that real estate is involves so much sweat equity makes it unique among other investments.

One pillar to wealth is having residual income.

We believe that housing is a power platform to spark great opportunities in people's lives and help them achieve the American dream.

You don’t get rich off your day job, you get rich off your homework.

To gain profit is important, but you must invest to build up assets that you can cash in in the future.