Asset Preservation Quotes

Making a million legally has always been difficult. Making a million illegally has always been a little easier. Keeping a million when you have made it is perhaps the most difficult of all.

Don't sell life insurance. Sell what life insurance can do.

I invest in anything that Bernanke can't destroy, including gold, canned beans, bottled water and flashlight batteries.

A fellow oughtn't to let his family property go to pieces.

The best advice I was ever given was on my twenty-first birthday when my father said, Son, here's a million dollars. Don't lose it.

Land is something one should never sell. It is the only thing left when all else is gone

Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability.

Life Insurance trusts I consider sacred. To hazard the property of the dead & to lose the scanty earnings of fathers & husbands, who have toiled & saved that they may leave something to their families deprived of their care & the support of their labour, is to my mind the worst of crimes.

Rich means you have to stay there to maintain it.

I always think long term about anything. That's why I have never sold anything that I've ever purchased. And I never purchase anything that I don't think I'm going to keep for a lifetime.

I woke up one day and I was like, "I don't have anything to save for myself for the future." That's when I started archiving things. I take four or five things that are really key to each collection, and I restore them or, in some cases, remake parts of them, and archive them.

With eternal investments there is never a loss of principle or principal.

Two rules: 1. Preserve the principal 2. When in doubt, see Rule #1.

I've paid an awful lot of lawyers to protect what I've built. I can only hope the money was well spent.

It's not about just how to maximize your finances but make sure it lasts a long time.

Security was another reason. You never know what can happen to you when you earn a lot of money.

People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.

I wish I was told to look after my teeth when I was younger. My smile is really important to me and one of my biggest assets, so I'm very conscious that I need to keep it in top condition.

A major way that losses are generated in real estate ventures is through depreciation, which is supposed to reflect the way that assets lose value over time. But a well-maintained building typically gains value.

If you are looking for a hedge for potential inflation for the future and have a longer term view, then gold is still a good bet.

If we have wealth, it will be protected from inflation and possibly even enhanced in value.

As water collected in a tank gets pure by filtration, so accumulated wealth is preserved by being employed in charity.

If I were to retire, I would keep my family's interest in the company the same and say, Don't sell.