Financial Costs Quotes

British taxpayers should not bear the costs of problems in the Eurozone.

There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the biggest loss would be incurred by Germany. Germans have to bear in mind that, effectively, they have suffered practically no losses so far. Transfers have all been in the form of loans, and it is only when the loans are not repaid that real losses will be incurred.

We can no longer afford the war in Iraq. Our financial costs have already passed a third of a trillion dollars; the lifetime costs for this war, in both human and economic terms, will be borne by Americans for generations to come.

A vast industry of stockbrokers, financial planners, and investment advisers skims a fortune for themselves off the top in exchange for passing their clients' money on to people who, as a whole, cannot possibly outperform the market.

Would-be adoptive parents have to struggle for years through a bureaucratic obstacle course at an average cost of $30,000.

Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.

The financial costs of family breakdown are incredibly high.

It's not just professional athletes and soldiers who are at risk from traumatic brain injury. More than 1.7 million people a year sustain a traumatic brain injury, and about 50,000 of them die each year, according the Centers for Disease Control. There are both emotional and financial costs from these injuries.

The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny business because on a net basis, the whole investment management business together gives no value added to all buyers combined. That's the way it has to work. Mutual funds charge two percent per year and then brokers switch people between funds, costing another three to four percentage points. The poor guy in the general public is getting a terrible product from the professionals.

Even those among us who are lucky enough to love our jobs would have to admit that at least part of the reason we work is to earn money. In between all this work, we like to eat out at restaurants, go on trips, buy nice things, not to mention pay rent and meet the cost of living.

People don't realize how much money you have to spend: styling, publicity, a manager, and your agent. That's a chunk of change.

We made some mistakes. We had some managers we didn't like and had to get rid of, and that cost some money. Stuff like that. But overall, we did really well.

Women know the financial, social and physical costs of not having access to basic health care.

The grim irony of investing is that we investors as a group not only don't get what we pay for, we get precisely what we don't pay for.

The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.