Financial Safety Quotes

Rich people have the potential to reach a point where they see money as the source of their safety and security.

In engineering, people have a big margin of safety. But in the financial world, people don't give a damn about safety. They let it balloon and balloon and balloon. It's aided by false accounting.

The least punk thing I ever did was open a money market account. Blue chip stocks. Mutual funds. They're a very safe and dependable way to grow your money long-term.

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.

I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.

If you need to put your money in a safe and secure place and you want it to earn interest, Treasury bonds are safer than putting it in any bank as a deposit or putting it anywhere else, because they are backed by the full faith and credit of the United States Government.

What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined.

Be risky at work. Be safe with your investments.

I think at a certain level compared - as was pointed out earlier, compared to what is happening in Europe, the United States still gets the safe-haven money. But underlying that, the United States is not the safe haven but perhaps the most dangerous place of all.

I support adjustments designed to enhance the efficiency and effectiveness of regulation without sacrificing safety and soundness or undermining macroprudential goals.

Stock market risk is ok, but not for Social Security.

The most pervasive cyber threat to the U.S. financial sector is from cyber criminals.

Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial.

Mark Hopkins was one of the truest and best men that ever lived. He had a keen analytical mind; was thoroughly accurate, and took general supervision of the books, contracts, etc. He was strictly the office man, and never bought or sold anything. I always felt when I was in the East that our business in his hands was entirely safe.

I completely agree with the concept that American citizens shouldn't expect that a failure of a bank would cost them money, or that it would hurt the economy.

I wish to be clear: all foreign investments will be safe in Zimbabwe.

As we try to make the financial system safer, we must inevitably confront the problem of moral hazard.

In these times of uncertainty for paper-based currency, I feel more secure in holding gold.

I think the number one safe haven where people put their money is to invest in yourself first.

Your greatest asset is your paycheck. Disability insurance protects you and your family if you are unable to work by providing income which will help pay your bills and take care of your family. It's just as important as life insurance.

The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets.

One of our big challenges with the newsletter is that everyone thinks big stocks are safe. That's not true at all. They're only safe if the money is flowing there.

Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.

Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of good business conditions. The purchasers view the good current earnings as equivalent to 'earning power' and assume that prosperity is equivalent to safety.

Social Security is meant to be - to make sure that no one who's worked hard and played by the rules and paid into the system grows old in poverty in America.