Quotes about "Personal Finance & Financial Independence"

Trailer home borrowers, mostly near the bottom of the economic ladder, often default on their loans. ”

Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates. ”

Trust-me companies are companies whose financial results gallop ahead of their businesses, companies with seemingly perfect control over their quarterly sales and profits. Companies whose financial statements are loaded with footnotes: companies that short-sellers often attack but rarely dent. ”

Rising interest rates are considered bad for stocks because they raise the cost of doing business and depress corporate earnings and because higher yields make bonds relatively more attractive than stocks to investors. ”

Lower interest rates are usually considered good for stocks because they lower the cost of borrowing and make bonds a less attractive alternative investment. ”

The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees. ”

The Fed's ability to raise and lower short-term interest rates is its primary control over the economy. ”

People are always going to identify with what it's like living in society and have people judge you in certain ways, and how you can be strong enough to be your own person and all those good things. ”

Literature becomes the living memory of a nation. ”

For us in Russia, communism is a dead dog, while, for many people in the West, it is still a living lion. ”