Quote of the Week

Found 342 Articles.

Skeptical Election Wisdom

November 7, 2014

“Every election is a sort of advance auction sale of stolen goods.” –H. L. Mencken No other pundit has ever come up with better one-line wisdom than the great H.L. Mencken. Here, the journalist/commentator tells us what he thinks of elections, and I can’t say that I disagree. Wisdom about money, investing and life can […]

On War and Central Banks

October 29, 2014

“It is no coincidence that the century of total war coincided with the century of central banking.” –Ron Paul, “End the Fed” There are many opinions on the Federal Reserve and the role, both good and bad, that it has played in society. In the quote here, the independent-minded former Representative from Texas, Ron Paul, […]

On Disagreeability

October 22, 2014

“To disagree, one doesn’t have to be disagreeable.” –Barry Goldwater There may be a lot of division on political, social and economic issues in America, and while we may disagree, the best way to do so is to avoid being disagreeable. In order to persuade others, we first must avoid putting them on the defensive […]

Jefferson’s Menacing Prediction

October 15, 2014

“A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army.” –Thomas Jefferson The idea that central bank intervention in the economy could be a problem is nothing new. In fact, Thomas Jefferson was a big opponent of central banks and the role they […]

Bogle on Mutual Fund Witchcraft

October 8, 2014

“The mutual fund industry has been built, in a sense, on witchcraft.” –John C. Bogle, founder and CEO (retired), The Vanguard Group John Bogle is the founder of The Vanguard Group, the company that’s the subject of today’s ETF Talk. Mr. Bogle is an outspoken critic of the status quo on Wall Street, and he […]

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On Those Who Would Have it Otherwise

October 1, 2014

“Summer ends, and autumn comes, and he who would have it otherwise would have high tide always and a full moon every night.” –Hal Borland The journalist and novelist reminds us all that change is a constant and that only the foolish would have it otherwise. Remember this the next time you put up a […]

The Problem with Age

September 24, 2014

“One problem with age is that patience begins to ebb.” –Carl Hiaasen The writer and humorist Carl Hiaasen often puts a smile on readers’ faces, and he does so here with his thoughts on age and patience. Yet when it comes to investing, don’t let your age and your ebbing patience get the best of […]

On Happiness and Achievement

September 17, 2014

“Happiness does not lie in happiness, but in the achievement of it.” –Fyodor Dostoevsky The great novelist was a man of immense literary talent, as well as a fount of well written wisdom. Here, the “Crime and Punishment” author reminds us that achievement is what makes us happy, not just the claim that we’re happy. […]

The Secret to Success

September 10, 2014

“The secret of getting ahead is getting started.” –Mark Twain Do you want to succeed in life? Do you want to conquer your obstacles? Do you want to achieve your dreams? If you’re reading this, I’d venture to say the answer is yes. However, before you can declare yourself a victor in your chosen activity, […]

Because That’s Where the Money Is

September 3, 2014

When a journalist once asked the legendary criminal Willie Sutton why he robbed banks, Sutton allegedly replied, “Because that’s where the money is.” When it comes to government and taxes, the same criminal wisdom applies. You see, when the federal, state and local taxman needs money, they aren’t going to go after the Average Joe. […]

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