45 Carlos Slim Helu Quotes About Wealth & Success
.45 Carlos Slim Helu Quotes About Wealth & Success
By Dan Western
Carlos Slim Helu is a Mexican business magnate, investor, and philanthropist;
He was also once the richest man in the world, according to Forbes, and now remains on the list of the top 10 billionaires worldwide.
Carlos Slim’s conglomerates include real estate, retail, hospitality, education, health care, industrial manufacturing, energy, transportation, media, entertainment, high-technology, sports, and financial services.
We’ve put together this collection of the greatest Carlos Slim Quotes:
45 Carlos Slim Helu Quotes
1. “All times are good times for those who know how to work and have the tools to do so.” – Carlos Slim Helu
2. “I’ve always said that the better off you are, the more responsibility you have for helping others. Just as I think it’s important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.” – Carlos Slim Helu
3. “Staying occupied displaces preoccupation and problems, and when we face our problems, they disappear.” – Carlos Slim Helu
4. “The truth is, you leave this world with nothing. What you are is a temporary administrator, and you must administer well… the wealth in your care, and generate more. The surplus can be used to do many things for people.” – Carlos Slim Helu
5. “Competition makes you better, always, always makes you better, even if the competitor wins.” – Carlos Slim Helu
6. “It’s important to give a better country to your children, but it is more important to give better children to your country.” – Carlos Slim Helu
7. “Inertia is in our minds always.” – Carlos Slim Helu
8. “The only way you finish with poverty is with jobs.” – Carlos Slim Helu
How The Rich Enrich Themselves
.How The Rich Enrich Themselves
The Final Wake Up Call By Peter B Meyer
Perpetual Debt Slavery
Some economic experts conclude the great global wealth divide is a cultural issue. Several nations – England, the United States and the Netherlands, for example – adopted early on just the right cultural combination of free markets and light regulation and taxation. Essentially, they were pro-business from the beginning, and that paid off.
Yet, most people are totally clueless that their money has no value, and that the Central Bank’s banking system, and Governments are totally corrupt. Be aware, we, the people and all the countries together are simply one nation under God, as are equally all other 209 sovereign nations on Earth.
Regrettably, most people have lost their shining light as a beacon of self-esteem. To address this short-coming; every citizen should take note of the following information to understand how and why we the people have been manipulated into perpetual debt slavery.
Money and banks were founded on faulty public sentiment. Money should be a symbol of value; the same way a little stone or carved piece of wood is a symbol of God. But, in the modern world, money is a commodity, like beer and cheese.
There are many different kinds of money in exactly the same way as there are many brands of beer and cheese, and they all present their own national characters and peculiarities.
However, there is a profound difference between money which has a value in-and-of-itself, such as a gold coin that has intrinsic value, which is not the case with legal tender currencies, bonds, notes and letters of credit. Additionally, there is another market on this same basis, in securities, like stocks and commodity futures.
15 Quotes From Successful Investors That Will Change Your Life
15 Quotes From Successful Investors That Will Change Your Life
From Pocket Sense By Natalie Saar
It takes a wise person to make millions and billions of dollars from investments, so why not partake in some of that wisdom? From Berkshire Hathaway CEO Warren Buffett to historically notable inventor and investor Benjamin Franklin, here are some words to live by some some of the wisest people in the history of investing, and not just when it comes to money.
1. Don't Lose Money
“Rule number one: Don’t lose money. Rule number two: Don’t forget rule number one.” – Warren Buffett
This seems pretty straightforward, but it’s incredible to think about how often in our lives we lose money because of one reason or another. Las Vegas has made billions of dollars off of people prepared to lose money without a real hope of making it back. It may not be the golden rule, but it’s certainly one to keep close to the chest.
2. Invest in Knowledge
"An investment in knowledge pays the best interest." – Benjamin Franklin
Whether you're considering investing or switching careers, investing in knowledge will pay dividends in time and money. Consider the five-hour rule – something Oprah, Buffett and Bill Gates all adhere to.
It’s simply spending five hours a week learning something new. If you’re not already doing this, consider adding it to your schedule for the week. There are endless resources online to get yourself on the right track, whether it’s simple YouTube videos, borrowing a book from your local library or subscribing to an educational site like Skillshare or The Great Courses.
“Gold Market Fraudulent, Already in Deep Default"
.“Gold Market Fraudulent, Already in Deep Default, Cannot Deliver 5,900 Tons”
By Greg Hunter’s USAWatchdog.com
“Financial writer and precious metals expert Bill Holter says big delivery demands are flashing a warning sign that something is very wrong in the gold market. Holter explains, “What’s happened so far this year, there have been roughly 5,900 tons of gold sent to London under ‘exchange for physical.’
The world only produces 2,700 tons a year. There is only one official hoard in the world that is more than that, and that is 8,300 tons in the U.S. Treasury. It has not been audited since 1956.
What I am telling you is over 200% of annual production has been sent to London for delivery, and it is an impossibility to deliver. The metal doesn’t exist. Once it gets to London, it is totally shrouded. We see nothing in terms of proof or verification that delivery is being made. It’s being sent to London to die.”
Would You Trust an Online-Only Bank?
.Would You Trust an Online-Only Bank?
Here’s What You Should Know
By Jamie Cattanach Contributor DECEMBER 4, 2019
Choosing a bank account is a big deal. After all, you’re handing the institution what’s most likely the majority of your money for safekeeping. You want to make sure it’s actually safe.
You also need to be able to access that cash for all your day-to-day operations, like paying bills or coughing up for your share of the pizza.
Along with choosing from multiple financial institutions, banking in 2019 and beyond means making another important decision: Will you use of one of the many all-digital, online-only banking options, or will you keep it old school by opening an account at brick-and-mortar facility?
Are Online Banks Safe?
In a recent survey conducted by The Penny Hoarder, more than 50% of respondents said they wouldn’t consider using an online bank, and more than 19% were unsure about using one. Given how much of our lives are conducted online these days, we found that data point surprising.
But on the other hand, we do understand having reservations when it comes to money matters. Walking into a stately, brick-built bank can make it feel less scary to hand over your hard-earned cash.
What a Financial Trainwreck Can Teach Us
.What a Financial Trainwreck Can Teach Us: Six Mistakes to Learn From
By Donna Freedman
A married couple recently confessed to some horrifying money blunders in an interview on the WealthSimple website. In their mid-40s and the parents of three kids, the pseudonymous Kate and Tom bring in $160,000 a year through their day jobs in insurance, with additional funds whenever Tom moonlights as a bartender for private parties.
Yet they have always spent more than they earned, and cannot seem to learn from previous mistakes. A few examples:
After wiping out their credit card balances a decade ago, they charged them back up even higher.
They have postponed paying back Kate’s law-school loans, which are now up to either $120,000 or $140,000 (she isn’t sure – and incidentally, she has never practiced law).
They spend “insane amounts” of money on groceries at places like Whole Foods (where one of their kids likes to snack on $15 sushi).
They bought their son a tux at prom time, because they couldn’t afford the rental fee but hadn’t yet maxed out the Nordstrom card.
Clearly this couple is a financial trainwreck. But they have something to teach us, if we’re willing to listen.
It’s easy to scorn the protagonists as entitled or clueless. You’d never be that foolish. You’d never go into debt, get yourself out, and then go back in. You’d never borrow from family members, or cash in a 401(k), or use a credit card to put your kids in private school.
Maybe you wouldn’t. Or maybe scorning other people’s mistakes keeps you from having to look too hard at your own behaviors.
How Much Money Do You Need to Be Wealthy in America?
.How Much Money Do You Need to Be Wealthy in America?
By Suzanne Woolley May 15, 2018
A few million should do it. But for some, it’s not just about the cash—it’s what you do with it.
Many Americans cite leading a stress-free life and having “peace of mind” as their personal definition of wealth. That doesn’t sound too money-centric on the face of it—until you consider that money, or specifically the lack of it, is a major source of stress.
Americans don’t like to admit that assets can buy happiness—just 11 percent of those surveyed for the second annual Modern Wealth Index from Charles Schwab chose “having lots of money” as their definition of wealth.
But while most respondents selected more high-minded concepts as their keys to contentment, they weren’t afraid to put a number on what they needed to get there.
To be financially comfortable in America today requires an average of $1.4 million, up from $1.2 million a year ago, according to the survey. The net worth needed to be “wealthy”? That’s an average $2.4 million, the same as last year in the online survey of 1,000 Americans between age 21 and 75.
If Money Could Talk
If Money Could Talk
By Greg Habstritt
A Powerful Perspective You’ve Never Heard Before – "If Money Could Talk"
Most people think they know me. They don’t.
I am not what most people think I am. I am not the paper in your wallet, or the coins that jingle in your purse. I am not quietly sitting in your bank account, hoping to be used one day.
You cannot see me, feel me or touch me. I am an idea. I am energy.
I’m neither good nor evil. I am only what you decide that I am, and I fulfill the role that you create for me.
I don’t care how smart you are, where you live, what you do, or where you come from. All I care about is your energy.
Your energy decides what thoughts you have, and therefore your thoughts will determine the relationship you have with me.
I have very simple needs, and simple rules. I am infinite.
The Buying Power of the U.S. Dollar Over the Last Century
.The Buying Power of the U.S. Dollar Over the Last Century
The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.
The value of money is not static. In the short term, it may ebb and flow against other currencies on the market. In the long-term, a currency tends to lose buying power over time through inflation, and as more currency units are created.
Inflation is a result of too much money chasing too few goods – and it is often influenced by government policies, central banks, and other factors. In this short timeline of monetary history in the 20th century, we look at major events, the change in money supply, and the buying power of the U.S. dollar in each decade
How Much Money Means You Don’t Have to Worry?
.How Much Money Means You Don’t Have to Worry?
By Caragh Poh Mar. 11, 2019
Get That Money is an exploration of the many ways we think about our finances — what we earn, what we have, and what we want.
When I was a kid, I somehow became aware that some people could allegedly make $100,000 a year — more than both my parents combined some years, and the closest answer my father would give to my nosy questions about his income.
He always told me to never look down on people who do honest work for little pay, but, concerned I would tell other people, he also refused to tell me how much he made.
The lesson I drew from this has been a very Catholic-influenced do not ever make anyone feel ashamed, but please remember to allow shame to infiltrate your life at all times.
We were not a $100,000 family. I did not come from $100,000 stock. And so, obviously, making $100,000 became my one true path to happiness and feeling quietly better than everyone else. I could own a bigger house, with newer toys, and I could buy clothes that weren’t on sale at Walmart.
I could own every single Backstreet Boys and Brandy CD. CDs were so expensive! CDs were $19.99 each! I would never fight with people I love about money.
Gold Has Outperformed The Stock Market Over The Last Year
.Gold Has Outperformed The Stock Market Over The Last Year
Notes From The Field By Simon Black
December 4, 2019 En route to Saint Lucia
For more than a year, I’ve been strongly encouraging readers to consider buying gold.
In fact, almost exactly one year ago to the day, I wrote that gold was cheap relative to just about every other asset class in the world.
Since then, gold has been one of the best performing investments in the world.
Over the last 12 months, the price of gold is up 21.1%, handily outperforming everything from the S&P 500 index in the US to stock markets in China, Europe, and Canada, plus bonds, real estate, and even major commodities like oil.
Gold has even outpaced the stock prices of many of the world’s most popular tech investments like Netflix, Tesla, Amazon, etc.
(One of the more interesting exceptions has been Bitcoin, which has more than doubled in value over the last 12 months. We’ll talk about that another time.)