A Quote by Andrew Carnegie

The wise young man or wage earner of today invests his money in real estate.

Andrew Carnegie

Quote Topics

Earner Estate His Man Money Real Real Estate Today Wage Wise Young Young Man

Quote Author

Andrew Carnegie
Scottish - Businessman
November 25, 1835 - August 11, 1919

Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.

Andrew Carnegie

If a market exists for low-paid work, then we should think about how we can make this type of work more attractive by providing government assistance. Of course, the wage-earner must be able to live off of his wages. We will not allow poverty wages or dumping wages. But the wage earner can receive a combined wage that includes both his actual wages and a government subsidy.

Angela Merkel

Regardless of the gender of the highest wage earner, the balance of power in the relationship will suffer if the higher earner uses control of the purse strings as a system of reward and punishment. It will also suffer if the lower earner takes a chippy, haughty attitude to spending money they haven't actually generated themselves.

Marian Keyes

Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.

Theodore Roosevelt

A Realtor is an old fashioned Real Estate man with a neck tie. A Real Estate man sold you what you wanted, a Realtor sells you what you don't need. A Real Estate man showed you what you could raise on the land, a Realtor tells you what you can build on it.

Will Rogers

What is John Arriaga's circle of competence? Is it real estate? No! Is it U.S. real estate? No! Is it California real estate? No! Northern California real estate? No! Only real estate around Stanford. His circle of competence is this small.

Mohnish Pabrai

Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the rapid expansion of the real estate securitization business. This trend could be regarded as a risk factor, as it exposes the real estate sector to at least three potential problems: first, interest rate hikes; second, revisions to securitization business accounting standards; and third, overheating in the real estate market.

Akira Mori

The business side of real estate investing is fraught with risk. Unlike purchasing mutual funds or savings bonds, with real estate, you can lose money; this is one of the reasons that seasoned real estate investors caution neophytes never to get too emotional about a property and always be willing to walk away.

Fabrizio Moreira

What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S. real estate. We got here by lending money, and putting money to work in the U.S. real estate market, in a size that was probably larger than what we ought to have done on a diversification basis.

Vikram Pandit

I've been buying real estate because it's an asset I can control, that I could finance extremely cheaply if I chose to. I do not choose to; I buy my real estate in cash. I'm not interested in making money on it. I just want to keep my money safe.

Porter Stansberry

Today a minimum wage earner has to work a day and a half just to pay for a full tank of gas. That is simply shameful.

Bill Pascrell

You cannot lift the wage earner by pulling down the wage payer.

William J. H. Boetcker

What the carburetor, sparkplug and self-starter are to an automobile, initiative, private enterprise and executive ability are to industry as a whole, including the wage earner, wage payer, wage spender and wage saver, i.e., the investor. If the sparkplug and self-starter get out of commission, the car will come to a standstill.

William J. H. Boetcker

The malady of civilized man is his knowledge of death. The good artist, like the wise man, addresses himself to life and invests with his private vision the deeds and thoughts of men. The creation of a work of art, like an act of love, is our one small 'yes' at the center of a vast 'no'.