A Quote by Elbert Hubbard
To have a full stomach and fixed income are no small things .
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The basic idea of retirement income is, to me, to get a check, two checks every month, one from your fixed income and one from equity account. And you want them to grow over time.
Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities.
To have a full stomach, to daze lazily in the sunshine--such things were remuneration in full for his adors and toils, while his ardors and toils were in themselves self-remunerative. They were expressions of life, and life is always happy when it is expressing itself.
And the air was full of Thoughts and Things to Say. But at times like these, only the Small Things are ever said. Big Things lurk unsaid inside.
I'm much more attracted personally to governments going their full term. It's very hard to have a fixed term election I know with ah... a parliamentary democracy, but I've always had an instinct to say there should be a fixed term.
There's a hidden sweetness in the stomach's emptiness. We are lutes, no more, no less. If the soundbox is stuffed full of anything, no music.... When you're full of food and drink, Satan sits where your spirit should.
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.
Coffee falls into the stomach... ideas begin to move, things remembered arrive at full gallop... the shafts of wit start up like sharp-shooters, similes arise, the paper is covered with ink...
I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?
We spend a remarkably small, shamefully small, percentage of our income on food. We manage to spend money on lots of other things. All up and down the social ladder you find people with plenty of money for cell phones, home entertainment systems, all other forms of entertainment.
You've always got to think about having some fixed income in your portfolio as well as equities.
Class is not a fixed designation in this country. We are an upwardly mobile society with a lot of movement between income groups.
Pay off your mortgage before retirement, and that's one less bill you'll have to worry about when you're on a fixed income.
The basic thing that made Trump popular is that he blamed others for the problems that we have in the United States. We have a problem. Let's face it. The typical income, median income, of a full-time male worker - and the workers who have a full-time job are the lucky ones - is at the same level it was 42 years ago. At the bottom, real wages in the United States are at the same level they were 60 years ago.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.
If you're a full-time manager of your own property - and full-time, according to Congress, is 15 hours a week - you can take unlimited depreciation and use it to offset your income from other areas and pay little in tax. One of the biggest real estate tax lawyers in New York said to me, if you're a major real estate family and you're paying income taxes, you should sue your tax lawyer for malpractice.
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