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The best dividends on the labor invested have invariably come from seeking more knowledge rather than more power.” Signed Wilbur and Orville Wright, March 12, 1906.
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David McCullough (The Wright Brothers)
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Just as life has no quick fix; transformation lacks a flick-switch approach as well. Investing in a better version of yourself will take time but pay you rich dividends as well.
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Kelly Markey (Don't Just Fly, SOAR: The Inspiration and tools you need to rise above adversity and create a life by design)
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I mean … we’d just passed our one-year dating anniversary. I figured I was a sort of long-term investment for her. She hoped I would pay dividends eventually; if I died now, she would’ve put up with all my annoying qualities for nothing.
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Rick Riordan (The Crown of Ptolemy (Demigods & Magicians, #3))
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I view investing as a method of purchasing assets to gain profit in the form of reasonably predictable income (dividends, interest, or rentals) and /or appreciation over the long term.
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Burton G. Malkiel (A Random Walk Down Wall Street)
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You will invest in something as you live your life, so make sure it is something that will pay dividends you will enjoy.
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Joyce Meyer (Living Beyond Your Feelings: Controlling Emotions So They Don't Control You)
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An investment in self-development pays the highest dividends.
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Debasish Mridha
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Many people object to “wasting money in space” yet have no idea how much is actually spent on space exploration. The CSA’s budget, for instance, is less than the amount Canadians spend on Halloween candy every year, and most of it goes toward things like developing telecommunications satellites and radar systems to provide data for weather and air quality forecasts, environmental monitoring and climate change studies. Similarly, NASA’s budget is not spent in space but right here on Earth, where it’s invested in American businesses and universities, and where it also pays dividends, creating new jobs, new technologies and even whole new industries.
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Chris Hadfield (An Astronaut's Guide to Life on Earth)
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She grinned, a silty grin. 'You were my two dividends, yes? Don't you forget that.'
Then she sighed, took a deep breath, and said, 'But what an investment. My life.
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Jerry Pinto (Em and The Big Hoom)
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Performance of management should be measured by potential to stay in business, to protect investment, to ensure future dividends and jobs through improvement of product and service for the future, not by the quarterly dividend.
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W. Edwards Deming (The Essential Demming (PB): Leadership Principles from the Father of Quality)
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Invest in love to earn dividends of happiness.
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Debasish Mridha
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The true investor . . . will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.
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John C. Bogle (The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits 21))
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I believe that higher wages to men who respect their employers and are happy and contented are a good investment, yielding, indeed, big dividends. The
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Andrew Carnegie (The Autobiography of Andrew Carnegie and The Gospel of Wealth (Signet Classics))
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Be willing for purpose; it pays huge returns on investment. And along the journey, those who dis your willing sacrifice(s) will ponder their own foolishness.
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T.F. Hodge (From Within I Rise: Spiritual Triumph over Death and Conscious Encounters With the Divine Presence)
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Hope, once invested in, always pays dividends.
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Tony Travis (Generational Space (The Generational Space Trilogy #1))
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At Mayflower-Plymouth, we believe that nature has a multitude of lessons to learn about capital. We also believe that to invest wisely for the long term, one must truly and deeply understand business.
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Hendrith Vanlon Smith Jr. (Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing)
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I have found that there is romance in housework: and charm in it; and whimsy and humor without end. I have found that the housewife works hard, of course–but likes it. Most people who amount to anything do work hard, at whatever their job happens to be. The housewife’s job is home-making, and she is, in fact, ‘making the best of it’; making the best of it by bringing patience and loving care to her work; sympathy and understanding to her family; making the best of it by seeing all the fun in the day’s incidents and human relationships.
The housewife realizes that home-making is an investment in happiness. It pays everyone enormous dividends. There are huge compensations for the actual labor involved…
There are unhappy housewives, of course. But there are unhappy stenographers and editresses and concert singers. The housewife whose songs I sing as I go about my work, is the one who likes her job (pp. 6-7).
From Songs of a Housewife: Poems by Marjorie Kinnan Rawlings
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Marjorie Kinnan Rawlings
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Columbus, desperate to pay back dividends to those who had invested, had to make good his promise to fill the ships with gold. In the province of Cicao on Haiti, where he and his men imagined huge gold fields to exist, they ordered all persons fourteen years or older to collect a certain quantity of gold every three months. When they brought it, they were given copper tokens to hang around their necks. Indians found without a copper token had their hands cut off and bled to death. The Indians had been given an impossible task. The only gold around was bits of dust garnered from the streams. So they fled, were hunted down with dogs, and were killed.
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Howard Zinn (A People's History of the United States: 1492 to Present)
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The concept of ‘spending’ is problematic. When we are functioning with intention and wisdom, the only thing we really do with money is invest. There are small investments, and big investments. There are good investments and bad investments…The ROI we get for some investments is a product or service - the groceries in exchange for money, or the the car wash in exchange for money. And the ROI we get for other investments may be additional money in the form of interest or dividends, while the ROI in other cases is just a sense of fulfillment after maybe giving to charity or buying a gift for your spouse, or paying for your kids tuition, or creating art.
When we look at it from this perspective, we get rid of the expectation that sending money out is a loss, and we replace it with an expectation that sending money out will always result in an ROI of some kind. Everything is an investment when we act with intention and wisdom.
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Hendrith Vanlon Smith Jr.
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Wisdom is really the key to wealth. With great wisdom, comes great wealth and success. Rather than pursuing wealth, pursue wisdom. The aggressive pursuit of wealth can lead to disappointment.
Wisdom is defined as the quality of having experience, and being able to discern or judge what is true, right, or lasting. Wisdom is basically the practical application of knowledge.
Rich people have small TVs and big libraries, and poor people have small libraries and big TVs.
Become completely focused on one subject and study the subject for a long period of time. Don't skip around from one subject to the next.
The problem is generally not money. Jesus taught that the problem was attachment to possessions and dependence on money rather than dependence on God.
Those who love people, acquire wealth so they can give generously. After all, money feeds, shelters, and clothes people.
They key is to work extremely hard for a short period of time (1-5 years), create abundant wealth, and then make money work hard for you through wise investments that yield a passive income for life.
Don't let the opinions of the average man sway you. Dream, and he thinks you're crazy. Succeed, and he thinks you're lucky. Acquire wealth, and he thinks you're greedy. Pay no attention. He simply doesn't understand.
Failure is success if we learn from it. Continuing failure eventually leads to success. Those who dare to fail miserably can achieve greatly.
Whenever you pursue a goal, it should be with complete focus. This means no interruptions.
Only when one loves his career and is skilled at it can he truly succeed.
Never rush into an investment without prior research and deliberation.
With preferred shares, investors are guaranteed a dividend forever, while common stocks have variable dividends.
Some regions with very low or no income taxes include the following: Nevada, Texas, Wyoming, Delaware, South Dakota, Cyprus, Liechtenstein, Luxembourg, Panama, San Marino, Seychelles, Isle of Man, Channel Islands, Curaçao, Bahamas, British Virgin Islands, Brunei, Monaco, Qatar, United Arab Emirates, Saudi Arabia, Bahrain, Bermuda, Kuwait, Oman, Andorra, Cayman Islands, Belize, Vanuatu, and Campione d'Italia.
There is only one God who is infinite and supreme above all things. Do not replace that infinite one with finite idols. As frustrated as you may feel due to your life circumstances, do not vent it by cursing God or unnecessarily uttering his name.
Greed leads to poverty. Greed inclines people to act impulsively in hopes of gaining more.
The benefit of giving to the poor is so great that a beggar is actually doing the giver a favor by allowing the person to give. The more I give away, the more that comes back.
Earn as much as you can. Save as much as you can. Invest as much as you can. Give as much as you can.
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H.W. Charles (The Money Code: Become a Millionaire With the Ancient Jewish Code)
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Love is the only investment that gives dividends without failure.
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Debasish Mridha
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Things outside are just a projection from the
DVD playing inside you. The time you invest for knowing your inner self will pay dividends outside.
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Shunya
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If love and kindness is life's investment, then joy and happiness will be life's profit and dividend.
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Debasish Mridha
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no investment pays higher dividends than education.
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Hernan Diaz (Trust)
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As a result, studies have found we can reap immediate intellectual and emotional dividends from investing in exercise and sleep, or even from taking a moment to breathe deeply, smile broadly, and stand a little taller. In
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Caroline Webb (How To Have A Good Day: The Essential Toolkit for a Productive Day at Work and Beyond)
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Basically, CEOs have five essential choices for deploying capital—investing in existing operations, acquiring other businesses, issuing dividends, paying down debt, or repurchasing stock—and three alternatives for raising it—tapping internal cash flow, issuing debt, or raising equity. Think of these options collectively as a tool kit. Over the long term, returns for shareholders will be determined largely by the decisions a CEO makes in choosing which tools to use (and which to avoid) among these various options. Stated simply, two companies with identical operating results and different approaches to allocating capital will derive two very different long-term outcomes for shareholders.
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William N. Thorndike Jr. (The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success)
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The best dividends on the labor invested,” they said, “have invariably come from seeking more knowledge rather than more power.
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David McCullough (The Wright Brothers)
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Music had always been one of Hell's most prudent investments, and Tremon took a workmanlike joy in deliving a steady dividend of crushed dreams, bitterness and, above all, souls
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Ryka Aoki (Light from Uncommon Stars)
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When we invest in active listening, the dividend is an expanded capacity for compassion.
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Laurie Buchanan
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Music had always been one of Hell’s most prudent investments, and Tremon took a workmanlike joy in delivering a steady dividend of crushed dreams, bitterness, and, above all, souls.
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Ryka Aoki (Light From Uncommon Stars)
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But wouldn’t people, his clients, realize? When there was no actual money in the account?” “How?” “When they asked for it.” “But people don’t,” she said. “They give it to their investment dealer, and at best they cash in the dividends or take the profits. But the capital remains in the account. Weren’t you ever told by your parents never to touch the capital?” “No. I was told not to touch my brother’s bike.
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Louise Penny (Kingdom of the Blind (Chief Inspector Armand Gamache, #14))
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Reliability investing requires finding companies trading below their inherent worth--stocks with strong fundamentals including earnings, dividends, book value, and cash flow selling at bargain prices give their quality.
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Ini-Amah Lambert (Cracking the Stock Market Code: How to Make Money in Shares)
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More generally, confidence that an investment of labor and resources could claim its reward-whether at harvest time or when dividends were issued years later-has been crucial to the economic efforts which create national prosperity.
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Thomas Sowell (Conquests and Cultures: An International History)
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Knowledge is in some ways the most important (though intangible) capital of a software engineering organization, and sharing of that knowledge is crucial for making an organization resilient and redundant in the face of change. A culture that promotes open and honest knowledge sharing distributes that knowledge efficiently across the organization and allows that organization to scale over time. In most cases, investments into easier knowledge sharing reap manyfold dividends over the life of a company.
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Titus Winters (Software Engineering at Google: Lessons Learned from Programming Over Time)
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Truth telling is an investment we must make in relationships—whether personal or professional. It takes a lot of time and thought, and sometimes, courage. However, there is probably not another investment of time that pays a greater dividend when done well.
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Dee Ann Turner (It's My Pleasure: The Impact of Extraordinary Talent and a Compelling Culture)
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SHAREHOLDERS’ EQUITY has two components: CAPITAL STOCK: The original amount of money the owners contributed as their investment in the stock of the company. RETAINED EARNINGS: All the earnings of the company that have been retained, that is, not paid out as dividends to owners.
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Thomas R. Ittelson (Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports)
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Apple raised $17 billion in a bond offering in 2013. Not to invest in new products or business lines, but to pay a dividend to stockholders. The company is awash with cash, but much of that money is overseas, and there would be a tax charge if it were repatriated to the USA. For many other companies, the tax-favoured status of debt relative to equity encourages financial engineering. Most large multinational companies have corporate and financial structures of mind-blowing complexity. The mechanics of these arrangements, which are mainly directed at tax avoidance or regulatory arbitrage, are understood by only a handful of specialists. Much of the securities issuance undertaken by Goldman Sachs was not ‘helping companies to grow’ but represented financial engineering of the kind undertaken at Apple. What
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John Kay (Other People's Money: The Real Business of Finance)
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A network functions precisely because there’s recognition of mutual need. There’s an implicit understanding that investing time and energy in building personal relationships with the right people will pay dividends. The majority of “one percenters” are in that top stratum because they understand this dynamic—because, in fact, they themselves used the power of their network of contacts and friends to arrive at their present station.
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Keith Ferrazzi (Never Eat Alone: And Other Secrets to Success, One Relationship at a Time)
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In forests – Seeds are planted in the soil (capital) and become trees that shed leaves as they grow. Those shedded leaves become added capital to the soil (dividends/yields). The tree also provides a home for other life forms which return capital to the soil. Upon the death of the tree, it’s entire body becomes capital as it is returned to the soil. In this cycle, every tree is an investment which results in the long term accumulation of soil (capital) over time. As the soil grows, it becomes better able to invest in future trees and host future forests. And the yield of them all collectively becomes greater and greater as the capital accumulates. In fact, everything in a natural ecosystem both is capital and exists in service to capital. This duality of capital in natural ecosystems is why capital in natural ecosystems is able to compound and multiply so well. So when it comes to investing - managing portfolios, we apply this duality of capital perspective and pair it with our stewardship identity, which allows us to grow portfolios and maximize wealth.
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Hendrith Vanlon Smith Jr. (Investing, The Permaculture Way: Mayflower-Plymouth's 12 Principles of Permaculture Investing)
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When we talk about building wealth, we ought to refer to one’s entire net worth, meaning the sum of savings and total assets, minus all debt. If you have $50,000 in your TSP and in other savings accounts, but owe $50,000 on credit cards, a car or two, and student loans, have you really built up any “wealth”? While you have saved up a tidy sum in the TSP and in savings accounts, since you owe so much to creditors, your total net worth in this scenario is actually zero.* Consider also that, instead of receiving interest and dividend payments in the TSP, each of your debts is charging you interest—and in many cases considerable interest.
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W. Lee Radcliffe (TSP Investing Strategies: Building Wealth While Working for Uncle Sam)
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Studies of the effects of education confirm that educated people really are more enlightened. They are less racist, sexist, xenophobic, homophobic, and authoritarian. They place a higher value on imagination, independence, and free speech. They are more likely to vote, volunteer, express political views, and belong to civic associations such as unions, political parties, and religious and community organizations. They are also likelier to trust their fellow citizens, a prime ingredient of the precious elixir called social capital which gives people the confidence to contract, invest, and obey the law without fearing that they are chumps who will be shafted by everyone else. For all these reasons, the growth of education and its first dividend, literacy is a flagship of human progress.
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Steven Pinker (Enlightenment Now: The Case for Reason, Science, Humanism, and Progress)
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I have found it frustrating at times that so few people know what the space program does and, as a result, are unaware that they benefit from it. Many people object to “wasting money in space” yet have no idea how much is actually spent on space exploration. The CSA’s budget, for instance, is less than the amount Canadians spend on Halloween candy every year, and most of it goes toward things like developing telecommunications satellites and radar systems to provide data for weather and air quality forecasts, environmental monitoring and climate change studies. Similarly, NASA’s budget is not spent in space but right here on Earth, where it’s invested in American businesses and universities, and where it also pays dividends, creating new jobs, new technologies and even whole new industries. The
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Chris Hadfield (An Astronaut's Guide to Life on Earth)
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Each one, then, should love his life, even though it be not very attractive, for it is the only life. It is a boon that will never return and that each person should tend and enjoy with care; it is one's capital, large or small, and can not be treated as an investment like those whose dividends are payable through eternity. Life is an annuity; nothing is more certain than that. So that all efforts are to be respected that tend to ameliorate the tenure of this perishable possession which, at the end of every day, has already lost a little of its value. Eternity, the bait by which simple folk are still lured, is not situated beyond life, but in life itself, and is divided among all men, all creatures. Each of us holds but a small portion of it, but that share is so precious that it suffices to enrich the poorest. Let us then take the bitter and the sweet in confidence, and when the fall of the days seems to whirl about us, let us remember that dusk is also dawn.
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Remy de Gourmont (Philosophic Nights in Paris (English and French Edition))
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The current crisis has led to renewed discussions about a universal basic income, whereby all citizens receive an equal regular payment from the government, regardless of whether they work. The idea behind this policy is a good one, but the narrative would be problematic. Since a universal basic income is seen as a handout, it perpetuates the false notion that the private sector is the sole creator, not a co-creator, of wealth in the economy and that the public sector is merely a toll collector, siphoning off profits and distributing them as charity.
A better alternative is a citizen’s dividend. Under this policy, the government takes a percentage of the wealth created with government investments, puts that money in a fund, and then shares the proceeds with the people. The idea is to directly reward citizens with a share of the wealth they have created. Alaska, for example, has distributed oil revenues to residents through an annual dividend from its Permanent Fund since 1982.
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Mariana Mazzucato
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Recognizing how most great fortunes had been built up in predatory ways, through usury, war lending and political insider dealings to grab the Commons and carve out burdensome monopoly privileges led to a popular view of financial magnates, landlords and hereditary ruling elite as parasitic by the 19th century, epitomized by the French anarchist Proudhon’s slogan “Property as theft.” Instead of creating a mutually beneficial symbiosis with the economy of production and consumption, today’s financial parasitism siphons off income needed to invest and grow. Bankers and bondholders desiccate the host economy by extracting revenue to pay interest and dividends. Repaying a loan – amortizing or “killing” it – shrinks the host. Like the word amortization, mortgage (“dead hand” of past claims for payment) contains the root mort, “death.” A financialized economy becomes a mortuary when the host economy becomes a meal for the financial free luncher that takes interest, fees and other charges without contributing to production.
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Michael Hudson (Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy)
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Statisticians say that stocks with healthy dividends slightly outperform the market averages, especially on a risk-adjusted basis. On average, high-yielding stocks have lower price/earnings ratios and skew toward relatively stable industries. Stripping out these factors, generous dividends alone don’t seem to help performance. So, if you need or like income, I’d say go for it. Invest in a company that pays high dividends. Just be sure that you are favoring stocks with low P/Es in stable industries. For good measure, look for earnings in excess of dividends, ample free cash flow, and stable proportions of debt and equity. Also look for companies in which the number of shares outstanding isn’t rising rapidly. To put a finer point on income stocks to skip, reverse those criteria. I wouldn’t buy a stock for its dividend if the payout wasn’t well covered by earnings and free cash flow. Real estate investment trusts, master limited partnerships, and royalty trusts often trade on their yield rather than their asset value. In some of those cases, analysts disagree about the economic meaning of depreciation and depletion—in particular, whether those items are akin to earnings or not. Without looking at the specific situation, I couldn’t judge whether the per share asset base was shrinking over time or whether generally accepted accounting principles accounting was too conservative. If I see a high-yielder with swiftly rising share counts and debt levels, I assume the worst.
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Joel Tillinghast (Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing (Columbia Business School Publishing))
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So much changes when you get an education! You unlearn dangerous superstitions, such as that leaders rule by divine right, or that people who don’t look like you are less than human. You learn that there are other cultures that are as tied to their ways of life as you are to yours, and for no better or worse reason. You learn that charismatic saviors have led their countries to disaster. You learn that your own convictions, no matter how heartfelt or popular, may be mistaken. You learn that there are better and worse ways to live, and that other people and other cultures may know things that you don’t. Not least, you learn that there are ways of resolving conflicts without violence. All these epiphanies militate against knuckling under the rule of an autocrat or joining a crusade to subdue and kill your neighbors. Of course, none of this wisdom is guaranteed, particularly when authorities promulgate their own dogmas, alternative facts, and conspiracy theories—and, in a backhanded compliment to the power of knowledge, stifle the people and ideas that might discredit them. Studies of the effects of education confirm that educated people really are more enlightened. They are less racist, sexist, xenophobic, homophobic, and authoritarian.10 They place a higher value on imagination, independence, and free speech.11 They are more likely to vote, volunteer, express political views, and belong to civic associations such as unions, political parties, and religious and community organizations.12 They are also likelier to trust their fellow citizens—a prime ingredient of the precious elixir called social capital which gives people the confidence to contract, invest, and obey the law without fearing that they are chumps who will be shafted by everyone else.13 For all these reasons, the growth of education—and its first dividend, literacy—is a flagship of human progress.
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Steven Pinker (Enlightenment Now: The Case for Reason, Science, Humanism, and Progress)
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Rule 1: A rational investor should be willing to pay a higher price for a share the larger the growth rate of dividends and earnings.
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Burton G. Malkiel (A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing)
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You need to have investments in the right kinds of companies, where, as dividends increase, stock prices naturally follow. This provides the required growth to
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Brett Owens (How to Retire on Dividends: Earn a Safe 8%, Leave Your Principal Intact)
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The real money in investment will have to be made- as most of it has been in the past- not out of buying and selling but of owning and holding securities, receiving interest and dividends and increases in value. pxvii
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Benjamin Graham (The Intelligent Investor)