Ric Edelman Quotes

There are two times in a man’s life when he should not speculate: when he can’t afford it, and when he can.” —Mark Twain

Singularity University

Let’s return to our Excel spreadsheet. Imagine entering data about yourself in cell A1. In cell B1 you’ll find the deed to your house, and in cell C1 is information about the buyer. Each cell is a block. Within each block is data. And the three blocks are linked together in a chain. A blockchain.I

We’re already replacing an astonishingly long list of body parts: not just teeth, knees and hips but kidneys, livers, hearts and lungs—and of course, genes themselves

In fact, there are now more women over 75 living alone than with relatives.

The lesson: Be aware of the incredible power of social media and the dangers of reacting to news that you haven’t verified.

Morningstar Exponential Technologies Index. BlackRock promptly licensed the index and in March 2015 launched the iShares Exponential Technologies ETF (ticker symbol: XT) based on it.

There’s only one problem with market timing: It doesn’t work.

It has been said that limited partnerships consist of investors who have the money and the general partner who has the experience. Later, the general partner has the money and investors have the experience.

Do not handicap your children by making their lives easy.” —Lazarus Long

According to the Tax Foundation, Tax Freedom Day is April 19, meaning that every dollar you earn for the first four months of the year goes to taxes. Put another way, you work nearly three hours of each workday just to pay taxes.

you’ve got to earn more than the current combined rate of inflation and taxes in order for your money to grow in real terms.

So, simply divide whatever number you have— either the interest rate or the time —into the number 72, and the answer will be the number you need. If you divide the interest rate into 72, you’ll get the time. If you divide the time into 72, you’ll get the interest rate.

Your biggest enemy, as I can attest from having worked with thousands of people just like you, is yourself. Without question, procrastination is the most common cause of financial failure.