Wealth and Poverty are State of Mind

Everyone understands wealth and poverty in his own way due to his upbringing, open-mindedness and way of thinking. These two extremes are on both sides from the golden mean and seem differ only in positive and negative signs in all concepts and definitions.And indeed, wealth and poverty are a state of mind, not a purse, and this change in thinking must happen before anything else happens.The following quotes on wealth are meant to help you think positively about investing, trading, and money management.One investor’s two rules of investing: 1. Never Lose Money 2. Never forget rule No. 1.”

~Warren Buffett: American InvestorA feast is made for laughter, and wine maketh merry; but money answereth all things.”

~ Ecclesiastes 10:19Money is the guarantee that we may have what we want in the future. Though we need nothing at the moment, it insures the possibility of satisfying a new desire when it arises.”

~ AristotleMore people should learn to tell their dollars where to go instead of asking them where they went.”

~ Roger Bacon: English philosopher and Franciscan friarNever stand begging for that which you have the power to earn.”

~ Miguel De Cervantes Saavedra: Spanish novelist, poet, and playwright (Don Quixote)Money is a terrible master, but an excellent servant.”

~ P.T. Barnum: Founder of Ringling Bros. and Barnum & Bailey CircusIncreased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster (ed. inflation rises).”

~ Bernard M. Baruch: American financier, stock-market speculator, statesman, and political consultantA bank is a place that will lend you money if you can prove that you don’t need it.”

~ Bob Hope: American comedian and actorIt is a common observation that any fool can get money; but they are not wise that think so.”

~ Charles Caleb Colton: English cleric, writer and collectorWhen a man says money can do anything, that settles it: he hasn’t got any.

~ George Bernard Shaw