Personal Finance for Dummies Quotes

“You choose income stocks primarily because you want or need income now. As a secondary point, income stocks have the potential for steady, long-term appreciation.”
― Eric Tyson, Investing All-in-One for Dummies

“Satisfaction isn’t so much getting what you want as wanting what you have. There are two ways to be rich: One is to have great wealth; the other is to have few wants.”
― Eric Tyson, Personal Finance For Dummies

“It’s very well to be thrifty, but don’t amass a hoard of regrets.”
― Eric Tyson, Personal Finance For Dummies

“To determine the price-earnings ratio of a particular company’s stock, you take the price per share of the company’s stock and divide it by the company’s earnings per share.”
― Eric Tyson, Investing For Dummies

“In you don't continually invest in your education, you risk losing your competitive edge.”
― Eric Tyson, Investing in Your 20s & 30s For Dummies

“To achieve typical longer-term financial goals, such as retiring, the money that you save and invest generally needs to grow at a rate much faster than the rate of inflation.”
― Eric Tyson, Investing in Your 20s & 30s For Dummies

“If you fully convert your home to rental property and use it that way for years before selling it, after you do sell you can either take advantage of the lower long-term capital gains rates or do a tax deferred exchange. For tax purposes, you get to deduct depreciation and all of the write-offs during the ownership and you can shelter up to $25,000 in income from active sources subject to income eligibility requirements. (Please”
― Eric Tyson, Real Estate Investing For Dummies

“Wondering what the best ways are to invest globally?”
― Eric Tyson, Investing For Dummies

“Some people argue that teaching children financial basics is the parents’ job. However, this well-meant sentiment is what we’re relying on now, and for all too many, it isn’t working. In some families, financial illiteracy is passed on from generation to generation. Education takes place in the home, on the streets, and in the schools. Therefore, schools must bear some responsibility for teaching this skill. However, if you’re raising children, remember that no one cares as much as you do or has as much ability to teach the important life skill of personal money management.”
― Eric Tyson, Personal Finance For Dummies

“annual increases in your rent is 4 percent per year.”
― Eric Tyson, Home Buying for Dummies

“your money. Don't expect your inspections to eliminate all future”
― Eric Tyson, Home Buying for Dummies

“Collectibles have little intrinsic value and are thus subject to the whims and speculations of buyers and sellers.”
― Eric Tyson, Investing For Dummies