Ninety percent of all millionaires become so through owning real estate.
Interpretation
Owning real estate is a key factor in achieving significant wealth.
This quote by Andrew Carnegie emphasizes the importance of real estate ownership in wealth accumulation. It suggests that a substantial majority of millionaires attribute their financial success to investments in property, highlighting real estate as a powerful avenue for building wealth over time.
In practice
In a financial seminar discussing wealth-building strategies.
Give me the life of the boy whose mother is nurse, seamstress, washerwoman, cook, teacher, angel, and saint, all in one, and whose father is guide, exemplar, and friend. No servants to come between. These are the boys who are born to the best fortune.
To kill a man will be considered as disgusting [in the twentieth century] as we in this day consider it disgusting to eat one.
It is not the rich man's son that the young struggler for advancement has to fear in the race for life, nor his nephew, nor his cousin. Let him look out for the dark horse in the boy who begins by sweeping out the office.
You are what you think. So just think big, believe big, act big, work big, give big, forgive big, laugh big, love big and live big.
Speculation is a parasite feeding upon values, creating none.
Don't be content with doing only your duty. Do more than your duty. It's the horse that finishes a neck ahead that wins the race.
Screen credit is valuable only when it's given you. If you're in a position to give yourself credit, you don't need it.
I've accomplished so many things in basketball. I financially secured my kids' life and their future. I'm just happy. I'm just blessed. So anything that I'm not awarded doesn't matter because I've been rewarded enough in this lifetime.
Each of us, every day, through the jobs we do, are offered a shot at greatness, an opportunity to reach immortality.
I will certainly not join politics. I would like to be remembered as a clean businessman who has not partaken in any twists and turns beneath the surface, and one who has been reasonably successful.
Concentration and mental toughness are the margins of victory.
Achievement is talent plus preparation
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