Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.
Interpretation
Real estate is a stable investment that remains secure when handled wisely.
This quote emphasizes the idea that real estate is a durable and secure investment that, unlike other assets, cannot be easily lost or stolen. It suggests that by using common sense in the purchasing process, fully paying for the property, and managing it responsibly, investors can ensure the safety and profitability of their investment over time.
In practice
During a financial seminar, one might quote Roosevelt to stress the importance of investing wisely in real estate.
There has been one persistent theme through all Axis propaganda. This theme has been that Americans are admittedly rich, that Americans have considerable industrial power - but that Americans are soft and decadent, that they cannot and will not unite and work and fight. ... Let them tell that to the Marines!
The only limit to our realization of tomorrow will be our doubts of today.
A war of ideas can no more be won without books than a naval war can be won without ships. Books, like ships, have the toughest armor, the longest cruising range, and mount the most powerful guns.
Better the occasional faults of a government that lives in a spirit of charity than the consistent omissions of a government frozen in the ice of its own indifference.
Men are not prisoners of fate, but only prisoners of their own minds.
A world turned into a stereotype, a society converted into a regiment, a life translated into a routine, make it difficult for either art or artists to survive. Crush individuality in society and you crush art as well. Nourish the conditions of a free life and you nourish the arts, too.
I never had a plan. I have to say, I'm very shocked when people start a company and say, 'In five years I want to launch a perfume, or in 10 years I want to have this.' How can you know?
Luck tends to come to people who are prepared.
Wealth, like happiness, is never attained when sought after directly. It comes as a by-product of providing a useful service.
It occurs to me that, after the huge output of writing I've produced over the years, there is a close link between my twin careers as investment executive and financial writer: The power of the word and the power of the book have played a major role in turning my vision... into reality.
So many financial dreams are thwarted by the failure to act upon good intentions.
Start with a growing market. Swim in a stream that becomes a river and ultimately an ocean. Be a leader in that market, not a follower, and constantly build the best products possible.
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