Wit and Wisdom on Money, Wall Street and Success

The key to successful investing just like life itself it to have a thorough understanding of RISK and REWARD. The Amateurs
think this means UP is Good and DOWN is BAD. People have very strange ideas about Success and Money. Focus your attention on Understanding RISK and it will all become clear.

Here are a few more of my favorite quotes on Wisdom, Money and Risk. Enjoy!

1) Why not invest your assets in the companies you really like? As Mae West said, “Too much of a good thing can be wonderful”
-Warren Buffett

2) Wall Street people learn nothing and forget everything.
-Benjamin Graham

3) Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble… to give way to hope, fear and greed.
-Benjamin Graham

4) “Investment and speculation are said to be two different things, and the prudent man is advised to engage in one and avoid the other. This is something like explaining to to the troubled adolescent that Love and Passion are two different things. He perceives that they are different, but they don’t
seem quite different enough to clear up his problems.”
-Fred Schwed, Jr., Where are The Customers’ Yachts

5) “If you don’t know who you are the stock market is an expensive place to find out.”
-George Goodman

6) “A loss never bothers me after I take it. I forget it overnight. But being wrong, not taking the loss,
that is what does damage to the pocketbook and to the soul.”
-Jesse Livermore

7) “The stock doesn’t know you own it.”
-Adam Smith, The Money Game

8) “I’d give $1000 to be a millionaire.” – Lewis Timberlake

9) “No I’m in real trouble. First, my laundry called and said they lost my shirt and then my broker said the same thing.”
-Leopold Fechtner

10) Money is a good servant but a bad master.
-Sir Francis Bacon

11) “Failure is Success if we learn from it.”
– Malcolm S. Forbes

12) “Success is not final, failure is not fatal: it is the courage to continue that counts.”
-Winston Churchill

13) “There are two questions you must answer to achieve wealth. What is the worst thing that ever happened to you in the markets? OK. Now what did you learn from it? You’ll find most people will talk endlessly about the first topic. However, the silence on the second question will make you think you’ve lost your hearing!”

Merchant Accounts – How to Save Money

Merchant Accounts

Your business is successful, but now your ready to take it to the next level and begin accepting credit card transactions, or you have already taken this step but your feeling that your merchant account provider has high fees and your not sure what to do, or what other providers are out there?

You can save hundred’s even thousand’s of dollars per year by switching over to a new merchant. How is this so?

Just in transaction fees alone if one provider is charging you 35 cents per transaction and another Merchant account provider charges 25 cents you are already saving 10 cents per transaction.

If you process over 1000 transactions per month thats already $100 per month savings and over one year this amounts to $1,200.

Merchant Accounts can make or break your business, whether it is online, retail, phone, mail, or wireless. Every Merchant Account provider has fees that can affect your business in different ways.

We have compared the best merchant account providers currently in the business and we have detailed their fees so you know exactly how much you will be charged.

Local Real Estate Agents May Provide More Relevant Homes For Sale Data Than National Sites

Marietta, GA, (November 3, 2004) – According to the National Association of Realtors, 70% of all home buyers search the internet for home listings at some point. While most people choose national sites such as Realtor.com to view listings on the internet, many of these people may not realize that it can take several days for new listings to appear. Additionally, once the home is under contract or sold, it may take several more days before the listing is actually removed. This often leads to a sense of frustration for home buyers.

Many local real estate agents solve this problem by pulling information on homes for sale directly from their Multiple Listing Services (MLS) and updating the homes for sale data on a daily basis. Sanford Rosser of Heritage Real Estate Brokers in Marietta Georgia says, “Saavy home hunters know the best homes are often sold quickly – sometimes within 24 hours of hitting the market. We recognize the importance of updating our site daily and showing every home for sale from all brokers, not just ours. As a result, we have noticed that a few of our clients have been able to beat other buyers to new listings and often save money by acting quickly and avoiding those awful bidding wars.”

Typical internet home shoppers want to see properties that they can buy today while not wasting time looking at homes that have already sold or giving out personal information. Rosser added, “The ability to find homes for sale on the internet has placed more demands on local real estate professionals to provide consumers with accurate and relevant information. In addition, people are increasingly hesitant to give out their name, address, e-mail, or phone number just to see what’s on the market right now. By offering a less personally intrusive, more relevant, and more comprehensive home search capability using their web presence, local agents can make the home buying process less frustrating for their clients.”