Everyone said, 'You can't lose money in real estate, because they're not making any more of it. ' … - Jane Bryant Quinn - Quotesmemo.com

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One day in God's grace is equivalent to a thousand days of striving by your own efforts.

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Jane Bryant Quinn

Everyone said, 'You can't lose money in real estate, because they're not making any more of it. ' Hmmmm. Where did everyone go wrong?

Estates, Everyone, Hmmmm, Real, Said

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The shortest period of time lies between the minute you put some money away for a rainy day and the unexpected arrival of rain.

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Quinn's First Law of Investing is never to buy anything whose price you can't follow in the newspapers. An investment without a public marketplace attracts the fabulists the way picnics attract ants. Stock brokers and financial planners can tell you anything they want, because no one really knows what's true. The First Corollary to Quinn's First Law states that, even when the price is in the newspapers, you shouldn't buy anything too complex to explain to the average 12-year-old.

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Lawyers are operators of the toll bridge across which anyone in search of justice has to pass.

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Financial planners who take commissions have a built-in conflict of interest. . . even with disclosure, my choice would be a Fee-Only planner.

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The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.

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