I will follow my logic, no matter where it goes, after it has consulted with my heart. If you ever come to a conclusion without calling the heart in, you will come to a bad conclusion.
Robert Green IngersollRead
A mortgage casts a shadow on the sunniest field.
Interpretation
A mortgage can hinder one's financial freedom and happiness, overshadowing even the best circumstances.
This quote by Robert Green Ingersoll suggests that financial burdens, such as a mortgage, can severely impact one's overall quality of life. Even in situations that seem bright and promising, like a sunny field, the weight of debt can create a shadow, leading to stress and limiting the enjoyment of those otherwise favorable conditions.
In practice
In a financial seminar discussing the impact of debt on personal happiness.
I will follow my logic, no matter where it goes, after it has consulted with my heart. If you ever come to a conclusion without calling the heart in, you will come to a bad conclusion.
If the guardians of society, the protectors of 'young persons,' could have had their way, we should have known nothing of Byron or Shelley. The voices that thrill the world would now be silent.
The religion that has to be supported by law is without value, not only, but a fraud and a curse. The religious argument that has to be supported by a musket is hardly worth making.
There is no slavery but ignorance.
In all ages the people have honored those who dishonored them. They have worshiped their destroyers; they have canonized the most gigantic liars, and buried the great thieves in marble and gold. Under the loftiest monuments sleeps the dust of murder.
I believe that there is something far nobler than loyalty to any particular man. Loyalty to the truth as we perceive it - loyalty to our duty as we know it - loyalty to the ideals of our brain and heart - is, to my mind, far greater and far nobler than loyalty to the life of any particular man or God. . . .
Your most expensive advice is the free advice you receive from your financially struggling friends and relatives.
I am more and more impressed with the possibilities of history's repeating itself on many different counts. You don't get very far in Wall Street with the simple, convenient conclusion that a given level of prices is not too high.
The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.
There are two main drivers of asset class returns - inflation and growth.
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
If you wait to see how much money you have left at the end of the month to put toward savings, the answer may be zero. So, set up an automated monthly transfer from your checking to savings account. Once you lock into that commitment, you'll be forced to scale back spending to make ends meet.
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