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.
There is only one way to make a great deal of money; and that is in a business of your own.
The probability of success is difficult to estimate; but if we never search the chance of success is zero.
I know it's a rare privilege, but if one can really tackle something in adult life that means that much to you, then it's more rewarding than anything I can imagine.
Failure isn't fatal, and success isn't final.
I'm not a celebrity. I'm just the same Simone. I just have two Olympic Gold medals now.
A lot of times I'll see guys who are nowhere near the level of the board they're riding. They might love surfing and love how it looks, but you really have to work your way up. It takes eating a little humble pie at first, and stepping back to equipment that might be a bit slow, but do it.
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