Mark Grimaldi Quotes
Simple Inspirational Quotes
Inspirations for Business and Life
Mark Grimaldi Quotes
"We can't change what has happened in the past, but we can learn from our mistakes in order to hopefully avoid making similar ones in the future." ~ Mark Grimaldi
"[In 2000 - 2006] As demand for mortgages increased, lenders began offering two new products - subprime mortgages, which were made to individuals with questionable credit histories, and Alt=A mortgages, which were made to individuals without documented income - many of which had adjustable interest rates." ~ Mark Grimaldi
"Don't invest in target-date funds. Ever. It just doesn't make sense. Putting every one of the same age into the same asset allocation defeats the entire purpose of financial planning, which is supposed to construct a portfolio appropriate to an individual investor's investment goals and risk tolerance, and change it over time based on changes in that an individual investor's circumstances." ~ Mark Grimaldi
"I do not believe the collapsing school system in the United States can be changed from internal or external pressures. Those pressures have not had an effect over the past 50 years, nor will they in the future. The way to improve K-12 education for your children is to step away from it. Step away and develop a private school or a home schooling group that can teach the fundamentals and create graduates who have a better chance to compete with highly skilled international students." ~ Mark Grimaldi
"The government encourages spending patterns that contribute to the American economy and for you to enjoy a higher standard of living of a while. Although these purchases may raise a person's standard of living, they do not contribute to an individual wealth." ~ Mark Grimaldi
"It is possible to appear rich and not be wealthy as easily as it is to appear poor and be wealthy or appear poor and be poor. The accumulation of wealth allows one to be wealthy, not the spending every dollar in their paycheck." ~ Mark Grimaldi
"In order to stay in America's middle class, it is necessary to have enough money to be more than self-sustaining." ~ Mark Grimaldi “The Money Compass”
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"Investment in education is similar to an investment in stocks. With the right choices, a gain is earned. Future riches can arise from those choices. Yet today's N-12 educational system takes more away from families than would a stock market crash. For a family's future generations, it reduces their ability to earn a living and shrinks their levels of success while, at the same time, keeping them in the dark as to why this is occurring. Unlike an investment loss on a stock, losses created by a collapsing educational system create a spiraling generational loss that cannot be rectified." ~ Mark Grimaldi