Real Estate As The Instrument of Investment
In real estate, investment money is used to purchase property for the purpose of holding, reselling or leasing for income and there is an element of capital risk.
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Famous quotes containing the words real, estate, instrument and/or investment:
“Society is a masked ball, where every one hides his real character, and reveals it by hiding.”
—Ralph Waldo Emerson (1803–1882)
“Never let the estate decrease in your hands. It is only by such resolutions as that that English noblemen and English gentlemen can preserve their country. I cannot bear to see property changing hands.”
—Anthony Trollope (1815–1882)
“In going where you have to go, and doing what you have to do, and seeing what you have to see, you dull and blunt the instrument you write with. But I would rather have it bent and dulled and know I had to put it on the grindstone again and hammer it into shape and put a whetstone to it, and know that I had something to write about, than to have it bright and shining and nothing to say, or smooth and well oiled in the closet, but unused.”
—Ernest Hemingway (1899–1961)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)