Nuggets of Investing Wisdom
Get inspired with these words of wisdom as your go about your investment journey.
1. "An investment in knowledge pays the best interest." - Benjamin Franklin
2. “"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." - Jim Rogers
3. “In investing, what is comfortable is rarely profitable." - Robert Arnott
4. “"Invest in yourself. Your career is the engine of your wealth." - Paul Clitheroe
5. “"The individual investor should act consistently as an investor and not as a speculator." - Ben Graham
6. “Know what you own, and know why you own it." - Peter Lynch
7. “Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this." - Dave Ramsey
8. "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson
9. "I would not pre-pay. I would invest instead and let the investments cover it." - Dave Ramsey
10. "The four most dangerous words in investing are: 'this time it's different." - Sir John Templeton
11. "Wide diversification is only required when investors do not understand what they are doing." - Warren Buffett
12. "You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets." - Peter Lynch
13. “In the long run, it’s not just how much money you make that will determine your future prosperity. It’s how much of that money you put to work by saving it and investing it.” Peter Lynch
14. “Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.” Peter Lynch
15. “If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.” Warren Buffett
16. “Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.” Warren Buffett
17. “We don’t have to be smarter than the rest. We have to be more disciplined than the rest.” Warren Buffett
18. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” Warren Buffett
19. “Risk comes from not knowing what you’re doing.” Warren Buffett
20. “In the short run, the market is a voting machine, but in the long run it is a weighing machine.” Benjamin Graham
Source:
http://www.dividend.com/dividend-education/41-inspiring-and-intelligent-investing-quotes/
http://www.investopedia.com/financial-edge/0511/the-top-17-investing-quotes-of-all-time.aspx