Famous investment quotes
Here is our top selection of financial and investment quotes.
“Time is more valuable than money. You can get more money, but you cannot get more time.”
Investments can make you money, but they also take time and it is all about balancing the two together. Dedicating too much of your time to track the stock market is not always worth your time itself. Do not disregard other aspects of your life that is also equally important such as taking time to care of yourself. Remember that financial health is only possible if your mental, physical and social health are not compromised. You can also harness the power of technology to save time.
“Risk comes from not knowing what you are doing.”
Don’t gamble when you are investing – what are the risks, potential best and worst case scenarios that your investment could end up to? Equip yourself with all available information to support your plans and mitigate the risks. Find more details on key quantitative and qualitative research on our fundamental analysis and growth investing blogs.
“An investment in knowledge pays the best interest.”
Educating yourself about investment is a great investment itself. A good foundation will familiarise you with fundamental ideas and steps towards successful investment strategies. There are abundant resources that can provide you a wide range of topics to learn about investment. We have provided a list of investment resources that you can explore here.
“The biggest risk of all is not taking one.”
Taking risks is a part of learning and growing as an investor. It helps you to adjust strategies to be able to perform better and to develop. Taking justified uncomfortable risks is a part of learning process and opens you to new opportunities.
“Wide diversification is only required when investors do not understand what they are doing.”
Too much diversification might cap your potential gains from assets that are performing well. If your investments are spread out too thinly, it could help you to mitigate the risk of crashes but it also comes with high maintenance time needed as well as very average potential gains.
“Invest for the long haul. Don’t get too greedy and don’t get too scared.”
Shelby M.C. Davis
It is all about your vision. You must be confident to take the risks and learn from mistakes as you go along investing for the long-term. There will be bullish or bearish trends affecting your view on assets but short term temptations should be kept in check by the long term vision.
“Your success in investing will depend in part on your character and guts and in part on your ability to realize, at the height of ebullience and the depth of despair alike, that this too, shall pass.”
Resilience is an important trait as an investor. Investing starts with confidence and determination to succeed, but along the way, there will be unforeseen circumstances causing heavy loses to your portfolio. Learn to develop healthy coping mechanisms because notorious volatility of the financial markets is not for the faint hearted.
“Buy not on optimism, but on arithmetic.”
Investing in the stock market is not just a gut feeling. Do sufficient research about the assets you want to buy. Find more details about key quantitative and qualitative research on fundamental analysis and growth investing blogs.
“In many ways, the stock market is like the weather in that if you don’t like the current conditions all you have to do is wait a while.”
Do not buy or sell on impulse or because of any spike or dip in prices or if there is a new or popular asset gracing all headlines. Perform your due diligence and figure out what’s driving the shift in an assets’ price so that you can get a better picture of how it could perform in the short and long-term.
“Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.”
Investments do have a luck element but investing success is not about being lucky. Assets are backed by actual financial data and the price is driven by current political, economic, or social climate. Worth remembering that by buying an investment, you are buying the business(es) behind it.
“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
The best time to buy or sell an asset is whenever you are equipped with the right knowledge to make this decision. Nobody can really be certain when exactly is the market going to get bullish or bearish. Rather than speculating, make an informed choice which you can stand by.
“Teach your children about credit, tax and investing. Be extremely truthful about how they all work”
Credit, tax and investing aren’t particularly taught thoroughly as major subjects in basic education. As parents, it is important to be careful but also tactful about this subject to your children. After all, they too, are going to be adults and will one day have to make financial decisions independently. Equip them with the right resources such as the fundamentals so that they are ready and not afraid to adapt to these financial concepts as they grow up. For example, you can give a simple, real-life experience that you have encountered in taking credit, paying tax or buy assets.
“Take measured risk.”
Doris P. Meister
Not all risks are manageable, and it is important to discern which risks are better avoided than taken. This is akin to the saying about choosing your own battles. It is important to simulate scenarios leading to different outcomes and options how you are going to deal with risks before taking them. Do not walk blindly into an unknown investment. If a certain asset is giving you abundant red flags, you probably should steer away for some time and re-evaluate later accordingly.
“Experience is what you get when you didn’t get what you wanted.”
Learning by doing is one of the most famous theoretical foundations of education. Your investment experience, be it gaining wins or loses, is still something crucial you acquire and apply as you move on in growing and building your portfolio. This strengthens your strategies and allow you not repeat the same investing mistakes going forward.
“Money looks better in the bank than on your feet”
Certain behaviours can help shape your strategies towards achieving your financial goals. Being frugal with your finances is one of them. You can always find ways to be practical on some services or purchases. It does not necessarily mean that you should restrict yourself all the time, but it’s all about smart saving and budgeting that is aligned with your lifestyle and investment strategies.
“Budgeting your money is the key to having enough”
Budgeting assists you in keeping track of your financial situation and how it can affect your decisions moving forward with your short and long-term investment goals and objectives. Effective budgeting reassures you that you have financial capability to cover your needs or work out any debts you may have.
“The first business asset you should invest in is yourself.”
Self-care is your best investment. Personal development, growing, and health are all crucial parts of your journey to financial success. Stress could often lead to a series of poor choices. You can make better decisions and rationalise your options carefully when you are thinking clearly and on the right mindset.
“Creating wealth comes down to discipline.”
Financial discipline is key to creating and building your wealth. This means that you can control your spending habits according to your financial capabilities, savings, debt and goals. It is about being realistic about your financial situation and efficiently managing your finances accordingly without overspending.
“The most difficult thing is the decision to act, the rest is merely tenacity.”
Indeed. It is very easy to convince ourselves that we can implement certain plans, and easy to create things-to-do lists but acting on them is a different story. When we realise the amount of time, effort and money that needed to be poured onto investing, including research and monitoring of assets on a regular basis, committing to these practices could be challenging. It is important to be realistic about the pathway you would like to take to achieve your investment goals, especially the long-term ones.
“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality is distorted by a misconception.”
The stock market represents companies or corporations and their accompanying financial data and reports. Unlike what some people might think, trading in the stock market is not the same as gambling. It is a public venue for individuals or groups to buy or sell stocks. Asset prices are always affected by backing financial reports, news, political and economic climate, segment specifics, etc., so it is important to do appropriate and timely research about assets that you want to buy, keep or sell.