- Benjamin Franklin -
"A Penny saved is a penny earned."
"A Penny saved is a penny earned."
"Although it’s easy to forget sometimes,a share is not a lottery ticket.. it’s part-ownership of a business…"
An investment in knowledge pays the best interest
An object in motion tends to stay in motion An object at rest tends to stay at rest until acted upon by an outside force.
"As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him"
"Be fearful when others are greedy. Be greedy when others are fearful."
Before any form of investing, financial planning is the key to success."
"Beware of little expenses. A small leak will sink a great ship."
Beware the danger of over-analysing "We've considered every potential risk except the risks of avoiding all risks"
Both Yoga and Investing can't give you quick and easy returns.
Building Wealth is a marathon,not a sprint. Discipline is the key ingredient.
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria...
"Buy into a company Because you want to own it not because you want the Stock to Go up"
"Buy not on optimism, but on arithmetic."
By periodically investing in an index fund the know-nothing investors can actually outperform most Investment Professionals
"Calling someone who trades actively in the market an Investor is like calling someone who engages in one night stands a romantic."
CHARTS ARE GREAT FOR PREDICTING THE PAST
Compounding is the Eighth Wonder of the World. He who understands it, earns it, he who doesn’t, pays it!
Cut back on your rent or cut back on what you spend on food but never worry about investing money in a good book
Derivatives are financial wepons of mass destructions carrying dangers that,while latent now,are potentially lethal.
DIVERSIFY YOUR INVESTMENTS
Do not save what is left after Spending, but spend what is left after saving
Earn as much as you can Save as much as you can Invest as much as you can Give as much as you can
Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.”
"Equities are not to be feared, they are only to be understood."
Everyone has the brainpower to follow the stock market if you made it through 5th-Grade Math,you can do it
"Everyone hates to lose money more than they love to win it."
"Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves."
"Getting Rich is NO LUCK. It is hard work, perseverance, self learning, sacrificing and most of all Investing!"
"Go for a business that any idiot can run-because sooner or later, any idiot probably is going to run it…"
"Annual Income $20, Annual Expenditure $19.6 => Happiness Annual Income $20, Annual Expenditure $20.6 => Misery"
Hold on to a stock only if it will give returns and not become emotionally attached to it
HOW MANY MILLIONAIRES DO YOU KNOW WHO HAVE BECOME WEALTHY BY INVESTING IN SAVINGS ACCOUNTS I REST MY CASE
“I’ve found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won’t get there by reading ‘Now is the time to buy.”
I never try to predict the market
"If a man is proud of his wealth, he should not be praised until it is known how he employs it."
"If investing is entertaining, if you're having fun, you're probably not making any money. Good #investing is boring."
"If it's obvious, it's obviously wrong."
If somebody has decided that they know everything that is there to know nobody can help them
"If we never save money or investwe will always be poor, no matter how much we earn"
"If you're not willing to own a stock for 10 years, do not even think about owning it 10 minutes."
"If you're shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfumes."
If you can enjoy saturdays and sundays without looking at stock prices give it a try on weekdays.
"If you don't study any companies, you have the same success buying stocks as you do in poker if you bet without looking at your cards."
If you don't find a way to make money while you sleep, you will work until you die.
"If you have creditcard debt and are thinking about #investing in anything, STOP. You will never beat 30% annual interest."
If you have more than 120 or 130 I.Q. points, You can afford to give the rest away. You don't need extraordinary intelligence to Succeed as an Investor
…sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or cash deposits.
If you spent more than 13 minutes analyzing economic forecasts, you've wasted 10 minutes
"If you think nobody cares if you're alive, try missing a couple of car payments."
If you want to go fast go alone if you want to go far go together
"In Investing, what is comfortable is rarely profitable"
"In the business world, the rearview mirror is always clearer than the windshield."
"In the long run, it's not how much money you Make that will determine your wealth. It's how much of that money you Invest."
In a short run, market is avoting machine, but in the long run weighing machine
"In the short term, the market is a voting machine, but in the long run it's a weighing machine"
“In theory, theory and practice are the same. In practice, they are not.”
"In this world nothing can be said to be certain, except death and taxes."
"Inflation is taxation without legislation"
"#Inflation is when you pay $15 for $10 haircut you used to get for $5 when you had hair."
INVEST IN AS MUCH OF YOURSELF AS YOU CAN YOU ARE YOUR OWN BIGGEST ASSET BY FAR
invest in yourself or no one else will
Invest in yourself first expect nothing from no one be willing to work for everything
"Invest in yourself. Your career is the engine of your wealth."
Investing is laying out money now to get more money back in the future
INVESTING NEED TO FOLLOW KISS FORMULA (KEEP IT SIMPLE, SWEETHEART!)
"It doesn't matter whether you're right or wrong,but how much you make when you're right & how much you lose when you're wrong."
It takes 20 years to build a Reputation and 5 minutes to ruin it. If you think about that,you"ll do things differently
"It's not how much money you make, but how much #money you keep, how hard it works for you, and for how many generations."
Sacrifice a few years of partying for decades of freedom.
"It's not your salary that makes you rich; it's your spending habits."
"Know what you own, and know why you own it"
Like any musician/ athlete/ artist starts practising early in childhood, Start investing early in equities.
"Listen to your gut, no matter how good something sounds on paper" "You're generally better off sticking with what you know" - Donald Trump
Markets are like women always commanding, mysterious, unpredictable and volatile
"The market is filled with individuals who know the price of everything, but the value of nothing."
"Markets can remain irrational longer than you can remain solvent."
Money brings Happiness, but more importantly Freedom!!
"Money is better than poverty, if only for financial reasons."
"Money is like a sixth sense - and you can't make use of the other five without it."
"Money is like manure. You have to spread it around or it smells."
"Money is not the most important thing in the world. Love is! Fortunately, I love Money."
"Money is the best deodorant."
"Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game."
"More money has been lost trying to anticipate and protect from corrections than actually in them."
NEVER DEPEND ON A SINGLE INCOME MAKE INVESTMENT TO CREATE A SECOND SOURCE
NEVER STOP INVESTING NEVER STOP IMPROVING,NEVER STOP DOING SOMETHING NEW
Next Generation is ALWAYS going to lead a better life than the previous generation
No matter how great the talent or efforts,some things just take time. You can't producea baby in one month by getting nine women pregnant."
October This is one of the peculiary dangerous months to speculate in stocks in.The others are July, January, September, April, November ,May, March, June...
On Earning: “Never depend on single income, Make investment to create a second source.”
ON INVESTING DONOT PUT ALL EGGS IN ONE BASKET
"One of the funny things about the market is that every time one buys, another sells, and both think they are astute."
Our favorite holding period is forever
"Passion buying, buying on (SMS) tips, getting excited at higher levels; these are to be avoided by retail investors. Don't get trapped."
"Past performance success of mutualfunds is rarely the precursor of future success."
People seem more comfortable investing in something about which they are entirely ignorant
"Picking Mutual funds based on past performance is likely to be a futile effort."
Practicing yoga regularly keeps your health on track, while investing systematically keeps your financial health on track.
Practicing yoga regularly keeps your health on track, while investing systematically keeps your wealth on track.
PRICE IS WHAT YOU PAY VALUE IS WHAT YOU GET
REGARDLESS OF HOW YOUNG OR OLD YOU ARE, LEARNING THE BASICS OFANYTHING, ESPECIALLY A GAME IS IMPORTANT
"Rich people have small TVs and big libraries. Poor people have small libraries and big TVs."
RISK COME FROM NOT KNOWING WHAT YOU ARE DOING
"Rome was not built in a day but Hiroshima and Nagasaki were destroyed in a day"
Sacrifice a few years of partying for decades of freedom
"I'll be greedy when others are fearful" is much easier than actually doing it.
"Self Education is the most powerful way to increase your wealth."
"Someone is sitting in a shade today because someone planted a tree a long time ago"
"Sometimes your best investments are the ones you don't make."
STOP SPENDING YOUR TIME START INVESTING YOUR TIME
SUCCESSFUL INVESTING IS ABOUT MANAGING RISK NOT AVOIDING IT
SUCCESSFUL INVESTING IS 1% ABOUT WHAT YOU KNOW AND WHAT YOU BUY & 99% ABOUT HOW YOU BEHAVE
The best investment with least risk and the greatest dividend is giving
The best investment you can make is in yourself
"The best investors in the world have more of an edge in psychology than in finance."
The essence of investment management is the management of risk, not the management of returns
The four most dangerous words in investing are: This time it’s different.”
The futuer generation will always lead a better life than the previous generation
The junior high schools and high schools of America have forgotten to teach one of the most important courses of all investing.
"The key to making money in stocks is not to gets cared out of them."
The natural-born investor is a myth.
"The only function of economic forecasting is to make astrology look respectable."
"THE SIMPLER IT IS.THE BETTER I LIKE IT.."
THE SNOWBALL EFFECT you just need to get it rolling
"THE STOCK MARKET IS A DEVICE FOR TRANSFERRING MONEY FROM THE IMPATIENT TO THE PATIENT"
"The time is always right to start investing."
"The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell."
"The way to make money is to buy when blood is running in the streets."
"Time and again, it has been demonstrated that the return achieved by a mutualfund yesterday has no material predictive value for tomorrow."
"Too many people send money they haven't earned, to buy things they don't want, to impress people they don't like."
"20 yrs in investing convinces me that a normal person using the customary 3% of the brain can pick stocks like an avg wall street expert."
TWO RULES OF INVESTING RULE NO.1 NEVER LOSE MONEY RULE NO.2 NEVER FORGET RULE NO.1
"WallStreet is the only place that people ride to in a Rollsroyce to get advice from those who take the Subway."
WE DON'T HAVE TO BE SMARTER THAN THE REST WE HAVE TO BE MORE DISCIPLINED THAN THE REST
"Wealth, in even the most improbable cases, manages to convey the aspect of intelligence."
"Wealth is not his who has it, but his who enjoys it."
"Wealth is the ability to fully experience life."
WEALTHY PEOPLE INVEST FIRST AND SPEND WHAT'S LEFT BROKE PEOPLE SPEND FIRST AND INVEST WHAT'S LEFT
"When I was young I thought that money was the most important thing in life; now that I'm old I know it is."
"When it is a question of money, everybody is of same religion."
"When promised quick profits Reply with a quick No"
"Whoever said money can't buy happiness didn't know where to shop."
Wide Diversification is only required when Investors do not understand what they are doing
"Yesterday is over. Tomorrow would never come. You have only Today. Start Investing."
Yoga and Investing are very similar in characteristic: Slow but Very Effective in long term.
YOU CANNOT SAVE TIME FOR FUTURE USE BUT YOU CAN INVEST IT FOR THE FUTURE YOU
"YOU DONOT HAVE TO TRADE WITH HIM [MR. MARKET] JUST BECAUSE HE CONSTANTLY BEGS YOU TO"
You have to have faith in yoga and investing. Results will follow.
You have to learn to be an investor,if you want to become wealthy...
You must gain control over your money or the lack of it will forever control you.
YOUR LONG TERM WEALTHY CREATION IS ADVERSELY AFFECTED BY FOCUSING ON THE SHORT TERM
"Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed."
All money is a matter of belief
"Bottoms in the investment world don't end with four-year lows; they end with 10 or 15 year lows."
"Business opportunities are like buses; there's always another one coming."
"Don't tell me where your priorities are. Show me where you spend your money and I'll tell you what they are." -
"Every day is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each."
"Financial peace is learning to live on less than you make, so you can give money back and have money to invest."
"First come the innovators, then come the imitators, then come the idiots."
"Give a man a fish and he eats for a day. Teach a man to fish and he eats for a lifetime."
"Good Results take time"
"He that is of the opinion money will do everything may well b suspected of doing everything for money."
"You don’t have to be brilliant, only a little bit wiser than the others, on average, for a long, long time."
“Winning with stocks requires only patience, not foresight.”
“It only takes a handful of big winners to make a lifetime of investing worthwhile.”
“Companies that have no debt can't go bankrupt.”
"You have to be able to accept that the future will never look exactly like your time tested strategy."
“We made our money by being long wonderful businesses, not by using a long-short strategy.”
”You can dramatically increase your value by improving oral and written communication skills.”
"When you sell in desperation, you always sell cheap."
"Compounding is like God. Your prayers are answered after many years!”
”The enemy of investment success is activity.”
“Develop a disciplined approach to investing that enables us to block out our own distress signals.”
“You need a reasonable amount of intelligence, but the temperament is 90% of it.”
“Unless you’re a short seller or a poet looking for a wealthy spouse, it never pays to be pessimistic.”
"I have never met a man who could forecast the market."
"If you change your investment policy based on market performance, you don’t actually have an investment policy."
"All of human unhappiness comes from one single thing: not knowing how to remain at rest in a room."
"There are no bonus points for complicated investments."
"THE STOCK MARKET IS A DEVICE FOR TRANSFERRING MONEY FROM THE IMPATIENT TO THE PATIENT"
"One of the greatest ways to avoid trouble is to keep it simple."
"Every asset class is cyclical, so why fear only Equities?"
"Investing isn't about beating others at their game. It's about controlling yourself at your own game."
"Markets reward patience more than any other skill."
"On a daily basis the effects of our actions are imperceptible; cumulatively, though, their consequences are enormous."
Patience is a rare virtue. Had it been common, most of us would get rich through investing.
"It’s an old principle. You don’t have to make it back the way you lost it."
"Lifetime investment returns are not a matter of skill. They're a matter of behavior."
"You don’t try to play the other guy’s game. You play the things you do, that you feel comfortable with".
"The key is to wait. Sometimes the hardest thing to do is to do nothing."
“Everything one needs to know about investing has already been written. Investors make it far more complicated than what it is.”
“Every tomorrow has been uncertain.”
"Possessions are there to punish people unless they have a mechanism to handle it"
“One of an investor’s biggest mistakes is to focus on a stock price instead of its value.”
“Everyone agrees that it’s the long-term that matters until the short-term starts happening.”
"Great businesses always trade at a premium because there is a scarcity of them."
“For all long-term investors, there is only one objective – maximum total real return after taxes.”
"The stock market is a giant distraction to the business of investing."
"The most important quality for an investor is temperament, not intellect."
"You don’t need to be in the top 1% in mental horsepower to beat the market. You need to be in the top 49% of controlling your emotions."
"Prices Fluctuate more than values So therein lies Opportunity. "
"Over time, You get the reputation you deserve. I believe The same is true for companies."
"If you can think long term, you have huge advantage over most of the investors."
"You gotta keep control of your time. You can't let people set your agenda in life."
"Spend less than you make. Don't go into debt."
Good financial advice is very simple. Sellers make it complex to sound better than others without adding any value for buyers.
Equity is not to get rich fast. It is just that equity compounds wealth at a higher rate than other assets. Be ready to get rich slowly.
"Buy to hold and buy and hold. Don't be a gunslinger."
“There is a time to buy, a time to sell and a long time to do nothing."
"If it makes sense in the long term, we just don’t give a damn what it looks like in the short term.
"The really big money tends to be made by investors who are right on the qualitative decisions."
Simplicity is the ultimate sophistication."
"The tide continues to be far more important than the swimmers."
The people who chase the hottest returns are the ones who get burned the worst.”
"It is always a mistake to pay too much for something you want. Impatience is the enemy."
Idea is just 1%, 99% is implementation.
”The risks of being out of the game are huge compared to the risks of being in it.”
"If the incentives are wrong, the behavior will be wrong. I guarantee it."
“Widespread fear is an investor’s friend and personal fear, enemy.”
“The desire to get rich fast is pretty dangerous.”
"Having a certain kind of temperament is more important than brains.”
"It's a rare life that's just bathed in opportunity. Most people just get a few chances."
“The two most powerful warriors are patience and time."
"If you stay rational yourself, the stupidity of the world helps you."
"In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses."
The best antidote to uncertain future is financial independence.
"In order to be a really good investor, you need to be a little bit of a philosopher as well."
“The biggest thing about making money is time. You don’t have to be particularly smart; you just have to be patient.”
"Knowing what to leave out is just as important as knowing what to focus on."
“Most successful investors do nothing most of the time. Do not confuse movement with action. Know when to sit and wait."
"Don't confuse brains with a bull market."
"When you invest, you have to take some risk. The future is always uncertain."
"Most investors should own no more than 10 to 20 stocks.”
Patience is the real and only long term edge for investors.
The first and foremost focus in investing should be avoiding permanent loss of capital.
"A lot of people don’t have the patience or temperament to really be investors.”
Amateurs buy ‘stocks’. Wise investors buy ‘businesses’.
"There are no dependable ways of making money easily and quickly, either in Wall Street or anywhere else."
"We are convinced that the average investor cannot deal successfully with price movements by endeavoring to forecast them."
"I never went near a business school, so my mind wasn't polluted by this craziness (market is efficient).”
Easier said than done–90% of investing is character.
"People always want investments to go up like a line.That’s not reality. You make 80% of your money in 20% of the time."
"It is much easy to fail as an investor than it is to succeed."
“You have no control over what’s going to happen in the markets, but you have complete control over your reactions to them.”
If you keep changing your investment philosophy based on short term results; you don’t have an investment philosophy.
"Worrying what others think about your investment strategy is a waste of time.It’s hard enough sticking to your own strategy."
"We spend essentially no time thinking about macroeconomic factors."
Investing and Marriage are meant to be forever.
“Investing is overwhelmingly a game of psychology.”
“Increased activity does not necessarily lead to better results.”
"Buy stocks you never plan to sell."
Put together a portfolio of companies whose aggregate earnings march upward over the years & so will the portfolio's market value.
“The most brilliant financial strategy consists of living well within one’s means.”
"First struggle is to get to $100,000. Underspend income grossly to get there quicker."
“The fundamental law of investing is the uncertainty of the future.”
“You make most of your money in a bear market; you just don’t realize it at that time.”
“Half of your return is determined by your investments, the other half by what kind of person you are.”
"Don’t risk what is important to you, to get what is not important to you."
“If merely looking up past financial data would tell you what the future holds, the Forbes 400 would consist of librarians.”
"Investing is the only thing which you become better at as you grow old."
“The best time to invest is when you have the money.”
"Wall Street is skeptical of simplicity."
"You only have to get rich once. That seems pretty fundamental."
“Leverage is a dangerous beast. It can’t ever turn a bad investment good, but it can turn a good investment bad.”
“If you are able to look beyond near term trouble, you have an advantage over many professional investors.”
Formal education will make you a living; self-education will make you a fortune.
"The risks of being out of the game are huge compared to the risks of being in it."
"Pay attention to facts, not forecasts."
"If you like spending 6-8 hours per week working on investments, do it. If you don't, then dollar-cost average into index funds."
“Losing some money is an inevitable part of investing and there is nothing you can do to prevent it.”