5 Wise Quotes About Investing Money Explained
Investing money in the financial market is similar to surfing in an ocean. Hidden beneath the seemingly innocent ocean waters are sharks that can rip you apart in case you come near their territory. In the investment market, you are the surfer while the sharks are bad investments that can gobble up your precious savings within a matter of seconds.
But you can save yourself from bad investments by learning from the experience of the experts. Newton once said that he became great because he had the audacity to ride on the shoulder of giants. Those giants were experts in the field of science.
You can also become a great and successful investor if you learn from the advise and tips of giants of stocks market. Here we present 5 money market investment quotes and what do the mean in the context of financial market today.
1. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy.
Be greedy when others are fearful.” ~ Warren Buffett
We start with the wise quote of one of the greatest investment guru of this century – Warren Buffet. The great investor says in order to become rich you should invest when the market is low. And cash out your investment when the market is high.
2. “In investing, what is comfortable is rarely profitable.”
~ Robert Arnott
In the investment world, you need to step out of your comfort zone to realize profits. Investing in any financial market entails risk. The greater the risk, higher is the return potential of the investment. The best investment strategy can turn into your worst if you do not have the guts see it through until it results in realization of profits.
3. “The four most dangerous words in investing are: ‘this time it’s different.”
~ Sir John Templeton
You should take heed from past performance when investing in any financial avenue. A number of wrongly believe that what’s happened in the past is history. They do not look at historical performance of the financial instrument when investing their money. However, this results in loss of great amount of money when the market moves contrary to expectations. It is vital that you take note of past historical trends (ideally five years or more) when making investment decisions.
4. “An investment in knowledge pays the best interest.”
~ Benjamin Franklin
Nothing pays off more than investing in educating yourself. Financial education is vital if you want to be a successful investor. You should acquire deep financial knowledge and learn the tricks of trading profitably in the financial market.
5. “Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.”
~ Jim Rogers
With some stock instruments, ten to fifteen year lows are not uncommon. Some stocks take a long time to emerge from their deep slumber. You should not shy away from investing in a low priced stock if there is an indication that it will rise again in the future. Sometimes the stocks sink to its zenith before making a 360 turn and start paying dividend on investment. The example of the electronic behemoth Apple Inc. can be stated here that was worth next to nothing for most of the 90’s and realized profits for investors only during this decade.
The above were just a handful of expert quotes relating to money investments in the financial market. Do you have any more quotes to add to this list? Feel free to let us know by commenting below.