9 Investing Quotes You Should Know Before Investing A Single Dollar
The Wealth Gang team writes about financial information, passive income ideas, apps, programs, cash management tools and other wealth gadgets that we think you might want to use or learn more about. Sometimes, we write about products, services or items that might be associated with affiliate partnerships. In these instances, we will earn a small percentage of the revenue from sales. There is, of course, no cost to you.
Thank you for all your support! Without you, we could not keep this site running. Gang Gang!
Investing your money is easier than ever, with plenty of great trading platforms to choose from. Making money is the hard part. You need to consider a lot of factors and scenarios. To keep you inspired and on the right path, here are some of the best investing quotes to keep in mind during the ups and (especially) the downs.
“An investment in knowledge pays the best interest.” – Benjamin Franklin
Knowledge plays a very important role in our life. It can help you make better decisions, perform better and help you make more money. Knowledge couldn’t be more important when it comes to investment. To make better investment decisions, you have to do your research first and immerse yourself with as much relevant information as you can.
Benjamin Franklin understands the value of being constantly hungry for knowledge. You should always educate yourself through business books, audiobooks, etc. No one benefits more from an investment in yourself than you. With tons of knowledge, you’ll be able to analyze all your options and make better decisions.
Read at least 30 minutes a day and study the lives of other successful investors. It’s also helpful if you watch biographies to understand how other people made it big in the investment world.
“Rule number one: Don’t lose money. Rule number two: Don’t forget rule number one.” — Warren Buffett
No list of investing quotes is complete without at least one quote from Warren Buffett, the Oracle of Omaha.
Investing in the stock market is not a place for gamblers to bet their money and hope to go home with pockets full of cash.
When looking to invest your hard-earned money into the market, rather than thinking of how much you will gain, consider how much you might lose first. When you lose money, the remaining funds have to perform much better to regain your losses. That is why successful investors focus on risk first instead of returns.
Losses are an inevitable aspect of any investing. Even acclaimed investors like Warren Buffett had their fair share of losses. But always remember that what makes them great investors is that they rarely take on big losses.
Learn to understand the business fundamentals of the stock you are about to purchase (how it makes its money, its competitive landscape, its valuation, how others perceive it, etc) – that way you’ll be ahead of the crowd if things turn sour.
“It’s not always easy to do what’s not popular, but that’s where you make your money. Buy stocks that look bad to less careful investors and hang on until their real value is recognized.” – John Neff
Many people like to invest in well known “blue chip” stocks and put their life’s savings there. While this may sound like a wise decision, you may have already missed the ride up for these successful companies. Underdogs are still present even in today’s market.
With proper research, you can find a diamond in the rough through some stocks that are less popular. If you see an opportunity on a stock that has a strong path to future profits, invest in it. John Neff credits his success to putting his investment on the not-so-popular stocks.
“There seems to be an unwritten rule on Wall Street: If you don’t understand it, then put your life savings into it.” – Peter Lynch
One of the biggest fallacies in Wall Street is that complexity is an important component of superior performance. A lot of investors are guilty of falling for that.
Complex investment strategies are often designed to benefit those that manage and promote them. Unless you have an expert level of intimacy with a product, a better option is to buy investments that are transparent and straightforward.
“In investing, what is comfortable is rarely profitable.” – Robert Arnott
You are more likely to achieve greatness when you step out of your comfort zone and try things that you never thought you could do. You get to unleash a different strength and skills that you thought you never possessed. It’s only when you push yourself harder that you get to know your full potential.
Sure, investing in a safe stock may sound like a smart idea. But when almost everyone is invested in the same stock, it’s hard for it to continue growing – and the fall could be dramatic indeed.
“Every once in a while, the market does something so stupid it takes your breath away.” – Jim Cramer
One of the most important traits that you must possess as an investor is adaptability. You should be resilient enough to stand strong yet you must also be flexible enough to embrace new angles. This way, you don’t get buried when the stock market does something irrational. Get up and think of a new strategy. Winners don’t quit in times of adversity.
“The most important quality for an investor is temperament, not intellect.” – Warren Buffett
Correcting a previous item: No list of investing quotes is complete without at least two lines from Warren Buffett.
don’t need to be a mathematical genius to prosper in the investment world. You just need to understand and respect the ultimate weapon of the stock market, which is human behavior.
A lot of investors get trapped in the mistake of not appreciating the behavioral aspects of investing. The biggest problem and worst enemy of an investor are himself. So if you’re going to study quant models to decipher and master the investment world, you must also understand the emotions, instincts, and tendencies of investment behavior.
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki
You may be able to make a lot of money in your investment ventures, but the real question is this: How much of these earnings are you able to save? You may have reached your first million at the age of 30 but it’s worthless when you blow it all by the age of 40.
Your goal should not just be focused on your earnings but also on the maintenance and sustainability of these earnings. Carefully diversify your investment portfolio and make it grow. Work hard to achieve financial security not just in your current generation but also for many generations to come.
And along those lines, make sure you learn tax rules and get a strong accountant. There is no reason to make large profits if the tax man collects it all.
“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
Investment is not about placing your bet on a card and feeling the rush of excitement as you wait if you win or lose.
Instead, it requires careful planning and meticulously evaluating all the possible angles. This may sound boring for some adrenaline-driven individuals, however, nothing beats the rush of excitement when you see your gains over time.
Final Word on Investing Quotes
The investment world can sometimes be cold and brutal. Thankfully, great investors of the past and present have shared wise and useful nuggets of inspirational quotes. Whenever you feel shaken, discouraged, or stuck, refer back to these investing quotes and get back on your feet again.
Current Top Offers
Invest in Commercial Real Estate With As Little As $10
Get a $50 bonus for creating and funding a new account
Invest spare change easily. Get $5 when you sign up for Acorns.
Earn an unlimited 1.5% back in Bitcoin on every purchase with the BlockFi Rewards Visa® Signature Credit Card.
Put your crypto to work. Get up to a $250 crypto bonus with a transfer of $100 or more in crypto.