Inspirational Investing Quotes from Famous Investors
Inspirational Investing Quotes from Famous Investors
There have been many well known investors throughout history, including the likes of Warren Buffett and Peter Lynch. Investors have all different styles, from buy and hold strategies to daily trading to utilizing derivatives. At Red Oak Financial Group, our investing strategy revolves around our 3 pillars of looking for 1) broad diversification 2) low cost investment vehicles (i.e. low expense ratios) and 3) low turnover strategies. As fiduciaries, keeping fees low and looking out for our client's long term best interest is our priority. We try to not get caught up in the daily noise, but aim to see the forest through the red oaks ;)
Here are some investing quotes from the greats! Do you agree or disagree??
"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
"Don't look for the needle in the haystack. Just buy the haystack!" John Bogle
"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." -Robert G. Allen
"The biggest risk of all is not taking one." -Mellody Hobson
"The individual investor should act consistently as an investor and not as a speculator." -Benjamin Graham
"Know what you own, and know why you own it." -Peter Lynch
"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 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
"The most contrarian thing of all is not to oppose the crowd but to think for yourself." -Peter Thiel
#investing #wealthtipwednesday #redoakfinancialgroup
-Your Friends at Red Oak Financial Group