Quotes About Investment

Any friendship that costs you nothing is not yet relevant in your life.

Friendship is not automatic.

Don't look for the needle in the haystack. Just buy the haystack!

On balance, the financial system subracts value from society

The mutual fund industry has been built, in a sense, on witchcraft.

In the mutual fund industry, for example, the annual rate of portfolio turnover for the average actively managed equity fund runs to almost 100 percent, ranging from a hardly minimal 25 percent for the lowest turnover quintile to an astonishing 230 percent for the highest quintile. (The turnover of all-stock-market index funds is about 7 percent.)

The index fund is a most unlikely hero for the typical investor. It is no more (nor less) than a broadly diversified portfolio, typically run at rock-bottom costs, without the putative benefit of a brilliant, resourceful, and highly skilled portfolio manager. The index fund simply buys and holds the securities in a particular index, in proportion to their weight in the index. The concept is simplicity writ large.

The happiest people are those who have invested their time in others. The unhappiest people are those who wonder how the world is going to make them happy.

Should I go ahead and buy that item or just save my money for a rainy day?

If you don't realize that you have genuine value and that you are worth investing in, then you will never put in the time and effort needed to grow to your potential.

TODAY GIVE YOUR TIME ONLY TO THINGS THAT PASS THE REQUIREMENT, RETURN, REWARD TEST.

And as novelist Robert Louis Stevenson advised, "Don't judge each day by the harvest you reap but by the seeds you plant.

Decide that People Are Worth the Effort:

Commit to Spend the Time Needed to Develop Leaders:

Find someone to mentor. Once you reach a certain level in your leadership, the most valuable thing you have to give is yourself. Find someone to pour your life into. Then give him time and resources to become a better leader.

What's worse than training your people and losing them? Not training them and keeping them.

It takes quantity as well as quality to develop warm and caring relationships.

People who achieve their potential do so because they invest in themselves every day.

If the price is an issue, then realize that there is also a price to be paid for lack of commitment. If you fail to develop proper commitment, what will you forfeit? On the other hand, if you pay the price, what benefit will you gain?

Put your money to work. If you know someone with the vision to do something really great—something that will positively impact the lives of others—provide resources for him to accomplish it. Put your money to work for something that will outlive you.

EL LIDERAZGO ES COMO LA INVERSIÓN: SE INCREMENTA

Money is like manure. If you let it pile up, it just smells. But if you spread it around, you can encourage things to grow.

If you want to succeed at Level 4, you need to become an investor in people. This means adding value but also expecting to see a return on your investment—not in personal gain but in impact.

Look at last week's schedule. How much of your time did you devote to regular, disciplined activities? Did you do anything to grow and improve yourself professionally? Did you engage in activities promoting good health? Did you dedicate part of your income to savings or investments? If you've been putting off those things, telling yourself that you'll do them later, you may need to work on your self-discipline.