Quotes About Investing

It is impossible to consistently outperform the market by using any information that the market already knows.

You don't want to have a position before a move has started. You want to wait until the move is already under way before you get into the market.

I am always thinking about losing money as opposed to making money.

After selling Twitch, I worked at Y Combinator, investing as a partner there for a couple of years.

My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.

Impact investing has become a broad umbrella that includes all investing with a focus on both financial return and social impact, but in its best form, impact investing prioritizes impact over returns and achieves outcomes that traditional investing cannot.

Always start at the end before you begin. Professional investors always have an exit strategy before they invest. Knowing your exit strategy is an important investment fundamental.

In either case, you need to consider two factors: costs and taxes. Costs would include any commissions and fees incurred by trading. Taxes would be a factor if the rebalancing takes place in a taxable account, because you may realize capital gains.

Morningstar found that investors who rebalanced their investments at 18-month intervals reaped many of the same benefits as those who rebalanced more often, but with less costs.

The Coffeehouse Investor by Bill Shultheis (Kirkland, WA: Palouse Press, 2005). A little book with a big message: How to invest simply and successfully.

We don't believe in mixing investing with insurance. Insurance is for protection and investing is for wealth building. Don't confuse or mix the two.

we suggest that you add from 10 percent to 20 percent more bonds than you think you need for safety. This will be your insurance against worry, and might help prevent you from selling at the wrong time.

Every day you don't invest is a day less you'll have the power of compounding working for you. Put together an intelligent investment plan and get started. If you need help, seek out a good financial planner to assist you.

Nevertheless, it's money that won't be compounding in their accounts and building their net worth.

Being a Boglehead requires planning, commitment, patience, and long-term thinking.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. —Warren Buffett

It's important to understand that bonds and bond funds have a low correlation (they don't always move in the same direction at the same time) to stocks, so bonds can be a stabilizing force for a portion of your portfolio.

We recommend that mutual fund investors avoid load funds. If financial advice is needed, use a fee-only financial planner—not a mutual fund salesperson who has a conflict of interest.

Morningstar is also a good source for finding out what a particular mutual fund's turnover rate is.

It's important to note that Vanguard offers their low-cost ETFs commission-free, eliminating the previously mentioned downside associated with having to pay commissions to buy and sell ETFs.

Don't invest in things you don't understand.

Indexing via low-cost mutual funds is a strategy that will, over time, most likely outperform the vast majority of strategies.

William Bernstein, Ph.D., M.D., author of The Four Pillars of Investing, frequent guest columnist for Morningstar and often quoted in The Wall Street Journal: "An index fund dooms you to mediocrity? Absolutely not: It virtually guarantees you superior performance.

Paul Farrell, columnist for CBS Marketwatch and author of The Lazy Person's Guide to Investing: "So much attention is paid to which funds are at the head of the pack today that most people lose sight of the fact that, over longer time periods, index funds beat the vast majority of their actively managed peers.