Sometimes my mistake has been hesitancy about acting on the decisions I've made. When's the best time to invest? It's today, not tomorrow.
Charles SchwabRead
Just because a stock is down doesn't mean it's a great buy.
Interpretation
What this quote means
A decrease in stock price doesn't necessarily indicate a good buying opportunity. Investors should do thorough research before making decisions.
This quote by Charles Schwab emphasizes the importance of careful evaluation in stock market investments. It warns investors against the common misconception that a falling stock price automatically signals a good buying chance; instead, it highlights the necessity for fundamental analysis and understanding the underlying reasons for the stock's decline before throwing money into what may be a sinking ship.
Themes
StockInvestmentBuyMarketPrice
In practice
Example use cases
During a financial seminar when discussing investment strategies.
More from Charles Schwab
All quotes βWhen I was 14, I did all kinds of different odd jobs. I had a chicken farm, had an ice cream operation in the summertime, worked as a caddy; all things to make money and save money. Save money in order to invest - that was the first step, though I never really accumulated very much because of other demands like bicycles and things like that.
Charles SchwabRead
Similar quotes
Short term volatility is greatest at turning points and diminishes as a trend becomes established
George SorosRead
The only thing useful banks have invented in 20 years is the ATM.
Paul VolckerRead
If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
John Maynard KeynesRead
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
Alan GreenspanRead
Indeed, bull markets are fueled by successive waves of prior skeptics finally capitulating as their fears fade. Eventually, fear turns to euphoria, and that's the stuff of bubbles.
Kenneth FisherRead
You win the modern financial-regulation game by filing the most motions, attending the most hearings, giving the most money to the most politicians and, above all, by keeping at it, day after day, year after fiscal year, until stealing is legal again.
Matt TaibbiRead