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
Nothing is simpler than owning the stock market and holding it forever, and that's essentially the idea behind the index fund.
John C. BogleRead
A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.
Benjamin GrahamRead
Entrepreneurs or international conglomerateurs, or large financial institutions buy or create mutual fund management companies to create a return on their own capital. It's capitalism at work, where the rewards tend to go to the managers rather than the investors.
John C. BogleRead
Credit cards are like snakes: Handle 'em long enough, and one will bite you.
Elizabeth WarrenRead
Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.
Charles DickensRead
When I trade, I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his neck on the line.
Nassim Nicholas TalebRead