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
When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
George SorosRead
The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.
Warren BuffettRead
Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?
Warren BuffettRead
Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.
Daniel KahnemanRead
Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.
Peter LynchRead
If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
George SorosRead