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By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.
Long-term investment success is almost totally a function of how one emotionally handles declines in the equity market, as opposed to how one's portfolio handles them.
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
People are so involved with immediate care, but at the same time there needs to be investment in educating people as adolescents when they're still HIV negative.
As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.
The current system punishes communities which make the investment in creating landfills, only to have them filled by states which refuse to adequately address their waste issues.
Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.
You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It's just that simple.
I have observed 100,000 families over my years of investment counseling. I always saw greater prosperity and happiness among those families who tithed than among those who didn't.
As people seek to improve their living environment, there will be continuous demand for residential property. Investment in real estate market should have reasonable prospects in the long run.
I've not found ! one single mutual fund, one single real estate investment, any gold, silver or anything else that has given me higher returns than: me investing in myself.
In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade.