Quotes

If your only reason for picking a stock is that an expert likes it, then what you really need is paid professional help.

Tip one: Don't buy stocks on tips alone.

People worry about the riskiness of stocks, but bonds can be just as risky.

The only problem with market timing is getting the timing right.

If you don't believe corporate profits will continue to rise, and you can't stomach a decline in the market, don't buy stocks or equity mutual funds.

This is the way the capitalist ecology works. Industries decline, old companies wither away, and young companies rise up to replace them. This process is hard on many, but ultimately, it is healthy.

A correction is a wonderful opportunity to buy your favorite companies at a bargain price.

People who exit the stock market to avoid a decline are odds-on favorites to miss the next rally.

If timing the market is such a great strategy, why haven't we seen the names of any market timers at the top of the Forbes list of richest Americans?

As long as people are willing to pay foolish prices for things, no plan is foolproof.

Corrections are unpredictable. By selling stocks to avoid pain, you can miss the next gain.

Ultimately, to be an investor in stocks, you have to believe that American business has a decent future, as well as business worldwide, and that corporations will continue to increase their profits.