Today, I’m sharing six top quotes from some of the world’s best investors and financial experts. All six quotes are highly relevant to dividend investing.
“The business schools reward difficult complex behaviour more than simple behaviour, but simple behaviour is more effective.” – Warren Buffett
Buffett has nailed it there. Investing really doesn’t need to be that complicated. Exotic derivatives? Forget it. Keep it simple and let time and compounding do the work for you.
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
Another classic quote from Buffett. When there’s panic in the air, it’s often the best time to be buying.
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen
A great quote here from best-selling author Robert G. Allen. It never ceases to amaze me how many people just park their entire savings in cash. Good luck trying to build long-term wealth that way!
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson
People often think that in order to make big gains they need to invest in the latest hot stocks. In reality, you can make plenty of money over the long term, by sticking to blue-chip companies that pay great dividends.
“The big money is not in the buying or the selling, but in the waiting.” – Charlie Munger
Many investors fail to be successful because they simply don’t have the patience for it. They want instant gratification. Investing is a long-term game.
“In my investing career, the best gains usually have come in the third or fourth year, not in the third or fourth week, or the third or fourth month.” – Peter Lynch
Investment legend Peter Lynch also understood the power of long-term investing. I’ve found this quote to be particularly accurate. Give your stocks time and you should be rewarded down the track.
This article is provided for general information only and is not intended to be investment advice. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.