Feeling down and disappointed that you’re losing money in stocks? Don’t worry, you’re not the only one.
A big decline in stock prices usually sends some investors into panic mode. A few traders would frantically sell their stocks out of fear, while some would look for other people to blame.
We know that the dust will settle soon. So while waiting for that time to come and for stability to return, we think it’ll be helpful to remind you of ten (10) sensible quotes on stock market investing from some of the world’s best traders and investors.
We hope that their words can serve as guide and inspiration to all investors who are feeling lost / afraid / upset / uneasy / anxious / distressed / horrified about the distressing stock market situation.
Your stocks investment portfolio might be incurring losses but don’t worry because it’s not yet the end of the world.
Here are some quotes related to losing money in stocks that you might find useful.
Top 10 Quotes on Stock Market Investing during Bear Markets
1. “The investor’s chief problem – and even his worst enemy – is likely to be himself.”
— Benjamin Graham (1894-1976), economist and investor, considered the first proponent of “Value Investing”, a concept in investments which involves buying stocks considered underpriced by some form of fundamental valuation
2. “There’s no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or, worse, to buy more of it, when the fundamentals are deteriorating.”
— Peter Lynch (born 1944), businessman and stock investor and author of the books “Beating the Street” and “One Up on Wall Street”
3. “Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”
— Ron Chernow (born 1949), investor and business and finance journalist
4. “Part of being a winner is knowing when enough is enough. Sometimes you have to give up the fight and walk away, and move on to something that’s more productive.”
— Donald Trump (born 1946), real estate magnate and current President of the United States of America
5. “If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.”
— John Bogle (born 1929), founder of The Vanguard Group investment company and creator of the index fund (See also: What are Exchange Traded Funds or ETF?)
6. “The dumbest reason in the world to buy a stock is because it’s going up.”
— Warren Buffett, CEO of Berkshire Hathaway and one of the world’s richest people
7. “The individual investor should act consistently as an investor and not as a speculator. This means that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money’s worth for his purchase.”
— Benjamin Graham
8. “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.”
— Peter Lynch
9. “You try to be greedy when others are fearful and you try to be very fearful when others are greedy.”
— Warren Buffett
10. “The four most dangerous words in investing are: ‘This time it’s different.'”
— John Templeton (1912-2008), British businessman and stock investor
Do you agree or disagree with the above quotes? Which one is your favorite?