Investment Insights: Staying the Course

Written by nickel - 2 Comments

As a followup to my collection of quotes on stock market timing, here’s another set of quote on the importance of developing an investing plan and staying the course. Once again these quotes are brought to you courtesy of The Bogleheads’ Guide to Investing…

“Buy and hold is a very dull strategy. It has only one little advantage – it works, very profitably and very consistently.”

Frank Armstrong, Author of The Informed Investor

“No matter what happens, stick to your program. I’ve said ‘Stay-the-course’ a thousand times and I meant it every time. It is the most important single piece of investment wisdom I can give to you.”

John Bogle, Founder of The Vanguard Group

“Write down your strategy – then stay the course.”

Rick Ferri, Author of All About Index Funds and The ETF Book

“For most investors the odds favor a buy-and-hold strategy.”

Carol Gould, New York Times

“Simple buy-and-hold index investing is on of the best, most efficient ways to grow your money to the ultimate goal of financial freedom.”

Michael LeBoeuf Author of The Millionaire in You

“Don’t trade in and out of funds. Stay invested. Not only does buy-and-hold investing offer better returns, but it’s also less work”

Eric Tyson, Author of Mutual Funds for Dummies

Published on March 28th, 2008 - 2 Comments
Filed under: Saving & Investing
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Comments (scroll down to add your own):

Thanks for the nice quotes FCN. Most Buy and holders that I know are really scared from the recent market volatility. They are thinking aloud ” what if I have been in cash from october till now”. They are not asking themselves ” what if I had been in cash from 1982-2000″ though ..
Comment by Dividend growth investor — Mar 28th 2008 @ 11:16 am
I really like the first quote that you have.

“Buy and hold is a very dull strategy. It has only one little advantage – it works, very profitably and very consistently.”

I’ve been thinking about moving around my stocks, but really the ones that I would be selling are actually good companies.
Comment by Todd — Mar 29th 2008 @ 7:22 pm