People should look at this market as a great learning experience. The best learning experience of how much risk you want to take is going through a down market.
More Quotes from Scott Kahan:
Doubling the student loan payment will reduce the time it takes to pay the loan, but the total savings in interest will be marginal.Scott Kahan
Brand recognition is nice, but a fund company that has a lot of good performers may be an indication of strong research. But not all funds will do well.
Scott Kahan
People shouldn't chase returns. The average investor looks back at returns and buys based on performance. But people have to look at the worst-performing sectors, not the best-performing ones. That's where the smart investor goes.
Scott Kahan
With interest rates rising, we're advising people to go back to bonds.
Scott Kahan
People look at technology like it's a shining star, but it's no different than any other sector. A few good years can really pull up the averages. But a few bad years can really pull down the averages.
Scott Kahan
I know people think three days is long term in the market these days. But if you're a long-term investor, 2, 3, 4 percent swings, which are big moves in a day, are meaningless when you look back.
Scott Kahan
Readers Who Like This Quotation Also Like:
Based on Topics: Experience Quotes, People QuotesA simple rule in dealing with those who are hard to get along with is to remember that this person is striving to assert his superiority; and you must deal with him from that point of view.
Alfred Adler
I was drafted and went to Korea where I had an opportunity to create a production team that did dramatic and comedy shows. I had also done a little disc jockeying.
Casey Kasum
We know grooming is important for people. To get their hair done, to get makeup and things like that - that makes a person feel better.
Kenneth Williams