APHRORISMS TO INVEST BY

Lesson # 1: Be Patient

“The stock market is a device to transfer money from the impatient to the patient.”

Warren Buffett

Lesson # 2: Ignore Price Targets

“The function of economic forecasting is to make astrology look respectable.”

John Kenneth Galbraith

Lesson #3: Don’t Time the Market

“Though tempting, trying to time the market is a loser’s game. $10,000 continuously invested in the market over the past 20 years grew to more than $48,000. If you missed just the best 30 days, your investment was reduced to $9,900.”

Christopher Davis

Lesson # 4: Don’t Short

“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.”

Peter Lynch

Lesson #5: “Bad” Markets are Good

“You make most of your money in a bear market, you just don’t realize it at the time.”

Shelby Cullom Davis