Of Our 49 Billion, We Haven't Moved

If You Expect To Be A Net Saver During The Next 5 Years, Should You Hope For A Higher Or Lower Stock Market During That Period? Many Investors Get This One Wrong. Even Though They Are Going To Be Net Buyers Of Stocks For Many Years To Come, They Are Elated When Stock Prices Rise And Depressed When They Fall. This Reaction Makes No Sense. Only Those Who Will Be Sellers Of Equities In The Near Future Should Be Happy At Seeing Stocks Rise. Prospective Purchasers Should Much Prefer Sinking Prices.

Honesty Is A Very Expensive Gift, Don't Expect It From Cheap People.

The Best Way In My View Is To Just Buy A Low-cost Index Fund And Keep Buying It Regularly Over Time, Because You'll Be Buying Into A Wonderful Industry, Which In Effect Is All Of American Industry... People Ought To Sit Back And Relax And Keep Accumulating Over Time.

Diversification Is A Protection Against Ignorance. It Makes Very Little Sense For Those Who Know What They're Doing.

The Only Time To Buy These Is On A Day With No 'y' In It.