A Quote by Jim Cramer
Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of that burden off your shoulders.
Related Quotes
Money you won't need to use for at least seven years is money for investing. The goal here is to have your account grow over time to help you finance a distant goal, such as building a retirement fund. Since your goal is in the future, money for investing belongs in stocks.
I think, in every situation, it's important to find the right balance. If you have to spend money, try and spend that money in the right way to take players with the right characteristics for your idea of football.
Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks.
Come here and take off your clothes and with them every single worry you have ever carried. My fingertips on your back will be the last thing you will feel before sleeping and the sound of my smile will be the alarm clock to you morning ears. Come here and take off your clothes and with them the weight of every yesterday that snuck atop your shoulders and declared them home. My whispers will be the soundtrack to your secret dreams and my hand the anchor to the life you will open your eyes to. Come here and take off your clothes.
Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.
You realise the responsibility of carrying a film on your shoulders when people are investing money in you and they recognise the hard work you have to put in.
I'm often asked how to start investing with little or no money. Please hear this as this is the hardest thing for people to understand: you do NOT invest with money! You invest with your mind! No matter what the field, your biggest asset is your mind. Once you have knowledge, you find deals, find your team and use other people’s money. You sell the deal and your team to get investment money.
All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.
If it is a relief to take your clothes off at night, be sure that something is wrong. Clothes should not be a burden. They shouldbe a comfort and a protection.
If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.
There's not a second of my time on tour where I'm not engaged with something. It is the hardest job - a great job, and I love it - but truly the hardest job I've ever had. There's no time away, there's no time off, and it's so exhausting. I drive myself around in a van, and I don't have the money or infrastructure to do it differently, and I'm involved at every level. I feel like I'm just collecting info, and can't wait to get home to try and process these.
Investing in a poker game and investing in stocks, at least the way I do it, it's a very similar skillset.
My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
As labor is the common burden of our race, so the effort of some to shift their share of the burden onto the shoulders of others is the great durable curse of the race.
If it is a relief to take your clothes off at night, be sure that something is wrong. Clothes should not be a burden. They should be a comfort and a protection.
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