30 Quotes by Scott Kahan
- Author Scott Kahan
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Young people are always afraid to commit money long-term.
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A lot of people just look at how the fund did last year and the Morningstar stars, but that's just the tip of the iceberg.
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It looks like he can save a lot of money each year since he has low expenses.
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It's been a hard lesson for some, and a good lesson for most people.
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It sounds like a broken record, and it's boring. It's something we definitely don't want to keep rubbing in people's faces. But it goes to show that diversification works.
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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.
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If you're not willing to invest more in it, maybe you should sell and invest somewhere else.
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In the last several years there hasn't been much of a downside. There hasn't been much of a downside, so people have been spoiled. They don't have a clue as to how it really works.
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Investors have been buying a lot of securities in the last year that haven't made a lot of sense to buy. They bought stocks without knowing why, and so now they're selling stocks without knowing why.
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