16 Quotes by Naved Abdali about Wealth
- Author Naved Abdali
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To accumulate any wealth, you must invest at a growth rate higher than inflation.
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- Author Naved Abdali
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You must start investing as early as possible. Yesterday was better than today, andtoday is better than tomorrow. Don’t wait for a significant market drop.
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- Author Naved Abdali
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There is no guarantee that all investments will result in profits, but a carefully chosen portfolio of assets is highly likely to grow over time.
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A steady upward trajectory is the only logical path for the stock market because shares are proportionate ownerships in profit-making businesses, and over time profit accumulates.
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It is foolish to believe that cash in the form of bills or your bank account is not exposed to any risk. Sure, it is.
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Proper diversification means investing in uncorrelated assets, and investing in multiple assets needs multiple sets of knowledge, more hours of research, and more marketfollowing. It is definitely more work for an investor.
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- Author Naved Abdali
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Everybody does some sort of diversification. It is the extent and broadness that varies according to risk tolerance.
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Market price matters at only two points in time. When you buy and when you sell. In between, it is only a distraction.
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Short-term price action means nothing and should mean nothing to you. Keep your focus on long-term business growth.
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