A Beginner's Guide to Investing Quotes

“saving habits, and where Average Joe went”
― Alex H. Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“TD Ameritrade, E*TRADE, Scottrade, and Fidelity all have compelling offers and are good places to start.”
― Alex H. Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Discount brokerage accounts are low-cost online accounts offered by firms like E*TRADE, Charles Schwab, and Fidelity. These accounts allow do-it-yourself investors to purchase a large variety of common stocks, mutual funds, and exchange-traded funds (ETFs),”
― Alex H. Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Today, you have the option to invest through a discount brokerage account, a mutual fund account, a full-service brokerage account, or even a bank account.”
― Alex H. Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Choose your asset allocation, pick good assets, and keep your account on autopilot going forward.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“A better approach is to put your investment strategy on autopilot by consciously not changing your asset allocation or investment mix unless there is a significant change in your own circumstances.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“A short list of good ETFs from Vanguard and iShares will get just about any investor to his or her goal.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Choosing your portfolio's overall asset allocation is the most important investment decision you will make.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“A mutual fund pools together money from many different investors and invests this larger pool in a portfolio of stocks.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“At its most basic level, an investment represents an exchange between two parties - one who needs money now in order to build something that will generate money in later years, and another who has money now but would like to postpone using it until the future.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“This is why even a small amount of money, if allowed to accumulate over a long enough time period, can grow to an extraordinary fortune.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“There are less than a handful of principles that, if mastered, get you 95+% of the way to an optimal portfolio: stay diversified, keep expenses low, have a plan, save and invest early and often.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Predictably Irrational, by Dan Ariely, talks about the psychology behind many of our poor investment decisions in a manner that is friendly for the layperson. Stocks for the Long Run by Jeremy Siegel and Triumph of the Optimists by Elroy Dimson both discuss historical stock market returns in detail.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Diversifying your investments allows you to earn greater returns without taking on more risk, or equivalently to take less risk without sacrificing any returns.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Yet an equivalent price structure exists in the world of investment management, and rather than learning to cook, most people are instead opting to pay $400,000 for a hamburger that has been sitting out in the sun too long.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Secondary markets for financial contracts let an individual who initially invested in a stock or bond sell it to another individual that would like to take it over.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“Jill buys an index mutual fund that tracks the overall stock market, never touching her money and earning the same return as the overall stock market. Average Joe "tinkers" with his portfolio, purchasing some mutual funds through his financial advisor and investing in stocks whenever he gets a particularly juicy tip from his neighbor. Joe earns the same return as the average investor in the stock market.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“It is by owning multiple asset classes - foreign stocks, bonds, TIPS, real estate, commodities, etc. - that we can truly consume the "free lunch" of diversification”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way

“stay diversified, keep expenses low, have a plan, save and invest early and often.”
― Alex Frey, A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way