Robert G. Allen Quotes

When I was very young, maybe 12 years, I began to make investments.

In college, I was told the market can't be beat.

Investing is for wealth preservation, not wealth creation, so first you have to make wealth.

I'm making my money make money.

If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.

At first, the only thing that I learned was to save. Then I learned about mutual fund, then later on direct stock investments. I also went into small businesses and even real estate.

The key to making money is to stay invested.

If you ask me, over time, I am a believer in the Indian financial saving story getting stronger; a lot more savers are moving money away from gold and real estate into banks, mutual funds, insurance and equities.

What I put in the stock market, I don't have to touch in my lifetime. I want to live off my bonds. I want to be that safe.

I don't give investment advice.

I like to spend money on investments.

Children should be taught in school that you should have all kinds of asset classes in your portfolio. They should be taught what those asset classes are, and their advantages and disadvantages.

Money and investing can be complex, confusing, and often boring subjects.

You've always got to think about having some fixed income in your portfolio as well as equities.

We shouldn't think anyone needs a Ph.D. in advanced investing in order to begin to invest.

I have mutual funds. I have a lot of individual stocks. I'm across the board, really well diversified.

Given the success rate, if you want to get wealthy, entrepreneurship is a horrible way of doing it. There are significantly easier ways of doing it.

If your fund doesn't last for the long term, how can you invest for the long term?

I'm big into stocks. I've invested in a lot of stocks. One day I was talking to my accountant, and he was like, "Yo, what if I could turn a million dollars into $20 million?"

Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.

Investing is laying out money now to get more money back in the future.

Use Time. Make it easy. Get your money to work for you. The key is to get in the market, as it is not about timing the market, but time in the market that matters.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

There's no such thing as a favorite investment. But I think I tend to invest in Asia in promising countries, in equities, in real estate, and I own precious metals, obviously.

In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.