Peter Lynch Quotes
In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.
Topics
Compound Interest
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Financial Independence, Fiscal Independence, Economic Independence
Investing
Long
Long Term Planning
Money Management
Running
Saving
Wealth Creation
Financial Planning
Saving Money
Intelligent
Asset Allocation
Financial Prosperity
Financial Well-Being
Future Prosperity
Investment Strategy
Long-Term Financial Security
Retirement Planning
Savings Habits
Wealth Accumulation
Citations
Lynch, Peter, and John Rothchild. Learn to Earn. Simon & Schuster, 1995, p. 114.
Related Quotes
Peter Lynch is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world. During his 13-year tenure, assets under management increased from US$18 million to $14 billion.