Jean Chatzky Quotes

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).

I spend about half of my time wondering why I have so much in stocks and about half wondering why I have so little.

If the fluctuations in your investment portfolio are reduced, the impact of emotions and behavior on your account is also reduced.

For us, whether the market is skewed from a bubble perspective or not really is mitigated by staying focused on what we do best.

We're getting hurt, but I'm a long-term investor.

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

The key, of course, is to stay away from the losing years.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.

I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.

The key to making money is to stay invested.

The beauty of diversification is it's about as close as you can get to a free lunch in investing.

Because in the New Normal you are more worried about the return of your capital, not return on your capital.

I invested. I wanted to cushion the future. I'm a financial success!

I will never be in the stock market. It's just gambling. I'm a gambler, but I'll gamble on the practicality of things.

If the investor doesn't have enough time and skill to investigate individual stocks or enough money to diversify a portfolio, the right thing to do is to invest in exchange-traded funds that give you exposure to asset classes. It does make sense for the individual investor to think in terms of holding individual asset classes.

The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

One should have a wide variety of assets in one's portfolio. And oil, by the way, is a particularly important asset to have in one's portfolio because we need it, and the economy thrives on it.

Investing should be dull. It shouldn't be exciting.

People might just decide, 'Yeah, I'll diversify my portfolio. I'll live in a rental.' That is a very sensible thing for many people to do.

I have no fear about the future for retail investors.

The important thing in investing is to be true to your compass.

Unfortunately, slow and steady in any financial market is actually impossible.

I'm just trying to diversify my portfolio and put myself in a position so when I do retire, the options are limitless.

I told myself after my football career was over that if I ever started making good money again, I would invest it wisely.