Robert Kiyosaki Quotes

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

It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

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 government can’t guarantee that you should earn profit from your investments.

I haven't changed any of my investments since I've been in the Senate and haven't purchased any stocks since I've been in the Senate.

I seek individual investments that will allow me to target total portfolio returns of at least 20% annually after fees and expenses on an annual basis over a period of years, not months.

Investing is a probabilistic business. Every once in a while, it's sort of like you're throwing six-sided dice, and anything except a one or a two, you're doing well. Statistically speaking, you throw the dice enough times, you're going to throw a one or a two five times in a row, and you're going to look pretty foolish, right?

I don't think you should put all your money in one place. It must be invested in different investments.

My favourite holdings are Vanguard's Wellington Fund, a balanced mutual fund which is a legacy investment from my first career at Wellington Management Co., and the Vanguard 500 Index Fund.

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

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).

Always keep your portfolio and your risk at your own individual comfortable sleeping point.

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

We don't manage money for anyone else. We bear responsibility only for our own risks.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

Investors have to ask themselves two questions. How much can we grow our investments? And, can we afford our mistakes?

Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.

The thing to do with mutual funds is to buy a couple of decent ones, set up an investment plan and then never, ever think about them again, except maybe once a quarter or so when you take a peek at your statements to make sure that you have not accidentally been buying the Fidelity Peace-in-the-Middle-East fund.

Never, ever invest money that you will need prior to three to five years - minimum.

I think you'll do as well as most professionals. Most professionals don't beat the market. Let's not over-rate my industry. But if you have time, you can be in good mutual funds that have good records.

My advice to the average investor in 1988 is to be patient and think long-term. It will take 18 months for confidence to get better and, in the meantime, this is absolutely no place for short-term money.

It's fine to seek professional help, but I urge everyone - no matter how big their portfolio - to truly understand every suggestion they're given before acting.

I invest in funds myself even though I run my own fund for my daughters.

I sell these intermediate bond portfolios for people that can't go to stocks.

My view is that one should diversify broadly across different fund investments. However, it's tough for investors to try to pick the appropriate risk level that they should manage their funds at. Having a personal adviser would be helpful.