Mark Skousen 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 don't rely on off-shore tax havens, and I don't want to invest in stocks and shares as we have seen how volatile that game has been since the financial crash.

I've reached a point where I feel the only asset I have confidence in is gold.

Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities.

You'd be safe to hold 5% of your assets and savings in gold and silver. Insurance for the future.

In other words, Social Security is every bit as insecure as the stock market.

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

The stock market is not a good arbitrator of success over the long term.

If you have faith in our leaders of commerce, don't buy gold. If you do not have faith in them, maybe you should buy gold or silver.

There is no 20-year period in American history when stocks lost money.

Investors need to get rewarded for their investment, especially in unstable countries.

I had some airline stock, but the airlines tanked. I didn't have a lot of money in them, though.

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

Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won't grow any faster than the rate of inflation.

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

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.

You'd rather own gold; never own the miner.

People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.

I had a few stocks, but stocks took a dive. I never sell my stocks.

One of our big challenges with the newsletter is that everyone thinks big stocks are safe. That's not true at all. They're only safe if the money is flowing there.

I was a stock broker once. I think there is an absolute place for market investments. But they should never be the basis of one's retirement. They should be an additional piece on top of a basic, secure, guaranteed retirement benefit.

Investors have few spare tires left. Think of the image of a car on a bumpy road to an uncertain destination that has already used up its spare tire. The cash reserves of people have been eaten up by the recent market volatility.

Investor confidence in Adani is fairly high, and most of our investors are long-term investors.

Large-caps were safe in 1996, '97, '98. Everybody was buying index funds and Nifty Fifty funds. As long as money was pouring in, it was great.