Bad Investments Quotes

Stocks are at an all-time high today. I don't have any money in the stock market. I don't have the stomach for the ups and downs. So about 20 years ago I put all of my money and liquid assets into videotape rewind machines.

There are no bad business and investment opportunities, but there are bad entrepreneurs and investors.

If you buy too many bad players, you don't last in this game.

Most people spend their lives building financial houses of straws, which are susceptible to wind, fire, rain and big bad wolves.

What is the most common investor mistake? Trading - getting in and getting out at all the wrong times, for all the wrong reasons.

Lawsuits against reverse mortgage companies, including the nation's largest, Financial Freedom Senior Funding, contend that those firms helped pressure older Americans into bad investments.

Sometimes your mind lets you do things with your money that make no sense.

Money is a bad friend. Don't ever do anything for money.

That's the last thing on Earth you should think about... There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin... It is total insanity.

It is a bad business, dealing in lottery tickets ... Riches got in such a hasty manner never wear well.

Too many people are apt to redeem their profits too quickly. In a huge bull market they wind up with piddling profits, only to watch their former holdings soar. That usually prompts them into making mistakes later when, believing that the market owes them some money, they buy at the wrong time at much higher levels.

I have been rich, and I have been broke. Some of it is my fault for choosing bad management and making bad investments. But that is life - we all take risks.

And when the chickens that didn't hatch come home to roost, we will rue the day when, misled by sloppy accounting and rosy scenarios, we gave away the national nest egg.

The Germans made just about every bad investment you could have made in the last 10 years. They invested in Icelandic banks. They invested in Greek government bonds. They were heavy into Irish banks, big into Irish banks, and they bought U.S. subprime mortgage bonds.