Prudent Investment Quotes

Aggression at a time when the economy was growing at substantial rates and the retail lending as an industry was growing at a substantial rate was an appropriate aggression. Caution at a time when the economic environment is so uncertain is an appropriate caution.

Since ours is an economy based on growth through risk-taking, we should provide encouragement not only for saving but for prudent investment of those savings.

At the heart of Erisa is the requirement that plan fiduciaries act with an 'eye single' to funding the retirements of plan participants and beneficiaries. This means investment decisions must be based solely on whether they enhance retirement savings, regardless of the fiduciary's personal preferences.

If we do not make tough decisions now, future Americans will have to make even tougher ones.

I thank God, I have been able, by adopting Principles of strict Economy and Frugality, to keep my principal, I mean my Country-Estate, unimpaired.

A wise man does not trust all his eggs to one basket.

The best way I know to get rich long-term is to invest prudently and conservatively and not try and get rich quick but try and get rich slowly, basically.

You could have all the money in the world, but you have to be smart enough knowing how to spend it. I really try to be on that smart money side. Once you make a serious mistake you can suffer five or six years, and I do my best to avoid serious mistakes.

Qualities not regulated run into their opposites. Economy before competence is meanness after it. Therefore economy is for the poor; the rich may dispense with it.

Whose gold is double with a careful hand, His cares are double.

Self-imposed discipline with a bent towards results rather than 'creative' and sustainability spending is unfortunately not the norm in the marketing industry.

It is the part of a wise man to keep himself today for tomorrow, and not to venture all his eggs in one basket.

The defensive (or passive) investor will place chief emphasis on the avoidance of serious mistakes or losses. His second aim will be freedom from effort, annoyance, and the need for making frequent decisions.

Short-term thinking is the greatest enemy of good government.

What is prudence in the conduct of every private family, can scarcely be folly in that of a great kingdom.

It is madness to make fortune the mistress of events, because by herself she is nothing and is ruled by prudence.

A nation's economic salvation does not lie in the amount of money its rich inhabitants can squander recklessly. A nation's economic salvation lies in the amount of money its inhabitants can save and invest after providing themselves with all the necessaries and all the reasonable comforts of life.

We also must pull from our highest ideals of justice and protect against those ills that destabilized our economy - like predatory lending, over-leveraged financial institutions and the unchecked avarice of the past that trumped fairness and common sense. Our platform calls for significant cuts in federal spending.

Most everybody thinks that if I want to get big rewards I need to take huge risks. But if you keep thinking that, you're gonna be broke.

I decided I ought to pick a project that would not be controversial, that would not really cost the government a lot of money.

The welfare of legitimate business and industry ... will be best promoted by abstaining from all attempts to make radical changes.

An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money.

Let us not be too prodigal when we are young, nor too parsimonious when we are old. Otherwise we shall fall into the common error of those, who, when they had the power to enjoy, had not the prudence to acquire; and when they had the prudence to acquire, had no longer the power to enjoy.