Best Quote on Investing Ever!

Posted by Tim

April 24, 2008

From Bill Rempel, a.k.a. NO DooDahs! :

Forget the economy. Focus on the markets. Find a methodology or system that works for you, and stick with it.

I think all of the noise about recession, housing, mortgages, trade, etc. distract us from the goal (hopefully!) of making money. Bill hit it on the head. What are the markets and securities we are interested in doing?

My focus is to find companies that have a plan to increase their earnings in their niche. I try to find out what their plans and methods are and if they make sense to me. Then I look at the stock value in relation to whether I believe the management can be (more) profitable.

More on this topic (What's this?)

Interesting Dividend and Investing Sites to Consider (Dividend Growth Investor, 1/16/10)

A CLOSER LOOK AT MAGIC FORMULA INVESTING (THE PRAGMATIC CAPITALIST, 3/13/10)

Dividend Stocks: Three Keys For Successful Investing (Dividends Value, 2/3/10)

Read more on How To Invest, U.S. Housing Market at Wikinvest

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