Coreen T. Sol > Quotes

“Volatility in the up direction is not a problem-it's only downward volatility that offers discourse.”
― Coreen T. Sol, Practically Investing: Smart Investment Techniques Your Neighbour Doesn't Know

“The term bellwether refers to the practice of placing a bell around the neck of a castrated ram (a wether) leading his flock of sheep. While out of sight, the sound of the bell is a directive on the whereabouts of the flock. When earning season begins, the bellwether stock is that of the largest (typically industrial) companies who report their earnings. Analysts look to these reports as an indication of how subsequent reports will come in under or over expectations.”
― Coreen T. Sol, Practically Investing: Smart Investment Techniques Your Neighbour Doesn't Know

“Understanding the value of a security and whether it's trading above or below that value is the difference between investing and speculating.”
― Coreen T. Sol, Practically Investing: Smart Investment Techniques Your Neighbour Doesn't Know

“If anyone could anticipate a market drop, no one would ever invest in the market above the level to which it will decline. That is to say, market corrections are unforeseen events.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Formulating a false story to justify your fears may make you feel better, but it isn't a successful investment strategy.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“What the efficient market hypothesis doesn't account for is that people are not always rational. Just ask any divorce lawyer.”
― Coreen T. Sol, Practically Investing: Smart Investment Techniques Your Neighbour Doesn't Know

“More often than not, extreme events revert to the mean—the average—for no other reason than that result is more likely.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Unforeseen events are precisely that: unforeseeable. So, timing the market is for biased investors.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Since money is fungible, efforts to save small amounts on small purchases are absurd if you ignore them during pricier transactions. $1.75 is still worth $1.75.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“The sooner you begin saving, the better your chances to attain more wealth, with the added benefit of reducing the number of contributions you'll need to make.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Once bitten, twice shy isn't a very good investment strategy.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“If you've convinced yourself that a market correction is likely (your belief) to justify holding cash rather than investing (your action), you may be under the influence of cognitive dissonance.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“For every transaction, there is someone willing to buy and someone willing to sell at an agreed price, both believing that it's good value and that the counterparty is a little crazy.”
― Coreen T. Sol, Practically Investing: Smart Investment Techniques Your Neighbour Doesn't Know

“Sleep promotes wellbeing but giving up on a well-constructed investment strategy when markets become volatile is not in the best interest of your financial health.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“It is odd behaviour to ignore smaller denominations when transacting high values since large transactions provide the most obvious opportunity to keep more of your money.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“It is a common error to assume that the stock market price is always the proxy for the value of a company's shares.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“The motives to sell during a market capitulation are rarely rooted in a long-term plan. If they were, the market would never be oversold.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Your investment choices are distorted through the voice of your experience, and the louder the narrative—the more recent or dramatic—the greater the influence it has over your “independent judgement.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Familiarity bias drags you to the safety of your comfort zone and, in doing so, unwittingly increases your risks by limiting diversification and investment opportunities.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Just because markets rise doesn't mean that they will continue to grow or that it is time for them to change direction, yet it is pleasing to see patterns from one period to the next.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Just because market corrections are a regular occurrence and there hasn’t been one in a while, doesn't mean that the next is imminent. We want to feel that we can predict patterns which gives us a false sense of security.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“A tax dollar paid today is far more expensive than one paid in future dollars. With inflation, money becomes less valuable over time because of the cost of goods increases.”
― Coreen T. Sol, Practically Investing: Smart Investment Techniques Your Neighbour Doesn't Know

“Ironically, investing in many seemingly safe investment options puts conservative investors at the greatest risk of declining purchasing power.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Stocks aren't like a pair of shoes that go on sale but keep the same useful value. The value of stocks are based on their economic prospects, which change constantly.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Share prices react so quickly to news that you cannot sell them before the price changes because no keen investor would buy them at the price you want to sell them—they’ve also heard the news.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“The motivation to break even is so tempting that you'll even consider doing so at greater levels of risk than you'd typically accept. If you've heard the expression "double or nothing," you've seen this bias in action.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Buy art because you love it. If it appreciates, great. If not, you appreciate it.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“It doesn't matter what you paid for an investment. If it no longer suits your objectives or has poor prospects, you should sell it.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Timing the market is a biased investor's game.”
― Coreen T. Sol, Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

“Fear is an emotion, not a stock indicator.”
― Coreen T. Sol, Practically Investing: Smart Investment Techniques Your Neighbour Doesn't Know