Top 10 Financial Quotes and Sayings You Should Know
It is only human to feel lost when all hope seems lost. If you are looking for some light at the end of this dark tunnel, we are here to present you with our top 10 financial quotes and sayings you should know. These sayings have not been said in vain. On the contrary, they carry the potential to inspire and motivate.
It is only human to feel lost when all hope seems lost. If you are looking for some light at the end of this dark tunnel, we are here to present you with our top 10 financial quotes and sayings you should know. These sayings have not been said in vain. On the contrary, they carry the potential to inspire and motivate.
These financial quotes are directed at all those who feel life has not been fair to them lately. Some of these quotes indirectly address those on whom God's light shines brightly. In either case, we have extracted the basic crux of these financial sayings to encourage you to continue trying.
There is one saying that we would like to add to this list, 'When what's a step away might seem better than what's in hand, hold on tighter to what's in hand.'
"Our incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip."
Said wonderfully by John Locke, this financial quote explores the concept of one's earnings and their effect on life. It compares a man's shoes to their shoes. Locke illustrates a picture that depicts that if your income is low, life will be tough. However, if it is too much than required, we might lose track of right and wrong.
Money is synonymous with power, and it takes little to blur the moral compass. This often leads to falling face flat in your pile of money. When it comes to finances, it is always recommended to walk the middle path, just as this financial saying reflects.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future."
This financial quote is Carlos Slim Helu's contribution. He concisely suggested that when an investment is made, the only recommended way to predict the market is to look at the records.
The bottom line here is to sit tight even in the worst of turbulence and not draw your money back. It is only after a maga crisis that the market rises as high as the sun. Markets have survived wars, pandemics, and so much more. Anything that comes their way might break it but will never destroy it.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong."
This is one of our personal favourites by George Soros. It dictates how it technically is irrelevant if you are right; what matters in the world of finance is how much you have gained. Despite focusing on small, safer bets, investors should go big even if it means that they were wrong in the end.
"Given a 10% chance of a 100 times payoff, you should take that bet every time."
Like the one before it, Jeff Bezos stresses how important it is not to play safe to win big. One should always take the bait for the most minor chances if that means triple the profit.
"The way to make money is to buy when blood is running in the streets."
Baron Rothschild, heir of an aristocratic family, uttered these words to signify going against the current. This financial quote of his points out doing the opposite of what everyone is doing. If everyone sells their stock in the market, they become the buyer and vice versa. Exclude yourself from the competition and become the king.
"I don't look to jump over seven-foot bars; I look around for one-foot bars I can step over."
In this financial quote, Warren Buffett presents the importance of picking the right battles. Overcoming more enormous obstacles can translate into something other than earning big. So, when you see a small fish, do not think twice before swinging your rod into the water.
"The stock market is filled with individuals who know the price of everything but the value of nothing."
Phillip Fisher speaks of doing research well before investing in this financial saying. Fisher talks about the importance of having a good grip on the ongoing circumstances and good homework rather than just exhibiting sheep behaviour.
"Beware of little expenses.A small leak will sink a great ship."
Benjamin Franklin has shared this financial quote. The saying is self-explanatory. It narrates how cutting minor expenses can help you save the bigger picture.
So, no income and no expense is big or small; all are impactful in their potential.
"Wealth consists not in having great possessions, but in having few wants."
Epictetus extended this financial quote in which he speaks on the dual meaning of wealth. Some perceive wealth only signified by bank balance, mansions, and Rolls Royce. Someone who trims off their expenses and stays content can also be presumed wealthy. The wealth is enough for who he is.
"The biggest risk of all is not taking one."
Mellody Hobson, in this financial quote of hers, speaks on how important it is to take that leap of faith we all dread. Just by earning money and spending it, one can not build it; you must invest it.
So, rather than just making it rot in your account, give it a shot at multiplying it.
Conclusion:
And there you have it! Those are our top ten financial quotes and sayings that you should know. Some encompass strictly finance, while others incorporate life in the loop as well. So, please seek advice from these quotes and extract the beneficial crux they exude. Learn and become better. Don't just earn, build!