People shouldn't chase returns. The average investor looks back at returns and buys based on performance. But people have to look at the worst-performing sectors, not the best-performing ones. That's where the smart investor goes.
More Quotes from Scott Kahan:
In sector plays, you should buy after a down period, when the numbers look terrible. But when you look at a fund, if similar funds have done well and one fund has done poorly, you don't use that logic.Scott Kahan
A lot of people just look at how the fund did last year and the Morningstar stars, but that's just the tip of the iceberg.
Scott Kahan
For people who are looking to get into this market, they probably should not have more than 20 percent in tech.
Scott Kahan
If he saves 2,500 between his 401(k) and outside savings, which he plans to do, this will grow to 526,450 at 8 percent over the next 11 years. The IRA rollover would add an additional 385,000 by age 57, bringing his investments, not including real estate, to over 900,000.
Scott Kahan
Even though he is not eligible for the 401K, he can allocate this money into his non-qualified investments and then stop those savings when he starts his 401K.
Scott Kahan
With interest rates rising, we're advising people to go back to bonds.
Scott Kahan
Readers Who Like This Quotation Also Like:
Based on Topics: People Quotes, Performance QuotesBased on Keywords: best-performing, worst-performing
America was established not to create wealth but to realize a vision, to realize an ideal - to discover and maintain liberty among men.
Woodrow Wilson
The true science and study of man is man.
Pierre Charron
Bitterness is like cancer. It eats upon the host. But anger is like fire. It burns it all clean.
Maya Angelou