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Letter "S" » Scott Kahan Quotes
«People may have a better feeling psychologically than they did at the end of the year. They're a little more comfortable. So this is a good time to do a self-assessment.»
«Don't look at the past six months. Look at the past five, 10 or 20 years of returns.»
«Brand recognition is nice, but a fund company that has a lot of good performers may be an indication of strong research. But not all funds will do well.»
«Young people are always afraid to commit money long-term.»
«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.»
«What happens is when something does well, people throw money at it.»
«People look at technology like it's a shining star, but it's no different than any other sector. A few good years can really pull up the averages. But a few bad years can really pull down the averages.»
«So look at the funds you own or ones you're considering buying. All that information can only make you a smarter investor.»
«If you're not willing to invest more in it, maybe you should sell and invest somewhere else.»
«Doubling the student loan payment will reduce the time it takes to pay the loan, but the total savings in interest will be marginal.»