Author: enhanced

Favorite Quotes: Chinese Proverb on the Best Time to Plant a Tree

The Best Time to Plant a Tree

Here is one of my favorite quotes. I find this proverb very inspiring in many ways.

“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb

What this quote means to me

The message I get out of this is that it’s never to late to accomplish the things you want to accomplish.

In every day life we all have things we want to do. Maybe our personal goals or something we have always wanted to do, some place to see, or something to accomplish. We could have tried to accomplish it sooner, which may have been a better time, but we can still accomplish those things today — now. This quote inspires me to get out there and do all the things I want to do.

The investor in me views the trees as investments. The best time to start investing was 20 years ago. The second best time to start investing is now. There’s another quote regarding investing that also fits with this: “It’s not timing the market, it’s time in the market.” Time in the market basically means the longer you have investments, the longer your investments have been growing and making you money.

Inspiration

Overall, I think this is a great inspirational quote. We all have trees we want to plant. We shouldn’t give up hope, since we can still plant our tree today.

Favorite Quotes: Benjamin Graham on Wall Street People

Here’s one of my favorite quotes from the legendary value investor Benjamin Graham.

Wall Street people learn nothing and forget everything. – Benjamin Graham

Benjamin Graham was referring to the hype he was saw coming from Wall Street. A lot of speculation. A log of fluffy news. A lot of hype to get traders and investors greedy and wanting more. Graham knew markets would always fluctuate, and he saw a solid investing approach in value investing. He searched for the gems that would reward him tremendously as he held on to it for a longer time. He didn’t seem to care for speculation in the markets at all, and I think this quote really reflects his attitude towards speculators. Maybe he saw speculation as a technique that had perhaps short term potential, but was not a solid long term investing tool.

I agree with Benjamin Graham on Wall Street people – including online daytraders and investors – that most people learn nothing and forget everything. However, there are many of us out there looking to learn more and improve our gains. But we all have to remember the tech boom, and bust. And we still see a lot of hype coming from Wall Street. One week it’s oil. The next week it’s tech. Television shows like Jim Cramer’s Real Money also help build hype and get people hearing about stocks they would normally never have heard of.

What do you think Benjamin Graham was talking about in his quote? Leave your comment!

Investing Winner Store

I am happy to announce the opening of the Investing Winner Store. You can find books, computer upgrades, and more at the Investing Winner store.

The Featured Products page contains a list of great trading and investing books I recommend reading.

You can also find financial, business, and stock market related magazines I enjoy reading.

Check out the Investing Winner Store!

Book Review: Trading In The Zone by Mark Douglas

“Master the market with confidence, discipline, and a winning attitude.”

Here is a snippet from my review of Trading In The Zone by Mark Douglas, found at my trading blog Trading Winner:

Trading In The Zone by Mark Douglas examines the mentality and psychology of successful and unsuccessful traders, understanding our trading actions, and shows us how to strengthen the psychological aspect of trading. “In Trading In The Zone”, Mark Douglas shows you how to analyze your mental strengths and weaknesses when you make trading decisions. He then shows you how you can correct flaws in your trading mentality and habits. The ultimate goal of Trading In The Zone is to eliminate trading based on emotions.

Read my full review of Trading In The Zone

List of Online Stock Brokers

I have created a list of all on-line stock brokers over at my Trading Winner blog.

I have gathered information on each online broker, such as commissions fees, margin rates, minimum initial deposits, special offers, and any other useful information I could find. I’ve also created a page for each broker where you can read other peoples comments and rate your broker from 1 to 5 stars. If you rate your broker, I would appreciate if you leave a comment for others, for example why you like or dislike your broker or any advantages or disadvantages you’ve experienced. People’s comments and ratings are a good way to weed out a great broker from a poor broker.
Browse the list of online brokers: List of Online Stock Brokers
Need help choosing a broker? Read my article: Choosing An Online Stock Broker.