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"Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks."
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Exlpore more Responsibility quotes
"These demands of life are so universal that either we like it or not, we are going to come across them one way or another. The response we give determines what our lives become."
"Any church that is overly emphasizing the role of miracles is encouraging his members to be indolent."
"This is your life and you have the right and responsibility to make good decisions for yourself."
"We were not born the same, we are all not born with the same abilities and capabilities, but no matter what seed God has given to us, be it small or big, He expects a good returns from us in the end and we must endeavor to be good stewards and managers of our abilities and capabilities regardless of where we live and the challenges we face!"
"Some victims do need to "blame" themselves and take responsibility."
"The time is coming when each of us will have to give an account of our stewardship."
"Joblessness gives you life ownership."
"If you are straightforward, then others will have no choice but to be straightforward with you. If someone curses you, is he doing so at your responsibility? Is he doing so at God's responsibility? No. He curses you at his own responsibility. And if you were to curse back, then it will be at your responsibility."
"We turn our attention to the government and we whine about the incompetence of the police, we also complain about the breakdown in law and order. Yet, we forget that we actually had a role to play in the consequences we are reaping."
"Only you are responsible for your life and for your life and making it a happy life."
Explore more quotes by Ron Chernow
"Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won't see until the bear market comes."
"Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker."
"Because of the love affair between the American public and the stock market, it is possible for entrepreneurs, technological visionaries and inventors of every sort to get financing."
"After 1929, so many people had been traumatized by the stock market crash that there was a lost generation."
"In the 1920s you could buy stocks on margin. You could put 10 percent down and borrow the rest against your stocks."
"By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity."
"A lot of the money in the stock market is really our national retirement plan, for better or worse."
"When news of the crash came, probably a lot of people in small towns and farms across America felt a sense of grim satisfaction that the sinners had finally been punished for their wicked ways."
"The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before."
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