Will Rogers: Stock Increases
on Monday, September 5, 2011Funny Money Quotes: Only buying stocks that increase in value will ensure that you do well – so make certain those are the only type you buy. Will Rogers said:
“Don’t gamble. Take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it” — Will Rogers
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In this quote, Will Rogers is giving advice about investing as opposed to gambling. He recommends taking savings and putting them into “some good stock” rather than gambling them away.
Rogers suggests holding onto the stock until its value appreciates, and then selling it at a profit. But he also notes that if the stock “don’t go up”, one shouldn’t buy it, as that would essentially be gambling that its price will rise with no evidence to support it.
Overall, the quote conveys Rogers’ view that investing wisely in companies one analyzes as having potential, rather than speculating recklessly, is a sounder financial strategy than risking money through games of chance. He promotes research-based, long-term investing over uncertain gambles.