If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.
--
John Bogle
Related quotes (
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I say to you never involve yourself in debt, and become no man's surety.
Live within your means, never be in debt, and by husbanding your money you can always lay it out well.
When you get in debt you become a slave.
The real measure of your wealth is how much you'd be worth if you lost all your money.
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
Creditors have better memories than debtors.
Without continual growth and progress, such words as improvement, achievement, and success have no meaning.
A bank is a place that will lend you money if you can prove that you don't need it.
If you're thinking of debt, that's what you're going to attract.
Costs are like fingernails, they always have to be cut.
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