Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains.
--
John Bogle
Related quotes (
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Not everything that can be counted counts, and not everything that counts can be counted.
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.
Wealth is like sea water; the more we drink, the thirstier we become; and the same is true of fame.
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
There's a fine line between being disciplined and being stubborn when it comes to investing.
The individual investor should act consistently as an investor and not as a speculator.
Buy what thou hast no need of and ere long thou shalt sell thy necessities.
Tis against some men's principle to pay interest, and seems against others interest to pay the principal.
Without continual growth and progress, such words as improvement, achievement, and success have no meaning.
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