This quote by Bernard Baruch is a suggestion to financiers that it is very important to take earnings when they are offered. It is a reminder that it is much better to take a revenue than to risk shedding cash by keeping an investment for too lengthy. The quote is likewise a reminder that it is very important to be disciplined when investing and also to not get as well hoggish. Taking earnings when they are offered can help to safeguard a financier from losses as well as can help to make sure that they have the ability to maximize their returns. It is necessary to keep in mind that while taking revenues can help to protect an investor from losses, it is likewise vital to be knowledgeable about the threats associated with any kind of investment.
"Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it"
"I don't understand the whole dating thing. I know right off the bat if I'm interested in someone, and I don't want them to waste their money on me and take me out to eat if I know I'm not interested in that person"