Skip to content
quotesby

About this quote

What does it mean?
Buying funds wisely during market declines leads to happiness over time without timing tips.
In plain terms
Buy wisely when market is down.
What can you take from it?
Buy wisely not based on tips.

Where it applies

  • bear markets
  • fund investing
  • long term goals

Putting it to work

  • invest during drops
  • avoid timing tips
  • stay consistent

Questions to consider

  • How do you choose when to buy?
  • Do you trust timing tips?

Another view

Market declines can last years so wisdom alone does not guarantee short term happiness.

More from Peter Lynch

  1. When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't k…

    Permalink to quote #7
  2. Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.

    Permalink to quote #9
  3. You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

    Permalink to quote #6

Related quotes

  1. 'In a bull market your game is to buy and hold until you believe that the bull market is near its end.'

    Jesse Lauriston LivermoreJesse Lauriston Livermore quote #1
  2. I still think we're heading higher. The long-term types like me should sit tight. I don't really see any major problems. The only thing I don't like, of course…

    Jack BakerJack Baker quote #5
  3. 'He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizin…

    Jesse Lauriston LivermoreJesse Lauriston Livermore quote #6