• Adulting Is Easy (Lauren)

Favorite Quotes from I Will Teach You to Be Rich by Ramit Sethi (second edition)

  • “People love to argue minor points, partially because they feel it absolves them from actually having to do anything.”

  • “[Y]ou don’t have to know everything about personal finance to be rich.”

  • “People have lots and lots of reasons for not managing their money, some of them valid, but most of them poorly veiled excuses for laziness or not having spent ten minutes on research.”

  • “The single most important thing you can do to be rich is start early.”

  • “Yes, the best time to start investing was ten years ago. The second best time is today.”

  • “You choose. Be a cynic or carefully evaluate your options, knowing you’ll probably make a mistake here or there…but you’ll grow at each step of the way.”

  • “If you want to be a passenger in life, fine – go with the flow.”

  • “I don’t have a lot of sympathy for people who complain about their situation in life but do nothing about it.”

  • “I want you to be empowered to take control of your situation, no matter where in life you started from.”

  • “Cynics don’t want results; they want an excuse to not take action.”

  • “I’d rather act and get it 85 percent right than do nothing.”

  • “[I]nvestment isn’t about being sexy – it’s about making money, and when you look at investment literature, buy-and-hold investing wins over the long term, every time.”

  • “One of the key differences between rich people and everyone else is that rich people plan before they need to plan.”

  • “INVESTING ISN’T ABOUT PICKING STOCKS.”

  • “It’s ironic that people are afraid of “possibly” losing money in the stock market, when they will certainly run out of money if they don’t invest.”



  • “Although some people are limited by circumstances, most people will never get rich simply because they have poor attitudes and behaviors about money.”

  • “Remember, investing 85 percent of the way is better than not doing it at all.”

  • “Too often, our friends invisibly push us away from being conscious spenders.”

  • “I don’t know about you, but I plan to do less and less work as I go through my life.”

  • “More information is not always good, especially when it’s not actionable and causes you to make errors in your investing.”

  • “Remember that life is lived outside the spreadsheet.”

  • “Guys, you cannot reliably pick stocks that will outperform the market over the long term.”

  • “Your investment plan is more important than your actual investments.”

  • “[W]hile we all grew up with our parents telling us we were special and different, the truth is that most of us are mostly the same.”

  • “If you’re even considering buying individual stocks because you think you can beat the market or it’s sexier, I want you to take all your money, put it in a Ziploc bag and light it on fire. At least you’ll be skipping the middleman.”

  • “[T]he coolest thing about asset allocation is that you can actually reduce your risk while maintaining an equivalent return.”

  • “You do not want to live in the spreadsheet. Life is more than tweaking your asset allocation and running Monte Carlo simulations on your investments.”

  • “The best way to rebalance is to plow more money into the other areas until your asset allocation is back on track.”

  • “Real estate is the most overrated investment in America.”

  • “Anyone can be rich – it’s just a question of what rich means to you.”

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