5 Warren Buffett quotes that could help you prosper in this stock market crash

first_imgSimply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! When investing feels challenging, as it does at the moment, I always find it useful to draw on the wisdom of the greatest investor of all time, Warren Buffett.Since Buffett began investing in the 1960s, he’s experienced a number of steep stock market declines, including the 1973/1974 crash, the ‘Black Monday’ crash in 1987, and the Global Financial Crisis (GFC) of 2008/2009. Yet he’s still managed to generate returns of over 2,000,000% for his investors. With that in mind, here are five gems from Buffett that I think are particularly relevant right now.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…“Widespread fear is your friend as an investor because it serves up bargain purchases”This quote is a great place to start in the current environment because investor fear levels have been off the charts recently. Indeed, the CBOE VIX index, which is often referred to as the ‘fear index’, has risen to a level not seen since the GFC. Buffett suggests we should use this fear to our advantage. As he says, fear serves up bargains.“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”This quote refers to the fact that compelling buying opportunities (bear markets) don’t come around all that often. For example, the last time stock prices fell as much as they have recently was 2008. Buffett’s advice? Don’t be afraid to buy up big when stocks are super cheap. You don’t want to look back at this time as a missed opportunity.“The best thing that happens to us is when a great company gets into temporary trouble… We want to buy them when they’re on the operating table”This is another top quote that is very relevant right now because there are a lot of great companies that appear to be in temporary trouble, due to the coronavirus.Take alcoholic beverages champion Diageo, for example. This is a top-shelf company with a fantastic track record and a compelling future growth story. Yet its share price has tanked because, in the near term, it’s likely to see a hit to profits due to the coronavirus. This temporary setback could be an amazing buying opportunity for investors.“We’re buying businesses to own for 20 or 30 years. We think the 20- and 30-year outlook is not changed by the coronavirus”Buffett’s advice is to think long term-term, however, if you’re a buyer of shares in this market. Volatility could remain high for a while. So, if you buy a stock today, don’t worry about what it does tomorrow, next week, or next month. Instead, give yourself a long-term investment horizon, as he does.“In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497”Finally, this quote is a great summary of the type of shocks the stock market has to endure over time. Last century, stocks were impacted by all kinds of catastrophic events, all of which would have scared investors at the time. Yet the Dow Jones index still generated incredible long-term returns for investors. That’s certainly something to keep in mind right now, given the challenges we are currently facing. See all posts by Edward Sheldon, CFA Enter Your Email Address Image source: The Motley Fool Edward Sheldon owns shares in Diageo. The Motley Fool UK has recommended Diageo. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img 5 Warren Buffett quotes that could help you prosper in this stock market crash Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Edward Sheldon, CFA | Wednesday, 25th March, 2020 I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

Talks continue at Stormont as gulf remains between SF and DUP

first_img Facebook Talks continue at Stormont as gulf remains between SF and DUP Homepage BannerNews Facebook WhatsApp By News Highland – March 7, 2017 Google+ Pinterest Politicians are meeting again today at Stormont as they try to form a new Government.However the two main parties are at loggerheads as Arlene Foster refuses to step aside as DUP leader.Sinn Fein’s vowed not to re-enter any agreement with her as first minister.Foyle MP Mark Durkan hopes they can put their differences aside, and allow the resumption of power sharing…………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/03/10durkan.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.However, Sinn Fein’s Stormont leader Michelle O’Neill says there are serious issues with the DUP, and also with the Northern Secretary James Brokenshire………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/03/08oneill.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Google+ Man arrested on suspicion of drugs and criminal property offences in Derry WhatsAppcenter_img Gardai continue to investigate Kilmacrennan fire Previous articleRyan Reynolds and Hugh Jackman had another classic exchange on TwitterNext articleIPU supports implementation of Kerr report in order to save PO network News Highland Main Evening News, Sport and Obituaries Tuesday May 25th Twitter RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Pinterest Twitter 75 positive cases of Covid confirmed in North Further drop in people receiving PUP in Donegal last_img read more

Get off the lending hamster wheel

first_img continue reading » We spend an inordinate amount of time, marketing, sales dollars, and imagination to originate new loans.Our collective creativity has created a loan origination process that includes quick loan decisions, the use of electronic signatures, omni-channel delivery, point of sale (POS) financing, triggers, and teams of credit union professionals who know how to make the member loan origination experience a “wow.”Yet we find that our net loan growth is only a fraction of our new originations.The challenge is that we have not perfected a means to retain the loans once they are a part of our portfolio. 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

Fifa announce plans to raise $1bn for Africa

first_img Source: BBC Football’s world governing body has announced plans to raise $1bn dollars to build at least one stadium meeting Fifa standards in each African country.Fifa president Gianni Infantino was talking in Lubumbashi during the 80th anniversary celebrations of DR Congo side TP Mazembe.He insisted that Fifa wants African football to shine and will work with the Confederation of African Football (Caf) and other stakeholders to improve refereeing, infrastructure and competitions on the continent.“We want to bring it (Africa) to the highest of heights and show the world the outstanding talent and amazingly gifted players your continent possesses,” he said.“To do this, we want to implement a three pillar approach: refereeing, infrastructure and competitions, in close cooperation with Caf, all of its 54 member associations across Africa and other stakeholders.“I am positive that we will make African football reach the top level where it should be because the quality and potential are definitely here.”One of the plans is for Fifa to create a professional and elite group of African referees who will be independent of administration and political bodies.This follows on from the decision taken in the last executive committee meeting of Caf where a decision to implement reforms in the refereeing sector was approved.On infrastructure, Infantino said Fifa would mobilize companies and entrepreneurs to raise around $1bn with the objective of building at least one stadium that complies with Fifa’s standards in each African country.He said Fifa will focus on developing new and better competitions to generate more revenue so that the African clubs can retain talented players.Infantino hinted at the possibility of creating an African League that would see the best clubs from the continent play against each other, without giving further details or outlining how the plan might impact the Champions League.He also talked about plans to organize regional competitions and youth tournaments to further help the development of young players in Africa.Infantino who is touring selected African along with his general secretary Fatma Samoura, Caf president Ahmad Ahmad and African legend Samuel Eto’o among other people.He then took part in a commemorative match that featured Eto’o, Zambian legend Kalusha Bwalya and TP Mazembe owner Moise Katumbi.last_img read more