Jim Rogers Quotes

There is a time to make money and a time to not lose money.

Money comes and goes. I may make a million dollars, then get a divorce and damn near lose all of it.

I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.

I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have

By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.

Only put money in the banking system that you can afford to lose!

I am very conservative. I don't invest in anything that is risky. If someone comes to me with a project idea, I let them risk their money, not mine.

The last thing you want to do, unless it's a very unusual situation, is to invest money.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

My opinion is just be very careful when you're young and making the money.

That's why I be so careful with my money and always try to invest. I see people who have it all and then lose it.

Never lend people money you can't afford to give them as a gift.

My father invested his money so securely in the banking business that he was never able to get any of it out again.

As a matter of fact I trade in accordance to my means and always leave myself an ample margin of safety.

I'm smart with my money, I invest conservatively. I don't mind paying top-dollar, but I don't want to get ripped off.

I don't want to be a thief of my own wallet.

Millions have been taken from me. If you are not on top of it and you make a lot of money, and you trust business managers, then, yes, money will be taken from you.

I haven't been as wild with my money as somebody like me might have been. I've been very safe, very conservative with investments. I don't blow money. I don't have a ton of houses. I know things can go away. I've already had that experience.

People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.

That's the biggest rule in Hollywood: Don't spend your own money.

The things that I've learned is, try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner's money or assets, you've learned, and you don't make bigger mistakes.

The government can’t guarantee that you should earn profit from your investments.

Whoever gambles with the dollar, loses

There are two times in a man's life when he should not speculate [on the Stock Market]: when he can't afford it, and when he can.

There is scarcely an instance of a man who has made a fortune by speculation and kept it