--- title: "Meaning & Key Takeaway of: Hanging onto a bad buy will not redeem…" description: "\"Hanging onto a bad buy will not redeem the purchase.\" — Terence Conran" image: "https://sms4smile.com/quotes/i/112/terence-conran-41143_organized_hanging-onto-a-bad-buy-will-not-redeem-t_1459167.png" --- # Hanging onto a bad buy will not redeem the purchase. ![“Hanging onto a bad buy will not redeem the purchase.” quote by Terence Conran](https://sms4smile.com/quotes/i/112/terence-conran-41143_organized_hanging-onto-a-bad-buy-will-not-redeem-t_1459167.png) [Download](https://sms4smile.com/quotes/i/112/terence-conran-41143_organized_hanging-onto-a-bad-buy-will-not-redeem-t_1459167.png) [Open image](https://sms4smile.com/quotes/i/112/terence-conran-41143_organized_hanging-onto-a-bad-buy-will-not-redeem-t_1459167.png) > “Hanging onto a bad buy will not redeem the purchase.” [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Holding onto a poor purchase prevents financial improvement; let go to recover value. **In simple terms:** Bad buys hinder progress. Key Takeaway Discard unhelpful investments. Themes finance consumer decisionmaking Mood pragmatic direct Type advice financial When to use this quote - budgeting - investment strategy - personal finance Key Concepts economics behavioral finance Questions to Reflect On - When should you cut losses? - What criteria define a bad buy? ★ ★ ★ ★ ★ No ratings yet ## Related quotes > [Redeem thy misspent time that's past, And live this day as if thy last.](https://sms4smile.com/quotes/thomas-ken/redeem-thy-misspent-time-that-s-past-and-live-this-day-as-if-thy-last/) [Thomas Ken](https://sms4smile.com/quotes/author/thomas-ken/) > [Pain is essential. Often I cannot avoid it.Therefore all one can do is redeem it; and the only way to redeem it is through…](https://sms4smile.com/quotes/elie-wiesel/pain-is-essential-often-i-cannot-avoid-it-therefore-all-one-can-do-is/) [Elie Wiesel](https://sms4smile.com/quotes/author/elie-wiesel/) > [“God can allow you to pass through storms and get to your success. But what the devil loves to do is to make you…](https://sms4smile.com/quotes/israelmore-ayivor/god-can-allow-you-to-pass-through-storms-and-get-to-your-success-but/) [Israelmore Ayivor](https://sms4smile.com/quotes/author/israelmore-ayivor/) > [“We can only get to God through God. Every other possible avenue is a dead-end before it even starts.”](https://sms4smile.com/quotes/craig-d-lounsbrough/we-can-only-get-to-god-through-god-every-other-possible-avenue-is-a/) [Craig D. Lounsbrough](https://sms4smile.com/quotes/author/craig-d-lounsbrough/) > [I'm all about people being able to redeem themselves.](https://sms4smile.com/quotes/sean-waltman/i-m-all-about-people-being-able-to-redeem-themselves/) [Sean Waltman](https://sms4smile.com/quotes/author/sean-waltman/) > [“We just have to redeem ourselves. No one else is going to do it for us.”](https://sms4smile.com/quotes/j-m-lawler/we-just-have-to-redeem-ourselves-no-one-else-is-going-to-do-it-for-us/) J.M. Lawler > [“Cultivate the habit of defining, refining, redefining and redeeming your opportunities. Failure is a temporal event, not a permanent trademark.”](https://sms4smile.com/quotes/israelmore-ayivor/cultivate-the-habit-of-defining-refining-redefining-and-redeeming/) [Israelmore Ayivor](https://sms4smile.com/quotes/author/israelmore-ayivor/) > [Just when I thought you couldn't get any dumber, you go and do something like this... and totally redeem yourself!](https://sms4smile.com/quotes/harry-dunn/just-when-i-thought-you-couldn-t-get-any-dumber-you-go-and-do/) Harry Dunn > [“He have allowed us to redeem one soul already, and we go out as the old knights of the Cross to redeem more. Like…](https://sms4smile.com/quotes/bram-stoker/he-have-allowed-us-to-redeem-one-soul-already-and-we-go-out-as-the/) [Bram Stoker](https://sms4smile.com/quotes/author/bram-stoker/) > [Spain, must we some day tell Filipinas that thou hast no ear for her woes and that if she wishes to be saved she…](https://sms4smile.com/quotes/jos-rizal/spain-must-we-some-day-tell-filipinas-that-thou-hast-no-ear-for-her/) [Jose Rizal](https://sms4smile.com/quotes/author/jos-rizal/) > [Christ became one of us to redeem all of us.](https://sms4smile.com/quotes/max-lucado/christ-became-one-of-us-to-redeem-all-of-us/) [Max Lucado](https://sms4smile.com/quotes/author/max-lucado/) > [We can always redeem the man who aspires and strives.](https://sms4smile.com/quotes/johann-wolfgang-von-goethe/we-can-always-redeem-the-man-who-aspires-and-strives/) [Johann Wolfgang von Goethe](https://sms4smile.com/quotes/author/johann-wolfgang-von-goethe/) > [I was never one to run away from trouble - I intend to continue to fight my corner and try to redeem our reputation…](https://sms4smile.com/quotes/sean-quinn/i-was-never-one-to-run-away-from-trouble-i-intend-to-continue-to/) [Sean Quinn](https://sms4smile.com/quotes/author/sean-quinn/) > [The next time we hang out, I will redeem myself. My heart can rest till then.](https://sms4smile.com/quotes/miley-cyrus/the-next-time-we-hang-out-i-will-redeem-myself-my-heart-can-rest-till/) [Miley Cyrus](https://sms4smile.com/quotes/author/miley-cyrus/) > [With Yowza there are no games, you don't have to check in or become the mayor or go back home and redeem anything online…](https://sms4smile.com/quotes/greg-grunberg/with-yowza-there-are-no-games-you-don-t-have-to-check-in-or-become/) [Greg Grunberg](https://sms4smile.com/quotes/author/greg-grunberg/) ## More by Terence Conran > [If our homes should provide anything, they should provide a sense of who we are and how we got here, a sense of connection…](https://sms4smile.com/quotes/terence-conran/if-our-homes-should-provide-anything-they-should-provide-a-sense-of/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [Good design is probably 98% common sense. Above all, an object must function well and efficiently-and getting that part right requires a good deal…](https://sms4smile.com/quotes/terence-conran/good-design-is-probably-98-common-sense-above-all-an-object-must/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [Furniture and food are ways that people define their attitude toward life. They'll buy better stuff if it's offered to them.](https://sms4smile.com/quotes/terence-conran/furniture-and-food-are-ways-that-people-define-their-attitude-toward/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [I've never met a truly creative person who was happy and satisfied with life.](https://sms4smile.com/quotes/terence-conran/i-ve-never-met-a-truly-creative-person-who-was-happy-and-satisfied/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [Home is the heart of life Home is where we feel at ease, where we belong, where we can create surroundings that reflect our…](https://sms4smile.com/quotes/terence-conran/home-is-the-heart-of-life-home-is-where-we-feel-at-ease-where-we/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [The living room should be a place where we feel totally at ease - temple of the soul.](https://sms4smile.com/quotes/terence-conran/the-living-room-should-be-a-place-where-we-feel-totally-at-ease/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [People whose talents are not exploited become disenchanted and disruptive.](https://sms4smile.com/quotes/terence-conran/people-whose-talents-are-not-exploited-become-disenchanted-and/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [Arguably the only goods people need these days are food and happiness.](https://sms4smile.com/quotes/terence-conran/arguably-the-only-goods-people-need-these-days-are-food-and-happiness/) [Terence Conran](https://sms4smile.com/quotes/author/terence-conran/) > [When you struggle hard and lose money, you're a hero. 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But the water doesn't just sit in the cell, it moves through it in a very…](https://sms4smile.com/quotes/peter-agre/every-cell-in-our-body-is-primarily-water-but-the-water-doesn-t-just/) [Peter Agre](https://sms4smile.com/quotes/author/peter-agre/) Browse all 1,359 Organized quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Hanging onto a bad buy will not redeem the purchase.", "creator": { "@type": "Person", "name": "Terence Conran" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/terence-conran/hanging-onto-a-bad-buy-will-not-redeem-the-purchase/", "about": { "@type": "Thing", "name": "Organized" }, "@id": "https://sms4smile.com/quotes/terence-conran/hanging-onto-a-bad-buy-will-not-redeem-the-purchase/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/112/terence-conran-41143_organized_hanging-onto-a-bad-buy-will-not-redeem-t_1459167.png", "contentUrl": "https://sms4smile.com/quotes/i/112/terence-conran-41143_organized_hanging-onto-a-bad-buy-will-not-redeem-t_1459167.png", "url": "https://sms4smile.com/quotes/i/112/terence-conran-41143_organized_hanging-onto-a-bad-buy-will-not-redeem-t_1459167.png", "width": 1080, "height": 1080, "caption": "“Hanging onto a bad buy will not redeem the purchase.” — Terence Conran", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Terence Conran", "item": "https://sms4smile.com/quotes/author/terence-conran/" }, { "@type": "ListItem", "position": 4, "name": "Hanging onto a bad buy will...", "item": "https://sms4smile.com/quotes/terence-conran/hanging-onto-a-bad-buy-will-not-redeem-the-purchase/" } ], "@id": "https://sms4smile.com/quotes/terence-conran/hanging-onto-a-bad-buy-will-not-redeem-the-purchase/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```