24 ordspråk av Doug Flynn
Doug Flynn
After tax and after inflation, your return on bonds will be negative.
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Begin with the end in mind.
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Financials do poorly when inflationary fears are high.
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Focus debt payments on the credit card, then the car, and then the student loans -- always pay your loans in interest rate order, not in order of balance size.
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I thought it was Ricardo Montalban at first. It's wonderful. You've got to be a good sport to have something like that done and, of course, Richie is.
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I'm very fortunate just to be part of the first group that they're bringing back in. Not sure exactly what I'm going to do, if I'm going to be in a uniform or if I'm going to hang out and talk. But I'll be prepared for whatever happens the next couple of days.
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If you get term insurance, you can always convert it to permanent protection later on, if [you] have a mortgage or kids to think about.
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If you're more than five or 10 years away from retirement, this is a buying opportunity.
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It's unfortunate it's gotten to the point where the average fan can't hardly get an autograph because of all the people who are trying to take advantage of it. They're more than gracious to sign programs and things to help the charities, but they have to watch out for the pros who walk up with a backpack full of memorabilia they want them to sign. The big-name guys can spot them because they see them all the time.
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People are committed when they know what they're committed to.
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People do feel better about investing. But they are still very skeptical about the recovery and their expectations are way down.
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Some of the biggest companies have some of the worst 401(k) plans I've ever seen. But Joe's Plumbing might have a great 401(k).
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Stay away from short-term or long-term bond funds. These will do poorly in a rising interest-rate environment.
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There's never one number that tells you the end-all.
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This should definitely be part of your portfolio in this kind of environment.
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