Because they hedge their positions with options, they really minimize volatility. They throw off taxable income, so they're good for tax-deferred accounts. |
Everybody knows you have to buy low and sell high but it's hard to do that. You have to have nerve to do that. |
He has a secret ambition he's going to IPO and be a millionaire. This tech shakeup is going to change a lot of people's thinking. It's an upscale way of buying a lottery ticket. It doesn't come into the plan. |
I tell clients to expect returns of 8 percent. |
I would never use (a loan) for a long-term commitment. |
I'd like to see him working at a job that has a good retirement plan like a 401(k). |
If you have something that's had a really good run, now is an opportunity to rebalance. |
It's pre-tax dollars, so if you put away $100 it's only a $60 difference in your paycheck. |
It's probably a good investment that's having a hard time. Think of the market as the culprit. |
It's psychologically hard to take money out of things that are doing well and put money in things that aren't doing well. |
Money you don't see you won't spend. People who want to retire before the traditional age have got to have more than traditional retirement accounts. |
No matter how much you love the company, Wall Street won't love it as much as you do. |
People need to make a resolution to stop thinking about saving as deprivation. It's money for the future. We look at saving as a rather grim exercise rather than realizing that it's going to bring joy to our lives later on. |
People turned their noses up at bonds until last year. They're there to stabilize your portfolio. |
Saving and investing and being prudent about your portfolio is going to get you to the point where your money works for you. |