“Quinn's First Law of Investing is never to buy anything whose price you can't follow in the newspapers. An investment without a public marketplace attracts the fabulists the way picnics attract ants. Stock brokers and financial planners can tell you anything they want, because no one really knows what's true. The First Corollary to Quinn's First Law states that, even when the price is in the newspapers, you shouldn't buy anything too complex to explain to the average 12-year-old.” KnowsWayWantYearsFirstsStatesLawMoneyInvestmentComplexesInvestingFinancialAverageNewspapersAntsMarketplacePicnicsPlannersBrokersQuinnStock Broker Book:Making the Most of Your Money Source: Making the Most of Your Money
“A faithfully kept program of savings and conservative investments can give you more money and a better life than that of your neighbors who spend everything they get. This is probably the oldest financial advice in the world, but there are some things you can't improve on.” WorldGivingMoneyAdviceProgramInvestmentFinancialConservativeNeighborSavingMore MoneyBetter LifeSavingsFinancial Advice Book:Everyone's money book Source: Everyone's money book
“Financial planners who take commissions have a built-in conflict of interest...even with disclosure, my choice would be a Fee-Only planner.” Would BeChoicesInterestConflictBuiltFinancialFeesDisclosurePlannersConflict Of Interest Author:Jane Bryant Quinn
