“There is only one kind of life insurance, and that is pure protection based on a mortality table. All others are pure protection plus a cash value element that I call 'funny' banking.” KindValuesPureElementsTablesProtectionPlusMortalityCashBanking Book:Money dynamics for the new economy Source: Money dynamics for the new economy
“A mutual fund can do for you what you would do for yourself if you had sufficient time, training, and money to diversify, plus the temperament to stand back from your money and make rational decisions.” IfsCan DoDecisionMoneyTrainingRationalSufficientFundMutualPlusTemperamentMutual FundRational Decisions Book:The new money dynamics Source: The new money dynamics