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Quote by Jane Bryant Quinn

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Making the Most of Your Money Now: The Classic Bestseller Completely Revised for the New Economy

This book provides practical advice on saving, investing, and making smart financial decisions, tailored to the changing economic landscape. more

Author

Jane Bryant Quinn
Jane Bryant Quinn

Jane Bryant Quinn is an American journalist born on February 5, 1939. She is renowned for her reporting on personal finance and consumer news, serving as a columnist for 'U.S. News & World Report' and contributing articles to various publications. more

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“Life insurance can be numbingly complicated. Clients often turn off their brains and surrender their judgment to the very agent or planner who brought on their coma in the first place.”

“It seems like only yesterday that savers were dorks. They kept piggy banks. They drove last year's cars. They fished in their change purses for nickels while the superstars flashed credit cards. Today, values have changed. The new object of veneration is not money on the hoof but money in the bank - and the dorks all have it.”

“There is a secret to investing that cuts a path directly to the profits that you're looking for. The secret is simplicity. The more elementary your investment style, the more confident you can be of making money in the long run.”

“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.”

“You don't date an annuity, you marry it. An annuity isn't a mutual fund that you buy today and sell tomorrow. Nor is it a certificate of deposit, ready for any new use at maturity. When you buy an annuity, you are making (or ought to be making) a 15- or 20-year commitment, at least.”