“While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by 17 percent after 20 years.” YearsBalancePercentPerformancesAccountsImpactFundUnpredictableAnnualsFees Author:Arthur Levitt Jr
“Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.” LongGoalTermAccountsInvestmentFinancialSavingLong TermBuyingFundTargetRetirementCashEmergenciesInflationShort TermFundingSavingsCdsDepositsPurchasingPurchasing PowerSavings AccountsBuying Stocks Author:Suze Orman
“While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry.” YearsMeanIdeasGrowsPoorTerribleTaxesGainsPerformancesAccountsSellsSorryInvestingFundInvestorsDragPercentagesCapital GainsIndex FundsIndexing Author:William J. Bernstein
“Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.” StatesHelpingHomeKidsPurposeEconomyExampleCollegeAccountsFundCapitalistBank AccountsCapitalist Economy Author:Noam Chomsky
“I'll keep reducing my trading size as long as I'm losing My money management techniques are extremely conservative. I never risk anything approaching the total amount of money in my account, let alone my total funds.” LongRiskAmountLosingAccountsManagementSizeConservativeTechniqueFundTradingReducingMoney Management Author:Randy McKay
“If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.” IfsThinkingNeedsJobsPayCarMonthsLosingSickAccountsEightCreditDebtAccidentsSavedCardsFundRetirementMinimumProbabilityEmergenciesCredit CardCar AccidentCredit Card Debt Author:Suze Orman
“We have a deal. And so there's movement towards a peace agreement, you know, a peace accord, a cease-fire, which is great. That's fabulous. It's unfortunate that we're also bombing Syria together [with Russians], and in my view we need - what we need to do together is create a weapons embargo together and get all the parties with the program here, and also collaborate on a freeze on the bank accounts of those countries that continue to fund terrorist enterprises, the No. 1 source of that being the Saudis.” KnowsNeedsCountryTogetherViewsDealsPartyFireMovementSourceWeaponsProgramAccountsTerroristCeaseEnterpriseAgreementFundUnfortunateSyriaFabulousAccordFreezeBombingSaudisBank AccountsEmbargo Author:Jill Stein
“Hillary Clinton, herself, in a leaked State Department email identified the Saudis as still the major funder of Sunni jihad around the world. And we would basically say to our allies that we will no longer support such policies which we, ourselves, have been a party to and that we would put a freeze on the bank accounts of countries that continue to fund jihadi terrorism.” WorldHas BeensStillsCountryStatesPartySupportPolicyMajorsAccountsClintonTerrorismAround The WorldDepartmentFundAlliesEmailFreezeSaudisJihadBank Accounts Author:Jill Stein