He's not getting the kind of diversification he thinks because they're all in large company growth, ... If he held small company funds or value funds or foreign, he'd have wider diversification, and far lower risk.
More Quotes from Frank Armstrong:
There's a lot of overlap in his plan. You might as well hold an index fund.Frank Armstrong
They're not losing anything in the way of deductions. And their money is locked up for a long time.
Frank Armstrong
If your kid doesn't go to college, you subsidize your own retirement.
Frank Armstrong
If it's a pension plan, every dollar you take out is subject to ordinary income tax because that gain has never been taxed before and the IRS wants your money,
Frank Armstrong
This is disappointing news for patients and for us at Bayer. We had hoped that this agent would be a significant advance in the treatment of these diseases.
Frank Armstrong
The system is absurd. Saving a lot of money may impact your kid's ability to get a scholarship.
Frank Armstrong
Readers Who Like This Quotation Also Like:
Based on Topics: Danger & Risk QuotesThere have been few things in my life which have had a more genial effect on my mind than the possession of a piece of land.
Harriet Martineau
The family, that dear octopus from whose tentacles we never quite escape, nor in our innermost hearts never quite wish to.
Dodie Smith
Great melody over great riffs is, to me, the secret of it all.
Steven Tyler