A good financial planner is going to do more than pick your funds.
Thankfully, in my youth I had the best financial advisor a son could ask for: my dad Walter. When I got that first signing bonus in 1978, Dad took my cheque, announced, 'This is what we're going to do,' and bought an annuity with it.
Rich people take advice from people who are richer than they are. Poor people take advice from their friends, who are just as broke as they are.
Thank God I have a financial planner who is really conservative.
I was a writer for 'New York' magazine. I had been to business school, but what did I know? Still, everybody from the receptionists on up to the editor would ask me what they should do with their money.
I have observed that money left without special guidance is sometimes used well and sometimes not.
When getting help with money, whether it is insurance, real estate or investments you should always look for a person with the heart of a teacher, not the heart of a salesman.
The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think.
God's Word is your owner's manual for life. It contains principles for health, finance, marriage, other relationships, business, and much more.
My investment advice is rooted in my understanding of economics.
When I come to work each day, whether as a commentator for TheStreet.com or a host of Mad Money With Jim Cramer, I have only one thought in mind: helping people with their money.
Now, you'll have to answer my questions." "Oh, very well," Set said. "I like Brazil for the World Cup. I'd advise investing in platinum and small-cap funds. And your lucky numbers this week are 2, 13--" "Not those questions!" Menshikov snapped.
Many people are in the dark when it comes to money, and I'm going to turn on the lights.
I have good people around me who guide me, tell me where I should put my money.
Floyd has done a lot for me financially and has taught me a lot about business. He did great in making money during his career and he tells me a lot of what he's working on.
Financial planners are salespeople. They are NOT teachers. Get your education from someone NOT getting a commission.
As an old junk pusher told me, 'Watch whose money you pick up.'
Let the good people teach people how to be rich.
I made money in my 20s, became sober in my 30s, looked around, and didn't know who I could trust for money advice.
I have millions of dollars, and I don't know finance. I've had some bad things happen in my career. I've got to educate myself. I sit down with my finance guy once a month and go over everything, line by line.
I don't give investment advice.
If I was counselling an individual, and my purpose was to help that individual, the most important thing would be that you should save more. Because don't expect that your retirement will follow those trajectories that some advisers are telling you.
It's fine to seek professional help, but I urge everyone - no matter how big their portfolio - to truly understand every suggestion they're given before acting.
Financial advice needs to change according to what is happening in the economy.
Whether you're a veteran seeking assistance with benefits, or you need help with Social Security or the IRS, we're here to serve you and we'll do everything we can to help.
