Investment Choices Quotes

There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you?

At the heart of Erisa is the requirement that plan fiduciaries act with an 'eye single' to funding the retirements of plan participants and beneficiaries. This means investment decisions must be based solely on whether they enhance retirement savings, regardless of the fiduciary's personal preferences.

Who doesn't want to have a yacht? But I would prefer to invest my money in something else. But I love them. I just wouldn't buy one unless I had a lot, a lot of money.

Given that ever-broadening array of options and alternatives, as consumers and investors, we are often bewildered. We need guidance. That's where today's brands come in. They are not so much signals about a particular product, they are signals about good judgment, trustworthiness. A big brand, whether it's Schwab or Disney, is becoming analogous to a portal that sells us advice about where we can find great deals.

Republicans are suggesting that you take your retirement money and invest it in the stock market to take care of yourself but that leaves you with choices that you may not know anything about. The purpose of social Security is that you don't fall through the crack and find yourself destitute.

The best investments are the easiest ones to approve.

If I own stock in your company and you move offshore for tax reasons I'm selling your stock. There are enough investment choices here.

When I started making some paychecks, I didn't invest in stocks and bonds - I invested in American culture.

People will make worse financial decisions for them if they're choosing from a lot of options than if they're choosing from a few options. If they have more options they're more likely to avoid stocks and put all their money in money market accounts, which doesn't even grow at the rate of inflation.

I do think that people ought to have some control over their money, rather than the government, just mandating to them how they're going to invest their money.

There's a need for accepting responsibility - for a person's life and making choices that are not just ones for immediate short-term comfort. You need to make an investment, and the investment is in health and education.

I always think people vote with their wallets and their pocketbooks.

Some people want to give money to their children, buy houses, go on a holiday - whatever it is that they want to invest in. This particular journey has been something that I wanted to do most of my life, but there was no real opportunity to do so.

I think I'm pretty smart on what I spend my money on. I still don't have a new car, I drive my old car that I've had forever. But I bought a house in downtown Chicago.

What would be better, that people build big houses thinking that they'll make capital gains or that they send their children to medical school and they do research on curing diseases? When you put it that way, it seems obvious. There has developed a sense of personal worth that's tied to one's house.

I don't invest in the stock market. I did it a long, long time ago when I was really young, and I got involved in all the investigations and all the prosecutions, and I felt it was better if I didn't make individual investments. So I'm invested in funds, but not in individual - not in individual stocks.

I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.

Like, people are less likely to invest in their retirement when they have more options in their 401K plans than when they have fewer.

You can find the money, you'll be okay, but the things that you choose to invest your energy in, that shapes your life and your path and where you go from there. I find that when I'm a part of things that I believe in and I love, it leads to more things like that.

I used to collect Persian rugs and real estate - you should be able to walk on and live in your money. I had to give up the rugs because I'm allergic to mould.

The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The greater the number of selections, the less will be the average year-to-year variation in actual versus expected results. Also, the lower will be the expected results, assuming different choices have different expectations of performance.