Retirement and Articles
Get the most from your retirement finances with these must-read articles and quotes.
Big Financial Players Agree with our Thinking
Each of these quotes point toward our strategies as the key to investment success.
"If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes."
~Warren Buffet, CEO of Berkshire Hathaway and Richest Man in the World
"The sad truth is that over the past five years fewer than one stock fund in four beat the unmanaged S&P 500 while an astonishing 76% did worse. This means quite literally that the overwhelming majority of these money managers are getting their megabuck salaries for reducing our returns."
~Louis Rukeyser, Economic Guru and Thirty-Year Host of Wall Street Week
"Goldman Sachs Group Inc., Morgan Stanley, Merrill Lynch & Co., Lehman Brothers Holdings Inc. and Bear Stearns Cos. are about to reward their 173,000 employees with $36 billion in bonuses. The average windfall for each individual at the five largest U.S. securities firms will be enough to buy a $165,000 Bentley Continental GT — the two-door coupe favored by Paris Hilton and Cher. They'll have plenty of change for a box of Romeo y Julieta cigars and a case of Pol Roger champagne — the stuff enjoyed by Winston Churchill, Britain's prime minister in the 1940s and 1950s. This year will be the best ever for the major brokerage firms."
~Bloomberg News
"The idea you can beat the indices over time is a fairy tale."
~Money Magazine
Feel Comfortable with Your Retirement Assets
The following articles describe annuities in more detail, as well as give opinions and thoughts.
Check out the Retirement Income Blog. Discuss topics including retirement income, retirement investing and retirement planning done right.
November 12, 2008 — The I-70 Scout — PERA pension fund drops by $10 billion
April 30, 2008 — Forbes.com — Buffett: New Advice From On High
August, 2006 — Money Magazine — Start.08.06
March, 2006 — Money Magazine — Is Your Fund Pro Finally a Prince?
April 28, 2005 — USA TODAY — Once-Mighty Magellan Falls to Fifth Place
March 23, 2004 — USA TODAY — Fear of Terrorism Jolts Stock Market
January, 2002 — Louis Rukeyser's Mutual Funds' Newsletter — How to Prevent Lousy Mutual-Fund Managers from Running You Into the Poorhouse
