Quotations
Famous Quotations
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Frank Armstrong Quotes
«There's no evidence that additional expenses do anything but lower your returns. Lower expense ratios are more important.»
Author: Frank Armstrong
«If you're 22 and just out of school, you can afford to make a risk because you'll have a lot of time to make it up before you retire. For somebody mid-career, you can take a chance, but if you do that, you have to protect your investment capital -- your IRA and your other savings.»
Author: Frank Armstrong
«It's never appropriate to take your retirement dollars and invest in company stock. It's suicidal to put all of your money in the company.»
Author: Frank Armstrong
«If you put all your chips on 'red 39,' of course you're going to win from time to time, ... Obviously you get periods when active managers look like they're adding value, when they're really just in a different part of the market.»
Author: Frank Armstrong
«Lower costs will give you higher net returns. I think cost is critically important.»
Author: Frank Armstrong
«Stuff every penny away that you can.»
Author: Frank Armstrong
«You're buying stocks on sale. There's never been a market that didn't recover.»
Author: Frank Armstrong
«Here's a young guy and his wife, together making $110,000 but they're only putting 4 percent of their income into a 403(b),»
Author: 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,»
Author: Frank Armstrong
«The IRS just doesn't care about romance,»
Author: Frank Armstrong