Archive | Quote of the Week RSS feed for this section
international stocks

Quote Of The Week: The Difference Between A Good Company And A Good Investment

“There is a difference between a good company and a good investment, and that’s valuation.” David Herro, Manager of Oakmark International, at the Morningstar Investment Conference, Chicago IL, June 2018 How many times do people run across a great new product or service, and say “Wow! What a phenomenal company! I should take a look […]

Read full story Comments { 0 }
rollercoaster 1

Quote Of The Week: Is The Stock Market Correction Over?

Just when they think they’re out of the woods, investors keep getting pummeled by a stock market that can’t seem to make up its mind whether it’s headed up or down. Anne Kates Smith, Senior Editor, Kiplinger’s Personal Finance, “Is the Stock Market Correction Over?” May 10, 2018  

Read full story Comments { 0 }
house for sale 2

Quote Of The Week: The Ultra-Cheap Mortgage Era Is Over

“Mortgage rates this week jumped to their highest level since 2011, signaling a shift from a period of ultracheap loans to a higher-rate environment that could slow home price appreciation and squeeze first-time buyers.” Laura Kusisto and Christina Rexrode, The Wall Street Journal, “Mortgage Rates Hit Seven-Year High as Ultracheap Era Ends,” May 18, 2018 The Takeaway: Interest […]

Read full story Comments { 0 }
SAN FRANCISCO, CA - SEPTEMBER 08: Businessman and TV personality Mark Cuban speaks onstage at TechCrunch Disrupt at Pier 48 on September 8, 2014 in San Francisco, California.  (Photo by Steve Jennings/Getty Images for TechCrunch) *** Local Caption *** Mark Cuban

Quote Of The Week: Mark Cuban’s Best Investment Advice

Billionaire entrepreneur Mark Cuban, owner of the Dallas Mavericks basketball franchise, is known for not mincing words. He recently shared some surprisingly down-to-earth investment advice in an interview with Kitco news, talking about the investment he hates the most (gold) and his secrets to getting rich (pay off debt before investing in real estate or stocks). Here’s […]

Read full story Comments { 0 }
liz ann sonders

Quote Of The Week: What Makes Women Great Investors

Liz Ann Sonders, Chief Investment Strategist at Charles Schwab & Co., and one of the most visible women in finance, was recently interviewed by Kiplinger magazine. Here’s how she described the strengths that can help make women great investors:  “In general, they tend to have longer time horizons than men. They’re more methodical and more […]

Read full story Comments { 0 }
college

Quote Of The Week: Saving For College Won’t Hurt Financial Aid

It’s time to bust a few myths about saving for college. One we hear a lot from parents is that saving money for college will cost them in financial aid. Except for a few rare cases, this just isn’t true, as explained by higher-ed expert Lynn O’Shaughnessy below. The financial aid you may qualify for […]

Read full story Comments { 0 }
davos 2

Quote Of The Week: ‘If You’re Holding Cash, You’re Going To Feel Pretty Stupid.’

‘If you’re holding cash, you’re going to feel pretty stupid.’ Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund with $150 billion in assets, interviewed by CNBC at the World Economic Forum in Davos, Switzerland  The Takeaway:  Even though asset prices are higher than they have been in the recent past, it’s not smart […]

Read full story Comments { 0 }
home construction 3

Quote Of the Week: The Home Equity Loan Is Dead

Bad news for Americans who have borrowed $448 billion in home equity lines of credit. It’s official. The new Tax Cuts and Jobs Act, just signed into law by the President, has killed the home equity deduction as of January 1, 2018.  “There is no grandfathering,” points out Greg McBride, chief financial analyst at Bankrate.com. “A […]

Read full story Comments { 0 }
salvation army kettle (2)

Quote Of The Week: Why Charities Fear The New Tax Bill

“The new tax code further reduces the privileged status of charitable gifts, treating them the same as purchases from Walmart for the vast majority of taxpayers.” Todd C. Frankel, “Charities fear tax bill could turn philanthropy into a pursuit only for the rich,” The Washington Post, December 23, 2017 The Takeaway: Charitable gifts will still […]

Read full story Comments { 0 }
holiday meal

Quote Of The Week: Enjoy The Holidays Without Guilt

Here’s some good advice from financial columnist Jane Bryant Quinn just in time for the holidays. Jane reminds retirees and others living on a budget that it’s always important to make good decisions and monitor what they spend, but there’s no need  to “sacrifice needlessly.” “There’s no harm in spending even more of your disposable income […]

Read full story Comments { 0 }