Doug Flynn
Doug Flynn
Robert Douglas Flynn, Jr.is a former Major League Baseball infielder. He was one of the players sent to the New York Mets in exchange for Tom Seaver...
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What happens is most plans aren't that great. You do the best you can with the choices.
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Some of the biggest companies have some of the worst 401(k) plans I've ever seen. But Joe's Plumbing might have a great 401(k).
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After tax and after inflation, your return on bonds will be negative.
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I'm very fortunate just to be part of the first group that they're bringing back in. Not sure exactly what I'm going to do, if I'm going to be in a uniform or if I'm going to hang out and talk. But I'll be prepared for whatever happens the next couple of days.
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Focus debt payments on the credit card, then the car, and then the student loans -- always pay your loans in interest rate order, not in order of balance size.
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There's never one number that tells you the end-all.
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People do feel better about investing. But they are still very skeptical about the recovery and their expectations are way down.
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You're never going to get supercharged performance in your 401(k).
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It's unfortunate it's gotten to the point where the average fan can't hardly get an autograph because of all the people who are trying to take advantage of it. They're more than gracious to sign programs and things to help the charities, but they have to watch out for the pros who walk up with a backpack full of memorabilia they want them to sign. The big-name guys can spot them because they see them all the time.
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We're in inning 2 of the new ballgame. So get in and let it go the rest of the innings.
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What this comes down to is you have to take the best you can in your plan. I suggest people talk to their companies and ask them to increase the options.
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If you're more than five or 10 years away from retirement, this is a buying opportunity.
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This transaction is a major development in our global pest control strategy and significantly improves our scale and opportunity in this attractive market.
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Financials do poorly when inflationary fears are high.