Frank Armstrong
Frank Armstrong
costs critically higher lower net
Lower costs will give you higher net returns. I think cost is critically important.
additional evidence expenses lower
There's no evidence that additional expenses do anything but lower your returns. Lower expense ratios are more important.
company far funds held large lower small thinks value wider
He's not getting the kind of diversification he thinks because they're all in large company growth, ... If he held small company funds or value funds or foreign, he'd have wider diversification, and far lower risk.
appears police
There appears to have been no operational police response,
asset client initial
We wouldn't rebalance a client on a tactical basis. We would only try to get them back to their initial asset allocation.
asset client initial
We wouldn't rebalance a client on a tactical basis, ... We would only try to get them back to their initial asset allocation.
buy vanguard walk
Why not just walk over to Vanguard and buy the S&P 500 index fund?
buying fairly high highly issues means point
We find that all the time, ... High growth, high-tech issues are at a point now when they're horrendously highly valued, which means he's excluding buying sectors that are fairly or undervalued.
jack
We wanted someone who's an underdog. Jack was always struggling.
course great stand table
Of course he's going to tell you about all the great benefits, ... He's going to stand on the table and dance.
advantage happens people taken
It is complicated, ... That's why people get taken advantage of. ?What happens is, predictably, they get screwed.
dollar gain income irs ordinary pension subject tax taxed wants
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.
change free inherit meets portfolio
What you inherit may not be appropriate for you, but you can change that. It's a one-time free way to change the portfolio that meets your needs.
guy income percent putting together
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),