Pat Jennerjohn
Pat Jennerjohn
advisor hire objective unplug wait year
Wait one year before you do anything, and hire an objective advisor and an attorney. And unplug your phone.
carrying february gone january people
Think about carrying them through. A lot of people make resolutions in January and by February they're gone with the wind.
investing money point portfolio prudent saving works
Saving and investing and being prudent about your portfolio is going to get you to the point where your money works for you.
bonds last noses people turned until
People turned their noses up at bonds until last year. They're there to stabilize your portfolio.
commitment
I would never use (a loan) for a long-term commitment.
clients expect returns
I tell clients to expect returns of 8 percent.
amount cut pay takes time
You can cut the amount of time it takes to pay it off in half.
good job plan retirement
I'd like to see him working at a job that has a good retirement plan like a 401(k).
age age-and-aging money people retire retirement
Money you don't see you won't spend. People who want to retire before the traditional age have got to have more than traditional retirement accounts.
good income minimize positions taxable throw
Because they hedge their positions with options, they really minimize volatility. They throw off taxable income, so they're good for tax-deferred accounts.
hard money
It's psychologically hard to take money out of things that are doing well and put money in things that aren't doing well.
difference
It's pre-tax dollars, so if you put away $100 it's only a $60 difference in your paycheck.
buy everybody hard high knows low nerve sell
Everybody knows you have to buy low and sell high but it's hard to do that. You have to have nerve to do that.
connects mind money
There's a very important neurological connection. Your mind connects money with money.