The system is absurd. Saving a lot of money may impact your kid's ability to get a scholarship.
More Quotes from 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.Frank Armstrong
Of course he's going to tell you about all the great benefits, ... He's going to stand on the table and dance.
Frank Armstrong
They're not losing anything in the way of deductions. And their money is locked up for a long time.
Frank Armstrong
These savages. These people. Think about it. To be on the floor and get your ... throat slit. They killed my brother in cold blood. That's the hard part. Someone grabs you by your hair and slits your throat on live TV.
Frank Armstrong
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.
Frank Armstrong
There's a lot of overlap in his plan. You might as well hold an index fund.
Frank Armstrong
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