One of the biggest mistakes people make with their investment planning is they are too linear. They need to look at all the possibilities.
More Quotes from Ray Ferrara:
If you are not astute in managing money, are not comfortable working with a financial planner, and are concerned about the market, taking an annuity may give you greater peace of mind.Ray Ferrara
The economy continues to be stronger than most people thought it would be, particularly in light of the hurricanes. I hate being a cynic, but it is an election year (for Congress) . . . the president will do everything he can to have the economy humming, people feeling good about themselves and being employed.
Ray Ferrara
There is this natural inclination to get more timid when you lose your ability to earn money. No one wants to live with the kids and everyone wants a new car every few years.
Ray Ferrara
You might want to take an annuity if you have super longevity in your family.
Ray Ferrara
The one thing 35 years have taught me is that whatever the majority thinks is going to happen usually doesn't play out that way. The key from the investor's point of view continues to be a well-diversified portfolio.
Ray Ferrara
Readers Who Like This Quotation Also Like:
Based on Topics: Planning QuotesMake money your god and it will plague you like the devil.
Henry Fielding
What you are will show in what you do.
Thomas A. Edison
Recently I've been collecting Star Wars figures again. When I was a kid I couldn't afford them. Now I can so I've been buying them and keeping them in their box for a later date when they'll be worth a lot of money.
Mackenzie Crook