Hopefully we won't lose sight of these lessons the next time there's a bull market.
More Quotes from Rick Applegate:
When it comes to owning company stock in your 401(k), by and large, it should be limited, ... Consider it to be high risk.Rick Applegate
All this fury about what is going on in the funds has created a bit of a mob mentality. People have no patience anymore and they will pull their money out. They may bite off their nose and think they're saving their face.
Rick Applegate
Ruiz and his gang continued to commit crimes over and over again while out on bail. It is apparent to us the only way they're going to stop ripping people off is if they're locked up.
Rick Applegate
This is now the 57th quarter of profitability since 1991, a pretty strong story. They are doing what they can do keep their unit costs down as much as possible with careful growth.
Rick Applegate
It's far better to get the financial advice.
Rick Applegate
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I don't care how small the parts are, as long as they're good.
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