Pat Jennerjohn
Pat Jennerjohn
bring exercise grim joy later lives money people rather realizing resolution saving stop thinking
People need to make a resolution to stop thinking about saving as deprivation. It's money for the future. We look at saving as a rather grim exercise rather than realizing that it's going to bring joy to our lives later on.
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 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.
good job plan retirement
I'd like to see him working at a job that has a good retirement plan like a 401(k).
ambition buying change lottery secret tech
He has a secret ambition he's going to IPO and be a millionaire. This tech shakeup is going to change a lot of people's thinking. It's an upscale way of buying a lottery ticket. It doesn't come into the plan.
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.
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.
market pop punishing
This market is so punishing ... everything will go down. But over time, things will pop back up.
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.
commitment
I would never use (a loan) for a long-term commitment.
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.