Frank Armstrong Quotations

Lower costs will give you higher net returns. I think cost is critically important.

Of course he's going to tell you about all the great benefits, ... He's going to stand on the table and dance.

If it's a pension plan, every dollar you take out is subject to ordinary income tax because that gain has never been taxed before and the IRS wants your money.

What you inherit may not be appropriate for you, but you can change that. It's a one-time free way to change the portfolio that meets your needs.

Here's a young guy and his wife, together making $110,000 but they're only putting 4 percent of their income into a 403(b),

The only thing that matters is profit, ... This drop in the Nasdaq is long overdue. The real question is not why it's dropping but why it got so high.

It is complicated, ... That's why people get taken advantage of. ?What happens is, predictably, they get screwed.

Why would you pay more for a big name? It comes out of your hide each and every year.

You'll get a check, ... But it might be six cents.

We wouldn't rebalance a client on a tactical basis. We would only try to get them back to their initial asset allocation.

We wouldn't rebalance a client on a tactical basis, ... We would only try to get them back to their initial asset allocation.

Why not just walk over to Vanguard and buy the S&P 500 index fund?

There appears to have been no operational police response,

We wanted someone who's an underdog. Jack was always struggling.

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.

There's no evidence that additional expenses do anything but lower your returns. Lower expense ratios are more important.

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.

The system is absurd. Saving a lot of money may impact your kid's ability to get a scholarship.

That's not an asset the state can see.

You're buying stocks on sale. There's never been a market that didn't recover.

This is disappointing news for patients and for us at Bayer. We had hoped that this agent would be a significant advance in the treatment of these diseases.

They're not losing anything in the way of deductions. And their money is locked up for a long time.

They're meant for half of one percent of the people they're sold to, ... I can't imagine who would need to invest in them.

There's a lot of overlap in his plan. You might as well hold an index fund.

It's never appropriate to take your retirement dollars and invest in company stock. It's suicidal to put all of your money in the company.

If you put all your chips on 'red 39,' of course you're going to win from time to time, ... Obviously you get periods when active managers look like they're adding value, when they're really just in a different part of the market.

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.

If your kid doesn't go to college, you subsidize your own retirement.

By expanding DFS into Canada, we are able to better meet our existing clients' needs while positioning ourselves strategically for future growth opportunities. The Canadian marketplace is a natural expansion of our industry-leading field services business and will allow us to be a single source of inspections and audits for our U.S. and Canadian clients.

He's not getting the kind of diversification he thinks because they're all in large company growth, ... If he held small company funds or value funds or foreign, he'd have wider diversification, and far lower risk.

The difference compounded over a long period of time is a lot of money.