You normally don't get a margin call unless your securities, minus the debt, are worth 30% or less of their nominal market value.

Three reasons not to have a [spending] plan: 1. You're rich enough to buy anything you want and still have plenty of money left over. 2. I forget the other two.

Financial planners who take commissions have a built-in conflict of interest...even with disclosure, my choice would be a Fee-Only planner.

Life insurance can be numbingly complicated. Clients often turn off their brains and surrender their judgment to the very agent or planner who brought on their coma in the first place.

Lawyers are operators of the toll bridge across which anyone in search of justice has to pass.

hindsight is not a strategy.

The shortest period of time lies between the minute you put some money away for a rainy day and the unexpected arrival of rain.