You get the most out of what you need the least.

You don't date an annuity, you marry it. An annuity isn't a mutual fund that you buy today and sell tomorrow. Nor is it a certificate of deposit, ready for any new use at maturity. When you buy an annuity, you are making (or ought to be making) a 15- or 20-year commitment, at least.

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

You get the most out of what you need the least.

The rule on staying alive as a forecaster is to give 'em a number or give 'em a date, but never give 'em both at once.

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.

The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.