If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.

On the information technology side, health care is still behind other industries. There needs to be a real push to create better electronic health records, more inter-operability amongst various types of electronic systems and cybersecurity is becoming a huge deal in in health care. Health care records are highly sought after by virtue of the fact that not only do you have somebody's person financial information, you also have their person medical information.

Too many people say to their brokers, I can't deal with this. Take my money. Do what you want. That's the worst attitude you can have.

They sort of see Hillary Clinton as the status quo, more of the same, which is why the market is expected to rally should she become president. Donald Trump is more of the unknown. We could see an initial sell-off. Longer-term or midterm, their economic plans are very different.

Don't ever, ever, believe anyone who tells you that you can just get by, by doing the easiest thing possible. Because there's always somebody behind you who really wants to do what you're doing. And they're going to work harder than you if you're not working hard.

Some studies show that women can be better money managers than men because they tend to be more conservative and do their homework. Men tend to take more risks without the research.

While it's wonderful that investors have access to all the data now available to them, it has become a full-time job to sift through it and separate out the valuable news from the useless noise.