For the taxable investor, indexing means never having to say you're sorry.

The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.

Do the math. Expect catastrophes. Whatever happens, stay the course.

The key thing about any fund is to make sure its expenses are low. You know, if you look at the funds in your plan and you see that they're all charging 1.5 and 2 percent,you've gota bad plan.

The definition of investment is the deferring ofpresent consumption for future consumption. So, you dohave to be willing to defer. And there are a couple of tricks that you can use to save money. One of them is simply to pay yourself first.

Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

You have to ask yourself, what are the things that matter to you most in your life? If you have to have a latte every day that'snice to have right now, but if you take that latte every day right now, you may wind up eating cat food when you are 70. And you have to decide which is worse.