The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.

No one in his right mind would walk into the cockpit of an airplane and try to fly it, or into an operating theater and open a belly. And yet they think nothing of managing their retirement assets. I've done all three, and I'm here to tell you that managing money is, in its most critical elements even more demanding than the first two.

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.

Bluntly put, there's no chance that your doctor, dentist, or attorney is a high-school dropout. Your stockbroker, however, just might be.

There are two kinds of investors, be thay large or small: those who don't know where the market is headed, and those who don't know that they don't know.

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

The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.