Quotes of the Day

Comex is the world’s major silver-trading exchange. [2004] - James Turk

I have expensive attorneys, accountants, real estate brokers and stockbrokers. If the people are professionals, their services should make you money. And the more money they make, the more money I make. When I interview any paid professional, I first find out how much property or stocks they personally own and what percentage they pay in taxes. [1998] - Robert T. Kiyosaki

Time is the most important asset. If you are not willing to invest your time, then leave your investment capital with people who are following the investment plan of your choice. [2000] - Robert T. Kiyosaki

Gold has no counterparty risk. It's inherently valuable, and if you won it, that value is yours. It's immune from government depreciation, corporate misbehavior, wartime disruptions, or whatever. A few other investments have this immunity as well: real estate, for example. But even among these assets, only gold is portable, private, liquid, and eagerly accepted all over the world. [2009] - James DiGeorgia

Many retirees don't have work-related pensions and it makes sense that they should "pensionize" some of their savings by creating a guaranteed monthly income, i.e. annuities. Deal only with the top-rated companies--annuities are no good if the insurance company dies before you do! Also, even though I think annuities are underutilized, don't go overboard here. Annuities are appropriate for a percentage, not all, of retirement portfolios. [2011] - David Chilton