You normally don't get a margin call unless your securities, minus the debt, are worth 30% or less of their nominal market value. Jane Bryant Quinn More Quotes by Jane Bryant Quinn More Quotes From Jane Bryant Quinn The shortest period of time lies between the minute you put some money away for a rainy day and the unexpected arrival of rain. Jane Bryant Quinn moneytimefunny Quinn's First Law of Investing is never to buy anything whose price you can't follow in the newspapers. An investment without a public marketplace attracts the fabulists the way picnics attract ants. Stock brokers and financial planners can tell you anything they want, because no one really knows what's true. The First Corollary to Quinn's First Law states that, even when the price is in the newspapers, you shouldn't buy anything too complex to explain to the average 12-year-old. Jane Bryant Quinn moneyaverageyears The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced. Jane Bryant Quinn yieldrealclass Financial planners who take commissions have a built-in conflict of interest...even with disclosure, my choice would be a Fee-Only planner. Jane Bryant Quinn financialchoiceswould-be Lawyers are operators of the toll bridge across which anyone in search of justice has to pass. Jane Bryant Quinn bridgeslawjustice Savings will not make you rich. Only canny investments do that. The role of savings is to keep you from becoming poor. Jane Bryant Quinn becomingrolesmoney hindsight is not a strategy. Jane Bryant Quinn strategyhindsightplanning 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. Jane Bryant Quinn stay-stronggiving-upnumbers Never try to time the bond market. Anyone who claims to know the future of interest rates is certifiable. Jane Bryant Quinn interestclaimstrying It's daring and challenging to be young and poor, but never to be old and poor. Whatever resources of good health, character, and fortitude you bring to retirement, remember, also, to bring money. Jane Bryant Quinn challengesretirementcharacter It seems like only yesterday that savers were dorks. They kept piggy banks. They drove last year's cars. They fished in their change purses for nickels while the superstars flashed credit cards. Today, values have changed. The new object of veneration is not money on the hoof but money in the bank - and the dorks all have it. Jane Bryant Quinn moneyyesterdayyears Everyone needs a small-town banker. Especially in a big town. Jane Bryant Quinn townsmoneybankers Life insurance can be numbingly complicated. Clients often turn off their brains and surrender their judgment to the very agent or planner who brought on their coma in the first place. Jane Bryant Quinn clientsbrainfirsts Everyone said, 'You can't lose money in real estate, because they're not making any more of it.' Hmmmm. Where did everyone go wrong? Jane Bryant Quinn estatesrealsaid Auto insurance is a toll bridge, over which every honest driver has to pass. Jane Bryant Quinn tollsdrivingbridges The chief function of stock-market forecasters is to make astrologers look respectable. Jane Bryant Quinn chiefsfunctionlooks 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. Jane Bryant Quinn moneywanttwo It's a fact: stock investors sometimes lose money on their way to wealth. Get over it. Jane Bryant Quinn sometimesfactsway Stock prices aren't real things. They're just froth on a wave. The wave is the only real thing, which investors forget when they're watching the ticket slither by. Jane Bryant Quinn ticketsrealforget For all the huffing and puffing of the doubters, a home of our own is still the rock on which our hopes are built. Price appreciation aside (and most houses will appreciate, eventually), homeownership is a state of mind. It's your piece of the earth. It's where a family's toes grow roots. It's where the flowers are yours, not God's. Jane Bryant Quinn flowerhomeappreciation
