Savings

“I find that retirement savings is individual specific. There’s not one cookie-cutter answer for everybody.”

“After many years of studying Wall Street’s victors and victims, I must conclude that the American public still insists on losing its savings every time the old hook is baited with the immortal easy-money worm. After every smash the blame is laid on the hook and not on the hunger.”

“There is no great secret in fortune making. All you have to do is to buy cheap and sell dear, act with thrift and shrewdness and then be persistent.”

“Savings is the key to creating wealth.”

“I have lost a lot of money in some bad savings and loans. I have lost money in bad banks. And I have lost money in electronics companies. It is very easy to lose money in the stock market.”

“The key is to save as much as you can, as early as you can.”