Pat Jennerjohn Quotations

Money you don't see you won't spend. People who want to retire before the traditional age have got to have more than traditional retirement accounts.

I'd like to see him working at a job that has a good retirement plan like a 401(k).

Because they hedge their positions with options, they really minimize volatility. They throw off taxable income, so they're good for tax-deferred accounts.

He has a secret ambition he's going to IPO and be a millionaire. This tech shakeup is going to change a lot of people's thinking. It's an upscale way of buying a lottery ticket. It doesn't come into the plan.

People need to make a resolution to stop thinking about saving as deprivation. It's money for the future. We look at saving as a rather grim exercise rather than realizing that it's going to bring joy to our lives later on.

I tell clients to expect returns of 8 percent.

I would never use (a loan) for a long-term commitment.

You can cut the amount of time it takes to pay it off in half.

Wait one year before you do anything, and hire an objective advisor and an attorney. And unplug your phone.

Think about carrying them through. A lot of people make resolutions in January and by February they're gone with the wind.

People turned their noses up at bonds until last year. They're there to stabilize your portfolio.

Saving and investing and being prudent about your portfolio is going to get you to the point where your money works for you.

If you have something that's had a really good run, now is an opportunity to rebalance.

Everybody knows you have to buy low and sell high but it's hard to do that. You have to have nerve to do that.

No matter how much you love the company, Wall Street won't love it as much as you do.

It's psychologically hard to take money out of things that are doing well and put money in things that aren't doing well.

It's probably a good investment that's having a hard time. Think of the market as the culprit.

It's pre-tax dollars, so if you put away $100 it's only a $60 difference in your paycheck.

This market is so punishing ... everything will go down. But over time, things will pop back up.

There's a very important neurological connection. Your mind connects money with money.