49. Morgan Stanley’s website “In general, the longer a bond's maturity, the higher its yield. Longer-term bonds are exposed to more market volatility and price fluctuations prior to maturity than shorter-term bonds. Thus, typically long-term bond investors are compensated with higher yields in exchange for this market risk exposure.”
51. Investopedia.com “Identifying areas where the price of an underlying asset has been unjustifiably pushed to extremely low levels is the main goal of many technical indicators such as the relative strength index, the stochastic oscillator, the moving average convergence divergence and the money flow index.”
52. My friend Paul “As the stock market is being pushed lower and lower by bad news, picture a beach ball being pushed underwater. The further you push it down, the higher it goes when you let go.”
53. Wells Fargo’s website Organize your retirement resources - If you have a number of retirement accounts at multiple financial institutions, it may make sense to consolidate them. Understand your income needs - Be sure to consider increasing costs (due to inflation) when you figure out how much annual income you will need. Manage your risk - Saving a portion of your assets in stocks may provide the growth potential necessary to outpace inflation. Create your retirement paycheck - Consider the effects of inflation, market volatility and income taxes when you’re deciding how to withdraw funds.
54. My mentor “Did you pay more for your last car than your first house.” If so, that’s why you need to buy equities.”