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Letter "B" » Barbara Roper Quotes
«It's unfortunate, to say the least, that one of the best-run mutual fund companies in the country is pricing itself out of the market for middle-income investors.»
«The for-profit environment adds to the pressures and potential conflicts of interests,»
«If I had to make a choice between no advice and biased advice, I'd choose biased advice because I think there is a desperate need for it.»
«There's no question there has been enormous pressure from the Bush administration to think small. This increase is what Harvey Pitt asked for with his arm twisted halfway up his back.»
«Ultimately you can't get around the fact that forty percent of states are not inspecting advisors at all?and only thirty-six percent are inspecting them enough to form an effective deterrent.»
«The research is that the more you fiddle with your portfolio the worse you do. Investors rarely benefit from fiddling with their portfolio. My only advice to people that tweak their portfolios is to stop.»
«The proper approach is to have a long-term strategy that has a balance of different types of investments in the portfolio, so that it's built in that it deals with changing market conditions.»
«You need to get this stuff out in the open, make sure that people understand what they are paying for.»
«Who in their right mind decides we're going to lighten up on record retention policies for the new, emerging, primary way people communicate in the market? What genius came up with that idea?»
«The titles they use mean absolutely nothing. We have a marketplace for financial advice in which professionals use virtually identical titles. ... You have to dig deeper.»