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Letter "R" » Russell Kinnel Quotes
«We expect the Vanguard 500 Index Fund to surpass the Magellan Fund in terms of net managed assets by late next year or early 2000.»
«You need to develop an investment plan and understand what risks you're taking.»
«You need to be diversified because you don't know which sector is going to get hit next. Just realize that nothing is ever that easy and that every recession is different.»
«If the market goes down 10 percent tomorrow, you're not jumping out the window.»
«Economists are expecting things to gradually improve but realize that we are in a tougher environment now. I expect that 3 to 5 years from now we'll have some respectable gains of 5 percent to 10 percent annualized returns, but don't build a plan for anything better than that.»