34 Quotes by Don Cassidy

We thought there'd be a shift to growth this year because value had been leading for five or six years, but we also thought there would be a shift to large caps, which clearly hasn't happened. Meanwhile, value-oriented sectors such as financial services, banks and brokers haven't been strong, another factor helping to drive growth over value.

Too many investors tend to be backward looking. You can't just say they declared the quarterly dividend for the last 10 years, I guess they're going to keep paying it. Think about what the business conditions are.

This year the month's psychological climate also benefited from a solid rally in stocks that had begun in mid-October.

There are lots of different kinds of investing nicely matched against the structure of a closed end fund, that are not matched through other things. But this is not something you necessarily buy and hold forever. You've got to watch interest rates ... and be somewhat involved. But do you need to be an expert? No.

We and just about everybody else thought that large-cap funds would start to take over in the first quarter, but it didn't happen.

We see him as one more young man, like thousands, like millions who rather come live in the United States.

Do what you have to do to figure it out. You're never going to be perfect at this, but nobody is going to care about your money as much as you. The good news is, once you start winning the battle, it gets to be fun. It's like watching your favorite team win.

Five or six months of good markets give people increasing comfort and courage.

They always say pay yourself first, whether in mutual funds or in the bank, because if you pay yourself last, guess what? At the end of the month there's nothing left. Find some kind of investment you can live with so you can allow yourself to do it. Whether you believe Social Security will be there for you or not, it's still not going to be enough. And more is a much easier problem to have.