18 Quotes by Ron Pearson

Therefore, a portfolio with 10 or even 15 funds is not uncommon.

She is off to a good start, ... and with savings discipline, she has a good chance of achieving her goals.

He needs to maximize his savings for his own retirement as well as his daughter's education, yet his debt is absorbing 43 percent of his monthly income.

I won't even begin to work with a client until they have completed a letter of intent, which deals with your hopes and dreams for the child, ... I tell the mom, who is often the one who writes it up, that they should write it as if they were an angel on the shoulder of the designated caregiver. She should include everything she would whisper in their ear.

Financial freedom is so intertwined with what a person wants to achieve in life. It doesn't necessarily mean never having to work again, but instead has more to do with realizing your own dreams.

You have to remember to tell all your relatives not to pass money on under the child's name, ... Anyone can blow up your plan.

Even for middle-income and upper middle-income clients, when I tell them they are looking at sometimes half a million dollars or more they'll need to leave behind, they usually say they don't have it,

Saving $2,000 annually in an Education IRA (starting in 2002) or a college savings plan (529 plan) earning 8 percent should provide the needed money, ... The Education IRA has the most flexibility since the new tax law allows money to be spent on computer technology, Internet access or K-12 expenses in addition to college costs.

quality funds in a well-diversified portfolio that earned 9.3 percent (all accounts) in the last 12 months, whereas the S&P 500 lost 14.8 percent.