Kenneth Fisher Quotes

My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.

To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there's a cost to sitting in cash. No one talks about that cost.

People working in the private sector should try to save money. There remains the possibility that it may someday be valuable again.

It is true that a population which is growing older needs to save, but the question is in what form the savings are made.

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

The problem is, how can we help them get rich and stay rich ourselves?

I don't want to outlive my money.

Far too many of my peers were taken in by the jet-setting rock star lifestyle and didn't realise the money might not last forever - but I have always had an eye on the future and invest in a syndicate to share risk.

I'm just trying to diversify my portfolio and put myself in a position so when I do retire, the options are limitless.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).

I think to the extent you die with money in the bank, you've miscalculated.

What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system.

I've seen so many people in this business that made a fortune. They get old and broke and can't make any money. I tell you something... no one's going to play a benefit for Jimmy Dean.

After you're older, two things are possibly more important than any others: health and money.

Youth should be a savings bank.

If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

I'm looking to expand my portfolio while I'm on top and while I'm young.

Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.

I invest in funds myself even though I run my own fund for my daughters.

Maximising my wealth was never my chief thing.

A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years.

Bonds as an asset class will always be needed, and not just by insurance companies and pension funds but by aging boomers.

You may have seen my firm's ads screaming, 'I Hate Annuities.' Folks ask why we run them. Simple: Because I do.