Asset Allocation Quotes

“The 2012 Ibbotson® Stocks, Bonds, Bills, and Inflation® Classic Yearbook, published by Morningstar, Inc., is one of the best sources of up-to-date information regarding the performance of various U.S. capital market investment alternatives. The data cover the period from 1926 to the present.”
― Roger C. Gibson, Asset Allocation: Balancing Financial Risk

“No liquid investment alternatives with stable guaranteed principal values exist that can provide real returns by consistently beating the combined impact of inflation and income taxes.”
― Roger C. Gibson, Asset Allocation: Balancing Financial Risk

“Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve. —Talmud (c. 1200 BC–AD 500)”
― Roger C. Gibson, Asset Allocation: Balancing Financial Risk

“I hope that almost every adult will become an investor. When I became an investment counselor there were only 4 million shareholders in America, and now there are 48 million. The amount of money invested in American mutual funds is now 1,000 times as great as it was 55 years ago. Thrift, common sense, and wise asset allocation can produce excellent results in the long run. For example, if you begin at age 25 to invest $2,000 annually into your Individual Retirement Account where it can compound free of tax, and if you average a total return of 10 percent annually, you will have nearly a million dollars accumulated at age 65.”
― Roger C. Gibson, Asset Allocation: Balancing Financial Risk