The 3 Simple Rules of Investing Quotes

“Government inflation-protected securities (in the United States, these are Treasury Inflation-Protected Securities, or TIPS) A low-cost total U.S. domestic equity (stock) index fund, either a mutual fund or an exchange-traded fund (ETF—i.e., a sort of mutual fund that can be traded like stocks on an exchange) A low-cost total international equity index fund, either a mutual fund or an ETF Single-premium income annuities Low-cost term life insurance”
― Michael Edesess, The 3 Simple Rules of Investing: Why Everything You've Heard About Investing Is Wrong—and What to Do Instead

“1. Superrich individuals with multigenerational wealth and institutional investors (investors who are managing huge assets that represent, e.g., a corporation’s or state government’s retirement fund for its employees or an endowment at a university). 2. Reasonably well-off people 3. People who are getting by 4. Struggling individuals (the working poor)”
― Michael Edesess, The 3 Simple Rules of Investing: Why Everything You've Heard About Investing Is Wrong—and What to Do Instead