The Money Book for the Young, Fabulous & Broke Quotes

“You need face time, not computer time. When you’re in a tough job market, it’s the personal touch that gets you the job.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“Saving is for a short-term goal that you hope to reach within five years or so. Investing is for the long term.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“building a great career for yourself rather than settling for a job that does nothing for you but pay the bills”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“You want your diversified stock portfolio to include stocks from different industries, large companies, small companies, companies here in the United States, foreign companies, new companies, and old companies.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“for the higher deductible on your car insurance; it will reduce your cost by as much as 30 percent, and will keep you in the insurance company’s good graces.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“the car costs less than $20,000, take a cash-back offer. If it is more than $20,000, a zero-percent-financing deal is better.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“You want to make sure you have many different types of stock funds (large-, mid-, and small-cap, as well as growth and value) represented.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“Some of the most important things to look for when checking underneath a fund’s hood are its fees.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“I’m going to use my good old suitcase metaphor one more time: A mutual fund is like a suitcase that holds dozens—and often hundreds—of individual stocks. If you like what is packed inside the suitcase, then you simply purchase shares of that mutual fund and, voilà, you are the proud owner of a small fraction of each one of the holdings in that suitcase. This gives you instant diversification, even though you bought just one mutual fund.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke

“If you own dozens of stocks, you will minimize the chance that any single problem will sink your ship.”
― Suze Orman, The Money Book for the Young, Fabulous & Broke