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Letter "L" » Larry Thurmond Quotes
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«It's the culture that we live in. Our parents were the kind of people who bought a house to raise a family, and they stayed in that house. By staying in that house, they built equity. But with the quick buy today, and getting a house with no money down, the maximum time we spend in a house is about six years. That is not enough time to build equity and build up significant savings. When you create equity, you create savings.»
Author: Larry Thurmond
«You need to start, you need to be consistent with it, and you need to let the compound interest work (in a mutual fund).»
Author: Larry Thurmond
«The great thing about mutual funds is that most of the time the money isn't invested in any one fund, so it's like the risk spreads.»
Author: Larry Thurmond
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