Author

If there's not enough money in the bank account, you don't spend it.

I grew up in an era when money was not readily available. We were into the post-Depression years and World War II.

When I was 14, I did all kinds of different odd jobs. I had a chicken farm, had an ice cream operation in the summertime, worked as a caddy; all things to make money and save money. Save money in order to invest - that was the first step, though I never really accumulated very much because of other demands like bicycles and things like that.

From Charles Schwab

There was a guy by the name of Charles Schwab: actually, Charles M. Schwab. I read a lot about him, and I always hoped I was related, but I wasn't. He was a steel magnate. He worked for J.P. Morgan; then he started Bethlehem Steel. But he had no children, unfortunately, and it turned out I wasn't a relative.

From Charles Schwab

I remember very vividly - I wrote about it in one of my books - my first IRA. I contributed $2,000 every year, and in 21 years, the funds in that IRA account grew to $260,000. Seems like sort of a miracle, but it happened.

From Charles Schwab

Just because a stock is down doesn't mean it's a great buy.

From Charles Schwab

You've always got to think about having some fixed income in your portfolio as well as equities.

From Charles Schwab

For as little as a thousand dollars, you can open an account at Schwab. I mean, it's not a big barrier to entry.

From Charles Schwab

I never knew the word 'billion' when I was a kid.

From Charles Schwab

As a young analyst just out of Stanford business school in the 1960s, I got to really understand what growth was about. Back then, you had to ask a customer to pay some money. That was the most important thing in getting a company off the ground.

From Charles Schwab

Charles Schwab

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