If you're not a saver, I'd be very concerned you may spend that investment account.

As long as you don't need the money for anything else, if you can average 10, 11 percent in the stock market, you'll come out ahead.

If you can't pay off a trip in three months, then you shouldn't travel. You can't spend more than you're earning.

I look at my forecast and, frankly, I was off by $180 million on their investment-banking side. M&A did extremely well.

Today's package actually tells players to put away any major investment plans and rely on regulation instead.

It's a terrific move. It creates two businesses, each focused on their own area, and two investment vehicles that are more closely aligned with the kind of performance that investors are looking for.