Dow 40,000

"The 30 stocks represented in the Dow account for approximately one-fifth of the total market value of the $11.3 trillion U.S. equity market."

"Since the mid-1990s, investment across borders has grown three times faster than world trade or world output."

"Developing countries will have an impact not only on the world's economic landscape, but also on the world's political landscape."

"While Latin America's growth is less dramatic than that in Asia, its countries' more disciplined adherence to free market principles, as well as their democratic forms of government, may convince investors to look south for opportunities."

"No project in the history of this country has done more to redistribute wealth than Social Security."

"The privatization of public pension programs has been used throughout the world in various forms and with varying degrees of success as a solution to the large financial burden that public pension programs place on governments."

"The first wave of baby boomers is entering the saving stage, creating a large source of funds for investment, an integral component in the quest to keep interest rates low."

"It may help in understanding how interest rates affect the economy to think of interest rates as the price of consumption as opposed to the price of money."

"A nation that experiences 3 percent growth in productivity will be four times wealthier in 70 years than one that experiences only 1 percent growth."

"The New Economy is fueled by communication and information, and the Internet is the place to be."

"The financial sector is going to be a major beneficiary of the baby boomer's hitting their prime in the earning cycle."

"A gamble involves long shots with slim chances of success. Risks, on the other hand, are components that the investor measures before making a decision."

"A diversified portfolio creates a platform for investors to commit assets at a risk level with which they feel comfortable, based on the length of time they expect the assets to grow before harvesting them."

"When an investor makes the first purchase of a mutual fund, he or she creates a portfolio in a single step."

"Instead of conducting extensive research into the merits of the universe of stocks and other securities available to them, index fund managers simply buy and hold all of the stocks that constitute the index."