Our CEO Shares 5 Pieces of Advice from His Father
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5 Pieces of Advice I Learned From My Father

  • Strive for a balanced cash-to-equity ratio.
  • Work, toil, and achieve.
  • Seek to balance your long-term investments and short-term gains.

I have always looked to my father, not so much for advice but rather for perspective on life. He doesn’t tell me what to do, instead he gives me guideance about what’s important. Here are his five “ratios” that guide me today:


In one’s life work, what is success? How do we make the most impact on other people?

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“Watch your fluff-to-substance ratio. Too much fluff and no one will take you seriously. Too much substance and no one will listen.”

I must admit, I lean towards too much fluff, because it’s fun. But I try to deliver true substance — knowledge and insight — as well.


In life, we have many choices between pursuit of short-term earnings and investment in long-term gains — particularly in Silicon Valley where I work. But this advice applies to everyone anywhere who wants to improve their financial life.

“Watch your cash-to-equity ratio. Too much cash and you’ll never make big money. Too much equity and you’ll starve.”

Early in life I strove for cash, because I needed to. Later in life I sought equity, because I could.


We all need to achieve in the here and now. We also desire to expand the range of talents we possess for future achievement.

“Watch you doing-to-learning ratio. Too much doing and you’ll never broaden your horizon. Too much learning and you’ll never get anything done.”

Work, toil, achieve. At the same time, build yourself into a better person. I’m reminded of that ancient prescription, “In all thy getting, get wisdom.”


We sometimes forget that the most important part of life lies in the people we love — friends, parents, children and spouses. (What is the plural of spouse … spice?)

“Watch your fun-to-soul ratio. Too much fun and you’ll miss the depth of loving. Too much soul and you’ll miss the giddiness.”

Of course, I’m drawn to the fun side. But I try to remember my father’s counsel and be open to true expression and confession. It requires comfort with vulnerability. I’m not naturally good at that, but when I let myself be vulnerable, it leads to true intimacy.


We live in a world of instant gratification. So much energy is devoted to immediate desires. But we all seek balance.

“Watch your now-to-later ratio. Too much focus on the now and you bankrupt your future. Too much focus on the later and you miss the beauty of life.”

There’s a famous experiment which studied the characteristics of delayed gratification in young children. The experiment participants were offered one marshmallow if they wanted it now, and two marshmallows if they waited for a short time. Not surprisingly, this long-term study showed conclusively that the children who were able to wait were more successful in later life.

My father did not tell me how to act, but rather suggested a framework to decide for myself how to act. For that, I thank him.

The content contained in this blog post is intended for general informational purposes only and is not meant to constitute legal, tax, accounting or investment advice. You should consult a qualified legal or tax professional regarding your specific situation. Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.

Any reference to the advisory services refers to Personal Capital Advisors Corporation, a subsidiary of Personal Capital. Personal Capital Advisors Corporation is an investment adviser registered with the Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC.

Bill Harris is the founder of Personal Capital. He has spent 25 years building financial technology, notably serving as CEO of Intuit and PayPal. He is the founder of several financial technology companies and has served on the boards of numerous technology firms, such as SuccessFactors, RSA Security, Macromedia, and Answers.com.
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Let us know…

This year, my top financial priority is:

Building my emergency fund
Paying off high-interest debt
Budgeting better
Saving for a short-term goal, like a vacation or new car
Increasing my investment contributions
Maintaining status quo - I’ve got this under control

Make moves toward your money goals with Personal Capital’s free financial tools.