Quotes of the Day

People increase their lower body movements when they lie. [2004] - Allan Pease

Many sales representatives flog offshore pensions from companies like Zurich International, RL 360, Friends Provident, Generali, Aviva, and Royal Skandia (Old Mutual) without realizing their clients are usually charged on three levels: annual management costs, establishment costs, and hidden mutual fund management fees. Sometimes, there are also “mirror fund” charges. Some of the more common brokerages selling offshore pensions include the deVere Group, Montpelier Financial Consultants, Austen Morris Associates, Globaleye Financial Planning, the Henley Group, Gilt Edge International, Warrick Mann International, the Alexander Beard Group, SCI Group Ltd., W1 Investment Group, Holborn Assets, and the Sovereign Group. [2018] - Andrew Hallam

In the worst-case scenario, you will want enough cash sitting in the bank to cover all the carrying costs of owning a real estate property for three to six months.  [2017] - Calum Ross

The 70% rule states that the most a flipper should pay for a property is 70% of the after repair value (ARV, what the house is worth after it has been fixed up) less rehab costs. So, a house that has an ARV of $150,000 and needs $30,000 worth of rehab could be bought for $75,000, because $150,000 x .7 = $105,000 and $105,000 - $30,000 = $75,000. How can I do this? It may require direct mail, Craigslist, driving for dollars and it's going to take some hustle. Most lenders are unwilling to loan money on a fixer-upper and you'll probably have to look at options such as hard money, private money, cash, home equity, and other strategies. [2015] - Brandon Turner

The most strategic way to approach a female in a social setting: Walk toward her in full view if possible, and stand close enough to talk, but not too close. Keep a respectful distance, yet one that permits easy conversing. The precise distance will vary depending on the room size, the crowd, the situation, and certain other variables. [2006] - Leil Lowndes