Quotes of the Day

Greed and fear are the two most dangerous emotions to a trader. [2009] - James Chen

If you moved at least 40 kilometres to start a new job or business, you can deduct most of the expenses of that move. [2008] - Dwayne Daku

The most common reason why properties are sold at way below their true value is, unfortunately, divorce. Not getting an appraisal is also a surprisingly frequent reason why properties are sold at way below the market value. Sometimes the owners are simply too stingy to engage the services of a appraiser. Very commonly a property may be sold by people who have no vested interest in getting the true market value for it. This is often the case with foreclosure situations, where the bank is mainly interested in getting its mortgage back, but also occurs when people are asked to look after someone else's affairs. [2001] - Dolf de Roos

Stops that are too tight are a surefire method of losing money. The more volatile the market is, the farther away a stop must be for it to be effective. Never place it at or within a whole number, trendline, moving average, high or low of the day or week, or any significant support or resistance level showing on either the time frame you are looking at or a higher one. It is best to place a stop outside these levels—-and not just outside of them but with some breathing space as well. [2003] - Marcel Link

Our ability to obtain deep sleep declines with age, beginning as soon as our late twenties or early thirties, but worsening as we enter middle age. One analysis suggests that the bulk of the changes in adult sleep patterns occur between the ages of 19 and 60 and only minimally decline after that, if one remains in good health (a big if). More research points to the forties and sixties as the decades of life when deep sleep is especially important for the prevention of Alzheimer's disease. People who have slept less during those decades seem to be at higher risk of developing dementia later on. [2023] - Peter Attia