Quotes of the Day

Usually investors don't need to address their stock/bond allocation more than once a year. But when the stock markets go completely nuts--dropping by 20 percent or more--it's a good idea to take advantage of it if you can. [2017] - Andrew Hallam

Sophisticated investors avoid placing specific dates on their contract conditions, Instead, they use a specific number of days after acceptance. For example, rather than "Subject to buyer's lawyer's approval by May 11, 2010", the statement should read, "Subject to buyer's lawyer's approval within 14 days of acceptance." That way, if the negotiations go back and forth for a while and the vendor finally agrees, to the contract two weeks after you started the process, you are not under any additional time constraints. [2009] - Don R. Campbell

Seven Habits for Business Success: 1. Plan thoroughly (Six P: Proper Prior Planning Prevents Poor Performance); 2. Organize the people and resources before you get started; 3. Find the right people (95 percent of your success as an entrepreneur or executive will be determined by the quality of the people you recruit); 4. Delegate wisely; 5. Inspect what you expect (proper supervision); 6. Measure performance; 7. Keep people informed (report results regularly and accurately). [2004] - Brian Tracy

Real estate is truly international. Of course some countries like Japan make it exceedingly difficult for foreigners to invest in their country. But there are many countries where there are no or minimal restrictions. Right now the prospects for Prague and Budapest are tremendous. [2001] - Dolf de Roos

Fatigue refers to a lack of energy, rather than a desire to sleep. True sleepiness is caused by one the three things: medication, sleep deprivation, or sleep dysfunction. [2017] - W. Chris Winter