Quotes of the Day
Most professional traders don’t pay much attention to a risk/reward ratio. They focus on identifying optimal trade setups, good trade execution, and good trade management through the trade exit. If the focus is on these positive factors, closed profitable trades will usually be several times the initial capital exposure. [2009] - Robert C. Miner
The Dow Jones Industrial Average was created in 1896 and still widely followed today-although it really shouldn't be. The Dow includes just 30 companies, hand-picked by a committee, and instead of being weighted according to a company's size, it's weighted by share price. This made sense 120 years ago when the calculations were made with pencil and paper, but it's almost useless today, and the Dow Jones Industrial Average is a relic that survives only because it's owned by the same company that publishes the Wall Street Journal. So do yourself a favour: ignore the Dow and avoid index funds or ETFs that track it. [2021] - Dan Bortolotti
Lemon juice and apple cider vinegar can cause dramatic problems for your teeth, yet they can be great for health and boosting your immune system. So, the dilemma is how to benefit from these things while avoiding any damage in your mouth. The ideal solution is to consume foods and drinks as components of mealtimes and to not worry about their pH or acidity, providing the final food in your mouth is something that is alkaline, such as a piece of cheese, celery, or xylitol. This pattern of eating allows you freedom to eat any food safely, but you always end the meal with a tooth-protective food. [2018] - Ellie Phillips
Rare coins should represent less than 10 percent of your investments. [2008] - Shayne McGuire
How to Make $1,000,000 Through Rental Properties: Buy incredible rental properties, save the cash flow, and reinvest that cash flow into even more properties. This is not a get-rich-quick plan. It plays out over seven to ten years--maybe more, maybe less. This plan works based on ideal numbers. For example, I use a nice, round "3% appreciation" number, because that has been the U.S. historical average. [2015] - Brandon Turner
