Quotes of the Day

The COT report is released every Friday at 3:30pm Eastern Time. However, it is based on information as of Tuesday. We just focus on the Long and Short commitments in the Non-commercial category. [2008] - Yeo Keong Hee

Bad debt is any debt where you CANNOT use the interest charge as a deduction on your tax return. There is only one kind of debt where you can use the interest charge as a deduction, and that is debt incurred to produce income whether passively through investments or actively through a business. In only these two cases can the interest costs of borrowing money be applied against the income being earned with that borrowed money. You simply pay tax on the difference. [2008] - Dwayne Daku

When a stock, commodity, or index hits or nears a nice round number such as 10,000 on the Dow, 2000 on NASDAQ, $20 in crude, or a significant technical level such as a previous high and can’t break through it, look for a reversal. [2003] - Marcel Link

Generally a person who invests for capital gains is investing on an opinion. A cash flow investor invests for facts. [2008] - Robert T. Kiyosaki

In a 2018 research paper, Vanguard says index funds comprise just a small amount of the investment universe. Vanguard references Morningstar’s data when reporting that 85 percent of the money in the US stock market and 90 percent of the money in the global stock market is actively managed. [2022] - Andrew Hallam