Quotes of the Day

Who needs a sleeping pill? This list is fairly short: 1. For brief periods of acute stress secondary to clearly identifiable stressors or sleep disruptors: loss of a loved one, loss of a job, divorce, chronic pain, and so on. 2. Environmental issues: sleeping in a hotel, camping with your family, or other episodic events that temporarily put you in an environment where sleep is difficult. 3. Shift work disorder. 4. Jet lag. 5. There are some who would add "primary insomnia" to this list. I'm not buying it. I believe there are patients who have higher-than-normal arousal than others. These patients need cognitive behavioral therapy, not a pill. [2017] - W. Chris Winter

Real estate is great for the creative investor who is a good negotiator. [2002] - Robert T. Kiyosaki

Chasing a breakout is not a great idea. For every successful breakout, there’s a false breakout. Staying solvent means protecting yourself from false breakouts. The best way to do that is to buy at the breakout point and set a stop-loss to make sure if the price falls much below the breakout point, you get out with no more than a small loss. A good rule of thumb many professional traders use is to only buy within 5% of the breakout point. If the price has risen further than that by the time I’m at my trading screen, then I usually disregard the breakout and wait for the next opportunity. [2019] - Glen Goodman

A special commendation should go to the small cities and towns that are actively promoting themselves to the world. These include towns such as Barrie, Orillia, Hamilton and the Tri-Cities areas of Ontario; Fort Saskatchewan, Grand Prairie, Red Deer and Devon in Alberta; and Abbotsford, Cranbrook and Fort St. John in British Columbia. Although these may or may not be great places in which to invest, these towns have decided that their future is in their hands and they are promoting the influx of investment to their towns. [2009] - Don R. Campbell

The Wealth Formula: Your Future Wealth = (Amount + Time + Rate) - (Fees + Tax + Inflation) [2018] - Larry Bates