Quotes of the Day

Bond yields more likely stay extremely low for a long time to come, and possibly go even lower I believe that low interest rates are mainly the result of an aging population, not the Great Recession and not COVID-19. Having more people who are over age 50 changes the balance of supply and demand for money, since older people tend to be savers rather than borrowers. Our ratio of older to younger people now is very similar to what it was in Japan 20 years ago. Interest rates there 20 years ago were about the same as ours are today, and their rates have hovered near zero ever sine. [2020] - Frederick Vettese

Spend only money that your business has generated. [2004] - Gary Keller

Many forex traders like to target a reward-to-risk ratio of 3:1 as the ideal. Shooting for 2:1 can often be more practical in many real-life trading situations. [2009] - James Chen

If the seller thinks you're a little bit crazy, he or she may be more inclined to accept a goofy offer. [2006] - Robert Irwin

Regardless of where you begin, the real estate cycle always progresses in the same way. That is, a slump always follows a boom, a boom always follows a recovery, and a recovery is always sandwiched between the slump that comes before it and the boom that follows. Each of these phases include a beginning, middle and end stage. [2011] - Don R. Campbell