Quotes of the Day

When it comes to saving for retirement, savings accounts, money market funds, and CDs are far riskier than a diversified portfolio of stock and bond market index funds. If you’re saving money for a home down payment, for example, one of these accounts will work well. The same applies to emergency money (everyone should keep about six months of living expenses in such accessible cash accounts in case they lose their job). [2022] - Andrew Hallam

Start at the lowest, usually 10:1 and move up by the smallest increments possible as you have success. [2008] - Michael Duane Archer

Positive stress (challenge stress) energizes. Our body automatically reacts to a stressful event within seconds and also reacts to our thoughts about the event. When we start to notice the stress response in our muscle tension, heart rate, and breathing, we can relabel it by saying, "This is good stress, energizing me so I can perform well!" this can help shape the body's response to be more energizing, bringing more dilation to the vessels and more blood to the brain. [2017] - Elizabeth Blackburn

I recommend finding an insurance broker, rather than just an agent at a specific company. A broker can shop around at different companies for the best rate and coverage, and can switch your policy if necessary without your having to take your business elsewhere. [2015] - Brandon Turner

To make sure you can move quickly to borrow if needed, keep an eye on your current ratio (assets over liabilities--at least 2:1 is good) and quick ratios (liquid assets divided by current liabilities--should be over 1:1). [2000] - Robert T. Kiyosaki